Addendum to Loan Agreement between Dieter Thiemann and EDI Exploration Drilling International GmbH

Summary

This addendum extends the term of a loan agreement between Mr. Dieter Thiemann (lender) and EDI Exploration Drilling International GmbH (borrower), represented by Managing Director Günter Thiemann. The new loan end date is July 31, 2008, with the possibility of a further three-month extension to be discussed at that time. All other terms of the original agreement remain unchanged.

EX-10.59 9 exhibit10-59.htm ADDENDUM TO LOAN AGREEMENT Filed by Automated Filing Services Inc. (604) 609-0244 - Exploration Drilling International Inc. - Exhibit 10.59

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

[Signature]

- Borrower -		- Lender -
EDI Exploration Drilling International GmbH		Dieter Thiemann