November 18, 2004
Mr. Xxxxxxx Xxxxxxx
President
CLK Energy, Inc.
0000 Xxxxxxx Xx.
0xx. Floor
New Orleans, LA 70112
Re: Bayou Choctaw Field - West Baton Rouge and Iberville Parishes, Louisiana
Dear Xxxx:
This letter is to evidence the agreement by and between CLK Energy, Inc., a
Delaware corporation ("CLK"), and VTEX Energy, Inc., a Nevada corporation
("VTEX"), with respect to those certain working interests (an undivided 67%
interest in certain leases with an undivided 33% interest in certain leases
insofar as they cover a certain tract of land) in the Bayou Choctaw Field,
located in the Parishes of Iberville and West Baton Rouge, Louisiana, acquired
by CLK pursuant to that certain Purchase and Sale Agreement ("PSA") dated
effective as of 11:59 p.m. (CDT) on June 30, 2004 (the "Effective Time") by and
between CLK, as Buyer, and Icon Oil U.S., LLC ("Icon"), Bligh Petroleum, Inc.
and Bligh PNG Limited ("Bligh PNG") The entirety of the interests acquired by
CLK pursuant to the PSA are hereinafter referred to as "Bayou Choctaw".
The letter dated July 13, 2004 between CLK and VTEX as amended is hereby amended
by removing the date "November 19, 2004" as it appears in the paragraph numbered
1. and replacing it with the date of "November 30, 2004". Except as amended
hereby and as previously amended, the letter dated July 13, 2004 is confirmed
and ratified and in full force and effect.
Very truly yours,
VTEX Energy, Inc.
/S/ Xxxxxxx Xxxxx
-----------------
By: Xxxxxxx Xxxxx
Its:President
Accepted and Agreed to this 18th day of November, 2004:
CLK Energy, Inc.
/S/ X. X. Xxxxxxx
-----------------
By: X. X. Xxxxxxx
Its:President
