WENTWORTH ENERGY, INC. Amended and Restated Warrant To Purchase Common Stock

Exhibit 4.24

WARRANT

THE SECURITIES REPRESENTED BY THIS WARRANT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES LAWS. THE SECURITIES HAVE BEEN ACQUIRED FOR INVESTMENT AND MAY NOT BE OFFERED FOR SALE, SOLD, TRANSFERRED OR ASSIGNED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES LAWS, OR AN OPINION OF COUNSEL IN A FORM REASONABLY SATISFACTORY TO THE ISSUER THAT REGISTRATION IS NOT REQUIRED UNDER SAID ACT OR APPLICABLE STATE SECURITIES LAWS OR UNLESS SOLD PURSUANT TO RULE 144 UNDER SAID ACT. NOTWITHSTANDING THE FOREGOING, THIS WARRANT MAY BE PLEDGED IN CONNECTION WITH A BONE FIDE MARGIN ACCOUNT.

WENTWORTH ENERGY, INC.

Amended and Restated Warrant To Purchase Common Stock

Date of Issuance: October 31, 2007

Original Issue Date: January 12, 2006

The Company and the Holder hereby agree that this Warrant is issued in exchange for and does hereby amend and restate, and completely replace, that certain Warrant, dated as of January 12, 2006, by and between the Company and the Holder, which shall have no further force or effect.

Wentworth Energy, Inc., an Oklahoma corporation (the “ Company ”), hereby certifies that, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, YA Global Investments, L.P., a Cayman Islands exempt limited partnership (the “ Holder ”), the registered holder hereof or its permitted assigns, is entitled, subject to the terms set forth below, to purchase from the Company upon surrender of this Warrant, at any time or times on or after the date hereof, but not after 11:59 P.M. Eastern Time on the Expiration Date (as defined herein) Five Hundred Thousand (500,000) fully paid and non-assessable shares of Common Stock (as defined herein) of the Company (the “ Warrant Shares ”) at the exercise price per share provided in Section 1(b) below or as subsequently adjusted; provided, however, that in no event shall the holder be entitled to exercise this Warrant for a number of Warrant Shares in excess of that number of Warrant Shares which, upon giving effect to such exercise, would cause the aggregate number of shares of Common Stock beneficially owned by the holder and its affiliates to exceed 4.99% of the outstanding shares of the Common Stock following such exercise. For purposes of the foregoing proviso, the aggregate number of shares of Common Stock beneficially owned by the holder and its affiliates shall include the number of shares of Common Stock issuable upon exercise of this Warrant with respect to which the determination of such

proviso is being made, but shall exclude shares of Common Stock which would be issuable upon (i) exercise of the remaining, unexercised Warrants beneficially owned by the holder and its affiliates and (ii) exercise or conversion of the unexercised or unconverted portion of any other securities of the Company beneficially owned by the holder and its affiliates (including, without limitation, any convertible notes or preferred stock) subject to a limitation on conversion or exercise analogous to the limitation contained herein. Except as set forth in the preceding sentence, for purposes of this paragraph, beneficial ownership shall be calculated in accordance with Section 13(d) of the Securities Exchange Act of 1934, as amended. For purposes of this Warrant, in determining the number of outstanding shares of Common Stock a holder may rely on the number of outstanding shares of Common Stock as reflected in (1) the Company’s most recent Form l0-QSB or Form 10-KSB, as the case may be, (2) a more recent public announcement by the Company or (3) any other notice by the Company or its transfer agent setting forth the number of shares of Common Stock outstanding. Upon the written request of any holder, the Company shall promptly, but in no event later than one (1) Business Day following the receipt of such notice, confirm in writing to any such holder the number of shares of Common Stock then outstanding. In any case, the number of outstanding shares of Common Stock shall be determined after giving effect to the exercise of Warrants (as defined below) by such holder and its affiliates since the date as of which such number of outstanding shares of Common Stock was reported.

Section 1.

(a)           This Warrant is the common stock purchase warrant (this “ Warrant ”) issued pursuant to that certain Securities Purchase Agreement, dated as of January 12, 2006, by and between the Company and the Holder, as amended by that certain Amendment and Exchange Agreement, dated as of October 31, 2007 (“ A&E Agreement ”), by and between the Company and the Holder (as the same may be further amended, modified or supplemented from time to time, the “ Securities Purchase Agreement ”).

(b)           Definitions . The following words and terms as used in this Warrant shall have the following meanings:

(i)            “ Approved Stock Plan ” means any employee benefit plan, arrangement or other agreement which has been approved by the Board of Directors of the Company, pursuant to which the Company’s securities may be issued to any employee, consultant, officer or director for services provided to the Company.

