ASSIGNMENT AGREEMENT

Assignment Agreement

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RANCHER ENERGY CORP. | PIN PETROLEUM PARTNERS LTD

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Title: ASSIGNMENT AGREEMENT
Governing Law: Wyoming Date: 6/30/2006

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Rancher Energy Corp. Exhibit 10.6 - Assignment

Exhibit 10.6

ASSIGNMENT AGREEMENT

This ASSIGNMENT AGREEMENT (the “Assignment Agreement”) is made and entered into on this 21st day of June, 2006, between PIN PETROLEUM PARTNERS LTD, a company organized and existing under the laws of British Columbia (the “Assignor”), and RANCHER ENERGY CORP., a company organized and existing under the laws of Nevada, USA.

WITNESSETH:

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