Document:

FINDERS
      FEE AGREEMENT

     

    THIS
      AGREEMENT dated
      for
      reference as of the 1st day of March, 2008.

     

    BETWEEN:

     

    Ameriwest
      Energy Corp. a
      company
      duly incorporated pursuant to the laws of the State
      of
      Nevada and having an office for business located at Suite 215 - 123 W.
      1st Street,
      Casper Wyoming 82601(the "Company") AND:

     

    Coast
      Advisors LLC
      a
      company duly incorporated pursuant to the laws of the Nevada and having an
      office for business located at Suite 3000 - 700 West Georgia Street, PO
Box
      10024, Vancouver, British Columbia, Canada V7Y 1A1 (the "Finder")

     

    WHEREAS:

     

    (l) The
      Company is offering unsecured convertible promissory notes (the "Placement").
      The unsecured promissory notes
      are
      convertible into common stock of Arneriwest Energy Corp at $0.60 per and have
      one non-transferable share purchase warrant attached. Each warrant is
      exercisable into one common share of the capital stock of the Company
      for a period of 2 years at an exercise price of US$0.60 per warrant in the
      first
      year and $0.90 per warrant in
      the
      second year;

     

    (2)  The
      Company is seeking persons to purchase the Placement from it and the Finder
      has
      represented to Company that
      it
      is acquainted with accredited investors (as defined below) to whom it can
      introduce the Company; and

     

    (3)  The
      Company wishes to compensate the Finder for its efforts in introducing to the
      Company Accredited Investors who
      purchase the Placement.

     

    NOW
      THEREFORE THIS AGREEMENT WITNESSES that
      in
      consideration of the premises and mutual covenants and
      agreements herein contained the parties hereto agree as follows:

     

    1.  For
      the
      purposes of this Agreement, the term "Accredited Investor" is defined as a
      natural person who meets the definition
      of Accredited Investor in Rule 501 of Regulation D of the United States
      Securities and Exchange Commission.

     

    2.  In
      consideration for introducing to the Company Accredited Investors who subscribe
      into the Placement, the Company
      will compensate the Finder with a cash finder's fee payment of 5% (the "Finder's
      Fee") of the aggregate cash
      proceeds of the Placement to Accredited Investors to whom the Finder has
      introduced the Company; and

     

    3.  This
      Agreement, and the payment by the Company of the Finder's Fee, will be subject
      to the approval of any such applicable securities regulatory authority which
      may
      have jurisdiction over this transaction.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    4.  The
      Company shall pay, upon closing of its offering of the Placement to Accredited
      Investors introduced to it by the
      Finder, the Finder's Fee.

     

    5.  The
      Company represents and warrants to the Finder that:

     

    	(a)  	
            it
              is a valid and subsisting corporation duly incorporated and
              in
              good standing under the laws of its jurisdiction
              of incorporation;
              its shares are listed on the OTC Bulletin Board (the "Exchange") and
              it is
              in good standing under the rules and
              policies of the Exchange and is not in breach of any of the requirements
              of its listing agreement;

          

     

    	(b)  	
            the
              issue and sale of the Placement by the Company does not and will not
              conflict with, and does not and will
              not result in a breach of, any of the terms of its incorporating documents
              or any agreement or instrument
              to which the Company is a party;

          

     

    	(c)  	
            this
              Agreement has been or will be by the closing of the issuance of the
              Placement, duly authorized by all necessary corporate action on the
              part
              of the Company;

          

     

    	(d)  	
            it
              will comply with all applicable rules and regulations of the US Securities
              and Exchange Commission including, without limiting the generality
              of the
              foregoing, Rule 505 and Rule 506 of Regulation D and the
              requirement to file a Form D thereunder;

          

     

    	(e)  	
            the
              Company is a "reporting issuer" under the British Columbia Securities
              Act
              and under the US Securities
              Act of 1933 and is not in default of any of the requirements of either
              of
              these acts or any of the administrative policies or notices of the
              Exchange or of the US Securities and Exchange Commission;
              and

          

     

    (f)  the
      Company has not advertised the Placement for sale to persons in the United
      States.

