ASSIGNMENT AND ASSUMPTION AGREEMENT WITH LEXARIA CORP., A NEVADA CORPORATION, DATED AUGUST 3, 2006

                                 EXHIBIT 10.25

           ASSIGNMENT AND ASSUMPTION AGREEMENT WITH LEXARIA CORP., A
                    NEVADA CORPORATION, DATED AUGUST 3, 2006




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                       ASSIGNMENT AND ASSUMPTION AGREEMENT

         THIS ASSIGNMENT AND ASSUMPTION AGREEMENT  (this "Agreement"), dated as
of  August  2,  2006,  is  between  Brinx  Resources Ltd., a Nevada corporation,
("ASSIGNOR"), and Lexaria Corp., a Nevada corporation ("ASSIGNEE").

                                    RECITALS

     A.       Assignor  and the  Assignee  each are in the  business of resource
              exploration;

     B.       Assignor holds a fifty percent (50%) "Working  Interest"  (defined
              below) in the Owl Creek Prospect in Garvin County Oklahoma, as set
              forth in:  (i) the letter  agreement  between  and  Ranken  Energy
              Corporation, an Oklahoma corporation ("Ranken") and Assignor dated
              July 25,  2005 and  attached  hereto  as  EXHIBIT  A (the  "Letter
              Agreement");  and  (ii)  the  joint  operating  agreement  between
              Assignor  and  Ranken  dated July 1, 2005 and  attached  hereto as
              EXHIBIT B (the "Joint Operating Agreement");

     C.       Assignor  desires  to assign to  Assignee  15% of its 50%  Working
              Interest,  which assignment shall result in Assignee  receiving an
              effective 7.5% Working  Interest (the "7.5% Working  Interest") in
              the  Owl  Creek  Prospect,  for the  purchase  price  of  $100,000
              (calculated at $13,333.33 per percentage  point),  such assignment
              to occur in  accordance  with,  and  subject  to,  the  terms  and
              conditions set forth in this Agreement;

     D.       For purposes of this  Agreement,  the term  "Working  Interest" is
              defined as set forth in the Letter Agreement,  including the right
              to  participate  at a 7.5%  working  interest in all future  wells
              drilled on a total of 1,080  acres  surrounding  the Powell #1 and
              #2, but the  definition  does not include "dry hole or  completion
              costs"  of the  future  wells,  including  the soon to be  drilled
              Isbill #1 nor does it include the  Johnson #1 well  located in the
              W/2 SE/4 Section 35-5N2W,  the producing Powell #1 well located in
              the E/2 SW/4 Section  25-5N-2W or the producing  Powell #2-25 wel