Exhibit 10.1

CONTRACT FOR INVESTMENT BANKING SERVICES

THIS CONTRACT FOR INVESTMENT BANKING SERVICES AGREEMENT ("Agreement")
is made and entered into on this 15th day of November 2001, by and
between Asdar Group, a Nevada corporation ("Client") and Palisades
Financial Ltd., a British Columbia corporation ("Contractor").


RECITALS

        A.      Client is in the business of exploring and developing
        oil & gas projects in North America.

        B.      Client and Contractor desire to enter into a
        relationship whereby Contractor will provide access to oil or
        gas projects and funding for these projects.



ARTICLE I

TERM OF CONTRACT

        1.1     Term of Contract.

                The term of this Agreement shall be three (3) years
                from the date set forth above, unless terminated
                earlier.

ARTICLE II

SERVICES TO BE PERFORMED BY CONTRACTOR

        2.1     Specific Services.

                Contractor agrees to use his or her best efforts to
                provide essential information and solicit contacts
                with individuals and/or companies interested in
                providing financial services to the Client.

        2.2.    Methods of Performing Services.

                Contractor shall determine the method, details, and
                means of performing the services described in Section
                2.1 of this Agreement.

        2.3     Status of Contractor.

                Contractor is not an employee of Client for any
                purpose whatsoever, but is an independent contractor.
                Client is interested only in the results obtained by
                Contractor, who shall have the sole control of the
                manner and means of performing under this Agreement.
                Client shall not have the right to require Contractor
                to do anything which would jeopardize the relationship
                of independent contractor between Contractor and
                Client.  All expenses and disbursements, including,
                but not limited to, those for travel and maintenance,
                entertainment, office, clerical, and general expenses,
                that may be incurred by Contractor in connection with
                this Agreement shall be borne wholly and completely by
                Contractor, and Client shall not be responsible or
                liable therefore.  Contractor does not have, nor shall
                it hold itself out as having, any right, power or
                authority to create any contract or obligation, either
                express or implied, on behalf of, in the name of, or
                obligating Client, or to pledge Client's credit, or to
                extend credit in Client's name unless Client shall
                consent thereto in advance in writing.  Client shall
                have the right to appoint or otherwise designate
                suitable representatives (herein collectively referred
                to as "Contractor's Representatives"). Contractor
                shall be solely responsible for Contractor's
                representatives and their acts.  Contractor's
                Representatives shall be at Contractor's own risk,
                expense, and supervision, and Contractor's
                Representatives shall not have any claim against
                Client for salaries, commissions, items of cost, or
                other form of compensation or reimbursement, and
                Contractor represents, warrants, and covenants that
                Contractor's Representatives shall be subordinate to
                Contractor and subject to each and all of the terms,
                provisions and conditions applying to Contractor
                hereunder. Contractor agrees he or she is not entitled
                to the rights or benefits afforded to Client's
                employees, including disability or unemployment
                insurance, workers' compensation, medical insurance,
                sick leave, or any other employment benefit.
                Contractor is responsible for providing, at his or her
                own expense, disability, unemployment, and other
                insurance, workers' compensation, training, permits
                and licenses for himself or herself and for his or her
                employees and subcontractors.

        2.4     Payment of Income Taxes.

                Contractor is responsible for paying when due all
                income taxes, including estimated taxes, incurred as a
                result of the compensation paid by Client to
                Contractor for services under this Agreement.  On
                request, Contractor will provide Client with proof of
                timely payment.  Contractor agrees to indemnify Client
                for any claims, costs, losses, fees, penalties,
                interest, or damages suffered by Client resulting from
                Contractor's failure to comply with this provision.

        2.5     Use of Employees or Subcontractors.

                Contractor may, at Contractor's own expense, use any
                employees or subcontractors as Contractor deems
                necessary to perform the services required of
                Contractor by this Agreement.  Client may not control,
                direct or supervise Contractor's employees or
                subcontractors in the performance of those services.

ARTICLE III

COMPENSATION

        3.1     Compensation.

                Two hundred thousand (200,000) shares of the Client's
                US$0.001 par value common stock with Rule 144
                restrictions.

        3.2     Payment of Expenses.

                Contractor will be responsible for all expenses
                incurred in performing services under this Agreement.



ARTICLE IV

OBLIGATIONS OF CONTRACTOR

        4.1     Minimum Amount of Service.

                Contractor agrees to devote a minimum of one hundred
                (100) hours per month to performing the above-
                described services.

        4.2     Non-Exclusive Relationship.

                Contractor may represent, perform services for, and
                contract with as many additional clients, persons, or
                companies as Contractor, in his or her sole
                discretion, sees fit.

