EXHIBIT 10.1

                            OPTION PURCHASE AGREEMENT
     (OPTION TO ACQUIRE OIL AND GAS LEASES IN JEFFERSON COUNTY, MISSISSIPPI)


                           American Exploration Corp.
                            Suite 700, 407 2nd St. SW
                            Calgary, Alberta T2P 2Y3

                                       AND

                               Westrock Land Corp.
                                5050 Quorum Drive
                                    Suite 700
                               Dallas, Texas 75254


It is  understood  that  American  Exploration  Corp.,  and/or  its  affiliates,
(hereinafter  referred  to as  "American")  wish to  acquire  5,000 net acres in
mineral  oil and gas leases in the lands  located in  Jefferson  County,  in the
State of  Mississippi,  (hereinafter  referred to as the "Acquired  Properties")
from Westrock Land Corp.,  (hereinafter  referred to as  "Westrock").  It is has
been agreed to by Westrock and American that the Original Option  Agreement (the
"Agreement") of November 3, 2008, except for the revisions contained within this
Option/Purchase  Agreement,  will  remain  in effect  and all  other  conditions
contained  within the Original  Agreement dated November 3, 2008 will remain the
same.

American and Westrock have agreed to the following:

     1.   PURCHASE  PRICE.  The  original  agreed  upon  purchase  price  of the
          Acquired  Properties  between  Westrock and  American  was  $3,125,000
          (three million one hundred and  twenty-five  thousand  dollars) in the
          original  Option  Agreement  dated  November  3,  2008  (Appendix  A).
          Westrock to date has received  from American  $1,106,250  (one million
          one hundred and six thousand two hundred and fifty  dollars).  Balance
          owing by American to Westrock is $2,018,750  (two million and eighteen
          thousand seven hundred and fifty dollars).

          Westrock has agreed to accept common stock of American in exchange for
          the balance  owing of $2,018,  750. The price of the  American  common
          stock  will be issued at $0.50  (fifty  cents)  per  share.  The total
          number of common shares to be issued to Westrock from American will be
          4,037,500  (four million  thirty-seven  thousand five hundred)  common
          shares.  The common  shares are to be issued to Westrock no later than
          August 31, 2009.


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     2.   DRILLING  OBLIGATION.  American Agrees to drill and complete a minimum
          of at least one well on the  Acquired  properties  to the  Haynesville
          geological zone no later than December 31, 2010.

     3.   DEFAULT.  In  case  of  any  default  under  Sections  1 or 2 of  this
          Option/Purchase  Agreement by American,  in addition to the removal of
          American from the Acquired  Properties,  American shall  automatically
          forfeit and transfer all rights under this  Option/Purchase  Agreement
          including but not limited to the Acquired Properties to Westrock,  and
          Westrock shall retain whatever  payments may have been made under this
          Option/Purchase  Agreement and any and all improvements that have been
          made to said Acquired Properties.

     4.   TRANSFERS/ASSIGNMENT.  Westrock will transfer/assign title on Acquired
          Properties upon receipt of common shares as per Section 1.

     5.   EFFECTIVE  DATE,  CLOSING.  The parties will use their best efforts to
          close no later than August 31, 2009.


     AGREED TO AND ACCEPTED THIS 19TH DAY OF AUGUST, 2009

     AMERICAN EXPLORATION CORP.


     By:  /s/ STEVEN HARDING
     ________________________________

     Steve Harding, CEO


     WESTROCK LAND CORP.


     By:  /s/ GARY POWERS
     ________________________________

     Gary Powers, President