     

    6. The
      Finder acknowledges that:

     

    	(a)  	
            the
              Placement, and any securities underlying the Placement, have not been
              registered for resale in the United States
              and may not be resold to residents of the United States without such
              registration unless an exemption from
              such resale registration requirements is
              available;

          

     

    	(b)  	
            the
              decision to accept a potential investor as a shareholder in the Company
              is
              in the sole and absolute discretion
              of the Company and the Company may for any reason, refuse to accept
              any
              subscription for the Placement
              from a person introduced to it by the
              Finder;

          

     

    	(c)  	
            in
              the event that the Company does not accept a subscription for the
              Placement from a person introduced to it by
              the Finder, no Finder's Fee shall be payable for those Placements the
              subscription of which is refused;

          

     

    	(d)  	
            it's
              representation of the Company in introducing it to certain Accredited
              Investors is not an exclusive engagement
              such that the ability of the Company to locate other potential investors
              or purchasers of the Placement
              would be constrained in any way; and

          

     

    7. The
      Finder represents and warrants to the Company that:

     

    	(a)  	
            in
              connection with introduction to potential investors, it will comply
              with
              all applicable laws including, without
              limiting the generality of the foregoing, those rules and regulations
              set
              forth in Rule 505 and Rule 506 of
              Regulation D under the US Securities Act of 1933, as
              amended;

          

     

    	(b)  	
            it
              has all permits, licenses and registrations required to perform the
              services hereunder and is a valid and subsisting
              corporation in good standing in its jurisdiction of
              incorporation;

          

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    	(c)  	
            it
              has all corporate powers necessary to enter into this Agreement;
              and

          

     

    	(d)  	
            it
              will introduce to the Company only persons who are Accredited Investors
              as
              defined above;

          

     

    	(e)  	
            it
              will not advertise the Placement for sale in the United States or to
              residents of the United States as the term "resident" is defined in
              applicable US securities laws, rules and
              regulations;

          

     

    	(f)  	
            this
              Agreement has been or will be by the closing of the issuance of the
              Placement, duly authorized by all necessary
              corporate action on the part of the Finder:
              and

          

     

    	(g)  	
            it
              is aware that in the event the Finder's Fee is in excess of the maximum
              finder's fee permitted under the rules of
              the Exchange and, as a result, it
              is
              possible that the Exchange may, as a
              condition
              of regulatory approval of this
              Agreement, request that the finder's fee be reduced to conform to its
              rules.

          

     

    8. In
      the
      event that the Exchange, as a condition of regulatory approval of this
      Agreement, requires that the Finder's Fee
      be
      reduced, the Finder agrees to a reduction of the Finder's Fee to that level
      which will comply with the rules of
      the
      Exchange.

     

    9.  Any
      notice to be given under this Agreement shall be in writing and
      shall
      be
      delivered personally or mailed in British
      Columbia by registered mail, postage prepaid, and addressed to the parties
      at
      their addresses as given on the first
      page of this Agreement or at such other address as may from time to time be
      notified in writing by any of the parties.
      Any such notice shall be deemed to have been given if delivered by hand on
      the
      day delivered, and if mailed,
      five (5) business days following the date of posting; provided that if there
      shall be at the time of mailing or between
      the time of mailing and the fifth business day following the date of posting,
      a
      mail strike, slowdown or other
      labour dispute which might affect delivery of' such notice by mail, then such
      notice shall be effective only if actually
      delivered.

     

    10.  This
      Agreement may not be amended or otherwise modified except by an instrument
      in
      writing signed by both parties.

     

    11. The
      parties hereto shall
      execute such further and other documents and instruments and do such further
      and
      other things as
      may be
      necessary to implement and carry out the intent of this Agreement including,
      without limiting the generality
      of the foregoing, execution of any documents required by the policies of the
      Exchange in connection with
      obtaining Exchange approval of this Agreement.

     

    12.  This
      Agreement may not be assigned by either party hereto except with the prior
      written consent of the other party hereto.

     

    13.  This
      Agreement will be construed under and governed by the laws of the Province
      of
      British Columbia.

     

    14.  This
      Agreement represents the entire agreement between the parties hereto and
      supersedes any and all prior agreements
      and understandings, whether written or oral, between the parties.

