Addendum to Loan Agreement between EDI Exploration Drilling International Holding GmbH and EDI Exploration Drilling International GmbH (August 20, 2008)

Summary

This addendum modifies an existing loan agreement between EDI Exploration Drilling International Holding GmbH (the lender) and EDI Exploration Drilling International GmbH (the borrower). The main change is an extension of the loan term by approximately seven months, with the new repayment date set for March 31, 2009. All other terms of the original agreement remain unchanged. The addendum is effective immediately as of August 20, 2008.

EX-10.66 3 exhibit10-66.htm ADDENDUM TO LOAN AGREEMENT Filed by sedaredgar.com - Exploration Drilling International Inc. - Exhibit 10.66

Addendum to the loan agreement dated 20/08/2007

Extension

LOAN AGREEMENT

between

EDI Exploration Drilling International Holding GmbH
Represented by the Managing Director [“Geschäftsführer”]
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 [“Geschäftsführer”]
Christian Runge
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 Section 2 paragraphs 2 and 3 as follows:

Section 2 Interest, term and repayment of loan

	2.	The term shall be extended by approx. 7 months and ends on March 31, 2009.
	3.	The loan shall be repaid on March 31, 2009 into the Lender’s account.

All other provisions remain unchanged and valid.

Haltern, on August 20, 2008

[Signature]

EDI Holding GmbH		EDI GmbH
Günter Thiemann		Christian Runge
- Lender -		- Borrower -


[File name]