Loan Agreement dated as of February 13, 2009 between Maverick Minerals Corp. and Senergy Partners LLC

“Advance” means an advance on account of the Loan;

“Applicable Law” means all public laws, statutes, ordinances, decrees, judgments, codes, standards, acts, orders, by-laws, rules, regulations, official body consents, permits, binding policies and guidelines, and requirements of any Governmental Authority, which now or hereafter may be lawfully applicable to and enforceable against the Borrower or its property or any part thereof.

“Borrower” means Maverick Minerals Corporation.

“Business Day” means a day of the year, other than Saturday or Sunday, on which banks are open for business in Saskatoon, Saskatchewan.

“Closing Date” means February 13th, 2009 or such later date as agreed by the Lender and the Borrower.

“Debt Settlement Agreement” means the debt settlement agreement dated as of February 10^th, 2009 between the Borrower and the Lender attached as Schedule “B” hereto;

“Encumbrances” means and includes any mortgage, charge, hypothec, privilege, pledge, security interest, lien, claim and encumbrance of any nature whatsoever or howsoever arising in respect of or affecting any Property, and includes any renewals or extensions thereof, which is not effectually postponed, subordinated or waived in favour of the indebtedness and liability from time to time in respect of the Loans.

“Event of Default” has the meaning defined in Section 7.1.

“GAAP” means generally accepted accounting principles in effect from time to time in the United States.

“Governmental Authority” means, when used with respect to any person, any government, parliament, legislature, regulatory authority, agency, tribunal, department, commission, board, instrumentality, court, arbitration board, or arbitrator or other law, regulation or rule making entity (including a Minister of the Crown, any central bank, Superintendent of Financial Institutions or other comparable authority or agency) having or purporting to have jurisdiction on behalf of, or pursuant to the laws of, Canada or any country in which such person is incorporated or otherwise created or established or in which such person has any Property or carries on business, or any province, territory, state, municipality, district or political subdivision of any such country or of any such province, territory or state of such country.

“Interest Rate” means 8% per annum calculated and compounded monthly, not in advance as well after as before maturity, default and judgment on the outstanding daily balance of the Loan based on the number of days elapsed in a 365 day year;

“Lender” means Senergy Partners LLC.

“Loan” means the revolving loan in the maximum principal amount of $1,000,000.

“Maturity Date” means December 31, 2012, unless sooner determined due to the occurrence of an Event of Default;

“Material Adverse Effect” means a material adverse effect (or a series of adverse effects, none of which is material in and of itself but which, cumulatively, (i) constitutes a material adverse change in the business, operations, financial condition or properties of the Borrower taken as a whole; (ii) that materially impairs the ability of the Borrower to timely and fully perform its obligations under the Loan Agreement, or (iii) that materially impairs the ability of the Lender to enforce its rights and remedies under this Loan Agreement.

“Obligations” means all obligations of the Borrower to the Lender under or in connection with this Loan Agreement, including but not limited to all debts and liabilities, present or future, direct or indirect, absolute or contingent at any time owing by the Borrower to the Lender or remaining unpaid by the Borrower to the Lender or in

connection with this Loan Agreement, whether arising from dealings between the Lender and the Borrower or from any other dealings or proceedings by which the Lender may be or become in any manner whatever a creditor of the Borrower under or in connection with this Loan Agreement, and wherever incurred, and whether incurred by the Borrower alone or with another or others and whether as principal or surety, and all interest, fees, legal and other costs, charges and expenses.

“Permits” means licenses, authorizations, consents, certificates, registrations, exemptions, permits and other approvals, obtained from or required by a Governmental Authority.

“Permitted Encumbrances” means, with respect to any Person, the following:

Encumbrances for taxes, rates, assessments or other charges of Governmental Authorities, charges or levies not yet due, or for which instalments have been paid based on reasonable estimates pending final assessments, or if due, the validity of which is being contested diligently and in good faith by appropriate proceedings by that person and for which adequate reserves have been established in accordance with GAAP;

undetermined or inchoate Encumbrances, rights of distress and charges incidental to current operations which have not at such time been filed or exercised and of which none of the Lender has been given notice, or which relate to obligations not due or payable or if due, the validity of which is being contested diligently and in good faith by appropriate proceedings by that person;

