Document:

EXHIBIT 10.8
                                                                    ------------

                                CDKNET.COM, INC.
                        150 Broad Hollow Road, Suite 103
                               Melville, NY 11747

                                                                October 15, 2002

Target Growth Fund Ltd.
Chancery Hall
52 Reid Street
Hamilton HM 12 Bermuda

         -and-

Spiga Limited
c/o Euroba Management Limited
73 Front Street, 4th Floor
Hamilton HM 12  Bermuda

         -and-

Steven A. Horowitz, Esq.
Moritt, Hock, Hamroff & Horowitz, LLP
400 Garden City Plaza, Suite 202
Garden City, NY  11530

         Re: CDKnet.Com, Inc. Series A Convertible Preferred Stock

Gentlemen:

         You are holders of an aggregate of 1,390,000 outstanding shares
("Series A Shares') of preferred stock of CDKnet.Com, Inc. (the "Company"),
having the rights and preferences set forth in that Certificate of Designation,
rights and Preferences of a Series of Preferred Stock by Resolution of the Board
of Directors Providing for an Issue of 1,500,000 Shares of Series A Preferred
Stock, $.0001 par value, Designated as the "Series A Cumulative Convertible
Preferred Stock" (the "Series A Designation"). Pursuant to the Series A
Designation, you are presently entitled to $136,959 of accrued and unpaid
cumulative dividends. In addition, we are presently in default in our obligation
to reserve a sufficient number of common stock to cover your rights under the
Series A Designation to convert Series A Shares, including accrued and unpaid
dividends, into shares of common stock.

         You have asserted that such failures in the past have caused you severe
financial damage. The following, if accepted by you, shall constitute our
agreement whereby you agree to waive all claims you may have against the
Company.

<PAGE>

         We agree as follows:

         1. The Series A Designation will be amended and restated by the filing
of an amended and restated Series A Designation substantially in the form
annexed hereto as Exhibit A. Such amendment will, among other things, increase
the number of shares designated as Series A Preferred Stock from 1,500,000 to
2,250,000, eliminate cumulative dividends going forward, set a fixed conversion
rate of 100 shares of common stock for each share of Series A Shares (subject to
adjustment), and grant the Series A Shares dividend and voting rights on an "as
if converted" basis.

         2. We hereby, in full satisfaction of the dividend arrearage set forth
above, will issue to you, pro rata in accordance with your holdings, 136,959
additional shares of Series A Preferred Stock.

         3. We hereby waive all limitations placed upon you as a result of the
letter agreements, severally dated limiting the conversion of the Series A
Shares to 4.9% of the outstanding common stock of the Company. In so doing you
acknowledge that you are solely responsible for complying with the requirements
of Section 3(d) and Section 16 of the Securities Exchange Act of 1934, as
amended and the rules thereunder.

         4. Your execution hereof shall be sufficient written consent to the
amendment of the Series A Designation under the General Corporation Law of the
State of Delaware.

         5. The assignment set forth herein and the waiver set forth in Section
3 of this letter shall be effective upon your acceptance of this letter
agreement and the filing of the amended and restated Series A Designation.

         6. This agreement may be executed in one or more counterparts, which
together shall be deemed one instrument.

         Please indicate your acceptance of the above by signing and returning a
copy of this letter.

                                           Very truly yours,

                                           CDKNET.COM, INC.

                                           By:  /s/ Andrew J. Schenker
                                               ------------------------------
                                                Andrew J. Schenker, CEO

                            [ACCEPTANCE PAGE FOLLOWS]

<PAGE>

Agreed and Accepted:                               Beneficial Interest in Shares

TARGET GROWTH FUND LTD.                                       700,000

By:  /s/ George Sandhu
    ------------------------------
     Name: George Sandhu
     Title: Authorized Signatory

SPIGA LIMITED                                                 440,000

By:  /s/ Clive Dakin
    ------------------------------
     Name: Clive Dakin
     Title: President

/s/ Steven A. Horowitz                                        250,000
----------------------------
Steven A. HorowitzPARTICIPATION AGREEMENT

         Prince Edward Island, Canada                          November 22, 2002

BETWEEN:

       SHANNON INTERNATIONAL RESOURCES INC., a body
       corporate, having an office at the City of Calgary, in the
       Province of Alberta,
       (hereinafter called "Shannon")

                                          OF THE FIRST PART AND

       AMERICAN MANOR ENTERPRISES INC., a body corporate,
       having an office at the City of Halifax, in the Province of Nova Scotia,
       (hereinafter called "Manor ")

                                             OF THE SECOND PART

AND:

     WHEREAS pursuant to a Joint Operating Agreement (hereinafter referred to as
the "Operating Procedure") dated the 22nd day of October, 2001, and attached
hereto as Appendix " A" and made between Rally Energy Corp., Osprey Energy
Limited, CMB Energy Corp., and Shannon lnternational Resources Inc.. Rally
Energy Corp. as operator will drill a minimum of 2 wells on Oil and Gas Permit
No. 96-06. ( hereinafter referred to as the "Test Wells").

     AND WHEREAS Manor desires to participate with Shannon in drilling the Test
J Wells to earn an undivided 5% working interest in the Test Wells, the Title
Documents and the Joint Lands.

     NOW THEREFORE THIS AGREEMENT WITNESSETH that in consideration of the
premises and of the covenants and agreements of the parties as hereinafter set
forth, the parties do hereby covenant and agree as follows:

1.  DEFINITIONS AND INTERPRETATIONS

     In this Agreement, unless the context otherwise requires, the definitions
contained ill the Operating Procedure shall apply hereto.'

2. TITLE

     It is expressly agreed and understood notwithstanding anything else herein
contained or implied, that Shannon in and by this Agreement does not convey any
better or greater right, title or interest in and to the Lands that which
Shannon now has.

3. DATE OF THIS AGREEMENT

     This Agreement formalizes the Agreement reached between Shannon and Manor
on November 22, 2002 (the date of this Agreement). The parties agree that this
Agreement shall govern this relationship from that date and have evidenced that
Agreement by their execution of this Agreement.

4. APPOINTMENT OF OPERATOR

     Shannon is appointed as Operator with respect to all operations conducted
hereunder and is authorized to deal with the Rally on behalf of Manor in respect
of all matters arising out of the drilling of the Test Wells. Shannon will use
reasonable efforts to have Manor assigned into the Operating Procedure. If
Shannon is unable to have Manor assigned into the Operating Procedure, Shannon
shall hold Manor's earned interest in trust for Manor.

5. OPERATIONS

     It is the express intent of Shannon and Manor that the terms of the
Operating Procedure, attached hereto, shall apply, mutatis mutandis, with
respect to all operations pursuant to the Operating Procedure, as if such
operations were for the joint account under the Operating Procedure and Manor
having all the rights, benefits and obligations of a Joint Operator.

6. TERM

     This Agreement shall remain in effect between Shannon and Manor until such
time as the Lands subject to this Agreement have been drilled and Manor has
earned its interest or terminated.

7. PARTICIPATING AND EARNING INTERESTS

Except as otherwise provided, Manor shall:

     a)   Participate with Shannon in the drilling, completing and or
          abandonment of the first two (2) Test Wells drilled on Oil and Gas
          Permit 96-06 by paying Shannon's 25% Working Interest share of the
          cost of drilling, completing and or abandoning the first two (2) Test
          Wells.

     b)   Earn up to a maximum of a five (5%) percent working interest in Oil
          and Gas Permit 96-06 at a rate of one (1 %) percent working interest
          for every Sixty thousand ($60,000.00) dollars Canadian spent in the
          drilling, completing and or abandoning the Test Wells to a maximum of
          Three Hundred Thousand ($300,000.00) dollars Canadian.

     c)   Not withstanding the above, should Shannon's share of drilling
          completing and or abandoning the Test Wells not reach the Maximum of
          Three Hundred Thousand ($300,000.00) dollars, Manor shall continue to
          pay for Shannon's 25% share of any additional exploratory to be
          conducted on Oil and Gas Permit 96-06 until the maximum amount of
          $300,000.00 is reached.