(ii)           “ Business Day ” means any day other than Saturday, Sunday or other day on which commercial banks in the City of New York are authorized or required by law to remain closed.

(iii)          “ Closing Bid Price ” means the price per share in the last reported trade of the Common Stock on the OTC Bulletin Board (“ OTC ”) or on the exchange which the Common Stock is then listed as quoted by Bloomberg, LP.

(iv)          “ Common Stock ” means the common stock, par value $.001, of the Obligor and stock of any other class into which such shares may hereafter be changed or reclassified.

(v)           “ Convertible Securities ” means any stock or securities (other than Options) directly or indirectly convertible into or exercisable or exchangeable for Common Stock.

(vi)          “ Event of Default ” means an “Event of Default” as defined in the Convertible Debentures issued pursuant to the Securities Purchase Agreement.

(vii)         “ Excluded Securities ” means any Common Stock issued or issuable: (i) in connection with any Approved Stock Plan; (ii) upon exercise of this Warrant or the other Amended and Restated Warrants (as defined in the Securities Purchase Agreement) or the Warrants (as defined in the Other Securities Purchase Agreement) or conversion of the Amended and Restated Debentures (as defined in the Securities Purchase Agreement) or the Senior Secured Convertible Notes or; (iii) upon exercise of any Options or Convertible Securities which are outstanding, or that are subject to a written agreement as to their issuance that is listed on a schedule to the Other Securities Purchase Agreement; (iv) in an amount not to exceed 250,000 shares of Common Stock in the aggregate pursuant to a judgment or settlement in connection with (a) the PIN Financial Matter or (b) the UOS Energy Matter including, without limitation, Common Stock issuable pursuant to Options granted or Convertible Securities issued pursuant to such judgment or settlement; and (v) otherwise pursuant to a written agreement that is listed on a schedule to the Other Securities Purchase Agreement, provided that the terms of conversion price, exchange price, exercise or other purchase price therein are not amended, modified or otherwise changed after the date hereof to reduce the conversion price, exchange price, exercise or other purchase price below that in effect on the date hereof, and the terms of the number of shares of Common Stock issued or issuable therein are not amended, modified or changed after the date hereof to increase the number of shares of Common Stock issued or issuable above that in effect on the date hereof, by virtue of any amendment, modification or change to such Options or Convertible Securities or written agreements after the date hereof.

(viii)        “ Expiration Date ” means the date five (5) years from January 12, 2006 or, if such date falls on a Saturday, Sunday or other day on which banks are required or authorized to be closed in the City of New York or the State of New York or on which trading does not take place on the Principal Exchange or automated quotation system on which the Common Stock is traded (a “ Holiday ”), the next date that is not a Holiday.

(ix)           “ Issuance Date ” means the date hereof.

(xi)           “ Options ” means any rights, warrants or options to subscribe for or purchase Common Stock or Convertible Securities.

(xiii)         “ Other Securities Purchase Agreement ” means that certain Securities Purchase Agreement dated as of July 24, 2006, by and among the Company and each of the buyers party thereto, as the same may be amended, modified or supplemented from time to

time including, without limitation, by those certain Amendment Agreements, each dated as of October 31, 2007, by and between the Company and the buyer party thereto.

(xiv)        “ Person ” means an individual, a limited liability company, a partnership, a joint venture, a corporation, a trust, an unincorporated organization and a government or any department or agency thereof.

(xv)         “ PIN Financial Matter ” means the matter pending in the US District Court, Southern District of New York (06 CV 2779) against the Company by PIN Financial LLC claiming a commission for introduction to Cornell Capital Partners, LP, which has been aggressively denied and disputed by both the Company and Cornell Capital Partners, LP.

(xvi)        “ Securities Act ” means the Securities Act of 1933, as amended.

(xvii)       “ Senior Secured Convertible Notes ” means those certain Amended and Restated Notes and New Note as defined in and issued by the Company pursuant to the Other Securities Purchase Agreement.

(xviii)      “ Senior Secured Financing Documents ” means the Other Securities Purchase Agreement and each other agreement entered into by the parties thereto in connection with the transactions contemplated thereby, including without limitation the Amended and Restated Notes, the New Notes, the Amended and Restated Warrants, the New Warrants, the Amended and Restated Registration Rights Agreement, the Amended and Restated Pledge Agreement, the Amended and Restated Security Agreement, the Amended and Restated Barnico Guaranty, and the Amended and Restated Deeds of Trust as each such term is defined therein.

(xix)         “ Trading Day ” means a day on which the shares of Common Stock are quoted on the OTC or quoted or traded on Nasdaq Capital Market, New York Stock Exchange, American Stock Exchange or the Nasdaq National Market on which the shares of Common Stock are then quoted or listed; provided, that in the event that the shares of Common Stock are not listed or quoted, then Trading Day shall mean a Business Day.

