Document:

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                                                                    EXHIBIT 10.1

                                 FIRST AMENDMENT

                                       TO

                                CREDIT AGREEMENT

                          DATED AS OF OCTOBER 15, 2003

                                      AMONG

                         WESTPORT RESOURCES CORPORATION,
                                  AS BORROWER,

                                 THE GUARANTORS,

                              JPMORGAN CHASE BANK,
                            AS ADMINISTRATIVE AGENT,

                                       AND

                            THE LENDERS PARTY HERETO

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                       FIRST AMENDMENT TO CREDIT AGREEMENT

         THIS FIRST AMENDMENT TO CREDIT AGREEMENT (this "First Amendment") dated
as of October 15, 2003, is among Westport Resources Corporation, a Nevada
corporation (the "Borrower"); each of the undersigned guarantors (the
"Guarantors", and together with the Borrower, the "Obligors"); each of the
lenders that is a signatory hereto (collectively, the "Lenders"); and JPMorgan
Chase Bank, as administrative agent for the Lenders (in such capacity, together
with its successors in such capacity, the "Administrative Agent").

                                 R E C I T A L S

         A.       The Borrower, the Agents and the Lenders are parties to that
certain Credit Agreement dated as of December 17, 2002 (the "Credit Agreement"),
pursuant to which the Lenders have made certain credit available to and on
behalf of the Borrower.

         B.       The Borrower has requested and the Lenders have agreed to
amend certain sections of the Credit Agreement.

         C.       NOW, THEREFORE, for good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties hereto
agree as follows:

         Section 1.        Defined Terms. Each capitalized term which is defined
in the Credit Agreement, but which is not defined in this First Amendment, shall
have the meaning ascribed such term in the Credit Agreement. Unless otherwise
indicated, all section references in this First Amendment refer to the Credit
Agreement.

         Section 2.        Amendments to Credit Agreement.

         2.1      Amendments to Section 1.1.

                  (a)      The definition of "Agreement" is hereby amended to
         read as follows:

                           "Agreement": this Credit Agreement, as amended by the
                  First Amendment, and as the same may from time to time be
                  amended, modified, supplemented or restated.

                  (b)      The definition of "First Amendment" is hereby added
         where alphabetically appropriate to read as follows:

                           "First Amendment": that certain First Amendment to
                  Credit Agreement dated as of October 15, 2003 among the
                  Borrower, the Guarantors, the Administrative Agent and the
                  Lenders.

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         2.2      Deletion of L/C Sublimit. The first paragraph of subsection
3.1(a) is hereby amended by its entirety to read as follows:

                  (a)      Subject to the terms and conditions hereof, the
         Issuing Bank, in reliance on the agreements of the other Lenders set
         forth in subsection 3.4, agrees to issue letters of credit ("Letters of
         Credit") for the account of the Borrower or any Restricted Subsidiary
         on any Business Day during the Commitment Period in such form as may be
         approved from time to time by the Issuing Bank; provided that the
         Issuing Bank shall not issue any Letter of Credit if, after giving
         effect to such issuance and after giving effect to any Loans requested
         to be made or Letters of Credit requested to be issued on such date,
         the sum of the Loans and Letter of Credit Outstandings would exceed (A)
         if the Borrowing Base is in effect on the date such Letter of Credit is
         to be issued, the lesser of (x) the Aggregate Commitments and (y) the
         Borrowing Base then in effect or (B) if the Borrowing Base is not in
         effect on the date such Letter of Credit is to be issued, the Aggregate
         Commitments.