to the extent a security interest is constituted or created thereby, any right of first refusal in favour of any person granted in the ordinary course of business with respect to the properties of the Borrower, which in the aggregate do not detract materially from the value of any part of the Property of the Borrower or its use in the operations of the Borrower;

any interest of a third party under any pooling, unit development, overriding royalty, net profits interest, carried interest, reversionary interest or operating agreement affecting mineral or other natural resource rights entered into in the ordinary course of business between arm’s length third parties on reasonable commercial terms; and

other Encumbrances expressly agreed to in writing by the Lender,

provided that nothing in this definition or this Loan Agreement shall (A) be construed as evidencing an intention or agreement on the part of the Lender that the Obligations hereunder be or have been subordinated to any such Permitted Encumbrance, or (B) cause any such subordination to occur.

“Person” means and includes an individual, a partnership, a joint venture, a corporation, a limited liability company, a trust, an unincorporated organization and a government or any department or agency thereof;

“Property” means, with respect to any person, any or all of its undertaking, property and assets.

“Securities Laws” means all applicable securities laws in the relevant jurisdictions and the respective regulations made thereunder, together with applicable published fee schedules, prescribed forms, policy statements, orders, blanket rulings and other regulatory instruments of the securities regulatory authorities in such jurisdictions.

“Security Documents” means the security documents set out in Section 8.1 to this Agreement and any other security document from time to time taken by the Lender from the Borrower as security for the payment, observance and performance of the Loan in whole or in part;

“Taxes” means all taxes, levies, imposts, stamp taxes, duties, deductions, withholdings and similar governmental impositions payable, levied, collected, withheld or assessed as of the date of this Loan Agreement or at any time in the future, and “Tax” shall have a corresponding meaning.

“Loan Agreement”, “Agreement”, “hereof”, “herein”, “hereto”, “hereunder” or similar expressions mean this Loan Agreement and any Schedules hereto, as amended, supplemented, restated and replaced from time to time.

“$”, “US Dollars” and “USD$” mean lawful money of the United States.

Corporate and Securities Matters

Due Incorporation, Etc. The Borrower is incorporated under the laws of the state of Nevada and is a corporation duly incorporated and organized and validly subsisting under the laws of the jurisdiction of its incorporation and is duly qualified, registered or licensed in all jurisdictions where such qualification, registration or licensing is required to the extent that it is material. The Borrower has all requisite corporate capacity, power and authority to own, hold under licence or lease its properties, to carry on its business as now conducted and as proposed to be conducted and to otherwise enter into, and carry out the transactions contemplated by this Loan Agreement.

Due Authorization. The entering into and the performance by the Borrower of this Loan Agreement (i) has been duly authorized by all necessary corporate action on its part, (ii) do not and will not violate its constating documents, any Applicable Law, any Permit or any Contract to which it is a party, and (iii) will not result in the creation of any Encumbrance on any of its Property, will not require it to create any Encumbrance on any of its Property and will not result in the forfeiture of any of its Property.

No Restrictions in Constating Documents. The execution, delivery and performance of this agreement and the consummation of the transactions contemplated herein and therein do not and will not conflict with, result in any breach or violation of, or constitute a default under, the terms, conditions or provisions of the constating documents or by-laws of, or any unanimous shareholder agreement or declaration relating to, the Borrower or of any law, regulation, judgment, decree or order binding on or applicable to the Borrower or by which the Borrower benefits or to which any of its property is subject or of any material agreement, lease, licence, permit or other instrument to which the Borrower is a party or is otherwise bound or by which the Borrower benefits or to which any of its property is subject and do not require the consent or approval of any other party or any governmental body, agency or authority.

Due Execution, Etc. The Loan Agreement have been or will be duly executed and delivered by it and constitute legal, valid and binding obligations enforceable against it in accordance with its respective terms, subject to the availability of equitable remedies and the effect of bankruptcy, insolvency and similar laws affecting the rights of creditors generally.

Ownership of Assets and Properties

The Borrower does not warrant title to its assets but represents and warrants that except for Permitted Encumbrances, the material assets of the Borrower are free and clear of any liens, royalties, production payments, charges, adverse claims, demands or encumbrances created by, through or under the Borrower.

