November 18, 2004

Mr. Richard Gardner
President
CLK Energy, Inc.
1615 Poydras St.
5th. Floor
New Orleans, LA 70112

Re:  Bayou Choctaw Field - West Baton Rouge and Iberville Parishes, Louisiana

Dear Rick:

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/ Stephen Noser
- -----------------

By: Stephen Noser
Its:President


                        Accepted and Agreed to this 18th day of November, 2004:

                                            CLK Energy, Inc.

                                            /S/ R. L. Gardner
                                            -----------------
                                            By: R. L. Gardner
                                            Its:President