December 29, 2011



Dejour Energy (Alberta) Ltd.

c/o Dejour Energy Inc.

#598 – 999 Canada Place

Vancouver, BC, V6C 3E1



|ATTENTION: | Mr. Mathew Wong         | Mr. Hal Blacker        
|---------- | ----------------------- | -----------------------
|           | Chief Financial Officer | Chief Operating Officer



Dear Sir:



| | RE: | CREDIT FACILITIES - CANADIAN
                                                                  WESTERN BANK / DEJOUR ENERGY (ALBERTA) LTD.
| | --- | ------------------------------------------------------------------------------------------------------------------------------------------



We are pleased to advise that Canadian
Western Bank has renewed the Credit Facilities for Dejour Energy (Alberta) Ltd., subject to the terms and conditions of the accepted
Commitment Letter dated August 3, 2011, as amended November 9, 2011, which terms and conditions will remain in full force and effect,
as amended below.



|BORROWER:  |  | DEJOUR ENERGY (ALBERTA) LTD.(the “Borrower”).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|---------- |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|           |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|GUARANTOR: |  | DEJOUR ENERGY INC.(the “Guarantor”).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|           |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|           |  | The Borrower and the Guarantor are collectively referred to as “Loan Parties”, and each, a “Loan Party”.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
|           |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|LENDER:    |  | CANADIAN WESTERN BANK(the “Bank”).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|           |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|           |  | FOR ALL CREDIT FACILITIES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|           |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|SECURITY:  |  | The following security (the “Additional Security”) shall be completed, duly executed, delivered, perfected and registered, where necessary, to the entire satisfaction of the Bank and its counsel, and shall form part of the Security.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
|           |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|           |  | 1.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|           |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|           |  | 2.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|           |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|           |  | The Existing Security and Additional Security (together
    the “Security”) to be perfected/registered, at a minimum, in the Province of Alberta, in a first priority
    position, subject only to Permitted Encumbrances. All present and future Security shall be held by the Bank as continuing
    security for all present and future debts, obligations and liabilities (whether direct or indirect, absolute or contingent)
    of the Borrower to the Bank including without limitation for the repayment of all loans and advances made herein and for other
    loans and advances that may be made from time to time in the future whether herein or otherwise. The Security shall be in
    form and substance satisfactory to the Bank and its counsel.















|CONDITIONSPRECEDENT: |  | The Borrower shall have provided, executed or satisfied the following, to the Bank’s satisfaction:                                                                                                                                                                                                                                                                                                                                                                                                                
|-------------------- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|                     |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|                     |  | 1.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|                     |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|                     |  | 2.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|                     |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|                     |  | 3.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|                     |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|                     |  | 4.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|                     |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|                     |  | 5.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|                     |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|                     |  | The above conditions are inserted for the sole benefit of the Bank, and may be waived by the Bank in whole or in part (with or without terms or conditions) in respect of any particular Advance, provided that any waiver shall not be binding unless given in writing and shall not derogate from the right of the Bank to insist on the satisfaction of any condition not expressly waived in writing or to insist on the satisfaction of any condition waived in writing which may be requested in the future.
|                     |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|REVIEW:              |  | The next annual Review is scheduled on or before May 1, 2012, but either may be set at an earlier or later date at the sole discretion of the Bank.                                                                                                                                                                                                                                                                                                                                                               
|                     |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|EXPIRY DATE:         |  | This Amending Commitment Letter is open for acceptance until January 5, 2012 at which time it shall expire unless extended by mutual consent in writing. We reserve the right to cancel this Amending Commitment Letter at any time prior to acceptance.                                                                                                                                                                                                                                                          



If the foregoing terms and conditions are
acceptable, please sign two copies of this Amending Commitment Letter and return one copy to the Bank by the Expiry Date. This
Amending Commitment Letter may be executed in any number of counterparts and delivered by facsimile or other electronic copy, each
of which when executed and delivered shall be deemed to be an original, and such counterparts together shall constitute one and
the same agreement.



(intentionally left blank)



2







Canadian Western Bank appreciates the opportunity
of providing this Amending Commitment Letter to Dejour Energy (Alberta) Ltd. We look forward to our continuing and mutually beneficial
relationship.



Yours truly,



CANADIAN WESTERN BANK



|/s/ Terri Jardine    |  | /s/ Timothy D. Bacon
|-------------------- |  | --------------------
|Terri Jardine        |  | Timothy D. Bacon    
|Account Manager,     |  | AVP,                
|Energy Lending Group |  | Energy Lending Group



AGREED AND ACCEPTED this _____
day of _____________, 201__.



