KETKAEW WIMONTHA Blk. 770Pasir Ris St. 71, #05-350 Singapore510770

EX-10.3 4 v197251_ex10-3.htm
KET KAEW WIMONTHA
Blk. 770 Pasir Ris St. 71, #05-350
Singapore  510770


September 7, 2010

Nexgen Petroleum Corp.
2808 Cowan Circle
Las Vegas, NV  89107

Attention: Mr. Hsien Loong Wong, CEO

Dear Sir:

Re:
Settlement and Conversion of US$510,000 debt owing from Nexgen Petroleum Corp. to Ket Kaew Wimontha

I hereby agree to the settlement of the US$510,000 debt owed to me from Nexgen Petroleum Cop. (the “Company”) in exchange for the conversion of such debt into 3,000,000 shares of common stock of the Company at a conversion price of $0.17 per share.

If the foregoing is satisfactory, please indicate your agreement by executing a copy of this letter where indicated below and returning an originally signed copy to the undersigned on or before September 14, 2010.

I appreciate your prompt response and action in settling the above matter.

Yours truly,

         
/s/ Ket Kaew Wimontha
    
 
  
KET KAEW WIMONTHA
    
 
  


The above terms and conditions are acknowledged and agreed to this 8th day of September, 2010.


NEXGEN PETROLEUM CORP.
per:

         
/s/ Hsien Loong Wong  
    
 
  
(Authorized Signatory)