Corporate and Securities Matters

Due Incorporation, Etc. The Lender is incorporated under the laws of the state of Nevada and is a limited liability corporation duly incorporated and organized

and validly subsisting under the laws of the jurisdiction of its incorporation and is duly qualified, registered or licensed in all jurisdictions where such qualification, registration or licensing is required to the extent that it is material. The Lender has all requisite corporate capacity, power and authority to own, hold under licence or lease its properties, to carry on its business as now conducted and as proposed to be conducted and to otherwise enter into, and carry out the transactions contemplated by this Loan Agreement.

Due Authorization. The entering into and the performance by the Lender of this Loan Agreement (i) has been duly authorized by all necessary corporate action on its part, and (ii) do not and will not violate its constating documents, any Applicable Law, any Permit or any contract to which it is a party.

No Restrictions in Constating Documents. The execution, delivery and performance of this agreement and the consummation of the transactions contemplated herein and therein do not and will not conflict with, result in any breach or violation of, or constitute a default under, the terms, conditions or provisions of the constating documents or by-laws of, or any unanimous shareholder agreement or declaration relating to, the Lender or of any law, regulation, judgment, decree or order binding on or applicable to the Lender or by which the Lender benefits or to which any of its property is subject or of any material agreement, lease, licence, permit or other instrument to which the Lender is a party or is otherwise bound or by which the Lender benefits or to which any of its property is subject and do not require the consent or approval of any other party or any governmental body, agency or authority.

Due Execution, Etc. The Loan Agreement have been or will be duly executed and delivered by it and constitute legal, valid and binding obligations enforceable against it in accordance with its respective terms, subject to the availability of equitable remedies and the effect of bankruptcy, insolvency and similar laws affecting the rights of creditors generally.

Prompt Payment

The Borrower shall duly and punctually pay or cause to be paid to the Lender all amounts payable under this Loan Agreement at the dates and places, in the currencies and in the manner mentioned herein.

Use of Proceeds

The Borrower shall apply all of the proceeds of the Loan for the purposes set out in Section 2.2 hereof.

Encumbrances

The Borrower shall not create, incur or assume or suffer to exist or cause or permit any Encumbrance upon or in respect of any of its material Property, except for Permitted Encumbrances.

Limit on Senior Debt or Further Subordinate Debt

The Borrower shall not, without the prior written consent of the Lender, incur, assume or suffer to exist any indebtedness other than indebtedness to unsecured trade creditors which is incurred in the ordinary course of business.

the Borrower fails to pay any amount of principal when due; or

the Borrower fails to pay any amount of interest when due or, to pay fees within five (5) Business Days of when due; or

the Borrower ceases or threatens to cease to carry on its business, except as expressly permitted in this Loan Agreement, or admits its inability or fails to pay its debts generally; or

the Borrower becomes a bankrupt (voluntarily or involuntarily); or becomes subject to any proceeding seeking liquidation, arrangement, relief of creditors or the appointment of a receiver or trustee over, or any judgment or order which has or might have a Material Adverse Effect, and such proceeding, if instituted against the Borrower, or such judgment or order, is not contested diligently, in good faith and on a timely basis and dismissed or stayed within 30 days of its commencement or issuance; or

if any representation or warranty made by the Borrower in this agreement or in any other document, agreement or instrument delivered pursuant hereto or referred to herein or any information furnished in writing to the Lender by the Borrower proves to have been incorrect in any material respect when made or furnished, and such Event of Default, to the extent curable, has not been cured within ten (10) Business Days after written notice to do so has been given by the Lender to the Borrower; or

the breach or failure of due observance or performance by the Borrower of any covenant or provision of this Loan Agreement, other than those heretofore dealt with in this Section 7.1 or of any other document, agreement or instrument delivered pursuant hereto or referred to herein which is not remedied by the Borrower within ten (10) Business Days after written notice to do so has been given by the Lender to the Borrower, unless permitted to do so by the Lender.

the Lender having received a properly executed original of this Loan Agreement and any Security Documents then in effect;

the Borrower’s representations and warranties contained herein and in the Security Documents then in effect then being true and correct in all material respects;

the Borrower having entered into the Debt Settlement Agreement with the Lender in substantially the form attached hereto as Schedule “B”;

there then being no outstanding Default or Event of Default and no outstanding condition, event or act which with or without the giving of notice could become an Event of Default; and

there then being no outstanding condition, event or act which has had or would reasonably be expected to have a Material Adverse Effect.

if to the Borrower:

if to the Lender: