AMENDMENT OF EXCLUSIVITY
AGREEMENT
This Amendment of Exclusivity Agreement (this
“Agreement”), is entered into, as of May 4, 2007, by
and between Black Sands Petroleum, Inc., a Nevada corporation with
offices at Suite 1250, 645 7th Avenue SW, Calgary, Alberta Canada
T2P 4G8 (“Blacksands”), and Access Energy Inc., a
corporation with offices at Suite 1405, 220 Bay Street, Toronto,
Ontario M5J 2W4 (“Access”).
Whereas, Blacksands and Access Energy Inc.
entered into an Exclusivity Agreement, dated November 10, 2006 (the
“Exclusivity Agreement”) where Access granted
Blacksands certain rights that will expire on March 10,
2007;
Whereas, Blacksands and Access extended the
exclusivity period until May 8, 2007 by an Amendment to the
Exclusivity Agreement, dated March 9, 2007;
Whereas, Blacksands and Access de