Document:

LOAN AGREEMENT

LOAN AGREEMENT

between

Auto Photo Kiosk GmbH i.G

Bonn

Represented by the Business Manager

Mr. Joachim Zweifel

- Hereinafter referred to as the "Borrower" -

and

Spectre Industries Inc.

North Vancouver, CANADA

Represented by the Business Manager

Mr.

- Hereinafter referred to as the "Lender" -

 

 

Section 1

The Lender grants the Borrower a loan for the total amount of 264,000 Euros ( in words:

Two hundred and sixty-four thousand Euros).

Section 2

The loan amount will be made available to the Borrower at the request of the Business Manager of the Borrower, also in partial amounts.

Section 3

As of the day of the payment, the interest rate will be 1% per annum higher than the basic rate of the European Central Bank.

The Borrower will, for the first interest payment, pay the interest at the end of the Borrower's financial year following the date of the issuing of the loan. After that, the interest is payable at the end of each six-month period. 

Section 4

The loan may be redeemed by giving a six months notice period at the end of the calendar year. A redemption notice date before December 31, 2003 is not possible.

An early repayment by the Borrower is allowed at any time.

Bonn,_________________

 

Auto Photo Kiosk Gmbh i.G.

______________________

Joachim Zweifel

Spectre Industries Inc.

______________________EXHIBIT 10.2

                                  EDWARDS COUNTY

                     AMENDMENT TO OIL, GAS AND MINERAL LEASE

STATE:     TEXAS

COUNTY:    EDWARDS

Lessors:   Roy William Baker, Jr.,  Individually and Executor and
           Trustee of the Roy W. Baker, Sr. Estate; and Margaret Ruth Baker,
           Individually and as
           Remainderman
           c/o P. O. Box 425
           Rocksprings, Texas 78880

Lessee:    Ness Energy International, Inc.
           4201 I-20 Service Road
           Willow Park, Texas 76087

Effective
Date:      May 27, 2001

Lessee, named above, is the present owner and holder of the Oil and
Gas Lease (the "Lease") dated May 27, 2001, executed by Lessors,
named above, recorded in Volume 190, Page 645, of the Official Public
Records of the Edwards County, Texas.

At the time this Lease was entered into, the description of lands
contained in the Lease was believed by Lessors and Lessee to cover,
and was intended by them to cover, all the lands and interest
applicable and owned by Lessor.

Since the execution, delivery, and recording of the Lease, it has
been discovered that the description of lands contained in the Lease
did not adequately describe all of the lands Lessors intended to
lease to Lessee.  It is the desire of Lessors and Lessee to amend the
description of lands contained in the Lease to accurately identify
all of the lands to be covered by and subject to the terms of the Lease.

For adequate consideration, and the further consideration of the
obligations and agreements contained in the Lease, Lessors
acknowledge and agree that the Lease is amended and the description
of the lands to be included in and covered by the Lease is changed so
that the Lease covers and includes the following lands (the "Lands")
in the county and state named above:

Abstract #     Certificate     Survey     Original Grantee     Description

714            1/617             43       B.S.&F               177.12 acres

1354           28/146            19       Wash. Cnty. Ry. Co.  North 166.34
                                                               acres

1705           28/146            20       Wash. Cnty. Ry. Co.  South 167.37
                                                               acres

Lessors ratify, adopt, and confirm the Lease and extend the Lease to
cover the Lands, to the same extent as if the Lands had been
originally included in the Lease.  Lessors grant, demise, lease, and
lets to Lessee, its successors and assigns, the Lands for the
purposes and upon the terms, conditions and provisions as contained
in the Lease.

This Amendment shall be binding for all purposes on Lessor and
Lessor's successors, heirs and assigns.

This Amendment is signed by Lessors as of the date of acknowledgment
of their signatures below, but is effective for all purposes as of
the Effective Date stated above.

IN WITNESS WHEREOF, this instrument is executed on the date first
above written

s/s Margaret Ruth Baker                      s/s Roy William Baker, Jr.
Margaret Ruth Baker, Individually            Roy William Baker, Jr.,
                                             Individually and Executor and
                                             Trustee of the Roy W. Baker Sr.

