Addendum to Loan Agreement for EUR 10,000 dated August 12, 2007 between EDI Holding (as lender) and EDI Germany (as borrower), extending the due date to March 31, 2009, dated August 4, 2008 (translated from German to English)

(Euro 10,000.00)

Addendum to the loan agreement dated 12/08/2007

Extension

LOAN AGREEMENT

between

EDI Exploration Drilling International Holding GmbH
Represented by Managing Director
Günter Thiemann
Goethestrasse 61
45721 Haltern am See

     - in the following referred to as lender -

and

EDI Exploration Drilling International GmbH
represented by the Managing Director
Christian Runge
Goethestrasse 59
45721 Haltern am See

- in the following referred to as borrower -

Effective immediately, the loan agreement, to which this addendum applies, is changed in § 2 paragraphs 2 and 3 as follows:

§ 2 Interest, term and repayment of loan

All other provisions of the agreement shall remain unchanged and valid.

Haltern, 04/08/2008

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