Extension Agreement for Purchase of Oil and Gas Leases between Avro Energy, Inc. and Fredco LLC

Summary

Avro Energy, Inc. and Fredco LLC have agreed to extend the terms of a previous agreement dated September 9, 2009, regarding Avro's purchase of three Muslow leases (A, B, and C) and the Caddo Levee Board Lease, which together include 21 wells and related equipment. Under this extension, Avro will pay Fredco $35,000 on November 20, 2009, and another $35,000 on December 20, 2009. The agreement is signed by representatives of both companies.

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EX-10.2 2 ex10-2.txt EXTENSION AGREEMENT Exhibit 10.2 AVRO ENERGY, INC. 213 East Arkansas Vivian, LA, 71082 ###-###-#### ***@*** October 16, 2009 Fredco LLC Vivian, Louisiana Attn: Fred Sarkozi Dear Sir: This letter of agreement confirms an extension of an agreement signed September 9, 2009, for the purchase of 3 leases of the Muslow A, B, and C comprising 8 wells and equipment, and the Caddo Levee Board Lease comprising of 13 wells and equipment. Under the terms of the extension Avro will pay the Operator $35,000 on November 20, 2009 and an additional $35,000 on December 20, 2009. AVRO ENERGY INC. Per: "Donny Fitzgerald" Donny Fitzgerald FREDCO LLC Per: "Fred Sarkozi" Fred Sarkozi