(xx)          “ UOS Energy Matter ” means, the matter pending in the Superior Court of California, County of Los Angeles, West District (SC09064) against the Company and others by UOS Energy, LLC relating to the Company’s refusal to purchase certain tar sands leases in Utah in consideration of 1,000,000 shares of Common Stock.

(xxi)         “ Warrant ” means this Warrant and all Warrants issued in exchange, transfer or replacement thereof.

(xxii)        “ Warrant Exercise Price ” shall be $0.001 or as subsequently adjusted as provided in Section 8 hereof.

(xxiii)       “ Warrant Shares ” means the shares of Common Stock issuable at any time upon exercise of this Warrant.

(c)           Other Definitional Provisions.

(i)            Except as otherwise specified herein, all references herein (A) to the Company shall be deemed to include the Company’s successors and (B) to any applicable law defined or referred to herein shall be deemed references to such applicable law as the same may have been or may be amended or supplemented from time to time.

(ii)           When used in this Warrant, the words “ herein ”, “ hereof ”, and “ hereunder ” and words of similar import, shall refer to this Warrant as a whole and not to any provision of this Warrant, and the words “ Section ”, “ Schedule ” and “ Exhibit ” shall refer to Sections of, and Schedules and Exhibits to, this Warrant unless otherwise specified.

(iii)          Whenever the context so requires, the neuter gender includes the masculine or feminine, and the singular number includes the plural, and vice versa.

Section 2.               Exercise of Warrant

(a)           Subject to the terms and conditions hereof, this Warrant may be exercised by the holder hereof then registered on the books of the Company, pro rata as hereinafter provided, at any time on any Business Day on or after the opening of business on such Business Day, commencing with the first day after the date hereof, and prior to 11:59 P.M. Eastern Time on the Expiration Date (i) by delivery of a written notice, in the form of the subscription notice attached as Exhibit A hereto (the “ Exercise Notice ”), of such holder’s election to exercise this Warrant, which notice shall specify the number of Warrant Shares to be purchased, payment to the Company of an amount equal to the Warrant Exercise Price(s) applicable to the Warrant Shares being purchased, multiplied by the number of Warrant Shares (at the applicable Warrant Exercise Price) as to which this Warrant is being exercised (plus any applicable issue or transfer taxes) (the “ Aggregate Exercise Price” ) in cash or wire transfer of immediately available funds and the surrender of this Warrant (or an indemnification undertaking with respect to this Warrant in the case of its loss, theft or destruction) to a common carrier for overnight delivery to the Company as soon as practicable following such date (“ Cash Basis ”) or (ii) by delivering an Exercise Notice and in lieu of making payment of the Aggregate Exercise Price in cash or wire transfer, elect instead to receive upon such exercise the “Net Number” of shares of Common Stock determined according to the following formula (the “ Cashless Exercise ”):

For purposes of the foregoing formula:

A = the total number of Warrant Shares with respect to which this Warrant is then being exercised.

B = the Closing Bid Price of the Common Stock on the date of exercise of the Warrant.

C = the Warrant Exercise Price then in effect for the applicable Warrant Shares at the time of such exercise.

In the event of any exercise of the rights represented by this Warrant in compliance with this Section 2, the Company shall on or before the fifth (5 ^th ) Business Day following the date of receipt of the Exercise Notice, the Aggregate Exercise Price and this Warrant (or an indemnification undertaking with respect to this Warrant in the case of its loss, theft or destruction) and the receipt of the representations of the holder specified in Section 6 hereof, if requested by the Company (the “ Exercise Delivery Documents ”), and if the Common Stock is DTC eligible, credit such aggregate number of shares of Common Stock to which the holder shall be entitled to the holder’s or its designee’s balance account with The Depository Trust Company; provided, however, if the holder who submitted the Exercise Notice requested physical delivery of any or all of the Warrant Shares, or, if the Common Stock is not DTC eligible then the Company shall, on or before the fifth (5 ^th ) Business Day following receipt of the Exercise Delivery Documents, issue and surrender to a common carrier for overnight delivery to the address specified in the Exercise Notice, a certificate, registered in the name of the holder, for the number of shares of Common Stock to which the holder shall be entitled pursuant to such request. Upon delivery of the Exercise Notice and Aggregate Exercise Price referred to in clause (i) or (ii) above the holder of this Warrant shall be deemed for all corporate purposes to have become the holder of record of the Warrant Shares with respect to which this Warrant has been exercised. In the case of a dispute as to the determination of the Warrant Exercise Price, the Closing Bid Price or the arithmetic calculation of the Warrant Shares, the Company shall promptly issue to the holder the number of Warrant Shares that is not disputed and shall submit the disputed determinations or arithmetic calculations to the holder via facsimile within one (1) Business Day of receipt of the holder’s Exercise Notice.

