X0304 5 2011-07-11 0 0 1 0001312165 Gulf United Energy, Inc. GLFE.OB 0001501644 Ford Jimmy Don 122 BARKDULL ST. HOUSTON TX 77002 0 1 0 0 Vice President Common Stock 2011-07-11 4 A 0 L 200000 0 A 200000 D Common Stock 31800000 I See note 2 Non-Qualified Stock Options 0.32 2011-07-11 4 A 0 L 500000 0 A 2012-07-11 2016-07-11 Common Stock 500000 500000 D On July 11, 2011, the Issuer's Compensation Committee awarded 200,000 restricted shares of the Issuer's common stock as additional compensation to the Reporting Person pursuant to its 2011 Stock Option Plan. The restricted shares vest 1/3 each year beginning on the first anniversary of the grant date. Represents shares directly owned by Rodeo Resources, LP. Rodeo Resources GP, LLC is the sole general partner of Rodeo Resources, LP. The Reporting Person is a managing member of Rodeo Resources, GP, LLC, and by virtue thereof may be deemed to be beneficial owner of securities held by Rodeo Resources GP, LLC. The Reporting Person disclaims beneficial ownership of such securities to the extent of his pecuniary interest therein. Vests 1/3 each year beginning on the first anniversary of the grant date. /s/ Jimmy Don Ford 2011-08-13