Loan Agreement between Dieter Thiemann and EDI Exploration Drilling International GmbH

Summary

This agreement is between Dieter Thiemann (the lender) and EDI Exploration Drilling International GmbH (the borrower). Mr. Thiemann is lending EUR 6,500 to the company, with the funds to be provided by January 22, 2008. The loan carries a 6% annual interest rate, with interest credited to the borrower's account at year-end. The borrower can repay the loan in full or in part at any time, but any remaining balance must be repaid by December 31, 2008.

EX-10.71 2 exhibit10-71.htm LOAN AGREEMENT Filed by Automated Filing Services Inc. (604) 609-0244 - Exploration Drilling International Inc. - Exhibit 10.71

Loan Agreement

between

Mr. Dieter Thiemann
Pöppelmannstrasse 4
33428 Harsewinkel

- in the following referred to as Lender -

and

EDI Exploration Drilling International GmbH
Goethestrasse 61
45721 Haltern am See

- in the following referred to as Borrower -

	1.	The Lender grants the Borrower a loan in the amount of EUR 6,500.00.

	2.	The loan shall be paid out by 22/01/2008, at the latest.

	3.	Interest payable on the loan will be 6.0%. At the end of one calendar year, the interest will be credited to the loan account of the Borrower.

	4.	The loan may be repaid, even in partial amounts, at any time. The residual loan amount shall be repaid, at the latest, by 31/12/2008.

Münster, 18/01/2008

[Signature]
Borrower -	Lender
EDI Exploration Drilling International GmbH	Dieter Thiemann