         2.3      Deletion of Subsection 7.14(d). Subsection 7.14 is hereby
amended by its entirety to read as follows:

                  7.14 Mortgaged Properties. If at any time after the Closing
         Date (a) the Borrower creates, issues, assumes, or suffers to exists
         any Indebtedness (other than Indebtedness permitted under subsections
         8.2(a), 8.2(e), 8.2(f), 8.2(g) and 8.2(k) or under subsection 8.2(d),
         to the extent such Guarantee Obligation relates to Indebtedness under
         any of the foregoing subsections) that is not contractually
         subordinated in right of payment to the obligations of the Borrower
         under this Agreement on terms substantially similar to the 01 Senior
         Subordinated Notes or otherwise reasonably acceptable to the
         Administrative Agent, (b) the Borrower or any Restricted Subsidiary
         posts cash or other collateral (other than cash and Cash Equivalents in
         an aggregate amount not to exceed $20,000,000 at any one time
         outstanding, and, for avoidance of doubt, Letters of Credit issued
         under this Agreement) to secure any Indebtedness of the type described
         under subsections 8.2(f) or 8.2(g), whether or not permitted by
         subsection 8.3 or (c) the Borrower's senior unsecured long-term debt
         rating is BB- or less from S&P (or there is no rating) and Ba3 or less
         from Moody's (or there is no rating), then the Borrower shall, and
         shall cause each Guarantor to, grant to the Lenders a first priority,
         perfected Lien (subject only to certain Liens permitted under
         subsection 8.3, as more fully described below) on Oil and Gas
         Properties and related assets of the Borrower and the Guarantors
         comprising not less than 75% of the total value of the Oil and Gas
         Properties evaluated in the Reserve Report most recently delivered to
         the Agents. Within 30 days after the occurrence of either of (a), (b)
         or (c) above, the Borrower will deliver, or cause such Guarantor to
         deliver, a mortgage in substantially the form of Exhibit C together
         with any reasonable changes suggested by local counsel for each Oil and
         Gas Property and their related assets (each a "Mortgage"), which shall
         be sufficient to subject such Oil and Gas Properties and other assets
         to a first priority, perfected Lien (Liens of the type described in
         subsections 8.3(a), 8.3(b), 8.3(c), 8.3(d), 8.3(f), 8.3(g), 8.3(h),
         8.3(m) and 8.3(p), however, shall be permitted) in accordance with this
         subsection 7.14 (each such Property, a "Mortgaged Property"), which
         documentation shall be reasonably satisfactory to the

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         Administrative Agent and its counsel. Such mortgages and documentation
         will be accompanied with legal opinions from local counsel,
         substantially in the form of Exhibit C-1, and Borrower's counsel
         regarding such additional matters as the Administrative Agent may
         reasonably request, and other documentation as the Administrative Agent
         may reasonably request. For purposes of subsections 7.14 and 7.15, the
         "total value of Oil and Gas Properties" shall mean the calculation of
         the present value of future cash flows from Proved Reserves utilizing
         Administrative Agent's usual and customary pricing for oil and natural
         gas collateral as in effect from time to time based upon the most
         recently delivered Reserve Report.

         2.4      Increase of Lien Basket for Hedging. Subsection 8.3(k) is
hereby amended by its entirety to read as follows:

                  (k) Liens on cash and Cash Equivalents in an aggregate amount
         not to exceed $20,000,000 at any one time outstanding securing
         obligations under Hedging Agreements, and, for avoidance of doubt, the
         issuance and deposit of Letters of Credit issued under this Agreement
         in order to secure obligations arising under Hedging Agreements;

         Section 3.        Conditions Precedent. The effectiveness of this First
Amendment is subject to the receipt by the Administrative Agent of the following
documents and satisfaction of the other conditions specified in this Section 3:

         3.1      Counterparts of First Amendment. The Administrative Agent
shall have received from the Required Lenders, the Borrower and each Guarantor,
counterparts (in such number as may be reasonably requested by the
Administrative Agent) of this First Amendment signed on behalf of such Person.

         3.2      No Default. No Default shall have occurred and be continuing
as of the date hereof, after giving effect to the terms of this First Amendment.

         Section 4.        Miscellaneous.

         4.1      Confirmation. The provisions of the Credit Agreement, as
modified by this First Amendment, shall remain in full force and effect
following the effectiveness of this First Amendment.

         4.2      Ratification and Affirmation; Representations and Warranties.
Each Obligor hereby (a) acknowledges the terms of this First Amendment; (b)
ratifies and affirms its obligations under, and acknowledges, renews and extends
its continued liability under, each Loan Document to which it is a party and
agrees that each Loan Document to which it is a party remains in full force and
effect, except as expressly modified hereby, notwithstanding the modifications
contained herein; and (c) represents and warrants to the Lenders that as of the
date hereof, after giving effect to the terms of this First Amendment: (i) all
of the representations and warranties contained in each Loan Document to which
it is a party are true and correct, except (A) as modified by this First
Amendment and (B) to the extent any such representations and

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warranties are expressly limited to an earlier date, in which case, such
representations and warranties shall continue to be true and correct as of such
specified earlier date and (ii) no Default has occurred and is continuing.

         4.3      Loan Document. This First Amendment is a "Loan Document" as
defined and described in the Credit Agreement and all of the terms and
provisions of the Credit Agreement relating to Loan Documents shall apply
hereto.

         4.4      Counterparts. This First Amendment may be executed by one or
more of the parties hereto in any number of separate counterparts, and all of
such counterparts taken together shall be deemed to constitute one and the same
instrument. Delivery of this First Amendment by facsimile transmission shall be
effective as delivery of a manually executed counterpart hereof.

         4.5      Integration. This First Amendment, the Credit Agreement and
the other Loan Documents represent the agreement of the Borrower, the other Loan
Parties, the Agents and the Lenders with respect to the subject matter hereof,
and there are no promises, undertakings, representations or warranties by any
Agent or any Lender relative to the subject matter hereof not expressly set
forth or referred to herein or in the other Loan Documents.

