SALES AND PURCHASE AGREEMENT

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     THIS AGREEMENT ("Agreement") is entered into this day of March 15, 2006, by

and between Structured Capital Corp., a Texas corporation, whose address is 1900

West  Loop  South,  Suite  1100,  Houston,  Texas, represented herein by Jostein

Hauge,  its  duly authorized President ("Assignor"), and Texaurus Energy Inc., a

Delaware corporation, whose address is 2411 Fountainview Dr, Suite 120, Houston,

Texas 77057, represented herein by Frank A. Jacobs, its duly authorized Director

("Assignee").



The  agreement  of  the  parties  is  as  follows:



     1.  PURCHASE  AND SALE. Subject to the terms, provisions and conditions set

forth  herein  below, and for the consideration set forth below, Assignor hereby

agrees  to  sell,  assign  convey and deliver unto Assignee, and Assignee hereby

agrees to purchase and acquire from Assignor, the "Assigned Interests" described

more  particularly  on  Exhibit  "A" attached hereto and made a part hereof. The

closing  (the  "Closing")  shall  be  held  on April 7, 2006 unless such date is

extended by agreement of Assignor and Assignee or unless it is extended pursuant

to  Section  7  below.



     2. PURCHASE PRICE. For and in consideration of the agreement of Assignor to

sell,  assign,  convey  and  deliver the Assigned Interests unto Assignee in the

manner  set  forth  above,  Assignee  does  hereby bind and obligate itself, its

successors  and  assigns, to pay the purchase ("Purchase Price") set forth below

to  Assignor.  The Purchase Price is hereby agreed to be the sum of Four Million

and  No/100  ($4,000,000.00)  Dollars,  payable  as  follows,  to-wit:



(a)     Two  million  five  hundred  thousand  ($2,500,000)  Dollars  payable to

Assignor,  and  due  and  payable in full on or before April 7, 2006, by wire to

Assignor's  account.



(b)     The  issuance of thirty seven million five hundred thousand (37,500,000)

shares  in  the capital of Texhoma Energy, Inc., provided the issue price of the

private  placements  that  will occur contemporaneously with this transaction is

$0.04.



     3.  DELIVERY  OF  ASSIGNMENT.  Upon payment by the Assignee of the Purchase

Price,  Assignor  shall,  at  that  time,  execute  an assignment ("Assignment")

assigning,  selling,  conveying  and delivering unto Assignee with full warranty

the  Assigned  Interests.



     4.  ASSIGNOR  WARRANTIES.  Assignor  hereby warrants and agrees as follows,

to-wit:



(a)     No  suit,  action  or proceeding by or before any governmental authority

has  been  instituted  or threatened (and not subsequently dismissed, settled or

otherwise  terminated)  which  might restrain, prohibit or invalidate any of the

transactions  contemplated  by  this  Agreement.



(b)     The Assignment and execution of this Agreement has been fully authorized

pursuant  to the certified resolution of the Member(s) or Manager(s) of Assignor

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