EXHIBIT 10.18
February 24, 2010
Mr.JamesC.Einarsen,Manager
VikingExploration,LLC
6475WestKingsleyAve.
Littleton,CO80128
RE: Amendmentofthe
Optionto PurchaseOkieDraw&
SouthOkieProspects,
NatronaCounty,Wyoming
Dear Mr. Einarsen, Manager:
YouhaveadvisedEmpireon this datethat the transfer of certainleasescovering Viking's interest in the S/2 and S/2NW/4 Section 14 (W-0323746), the N/2SE/4 and SE/4SE/4 Section15 (W-36587) and the W/2NE/4Section23 (W-0323746)all in Twp 37N, Rge 85W, Natrona County, Wyoming, is not possible at this time due to certain corporate assignments that werenotmade when Viking converted from a standard corporationto anLLC company.
Youhave stated thissituationcanbecorrected,but it mighttake at least four(4) months. Since the 40 acres described as the SE/4SW/4 Section 14 is critical to this prospectwe are prepared to pay one half ($17,500)of the option priceof $35,000 now and pay the balance of $17,500 when therecordableassignments tothe above described leases can be made. If the recordable assignments have not been received by June 1, 2010, for eachsucceeding month the assignments are not received by Empire the $17,500 remaining payment willbe reduced by$5,000 per month.
If this agreement meets with your understanding and approval please sign and fax onecopyto Empire at (918)488-1530.
Yoursverytruly,
/s/ A. E. Whitehead
A. E. Whitehead
AEW/gs
Agreed to this24thday ofFebruary, 2010
VIKING EXPLORATION, LLC
By: /a/ James C. Einarsen
James C. Einarsen, Manager