         4.6      GOVERNING LAW. THIS FIRST AMENDMENT AND THE RIGHTS AND
OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND CONSTRUED AND
INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

                          [SIGNATURES BEGIN NEXT PAGE]

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         IN WITNESS WHEREOF, the parties hereto have caused this First Amendment
to be duly executed as of the date first written above.

BORROWER:                        WESTPORT RESOURCES CORPORATION

                                 By:   /s/ LON MCCAIN
                                       Lon McCain, Vice President, Treasurer and
                                       Chief Financial Officer

                                      S-1

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GUARANTORS:                    WESTPORT FINANCE CO.

                               By:  /s/ LON MCCAIN
                                    Lon McCain, Treasurer

                               WHL, INC.

                               By:  /s/ LON MCCAIN
                                    Lon McCain, Vice President, Treasurer and
                                    Chief Financial Officer

                               WHG, INC.

                               By:  /s/ LON MCCAIN
                                    Lon McCain, Vice President, Treasurer and
                                    Chief Financial Officer

                               WESTPORT OIL AND GAS COMPANY, L.P.
                                 by WHG, Inc., its sole general partner

                               By:  /s/ LON MCCAIN
                                    Lon McCain, Vice President, Treasurer and
                                    Chief Financial Officer

                               WESTPORT CANADA LLC
                                 by Westport Oil and Gas Company, L.P.,
                                 its sole member, a Delaware limited partnership
                                 by WHG, Inc. its sole general partner

                               By:  /s/ LON MCCAIN
                                    Lon McCain, Vice President, Treasurer
                                    and Chief Financial Officer

                                      S-2

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                               JERRY CHAMBERS EXPLORATION COMPANY
                                 by Westport Oil and Gas Company, L.P.,
                                  its managing partner, a Delaware limited
                                   partnership
                                    by WHG, Inc. its general partner

                                    By:  /s/ LON MCCAIN
                                         Lon McCain, Vice President, Treasurer
                                         and Chief Financial Officer

                               WESTPORT ARGENTINA LLC
                                 by Westport Oil and Gas Company, L.P., its sole
                                  member, a Delaware limited partnership
                                   by WHG, Inc. its general partner

                                    By:  /s/ LON MCCAIN
                                        Lon McCain, Vice President, Treasurer
                                        and Chief Financial Officer

                               WESTPORT OVERRIDING ROYALTY LLC
                                by Westport Oil and Gas Company, L.P.,
                                 its sole member and manager, a Delaware
                                 limited partnership
                                  by WHG, Inc. its sole general partner

                                    By:  /s/ LON MCCAIN
                                        Lon McCain, Vice President, Treasurer
                                        and Chief Financial Officer

                                      S-3

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                              HORSE CREEK TRADING & COMPRESSION LLC

                               by Westport Oil and Gas Company, L.P.,
                                its sole member and manager,
                                 a Delaware limited partnership
                                 by WHG, Inc. its sole general partner

                                 By:   /s/ LON MCCAIN
                                       Lon McCain, Vice President, Treasurer
                                       and Chief Financial Officer

                              WESTPORT FIELD SERVICES, LLC
                               by Westport Resources Corporation,
                                its sole member and manager

                                 By:   /s/ LON MCCAIN
                                       Lon McCain, Vice President, Treasurer and
                                       Chief Financial Officer

                                      S-4

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ADMINISTRATIVE AGENT:                  JPMORGAN CHASE BANK, as a Lender and as
                                       Administrative Agent

                                       By:     /s/ RUSSELL A. JOHNSON
                                       Name:   Russell A. Johnson
                                       Title:  Vice President

                                      S-5

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LENDERS:                             CREDIT SUISSE FIRST BOSTON, CAYMAN
                                     ISLAND BRANCH

                                     By:     /s/ BRIAN T. CALDWELL
                                             --------------------------------
                                     Name:   Brian T. Caldwell
                                     Title:  Director

                                     By:     /s/ DAVID J. DODD
                                             --------------------------------
                                     Name:   David J. Dodd
                                     Title:  Associate

                                      S-6

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                                     FLEET NATIONAL BANK

                                     By:     /s/ JEFFREY H. RATHKAMP
                                             --------------------------------
                                     Name:   Jeffrey H. Rathkamp
                                     Title:  Director

                                      S-7

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                                     FORTIS CAPITAL CORP.

