X0303 4 2010-04-14 0 0001096339 SARATOGA RESOURCES INC /TX SROEQ 0001446720 Hebert Eddie J 7500 SAN FELIPE SUITE 600 HOUSTON TX 77063 0 1 0 0 Vice President - Finance Stock Option (Right to Buy) 3 2010-04-14 4 A 0 150000 0 A 2010-04-14 2020-04-14 Common Stock 150000 150000 D The option vests and becomes exercisable with respect to 100,000 shares on confirmation of Saratoga's plan of reorganization and exit of Saratoga from bankruptcy. The option vests and becomes exercisable with respect to 50,000 shares on the later of exit from bankruptcy or September 1, 2010. Michael Sanders, Attorney in Fact 2010-04-16