        4.3     Time and Place of Performing Work.

                Contractor may perform the services under this
                agreement at any suitable time and location he or she
                chooses.

        4.4     Web Site Information.

                Client will supply to Contractor, without cost, from
                time to time, reasonable quantities of information and
                literature on the Web Site and related activities,
                which Agent, in its sole discretion, determines would
                be helpful to Contractor to perform the services under
                this Agreement.

        4.5     Workers' Compensation.

                Contractor agrees to provide workers' compensation
                insurance for Contractor's employees and agents and
                agrees to hold harmless and indemnify Client for any
                and all claims arising out of any injury, disability
                or death of any Contractor's employees or agents.

        4.6     Contractor's Qualifications.

                Contractor represents that he or she has the
                qualifications and skills necessary to perform the
                services under this Agreement in a competent,
                professional manner, without the advice or direction
                of Client.  This means Contractor is able to fulfill
                the requirements of this Agreement.  Failure to
                perform all the services required under this Agreement
                constitutes a material breach of the Agreement.
                Contractor has complete and sole discretion for the
                manner in which the work under this Agreement will be
                performed.

ARTICLE V

OBLIGATIONS OF CLIENT

        5.1     Cooperation of Client.

                Client agrees to comply with all reasonable requests
                of Contractor and provide access to all documents
                reasonably necessary to the performance of
                Contractor's duties under this Agreement.

        5.2     Place of Work.

                Contractor agrees that Client is not responsible for
                furnishing space on Client's premises for use by
                Contractor while performing the services under this
                Agreement.



ARTICLE VI

TERMINATION OF AGREEMENT

6.1     Expiration of Agreement.

        Unless otherwise terminated as provided in this Agreement,
        this Agreement will continue in effect for a period of three
        (3) years and shall then terminate unless renewed in writing
        by both parties.

6.2     Termination on Notice.

        Notwithstanding any other provision of this Agreement, either
        party may terminate this Agreement at any time by giving
        thirty (30) days written notice to the other party.  Unless
        otherwise terminated as provided in this Agreement, this
        Agreement will continue in force for a period of three (3)
        years.

6.3     Termination on Occurrence of Stated Events.

        This Agreement will terminate automatically on the occurrence
        of any of the following events:

        (a)     Bankruptcy or insolvency of either party;

        (b)     Sale of the business of either party;

        (c)     Death of Contractor; and/or

        (d)     Assignment of this Agreement by either party without
        the consent of the other party.

6.4     Termination for Default.

        If either party defaults in the performance of this Agreement
        or materially breaches any of its provisions, the non-
        breaching party may terminate this Agreement by giving at
        least thirty (30) days written notification to the breaching
        party.  Termination will take effect immediately on receipt of
        notice by the breaching party or five (5) days after mailing
        notice, whichever occurs first. For the purposes of this
        Section 6.4, material breach of this Agreement includes, but
        is not limited to, the following:

        (a)     Client's failure to pay Contractor any compensation
        due within forty-five (45) days after written demand for
        payment.

        (b)     Contractor's failure to complete the services
        specified in Section 2.1 of this Agreement.

        (c)     Contractor's material breach of any warranty,
        representation or agreement contained in this Agreement.



ARTICLE VII

NON-DISCLOSURE OF PROPRIETARY INFORMATION;
NON-COMPETITION AND NON-CIRCUMVENTION

7.1     New Developments.

        Contractor agrees that all designs, plans, reports,
        specifications, drawings, inventions, processes, and other
        information or items produced by Contractor while performing
        services under this Agreement will be assigned to Client as
        the sole and exclusive property of Client and Client's
        assigns, nominees and successors, as will any copyrights,
        patents or trademarks obtained by Contractor while performing
        services under this Agreement.  On request and at Client's
        expense, Contractor agrees to help Client obtain patents and
        copyrights for any new developments.  This includes providing
        data, plans, specifications, descriptions, documentation , and
        other information, as well as assisting Client in completing
        any required application or registration.