                                     By: ___________________________________
                                     Name:
                                     Title:

                                     By: ___________________________________
                                     Name:
                                     Title:

                                      S-8

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                                     U.S. BANK NATIONAL ASSOCIATION

                                     By:     /s/ KATHRYN A. GAITER
                                             --------------------------------
                                     Name:   Kathryn A. Gaiter
                                     Title:  Vice President

                                      S-9

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                                     WACHOVIA BANK, NATIONAL
                                     ASSOCIATION

                                     By:     /s/ PHILIP TRINDER
                                             --------------------------------
                                     Name:   Philip Trinder
                                     Title:  Vice President

                                      S-10

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                                     BMO NESBITT BURNS FINANCING, INC.

                                     By:     /s/ JAMES V. DUCOTE
                                             --------------------------------
                                     Name:   James V. Ducote
                                     Title:  Director

                                      S-11

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                                     WELLS FARGO BANK, N.A.

                                     By:     /s/ LAURA BUMGARNER
                                             --------------------------------
                                     Name:   Laura Bumgarner
                                     Title:  Relationship Manager

                                      S-12

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                                     UNION BANK OF CALIFORNIA, N.A.

                                     By:     /s/ SEAN MURPHY
                                             --------------------------------
                                     Name:   Sean Murphy
                                     Title:  Vice President

                                      S-13

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                                     BANK OF AMERICA, N.A.

                                     By:     /s/ STEVEN A. MACKENZIE
                                             --------------------------------
                                     Name:   Steven A. Mackenzie
                                     Title:  Vice President

                                      S-14

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                                     THE BANK OF NEW YORK

                                     By:     /s/ PETER W. KELLER
                                             --------------------------------
                                     Name:   Peter W. Keller
                                     Title:  Vice President

                                      S-15

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                                     COMERICA BANK, SUCCESSOR BY MERGER
                                     WITH COMERICA BANK - TEXAS

                                     By:     /s/ THOMAS G. RAJAN
                                             --------------------------------
                                     Name:   Thomas G. Rajan
                                     Title:  Vice President - Texas Division

                                      S-16

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                                     BANK OF SCOTLAND

                                     By:     /s/ JOSEPH FRATUS
                                             --------------------------------
                                     Name:   Joseph Fratus
                                     Title:  First Vice President

                                      S-17

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                                     NATEXIS BANQUES POPULAIRES

                                     By:     /s/ DONOVAN C. BROUSSARD
                                             --------------------------------
                                     Name:   Donovan C. Broussard
                                     Title:  Vice President & Group Manager

                                     By:     /s/ LOUIS P. LAVILLE, III
                                             --------------------------------
                                     Name:   Louis P. Laville, III
                                     Title:  Vice President & Group Manager

                                      S-18

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                                     UFJ BANK

                                     By:     /s/ CLYDE L. REDFORD
                                             --------------------------------
                                     Name:   Clyde L. Redford
                                     Title:  Senior Vice President

                                      S-19

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                                     COMPASS BANK

                                     By: ___________________________________
                                     Name:
                                     Title:

                                      S-20exv10w1

 

     EXHIBIT 10.1

eXegenics INC.

September 9, 2003

VIA OVERNIGHT DELIVERY

Ronald L. Goode, Ph.D.

eXegenics Inc.

2110 Research Row

Dallas, Texas 75235

Dear Dr. Goode:

     Reference is made to the Employment Agreement dated as of March 21, 2001,
by and between you and eXegenics Inc. (the “Employment Agreement”).
Notwithstanding Section 3 of the Employment Agreement, and pursuant to Section
13.2 thereof, this letter will confirm that Section 3 of the Employment
Agreement is hereby amended and restated to read in its entirety as follows:

The employment of Executive by the Company hereunder (the EMPLOYMENT
PERIOD) shall commence on the date hereof and shall continue through and
including March 20, 2004, unless sooner terminated pursuant to the
provisions of this Agreement. The employment of Executive hereunder
shall be automatically renewed on a year-to-year basis on the same terms
and conditions as the preceding year, unless either party hereto, not
less than one hundred fifty (150) days prior to the end of the initial or
a renewal term hereof, serves notice on the other party of his or its
intention not to renew this Agreement for an additional one-year term.

     If you are in agreement with the foregoing, please so indicate by signing
in the space provided below.

	 	 	 	 	 
	 	 	Very truly yours,	 
	 	 	 	 	 
	 	 	eXegenics Inc.	 
	 	 	 	 	 
	 	 	By:	/s/ David Riggs	 
	 	 	 	
	 
	 	 	Name:	David Riggs	 
	 	 	Title:	Chief Financial Officer	 

Accepted and Agreed:

/s/ Ronald L. Goode

Ronald L. Goode, Ph.D.

Dated: September 9, 2003

	 	 	 
	cc:	 	
McCullough, Campbell & Lane
	 	 	
Suite 4100
	 	 	
205 North Michigan Avenue
	 	 	
Chicago, Illinois 60601
	 	 	
Attention: Carl D. Liggio, Sr.

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