EXHIBIT 10.1


                          BUSINESS CONSULTING CONTRACT

        This  contract,  dated  January 31, 2000,  is made By and Between  Capco
Energy Inc., a Colorado Corporation ("Capco"),  whose address is Orange, CA, AND
Marquette  Ventures LLC, a California LLC  ("Marquette"),  whose address is Dana
Point, CA.

WHEREAS, Capco desires to retain the consulting services of Marquette; and

WHEREAS, Marquette desires to provide such consulting services, on the terms and
conditions herein set forth;

NOW THEREFORE, Capco and Marquette agree as follows:

1.  Consulting  Services.  Capco hereby  contracts with Marquette to perform the
    following  consulting  services in accordance  with the terms and conditions
    set forth in this contract:

     o    Manage and direct  financial  public  relations,  including  providing
          liaison with brokerage firms and other Financial Institutions.

     o    Maintaining  the current  Corporate  Profile for Capco Energy Inc. and
          it's  various  subsidiaries,  and  disseminating  the  information  to
          Investment Bankers and other financial entities.

     o    Provide advice and counsel with respect to corporate acquisitions.

     o    Provide  advisory  services  for  financial  requirements  for Capco's
          proposed Secondary Offering.

    With respect to the foregoing, it is specifically understood and agreed that
    Marquette will not provide any services of any kind whatsoever in connection
    with the offer or sale of securities in a capital raising  transaction,  and
    will not,  directly or indirectly,  promote or maintain a market for Capco's
    securities.

2.  Terms of Contract. This contract will begin on January 31, 2000 and will end
    January 30, 2001. Capco may terminate this contract,  with or without cause,
    at any  time  upon 30 days'  written  notice  to  Marquette.  Marquette  may
    terminate this contract at any time upon 30 days' written notice to Capco.

3.  Time Devoted by Marquette.  It is anticipated  Marquette will devote as much
    time as necessary to provide the consulting  services described in Paragraph
    1. The actual amount of such time may vary from day to day or week to week.



<PAGE>

4.  Place Where Services Will Be Rendered.  Marquette will render their services
    under this contract from their  principal  office  located in Orange County,
    CA. In addition Marquette will perform services on the telephone and at such
    other places  necessary to perform these  services in  accordance  with this
    contract.

5.  Payment to Marquette.  Upon execution of this  contract,  Capco will provide
    Marquette with the following  compensation  package for services provided in
    accordance with this contract:

     o    Capco will pay a  consulting  fee of $ 5,000 per month for a period of
          six (6) months (in  addition  to  approved  Reimbursement  of Expenses
          mentioned in Paragraph 6).

     o    Capco  will file a Form S-8  Registration  Statement  with the SEC and
          issue to the  members  of  Marquette,  being  John  Aitken  and Thomas
          Herstad,  options to purchase Common Stock in Capco Energy Inc. in the
          following amounts:

          1.   1,000,000 Shares @ an exercise price of $1.00.
          2.   1,000,000 Shares @ an exercise price of $1.50.

          These options are exercisable at any time by the members of Marquette,
          being John Aitken and Thomas  Herstad,  after February 1, 2000, and in
          force for a period of one year.

6.  Reimbursement of Expenses.  Marquette may incur reasonable  expenses for the
    account  of Capco in the  normal  course  of  business,  including,  but not
    limited to,  expenses for the rental and  maintenance  of an office,  office
    equipment  required  to  provide  services  under  this  contract,   travel,
    entertainment  and  any  other  reasonable  items.   Capco  shall  reimburse
    Marquette  for all business  expenses  within ten (10)  business  days after
    Marquette presents an itemized account of expenditures.

    In this  connection,  Capco  has  agreed to  advance  $ 10,000 to  Marquette
    against initial expenses to be incurred on behalf of Capco by Marquette.

7.  Confidential Information.  Marquette agrees that any proprietary information
    received by  Marquette  from Capco  during the  performance  of  Marquette's
    obligations  pursuant  to  this  contract,   which  concerns  the  business,
    financial  or other  affairs of Capco will be treated by  Marquette  in full
    confidence  and  will  not  be  revealed  to any  other  persons,  firms  or
    organizations,  unless necessary in furtherance of Marquette's  duties under
    this contract.


<PAGE>

8.  Settlement by  Arbitration.  Any claim or controversy  that arises out of or
    relates  to this  contract,  or the  breach  of it,  shall be  submitted  to
    arbitration  in  accordance  with  the  rules  of the  American  Arbitration
    Association.  Judgment  upon  the  award  rendered  may  be  entered  in any
    competent court.

9.  Termination of Prior Contracts.  This contract shall be deemed to cancel and
    replace  the  following  two (2)  "Business  Consultant  Agreements."  Capco
    executed  agreements  with John R. Aitken,  dated August 1999, and Thomas D.
    Herstad,  dated  November 1999.  Aitken and Herstad agree to  simultaneously
    cancel and  replace  these  existing  agreements  in favor of this  contract
    between Capco and Marquette provided the following conditions are met:

     o    Full payment within 60 days of outstanding cash payments in arrears to
          each Consultant. These totals are $20,000 and $6,000 to Messrs. Aitken
          and Herstad respectively.

     o    Full  reimbursement  for  unreimbursed  expenses  up to and  including
          January 31, 2000 for both Messrs. Aitken and Herstad.

     o    Issuance of 20,000  shares of Common Stock of Capco Energy Inc.  fully
          paid and non-assessable to Mr. Herstad

10. Signatures.  Both  Capco  and  Marquette  agree to the  above  contract,  as
    evidenced by their signatures below.




/s/ Ilyas Chaudhary
-------------------------------
Ilyas Chaudhary
Chief Executive Officer
Capco Energy Inc.



/s/ Thomas D. Herstad                              /s/ John R. Aitken
-------------------------------                    --------------------------
Thomas D. Herstad                                  John R. Aitken
President                                          Chief Financial Officer
Marquette Ventures LLC                             Marquette Ventures LLC