(b)           If the holder and the Company are unable to agree upon the determination of the Warrant Exercise Price or arithmetic calculation of the Warrant Shares within one (1) day of such disputed determination or arithmetic calculation being submitted to the holder, then the Company shall immediately submit via facsimile (i) the disputed determination of the Warrant Exercise Price or the Closing Bid Price to an independent, reputable investment banking firm or (ii) the disputed arithmetic calculation of the Warrant Shares to its independent, outside accountant. The Company shall cause the investment banking firm or the accountant, as the case may be, to perform the determinations or calculations and notify the Company and the holder of the results no later than forty-eight (48) hours from the time it receives the disputed determinations or calculations. Such investment banking firm’s or accountant’s determination or calculation, as the case may be, shall be deemed conclusive absent manifest error.

(c)           Unless the rights represented by this Warrant shall have expired or shall have been fully exercised, the Company shall, as soon as practicable and in no event later than five (5) Business Days after any exercise and at its own expense, issue a new Warrant identical in all respects to this Warrant exercised except it shall represent rights to purchase the number of Warrant Shares purchasable immediately prior to such exercise under this Warrant exercised, less the number of Warrant Shares with respect to which such Warrant is exercised.

(d)           No fractional Warrant Shares are to be issued upon any pro rata exercise of this Warrant, but rather the number of Warrant Shares issued upon such exercise of this Warrant shall be rounded up or down to the nearest whole number.

(e)           If the Company or its Transfer Agent shall fail for any reason or for no reason to issue to the holder within ten (10) days of receipt of the Exercise Delivery Documents, a certificate for the number of Warrant Shares to which the holder is entitled or to credit the holder’s balance account with The Depository Trust Company for such number of Warrant Shares to which the holder is entitled upon the holder’s exercise of this Warrant, the Company shall, in addition to any other remedies under this Warrant or otherwise available to such holder, pay as additional damages in cash to such holder on each day the issuance of such certificate for Warrant Shares is not timely effected an amount equal to 0.025% of the product of (A) the sum of the number of Warrant Shares not issued to the holder on a timely basis and to which the holder is entitled, and (B) the Closing Bid Price of the Common Stock for the Trading Day immediately preceding the last possible date which the Company could have issued such Common Stock to the holder without violating this Section 2.

(f)            If within ten (10) days after the Company’s receipt of the Exercise Delivery Documents, the Company fails to deliver a new Warrant to the holder for the number of Warrant Shares to which such holder is entitled pursuant to Section 2 hereof, then, in addition to any other available remedies under this Warrant or the Placement Agent Agreement, or otherwise available to such holder, the Company shall pay as additional damages in cash to such holder on each day after such tenth (10 ^th ) day that such delivery of such new Warrant is not timely effected in an amount equal to 0.25% of the product of (A) the number of Warrant Shares represented by the portion of this Warrant which is not being exercised and (B) the Closing Bid Price of the Common Stock for the Trading Day immediately preceding the last possible date which the Company could have issued such Warrant to the holder without violating this Section 2.

Section 3.               Covenants as to Common Stock . The Company hereby covenants and agrees as follows:

(a)           This Warrant is, and any Warrants issued in substitution for or replacement of this Warrant will upon issuance be, duly authorized and validly issued.

(b)           All Warrant Shares which may be issued upon the exercise of the rights represented by this Warrant will, upon issuance, be validly issued, fully paid and nonassessable and free from all taxes, liens and charges with respect to the issue thereof.

(c)           During the period within which the rights represented by this Warrant may be exercised, the Company will at all times have authorized and reserved at least one hundred percent (100%) of the number of shares of Common Stock needed to provide for the exercise of the rights then represented by this Warrant and the par value of said shares will at all times be less than or equal to the applicable Warrant Exercise Price. If at any time the Company does not have a sufficient number of shares of Common Stock authorized and available, then the

Company shall call and hold a special meeting of its stockholders within sixty (60) days of that time for the sole purpose of increasing the number of authorized shares of Common Stock.

(d)           The Company shall so list on each national securities exchange or automated quotation system, as the case may be, and shall maintain such listing of, and other shares of capital stock of the Company issuable upon the exercise of this Warrant if and so long as any shares of the same class shall be listed on such national securities exchange or automated quotation system.

(e)           The Company will not, by amendment of its Articles of Incorporation or through any reorganization, transfer of assets, cons