7.2     Non-Disclosure of Proprietary and Confidential Information By
        Contractor.

        In consideration and recognition of the fact that during the
        term of this Agreement, Contractor may have access to
        Proprietary Information (as used in this Article VII
        "Proprietary Information" shall mean and include, without
        limitation, any and all marketing and sales data, plans and
        strategies, financial projections, Client lists, prospective
        Client lists, promotional ideas, data concerning Client's
        services, designs, methods, inventions, improvements,
        discoveries, designs whether or not patentable, "know-how",
        training and sales techniques, and any other information of a
        similar nature disclosed to Contractor or otherwise made known
        to Contractor as a consequence of or through this Agreement
        during the term hereof. The term Proprietary Information shall
        not include any information that (i) at the time of the
        disclosure or thereafter is or becomes generally available to
        and known by the public, other than as a result of a
        disclosure by Contractor or any agent or representative of
        Contractor in violation of this Agreement, or (ii) was
        available to Contractor on a non-confidential basis from a
        source other than Client, or any of Client's officers,
        directors, employees, agents or other representatives) or
        other information and data of a secret and proprietary nature
        which Client desires to keep confidential, and that Client has
        furnished, or during the term will furnish such information to
        Contractor, Contractor agrees and acknowledges (as used in
        this Article VII, Contractor shall mean and include,
        Contractor and any subsidiaries, affiliates, related entities,
        officers, agents, shareholders, partners, principals and/or
        employees) that Client has exclusive proprietary rights to all
        Proprietary Information, and Contractor hereby assigns to
        Client all rights that he or she might otherwise possess in
        any Proprietary Information.  Except as required in the
        performance of Contractor's duties to Client, Contractor will
        not at any time during or after the term hereof, directly or
        indirectly use, communicate, disclose, disseminate, lecture
        upon, publish articles or otherwise put in the public domain,
        any Proprietary Information relating to Client or Client's
        services, products or business.  Contractor agrees to deliver
        to Client any and all copies of Proprietary Information in the
        possession or control of Contractor upon the expiration or
        termination of this Agreement, or at any other time upon
        request by Client.  The provisions of this section shall
        survive the termination of this Agreement.

7.3     Non-Competition and Non-Circumvention by Contractor.

        In consideration and recognition of the fact that Contractor
        has access to Proprietary Information under the terms and
        provisions of this Agreement and that Client will be
        introducing Contractor to various product manufacturers,
        retailers and distributors, Contractor represents, warrants
        and covenants to Client as follows:

        (a)     Contractor shall at no time disclose to any person,
        without Client's prior written consent, any of the terms,
        conditions or provisions specified in this Agreement unless
        such disclosure is lawfully required by any federal
        governmental agency or is otherwise required to be disclosed
        by law or is necessary in any legal proceeding regarding the
        subject matter of this Agreement.

        (b)     During the term of this Agreement, Contractor shall
        not circumvent Client for the purpose of transacting any
        business with any person or entity which business shall
        interfere with any relationship whatsoever between such person
        or entity and Client, or use any Proprietary Information to
        compete with the business of Client.  Contractor shall not
        solicit any of Client's employees, independent contractors or
        agents for employment.  Contractor shall not hire or engage in
        any way, any enterprise or person that competes with, or is
        engaged in a business substantially similar to, the business
        of Client.

        (c)     Contractor shall not for a period of two (2) years
        immediately following the termination of this Agreement with
        Client, either directly or indirectly (i) make known to any
        person, firm or corporation the names or addresses of any of
        Client's clients or any other information pertaining to them
        or Client's products or services; (ii) call on, solicit, or
        take away, or attempt to call on, solicit or take away any of
        Client's clients either on Contractor's behalf or that of
        another person, firm or corporation.

        (d)     Contractor shall not, during the term hereof or for a
        period of two (2) years following such term, enter into an
        agreement or contract directly with any manufacturer, retailer
        or distributor introduced to Contractor by Client for any
        services provided by Client herein or for any similar
        services.

        (e)     Contractor acknowledges and agrees that the
        representations, warranties and covenants made by Contractor
        and set forth in this section are material and that Client
        would not enter into this Agreement without Contractor's
        making such representations, warranties and covenants to
        Client.

        (f)     Contractor acknowledges and agrees that any breach by
        Contractor of the representations, warranties and covenants
        contained herein will cause irreparable harm and loss to
        Client, which harm and loss cannot be reasonably or adequately
        compensated in damages in an action at law.  Therefore,
        Contractor expressly agrees that, in addition to any other
        rights or remedies which Client may possess, Client shall be
        entitled to injunctive and other equitable relief to prevent
        or remedy a breach of the representations, warranties and
        covenants made by Contractor herein.

        (g)     The terms and provisions of this section shall survive
        the termination of this Agreement for a period of two (2)
        years.



