EXHIBIT 10.30


FIRECREEK PETROLEUM, INC.





17 March 2006


	
   

  	
   

  
	
  Professor Rusbek
  Bisultanov 

  The Sahara Group 

  Adakale sokak Kugu 

  ap:25 daire:8 

  Florya Istanbul, Turkey

  	
  Dennis R. Alexander 

  EGPI Firecreek, Inc. 

  6564 Smoke Tree Lane 

  Paradise Valley, AZ 85253 

  






	
   

  	
   

  
	
  Re:

  	
  Business Relationship

  



Gentlemen:


It is agreed that from and
after this date, The Sahara Group, Inc. (“Sahara Group”) will participate with
Firecreek Petroleum, Inc. (“Firecreek”) in the projects (the “Current
Projects”) identified below on the basis stated below; however, Sahara Group
will cease to be involved in any other projects, unless agreed to in writing by
all parties of this Agreement. The basis of the participation of Sahara Group
with Firecreek will be as follows:


	
   

  	
   

  
	
  1.

  	
  Firecreek
  will not pay any future expenses of Sahara Group, including fees or salary to
  Rusbek Bisultanov, unless
  specifically agreed to in writing by Firecreek prior to such expenses being
  incurred. 

  
	
   

  	
   

  
	
  2.

  	
  Sahara Group will receive
  10% of whatever ownership or net profits or other compensation that Firecreek
  is entitled to receive from any of the Current Projects.

  
	
   

  	
   

  
	
  3.

  	
  It is understood that
  Firecreek has the option, but no obligation, to complete the Current
  Projects.

  
	
   

  	
   

  
	
  4.

  	
  Firecreek agrees that
  neither it nor any affiliate, parent, subsidiary or business partner will
  directly or indirectly circumvent Sahara Group with respect to the Current
  Projects. 

  
	
   

  	
   

  
	
  5.

  	
  The “Current Projects”
  are: the Sakhalinsk and Bugrevatovskoye production acquisitions in Ukraine,
  the Kamenskoye and Kamenkovsky acquisition and development projects in
  Kazakhstan and the Minneftegazstroi projects in Russia

  



The parties agree to work
together in good faith to ensure successful completion of the Current Projects
(subject to Firecreek’s right to elect not to proceed with one or more of the
Current Projects). In light of this EGPI Firecreek, Inc. wishes to have a
formal strategic meeting with Dr. Bisultanov and the respective Boards in
London as soon as appropriate.


It is further agreed that at
the funding of the special purpose vehicle being created to support the
Kazakhstan projects, all outstanding obligations of Firecreek, including but
not limited to those due Professor Rusbek Bisultanov, John R. Taylor and George
B. Faulder, will be paid in full.


	
   

  	
   

  	
   

  
	
  FIRECREEK PETROLEUM, INC.

  	
   

  	
  THE SAHARA GROUP

  
	
   

  	
   

  	
   

  
	
  By:

  	
  

  	
   

  	
  By:

  	
  

  
	
   

  	
  


  	
   

  	
   

  	
  


  
	
   

  	
  John R. Taylor, President

  	
   

  	
   

  	
  Rusbek Bisultanov,
  Chairman

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  EGPI FIRECREEK, INC.

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  By:

  	
  

  	
   

  	
   

  
	
   

  	
  


  	
   

  	
   

  
	
   

  	
  Dennis R. Alexander, President

  	
   

  	
   

  
	
   

  	
   

  	
   

  






6777 Camp Bowie Boulevard
• Suite 215 • Fort Worth, Texas 76116 

Telephone: (817) 377-1116 • Fax: (817) 377-2411 • Web Address:
www.firecreek.us