Addendum to Loan Agreement Between Günter Thiemann and EDI Exploration Drilling International GmbH (December 25, 2007)

Summary

This addendum modifies the existing loan agreement between Mr. Günter Thiemann (lender) and EDI Exploration Drilling International GmbH (borrower). The main change is an extension of the loan term by seven months, with the new repayment date set for July 31, 2008. All other terms of the original agreement remain unchanged. The addendum is effective immediately upon signing by both parties.

EX-10.57 7 exhibit10-57.htm ADDENDUM TO LOAN AGREEMENT Filed by Automated Filing Services Inc. (604) 609-0244 - Exploration Drilling International Inc. - Exhibit 10.57

Addendum to the loan agreement dated 08/06/2005

Extension

LOAN AGREEMENT

between

Mr. Günter Thiemann
Käthe-Kollwitz-Strasse 23
33428 Harsewinkel

- in the following referred to as lender -

and

EDI Exploration Drilling International GmbH
represented by the Managing Director
Rainer Rotthäuser
Goethestrasse 59, 45721 Haltern am See

- in the following referred to as borrower -

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

§ 2 Interest, term and repayment of loan

	2.	The term shall be extended by 7 months, ending on 31/07/2008.
	3.	The loan shall be repaid on 31/07/2008 into the lender’s account.

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

Haltern, on 25/12/2007

[Signature]

Günter Thiemann		EDI Exploration Drilling International Rotthäuser [sic]
- Lender -		Managing Director Rainer Rotthäuser
		- Borrower -