ARTICLE VIII

GENERAL PROVISIONS

        8.1     Notices.

                Unless otherwise provided in this Agreement, any
                notice required or permitted by this Agreement to be
                given to either party shall be deemed to have been
                duly given if in writing and delivered personally or
                mailed by first-class, registered or certified mail,
                postage prepaid and addressed as follows:

        If to Contractor:       Palisades Financial Ltd.
                                C/o 1066 Groveland Road
                                West Vancouver, British Columbia
                                Canada V7S 1Z4

        If to Client:           Asdar Group.
                                1239 West Georgia Street, Suite 3004
                                Vancouver, British Columbia
                                Canada V6E 4R8

        8.2     Assignment of Contract.

                Contractor shall not assign or otherwise transfer its
                rights under this Agreement, without the prior written
                consent of Client. Any attempt to make such an
                assignment without Client's consent shall be void.
                Client's consent shall not be reasonably withheld.

        8.3     Amendments.

                Contractor and Client agree that this Agreement shall
                be modified only by a written agreement duly executed
                by persons authorized to execute agreements on their
                behalf.

        8.4     Nonwaiver.

                Contractor and Client agree that no failure to
                exercise, and no delay in exercising any right, power,
                or privilege hereunder on the part of either party
                shall operate as a waiver of any right, power or
                privilege.  Contractor and Client further agree that
                no single or partial exercise of any right, power, or
                privilege hereunder shall preclude its further
                exercise.

        8.5     Payment of Monies Due Deceased Contractor.

                If Contractor dies before completing the services
                under this Agreement, any monies due Contractor from
                Client under this Agreement as of the date of death
                will be paid to Contractor's executors,
                administrators, heirs, personal representatives,
                successors and assigns.

        8.6     Attorneys' Fees.

                If any legal or equitable action is necessary to
                enforce the terms of this Agreement, the prevailing
                party shall be entitled to reasonable attorneys' fees
                in addition to any other relief to which that party
                may be entitled.  This provision shall be construed as
                applicable to the entire Agreement.

        8.7     Severability.

                If any part of this Agreement is adjudged by any court
                of competent jurisdiction to be invalid, that judgment
                shall not affect or nullify the remainder of this
                Agreement, and the effect shall be confined to the
                part immediately involved in the controversy adjudged.

        8.8     Governing Law.

                This Agreement shall be deemed to have been made in,
                and shall be construed pursuant to, the laws of the
                State of Nevada.

        8.9     Entire Agreement.

                Client and Contractor acknowledge and agree that this
                Agreement including the Exhibits attached hereto, is
                the complete and exclusive statement of the mutual
                understanding of the parties and that it supersedes
                and cancels all previous written and oral agreements
                and communications relating to the subject matter of
                this Agreement.

        8.10    Indemnification.

                Contractor shall save Client and its agents, officers,
                directors, shareholders, employees, attorneys,
                successors, predecessors, parent and subsidiary
                corporations, affiliates, accountants,
                representatives, contractors, and assigns and all
                persons acting by, through, under or in concert with
                any of them, harmless from and against and shall
                indemnify Client and its agents, officers, directors,
                shareholders, employees, attorneys, successors,
                predecessors, parent and subsidiary corporations,
                affiliates, accountants, representatives, contractors,
                and assigns and all persons acting by, through, under
                or in concert with any of them, for any liability,
                loss, costs, expenses, or damages howsoever caused by
                reason of any injury (whether to body, property, or
                personal or business character or reputation)
                sustained by any person or to property by reason of
                any act, neglect, default or omission of Contractor or
                any of Contractor's agents, employees, or other
                representatives, and Contractor shall pay all amounts
                to be paid or discharged in case of an action or any
                such damages or injuries.  If Client or its agents,
                officers, directors, shareholders, employees,
                attorneys, successors, predecessors, parent and
                subsidiary corporations, affiliates, accountants,
                representatives, contractors, and assigns and all
                persons acting by, through, under or in concert with
                any of them, is sued in any court for damages by
                reason of any of the acts of Contractor, Contractor or
                such other party shall defend the resulting action (or
                cause same to be defended) at Contractor's expense and
                shall pay and discharge any judgment that may be
                rendered in any such action; if Contractor fails or
                neglects to so defend in such action, Client may
                defend such action and any expenses, including
                reasonable attorneys' fees, which Client may pay or
                incur in defending such action and the amount of any
                judgment which Client may be required to pay shall be
                promptly reimbursed by Contractor upon demand by
                Client.

IN WITNESS WHEREOF, the undersigned have caused this Agreement to be
signed on the date first written above.

CONTRACTOR                                      CLIENT

Palisades Financial Ltd.                        Asdar Group
a British Columbia corporation                  a Nevada corporation


By: /s/ May Joan Liu                       By:  /s/ Robert Waters
        ---------------------                       ----------------
Its:    President                          Its:     President


By: /s/ Ferdinand Marehard
        ---------------------
Its:    Secretary