DEJOUR ENERGY (ALBERTA) LTD.



|Per:   | /s/ Mathew Wong |  | Per:   | /s/ Robert Hodgkinson
|------ | --------------- |  | ------ | ---------------------
|Name:  | Mathew Wong     |  | Name:  | Robert Hodgkinson    
|Title: | CFO             |  | Title: | CEO                  



DEJOUR ENERGY INC., as Guarantor



|Per:   | /s/ Mathew Wong |  | Per:   | /s/ Robert Hodgkinson
|------ | --------------- |  | ------ | ---------------------
|Name:  | Mathew Wong     |  | Name:  | Robert Hodgkinson    
|Title: | CFO             |  | Title: | CEO                  



3







APPENDIX A



|CREDIT:         |  | Terri Jardine,                      |  | Timothy D. Bacon            |  |                             
|--------------- |  | ----------------------------------- |  | --------------------------- |  | ----------------------------
|                |  | Account Manager,                    |  | AVP,                        |  |                             
|                |  | Energy Lending Group                |  | Energy Lending Group        |  |                             
|                |  |                                     |  |                             |  |                             
|                |  | Direct: (403) 268-7847              |  | Direct: (403) 750-3579      |  |                             
|                |  | Cell: (403) 703-6543                |  | Cell: (403) 701-8492        |  |                             
|                |  | Facsimile: (403) 264-1619           |  | Facsimile: (403) 264-1619   |  |                             
|                |  | Email: Terri.Jardine@cwbank.com     |  | Email: Tim.Bacon@cwbank.com
|                |  |                                     |  |                             |  |                             
|ADMINISTRATION: |  | L/C/Gs; MasterCard; Loan / Account  |  | Account Representative:     |  | Angeline Wester             
|                |  | Balances; Payments; Bank Drafts;    |  | Telephone:                  |  | (403) 750-3587              
|                |  | Bank Confirmations; General         |  | Facsimile:                  |  | (403) 262-4899              
|                |  |                                     |  | E-mail:                     |  | Angeline.Wester@cwbank.com  
|                |  |                                     |  |                             |  |                             
|                |  |                                     |  | Account Representative:     |  | Mayra Mercado O’Brien       
|                |  |                                     |  | Telephone:                  |  | (403) 750-3583              
|                |  |                                     |  | Facsimile:                  |  | (403) 262-4899              
|                |  |                                     |  | E-mail:                     |  | Mayra.Mercado@cwbank.com    
|                |  |                                     |  |                             |  |                             
|BRANCH:         |  | Calgary Main Branch                 |  | Telephone:                  |  | (403) 262-8700              
|                |  | #100, 606 – 4 Street SW             |  | Facsimile:                  |  | (403) 262-4899              
|                |  | T2P 1T1                             |  |                             |  |                             
|                |  |                                     |  |                             |  |                             
|BUSINESS        |  | Order Cheques; Current Account      |  | Account Representative:     |  | Phil Seminoff               
|ACCOUNTS        |  | Documents/ Operations; Signing      |  | Telephone:                  |  | (403) 268-7844              
|                |  | Authorities; Rates; Investments;    |  | Facsimile:                  |  | (403) 750-4899              
|                |  | Customer Automated Funds Transfer   |  | E-mail                      |  | Philip.Seminoff@cwbank.com  
|                |  | (CAFT)                              |  |                             |  |                             
|                |  |                                     |  |                             |  |                             
|INTERNET        |  | Loan/Account Balances; Traces; Stop |  | Website:                    |  | www.CWBANK.com              
|BANKING         |  | Payments, List of Current Account   |  |                             |  |                             
|                |  | Transactions; Pay Bills; Transfer   |  |                             |  |                             
|                |  | Between Accounts; Exchange Rates    |  |                             |  |                             
|                |  | Quotes                              |  |                             |  |                             
|                |  |                                     |  |                             |  |                             
|OTHER:          |  | Personal/ Retail Banking            |  | Manager:                    |  | William Lee                 
|                |  |                                     |  | Telephone:                  |  | (403) 268-7842              
|                |  |                                     |  | Facsimile:                  |  | (403) 262-4899              
|                |  |                                     |  | E-mail:                     |  | William.Lee@cwbank.com      
|                |  |                                     |  |                             |  |                             
|VALIANT TRUST:  |  | Corporate Trust Services; Stock     |  | Website:                    |  | www.VALIANTTRUST.com        
|                |  | Transfer Agent; Employee Incentive  |  | Contact:                    |  | Michael Fox                 
|                |  | Plans                               |  |                             |  | Managing Director,          
|                |  |                                     |  |                             |  | Business Development        
|                |  |                                     |  | Telephone:                  |  | (416)360-1015               
|                |  |                                     |  | Facsimile:                  |  | (416) 668-6062              
|                |  |                                     |  | E-mail:                     |  | (416) 360-1646              
|                |  |                                     |  |                             |  | Michael.Fox@valianttrust.com





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