     

    15.  This
      Agreement shall be binding upon and shall ensure to the benefit of the parties
      hereto and their respective heirs, executors,
      administrators, successors and permitted assigns.

     

    16.  This
      Agreement may be executed by facsimile and in counterparts.

     

    IN
      WITNESS WHEREOF the
      parties hereto have duly executed this Agreement as of the day and year first
      above written notwithstanding
      its actual date of execution.

    

      
        	
                Ameriwest
                  Energy Corp.

              	 	
                Coast
                  Advisors LLC

              
	 	 	 
	   
	 	   

	
                Per
                  Wlater Mersebat, PI-mulent

              	 	
                Per.
                  Mike Veldhuis, ManagerUnassociated Document

    FIRST
      AMENDMENT TO LETTER OF INTENT

     

    THIS
      AMENDMENT is
      dated
      and made effective this 14th
      day of
      March, 2008.

     

    BETWEEN: 

    AMERIWEST
      ENERGY CORP., a
      Nevada
      Corporation, having an address of 123 West 1st
      Street,
      Suite 215, Casper, Wyoming, USA, 82601

    

      (hereinafter
      referred to as “Ameriwest”) 

     

    AND:

    GEOCHEM
      EXPLORATION, LLC., a
      Wyoming
      limited liability company having an address at PO Box 356, Casper, Wyoming,
      USA,
      82602

    

    (hereinafter
      referred to as “Geochem”)

    

    

    WHEREAS
      the
      parties hereto entered into a Letter of Intent dated November 6, 2007 (the
      “LOI”) wherein Ameriwest was to acquire and Geochem was to sell to Ameriwest its
      100% Working Interest and its 80% Net Royalty Interest in and to the Skull
      Valley Properties (the “Interest” or the “Assets”), in exchange for the payment
      to Geochem of a total of US$400,000.00; 

    

    AND
      WHEREAS
      the
      parties wish to amend the terms of the Letter of Intent: 

     

    NOW,
      THEREFORE,
      in
      consideration of the premises, promises and covenants contained herein, the
      parties hereto agree as follows: 

    

    1. Amendment
      of Agreement

    

    (a) Paragraph
      2 of the LOI is hereby amended to read as follows:

    

    
      	 	
              “2.

            	
              Ameriwest
                will have until May
                15, 2008
                to
                conduct its due diligence as to the condition of and title to the
                Assets
                and prospect in general. The parties hereto agree that they will
                negotiate
                in good faith towards ensuring that the parties hereto enter into,
                on or
                before May
                15, 2008,
                a
                definitive agreement (the “Definitive Agreement”) containing substantially
                the same terms and provisions of this LOI. Upon execution of the
                Definitive Agreement, Ameriwest will pay Geochem the sum of US$100,000.
                Said payment will be fully earned and non-refundable as of the execution
                of the Definitive Agreement, but applicable to the purchase price
                to be
                paid by Ameriwest for the Assets.”

            

    

     

    (b) Paragraph
      3 of the LOI is hereby amended to read as follows:

     

    ”3. The
      Definitive Agreement shall provide for the following terms:

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	 	
              a.

            	
              the
                payment by Ameriwest to Geochem for the remaining purchase price,
                being
                the amount of US$200,000.00 (the “Payment”), is to be paid on or before
                May
                15, 2008;

            

    

     

    
      	 	
              b.

            	
              the
                Closing date of the Definitive Agreement will occur on or before
                May
                15, 2008, prior
                to which Ameriwest may conduct additional due diligence as to the
                condition of and title to the Assets and the prospect in
                general;

            

    

     

    
      	 	
              c.

            	
              the
                conveyance at Closing by Geochem of the Assets, subject to the
                re-conveyance provisions set forth
                below;

            

    

     

    
      	 	
              d.

            	
              an
                obligation on the part of Ameriwest to spud, drill and complete a
                well in
                the currently permitted area on or before September
                1, 2008
                (the “Drilling Obligation”), subject to the condition set forth below and
                the right of Ameriwest to pay Geochem for one or more Extension Periods
                as
                set forth below;

            

    

     

    
      	 	
              e.

