premier oil field services, inc. subscription agreement _ _ _ _ _ _ _ _ _ _ _ _ _ _ _, 2010 premier oil field services, inc. subscription agreement _ _ _ _ _ _ _ _ _ _ _ _ _ _ _, 2010 premier oil field services, inc. 270 southern drive royce city, texas 75189 ladies and gentlemen : 1. purchase of common stock. intending to be legally bound, i hereby agree to purchase _ _ _ _ _ _ _ _ shares of voting, $ 0. 001 par value common stock ( the " shares " ) of premier oil field services, inc. ( the " corporation " ) for _ _ _ _ _ _ _ _ _ _ _ _ _ _ u. s. dollars ( number of shares to be purchased multiplied by $ 0. 75 ). this offer to purchase is submitted in accordance with and subject to the terms and conditions described in this subscription agreement ( the " agreement " ). i acknowledge that the corporation reserves the right, in its sole and absolute discretion, to accept or reject this subscription and the subscription will not be binding until accepted by the corporation in writing. 2. payment. i agree to deliver to the corporation immediately available funds in the full amount due under this agreement, by cash or by certified, personal or cashier's check payable to the " premier oil field services, inc. " the money we raise in this offering before the minimum amount, $ 60, 000, is sold will be held uncashed in a company safe where the funds will be held for the benefit of those subscribing for our shares, until the minimum amount is raised at which time we will deposit them in our bank account and retain the transfer agent who will then issue the shares. the funds will not be commingled with any other monies, and if the minimum amount is not raised by the end of the offering period, january 15, 2011, all funds will be refunded immediately, without interest. 3. issuance of shares. the shares subscribed for herein will only be issued upon acceptance by the corporation as evidenced by the corporation returning to the investor an executed agreement acknowledging acceptance and upon satisfaction of the terms and conditions of the offering. 4. irrevocability ; binding effect. i hereby acknowledge and agree that the purchase hereunder is irrevocable, that i am not entitled to cancel, terminate or revoke this agreement or