Addendum to Loan Agreement dated September 20, 2006 between Dieter Thiemann (as lender) and EDI Germany (as borrower) extending the due date to July 31, 2008, dated December 26, 2007 (translated from German to English)

Addendum to the loan agreement dated 20/09/2006

Extension

LOAN AGREEMENT

between

Mr. Dieter Thiemann
Pöppelmannstrasse 4
33428 Harsewinkel

- in the following referred to as lender -

and

EDI Exploration Drilling International GmbH
represented by the Managing Director
Günter Thiemann
Goethestrasse 61, 45721 Haltern am See

- in the following referred to as borrower -

The loan agreement, to which this addendum applies, is extended in item 1, effective immediately, as follows:

The term of the loan ends on 31/07/2008. An extension by 3 months is to be renegotiated at that time.

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

Haltern, on 26/12/2007