            	
              in
                the event the parties are unable to locate a drilling rig to attend
                the
                property pursuant to the timing set out herein, the parties agree
                that an
                extension will be granted for any such reasonable period as may be
                required, using diligent efforts, to locate and deliver the rig to
                the
                property and that upon delivery of the rig, the well be promptly
                drilled,
                logged and completed in accordance with the Drilling
                Obligation.

            

    

     

    
      	 	
              f.

            	
              the
                right of Ameriwest to extend the deadline for completion of the Drilling
                Obligation by paying Geochem one or more extension fees each in the
                amount
                of US$200,000.00 for each extension period, each of a 3 month length,
                but
                in no case shall the Drilling Obligation deadline extend beyond
                March
                31, 2009;
                

            

    

     

    
      	 	
              g.
                

            	
              the
                execution of documents at Closing by Ameriwest sufficient to re-convey
                the
                Assets to Geochem to secure performance of the Drilling Obligation,
                with
                said original re-conveyance documents to be held in escrow by Geochem
                and
                to be released to Ameriwest upon its satisfying its Drilling Obligation
                or
                if the Drilling Obligation is not satisfied by March
                31, 2009,
                then to be delivered to Geochem; 

            

    

     

    
      	 	
              h.

            	
              all
                costs associated with maintenance of the Assets and with the drilling
                and
                completion of the well after Closing shall be borne by Ameriwest,
                the
                estimated cost of the test well is described in Schedule “B” attached
                hereto; 

            

    

     

    
      	 	
              i.

            	
              all
                documents necessary to transfer all right, title and interest in
                and to
                the Assets will be executed at the time of Closing and all right,
                title
                and interest in and to the Assets will be transferred to Ameriwest
                upon
                Closing, subject to the provisions set forth above;
                

            

    

     

    
      	 	
              j.

            	
              Geochem
                will make reasonable and customary representations and warranties
                as to
                title to the Assets;

            

    

    

    
      	 	
              k.

            	
              Closing
                shall be conditioned upon (i) Geochem shall operate its business
                only in
                the ordinary course and will not sell, distribute, license or encumber
                any
                of the Assets; (ii) the
                receipt of any certificates, legal, tax or other opinions and/or
                documents
                related to the Assets, including a legal opinion of local Wyoming
                counsel
                employed by Ameriwest that the transfer contemplated by the Definitive
                Agreement of the Assets is binding under applicable Wyoming and US
                federal
                laws, as Ameriwest may reasonably request, including documents relating
                to
                any tests or geological work performed or studies or reports completed,
                provided these are not subject to non-disclosure covenants by Geochem
                in
                connection with any third-party agreements; (iii) the
                receipt of all consents, approvals, authorizations and orders required
                of
                or for the completion of any document required hereunder; (iv) with
                respect to the Assets, the existence of no outstanding mergers,
                acquisitions, financial commitments, obligations, liabilities, etc.
                other
                than those contemplated in this transaction or incurred in the ordinary
                course of business; and (v) the presence, at Closing, of sufficient
                funds
                from Ameriwest to submit any bond funds required to transfer title
                to the
                Assets to Ameriwest together with whatever consents of the Other
                Royalty
                Holders may be required to complete the legal opinions referred to
                herein;”

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
2. Waiver
      of Fees

    

    The
      parties agree that this Amendment Agreement does not constitute an extension
      of
      the deadline for the completion of the Drilling Obligation and therefore no
      extension fees shall be payable.

    

    3. Entire
      Agreement

    

    This
      First Amendment and the LOI constitute the entire understanding and agreement
      between the parties.

    

    4. Execution
      in Counterparts

    

    This
      Agreement may be executed in counterpart, each of which such counterpart,
      whether in original for facsimile form and notwithstanding the date or dates
      upon which this Agreement is executed and delivered by any of the parties,
      shall
      be deemed to be an original and all of which will constitute one and the same
      agreement.

    

    IN
      WITNESS WHEREOF,
      the
      parties hereto have executed this Agreement as of the day and year first above
      written.

    

    

    AMERIWEST
      ENERGY CORP.

     

    
 

    
      
        	     
	 
	
                Per:
                  Authorized Signatory

              	 

      

      

    

    

     

    GEOCHEM
      EXPLORATION, LLC

    

     

     

    
      
        	     
	 
	
                Per:
                  Authorized Signatory

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