FORCE ENERGY CORP.
LETTER AGREEMENT DATED MARCH 11, 2008 BETWEEN OUR COMPANY AND G2 PETROLEUM, LLC
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<TYPE>EX-10.1
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<FILENAME>exhibit10-1.htm
<DESCRIPTION>LETTER AGREEMENT DATED MARCH 11, 2008 BETWEEN OUR COMPANY AND G2 PETROLEUM, LLC
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   <TITLE>Filed by Automated Filing Services Inc. (604) 609-0244 - Force Energy Corp. - Exhibit 10.1</TITLE>
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<P align=center><B><FONT size=4>Force Energy Corp.</FONT></B><BR>601 &#150; 8623
Granville Street<BR>Vancouver, B.C., V6P, 5A2<BR>Canada<BR></P>
<P align=justify>March 11, 2008<BR></P>
<P align=justify>Everett Willard Gray II, Director<BR>G2 Petroleum, LLC<BR>3000
N. Garfield<BR>Suite 210<BR>Midland, TX 79705<BR>USA<BR></P>
<P align=justify>Dear Mr. Gray:<BR></P>
<P align=justify>Re: Participation in G2 Petroleum, LLC&#146;s Diamond Spring
Prospect.</P>
<P align=justify>Force Energy Corp. ("Force") has an interest in participating
in an initial well (the &#147;Well&#148;)on G2 Petroleum, LLC's ("G2") Diamond Springs
Prospect (the &#147;Prospect&#148;) in addition to purchasing a 5% Working Interest (&#147;WI&#148;)
in the Prospect. The Prospect is located near Diamond Springs Wyoming. A legal
description of the Prospect is attached hereto as Appendix A. Furthermore, Force
will have an option to purchase an additional 20% WI in the Prospect. The
purpose of this letter is to set forth the basic terms and conditions of the
entire acquisition (the &#147;Acquisition&#148;).</P>
<P align=justify>Upon the acceptance of this letter, the parties shall forthwith
enter into a definitive Acquisition Agreement with respect to this Acquisition,
on the terms and conditions which are the normal practice for such oil and gas
acquisitions in the State of Wyoming.</P>
<P align=justify>Upon acceptance of this letter by G2, Force shall pay G2
$50,000 in cash. $300,000 shall be paid by Force to G2 within 90 days of the
execution of an Acquisition Agreement at which time, Force shall have earned a
75% Net Revenue Interest (&#147;NRI&#148;) in the Well. It is expected that the Well will
be drilled and tested in July 2008. The aforesaid funds will be used for the
drilling and testing of the Well. Force will be responsible for 100% of the
costs of the drilling and testing of the Well. The cost of drilling will be
offer on a turnkey basis by G2.</P>
<P align=justify>Upon drilling of the Well Force shall grant G2, 250,000 Common
Shares of Force Energy Corp. as payment in full for a 5% WI in all subsequent
wells drilled on the Prospect. G2 has granted Force an option to purchase up to
an additional 20% WI in all subsequent wells</P>
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<P align=justify>on the Prospect at an agreed to price of $100,000 per 1% of WI.
This option must be exercised on or before December 15th, 2008. G2 as Operator
will drill, test, complete, and operate the Well and subsequent wells on the
Prospect.</P>
<P align=justify>I look forward to your thoughts regarding this letter at your
earliest convenience. Please do not hesitate to contact me with any questions or
concerns.</P>
<P align=right>&nbsp;</P>
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  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="30%" >Yours truly</TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="30%" >&nbsp;</TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="30%" ><B>Force Energy Corp.</B></TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="30%" >&nbsp;</TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="30%" >&nbsp;<IMG
      src="exhibit10-1x2x1.jpg"
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  <TR vAlign=top>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="30%" >per:
  __________________________</TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="30%" >&nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;Rahim Rayani, director &amp; CEO </TD></TR></TABLE>
<P align=justify><B>ACCEPTED and AGREED TO</B> this 11<SUP>th</SUP> day of
March, 2008 in the City of Vancouver, in the Province of British Columbia.</P>
<P align=justify><B>G2 Petroleum, LLC</B></P><IMG src="exhibit10-1x2x2.jpg" border=0> <BR>
<P align=justify>By: Everett Willard Gray II<BR>Title: Managing Director<BR></P>
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<P align=center>Appendix A</P>
<P align=center>March 11, 2008</P>
<P align=center><B>Legal description of G2&#146;s Diamond Spring Prospect:</B></P>
<TABLE
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  <TR vAlign=top>
    <TD align=left>T 32 Sec. N R 90 W 6th P.M, Fremont County, Wyoming </TD></TR>
  <TR vAlign=top>
    <TD align=left>Sec. 4 S1/2S1/2 </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp;5-Lots 2-4,S1/2S1/2 </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp;6-Lots 1-4 </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp;7-Lot 4,SESW, S1/2SE </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp;8-E1/2,E1/2W1/2 </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp;9-ALL </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp;10-W1/2, Pt. of MS 732 in W1/2 </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp;15-N1/2NW, Pt. MS 732 in N1/2NW </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp;17-N1/2NE </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp;18-Lot 1, N1/2NE,NENW </TD></TR>
  <TR vAlign=top>
    <TD align=left>T 33 North, R 90 West Fremont County, Wyoming </TD></TR>
  <TR vAlign=top>
    <TD align=left>Sec. 31-E1/2SE </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp;Sec. 32-S1/2 </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp;Sec. 33-SW1/4 </TD></TR>
  <TR vAlign=top>
    <TD align=left>T 32 North-R 91W Fremont County, Wyoming </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp;Sec. 12-S1/2SE1/4 </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp; &nbsp;Sec. 13-NE &#188; </TD></TR></TABLE>
<P align=justify>Total Acres 3317.32<BR></P>
<P align=justify>&nbsp;</P>
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