ACKNOWLEDGEMENT

STATE OF TEXAS
COUNTY OF EDWARDS

This instrument was acknowledged before me on the 29th day of June,
2001, BY Roy William Baker, Jr., in the capacities therein stated.

s/s  Maria Rico
Notary Public, State of TexasEXHIBIT 10.3

                                                                 Edwards County

                            ASSIGNMENT OF OIL AND GAS LEASE

WHEREAS, Ness Energy International, Inc., is the owner of that
certain Oil and Gas Lease dated May 27, 2001 from Roy William Baker,
Jr., Individually and Executor and Trustee of the Roy W. Baker Sr.
Estate, as Lessor, to Ness Energy International, Inc., as Lessee,
recorded in Volume 190, Page 645, Official Public Records, Edwards
County, Texas ("the Lease") covering the following described land,
among other lands, in the County of Edwards and The State of Texas,
to-wit:

Abstract #    Certificate    Survey    Original Grantee    Description

1354            28/146         19      W.C. Ry.            North 166.34 acres
2716             1/617         44      B.S.&F.             167.54 ac.
 836              1463          9      E.L.&R.R. Ry.Co.    469.5 acres
2975              1463         10      E.L.&R.R. Ry Co.    14.0 acres
1351            28/110         13      Wash. Cnty. Ry. Co. All of the S/2 being
                                                           320 acres, more or
                                                           less
1686            28/110         14      Wash. Cnty. Ry. Co. 593.7 acres
 717             1/620         49      B.S.&F.             All of the
                                                           westernmost
                                                           300 acres
                                                           Being 2031.08 acres,
                                                           more or less.

AND WHEREAS, Ness Energy International, Inc., hereinafter called
Assignor, desires to assign the Lease to Fairway Links Energy, Inc.,
hereinafter called Assignee insofar as said lease covers the
described lands, subject to the terms and conditions hereinafter made.

NOW THEREFORE, for and in consideration of Ten Dollars (and other
good and valuable consideration), the receipt of which is hereby
acknowledged, the undersigned, the present owner of the Lease and all
rights thereunder or incident thereto, does hereby bargain, sell,
transfer, assign and convey all rights, title and interest of the
original Lessee and present owner in and to the Lease and rights
thereunder, together with all personal property used or obtained in
connection therewith to Fairway Links Energy, Inc., 4925 Greenville
Avenue, Suite 900, Dallas, Texas 75206 and its successors and assigns
subject to the following provisions:

1.  As consideration for the assignment by Assignor to Assignee of the
Lease herein assigned, Assignor does hereby agree to save and hold
Assignee, its successors and assigns, harmless of and from any and
all losses, liabilities, costs, fees, expenses and other
obligations arising out of or incident to the Lease herein assigned
arising under and with respect to any and all previous letter
agreements, provisions, or documents pertaining to any area of
mutual interest, prospect, or related concept, previously agreed to.

2.  Assignors, individual and on behalf of its predecessors in title to
the Lease, as same maybe hereinafter amended and ratified between
Lessor and Assignee, herein convey all rights to the said Lease and
expressly disclaim any and all liability or other obligation with
respect thereto.  Further, Assignors assign and disclaim any right,
title, and interest (whether contractual, at law, equitable or
otherwise) in and to the Lease, any and all rights of conveyance,
drilling rights, reversionary rights, or any other claim to the
Lease or contracts related thereto.
3.  Assignor agrees to indemnify and hold Assignee, its successors and
assigns, harmless from any and all claims, demands, loss, risk or
expense, incident to or resulting from Assignor's use and
operations on the premises assigned hereby from and after the
Effective Time as hereinafter defined.

4.  Assignor does hereby agree to assume, be bound by and subject to
Assignee's express and implied covenants, rights, obligations and
liabilities with respect to the Lease, and should it be necessary,
prudent or requested by Assignee, Assignor will further execute
documentation to clarify, revoke, quit claim or convey any right
not expressly covered herein.

And for the same consideration, the undersigned Assignor does
covenant with the said Assignee, its successors and assigns, that
Ness Energy International, Inc.,  is the lawful owner of the Lease
and rights and interests thereunder and of the personal property
thereon or used in connection therewith; that the undersigned has
good right and authority to sell and convey the same, and that said
rights, interest and property are free and clear from all liens and
encumbrances, and that all rentals and royalties, if any, due and
payable thereunder have been duly paid.

IN WITNESS WHEREOF, this instrument is executed this 6th day of July,
2001, but is effective as of 7:00 A.M. at the location of the
properties on May 27, 2001 ("Effective Time").

                                          Ness Energy International, Inc.

                                          By:   s/s Hayseed Stephens

ACKNOWLEDGMENT

STATE OF TEXAS

COUNTY OF PARKER

This instrument was acknowledged before me on July 6th, 2001 by
Hayseed Stephens, in his capacity as President of Ness Energy
International, Inc.

s/s Carol S. Moon
Notary Public, State of Texas

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