     d)   Payment of the 25% shall be by payment within five (5) working days of
          execution of this Agreement of the cash call attached hereto as
          Exhibit "B" in the amount of One Hundred and Eighty ($180,000.00)
          dollars Canadian and the balance of One Hundred and Twenty Thousand
          ($120,000.00) dollars Canadian to be paid within ten (10) working days
          of receipt by Shannon of first cash call ($180,000.00)

     e)   Failure to pay the $180,000.00 cash call within the 5 day period will
          automatically terminate this agreement and Manor shall forfeit its
          right to earn an interest herein.

     f)   Failure to pay the second cash call of $120,000.00 within the 10 day
          period shall automatically terminate the right of Manor to earn the
          additional two (2%) working interest.

     g)   Upon earning its 5% working interest or portions thereof pursuant to
          this Agreement Manor shall bear its working interest share of all
          future operations to be conducted on Oil and Gas Permit No. 96-06.

For Clarity only:
         Pay:                                Earn in Test Wells and Joint Lands
         ----
         Manor:      25% (Max $300,000.00)                  5.0%
         Shannon:     0%                                   20.0%

8. NOTICE
     As between the parties any periods of notice specified in the Operating
Procedure shall be lengthened or shortened by one-half as the case may be, in
order to enable the parties to comply with the provisions of the Operating
Procedure.

9. FURTHER ASSURANCES
     Each of the parties shall at all times do all such further acts and deliver
all such further deeds and documents as shall be reasonably required in order to
fully perform and carry out the terms of this Agreement.

10. OTHER ENCUMBRANCES
     Except as hereinafter provided, if the interest of any party in the Joint
Lands is or are, now or hereafter shall become encumbered by any royalty,
production payment or other charge of a similar nature, other than the royalties
set forth under the terms of the Title Documents covering such lands, such
royalty, production payment or other charge shall be charged to and paid
entirely by the party whose interest is or becomes thus encumbered.

11. ASSIGNMENT
     Manor may not assign a portion of its interest in this Agreement to a third
party prior to earning or during earning without the prior written consent of
Shannon.

12. ADDRESSES FOR SERVICE
     All notice, reports and other correspondence required or given under the
terms of this Agreement shall be deemed to have been properly served if
delivered to the following addresses:

      Shannon International Resources Inc.       American Manor Enterprises Inc.
      Suite 2900, 500 4th Avenue SW              17 Prince Street Unit #202
      Calgary, Alberta                           Dartmouth, Nova Scotia
      T2P 2V6                                    B2Y 4L3

      Attention: Blair Coady                     Attention: Bill MacPherson

13.  MISCELLANEOUS

13.01 The Appendices and Schedules attached hereto are incorporated unto and
fonIl a part of this Agreement. In the case of any inconsistencies between the
body of this Agreement and the Appendices and Schedules, the body of this
Agreement shall in each and every instance prevail.

13.02 This Agreement shall enure to the benefit of and be binding on the parties
hereto and their respective successors and permitted assigns and upon the heirs,
executors, administrators and assigns of natural persons who are or become
parties hereto.

13.03 This Agreement and the relationship between the parties shall be construed
and determined according to the laws of the Province of Alberta and the courts
of the Province of Alberta shall have exclusive original jurisdiction with
respect to any matter or thing arising directly or indirectly relating to this
Agreement and each party by its execution of this Agreement does hereby attorn
to the jurisdiction of the said courts.

13.04 This Agreement may be executed in counterpart and when each party has
executed a counterpart, all counterparts together shall constitute one
agreement.

13.05 The headings of clauses of this Agreement are inserted for convenience of
reference only and shall not affect the meaning or construction thereof.

13.06 Whenever the plural or masculine or neuter is used in this Agreement, the
same shall be construed as meaning singular or feminine or body politic or
corporate and vice versa where the context so requires.

13.07 This Agreement supercedes all other agreements, documents, writings and
verbal understandings among the parties relating to the Lands.

IN WITNESS WHEREOF the parties hereto have caused this Agreement to be executed
as of the day and year first above written.

SHANNON INTERNATIONAL RESOURCES INC

Per:  /s/ Blair Coady
----------------------------
President & CEO

AMERICAN MANOR ENTERPRISES INC.

Per:  /s/ Bill McacPherson
-----------------------------------

Appendix" A"

To an Agreement dated November 22, 2002 between Shannon International
Resources Inc. and American Manor Enterprises Inc.

                            JOINT OPERATING AGREEMENT

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