Document:

Filed by Automated Filing Services Inc. (604) 609-0244 - Exploration Drilling International Inc. - Exhibit 10.08

[Page 1]

Managing Director Contract 

between 

EDI exploration drilling International GmbH i.G. 

represented by its shareholders 

- in the following the “Company” –

and 

Mr. Günther Thiemann, MBA

- in the following the “Managing
director –

Paragraph 1 
Responsibilities and Duties

	 	1. 	
      Mr. Günther Thiemann is managing director of the company.
      He represents the company pursuant to the provisions of the shareholders’
      agreement of the company, as well as the stipulations of the
      shareholders.

	 	 	 
	 	2. 	
      The company may appoint additional managing directors.
      The shareholders determine the distribution of responsibilities among the
      managing directors.

	 	 	 
	 	3. 	
      The managing director conducts the business pursuant to
      the laws, the shareholders’ agreement, possible rules of procedure for the
      management, as well as the stipulations of the
  shareholders.

Paragraph 2 
Duration of Contract

	 	1. 	
      This contract takes effect on January 01, 2005.

	 	 	 
	 	2. 	
      This contract is entered for an indefinite
  period.

	 	3. 	
      This contract may be terminated by each party with six
      months notice to the end of a calendar quarter.

	 	 	 
	 	4. 	
      The termination of this contract must be in writing. The
      termination on the side of the managing director has to be explained, if
      there is another managing director, to the company, otherwise to the
      shareholder with the largest equity interest in the company. The
      termination on the part of the company is executed by means of a written
      notification of a corresponding decision by the
company.

[page 2]

	 	5. 	
      Upon a due or exceptional termination of this contract,
      regardless by which party, the company is entitled to release the managing
      director from his duty to perform his job effective immediately.

	 	 	 
	 	6. 	
      This contract ends without notice at the end of the
      month, in which the managing director is entitled to receive a pension for
      the first time. If this point in time is before the completion of the age
      of 65, the contract ends at the end of the month, in which the managing
      director completes his 65th year.

	 	 	 
	 	7. 	
      The appointment of the managing director to managing
      director may be revoked by the company at any time, notwithstanding his
      claim for compensation from this contract. The revocation constitutes the
      termination of this contract for the next possible point in
  time.

Paragraph 3 
Compensation

The managing director will not receive any compensation for his
services until March 31, 2005. Depending on the financial status of the company
at the beginning of the second quarter of 2005, the shareholders will make a
decision regarding the compensation.

Paragraph 4
Remunerations in Case of Sickness, Death,
Accident

	 	1. 	
      In case of a temporary inability of the managing director
      to work, which occurs for reasons outside of the realm of responsibility
      of the managing director, the compensation will continued to be paid
      according to Paragraph 3 for this period until 31/12/2005 for three
      months, thereafter for six months, that is with a subtraction of an amount
      which corresponds to the sickness benefit paid by the health insurance.
      The continued

	 		
      payment of the compensation, however, is made longest
      until the termination of this contract.

	 	 	 
	 	2. 	
      In case of death of the managing director during the
      duration of this contract, his widow and his children, in as far as they
      have not completed the age of 25 and are still learning a profession, are
      entitled as group obligee to receive continued payment of the compensation
      according to Paragraph 3 for the month of death and the three subsequent
      months.

	 	 	 
	 	3. 	
      The company will take out an accident insurance for the
      managing director to the extent customary for managing
  directors.

Paragraph 5 
Vacations

The managing director is entitled to an annual vacation
according to the German Federal Vacation with Pay Act [“Bundesurlaubsgesetz”].
The intended vacation time has to be coordinated with the senior managing
director, if such a position exists, otherwise with the other managing
directors, if no additional managing directors are appointed, with the
shareholder with the highest equity interest in the company.

[page 3]

Paragraph 6 
Provision for Old Age and Survivors

The provision for old age and survivors for the managing
director is determined according to the provisions of the pension plan of the
company, if applicable. Otherwise the legal regulations will apply.

Paragraph 7 
Other Benefits

	 	1. 	
      In as far as the company provides a company car to the
      managing director for his job within the scope of this contract, which he
      may also utilize for private purposes, the managing director pays the
      income tax for the fiscal benefit of the private use. Paragraph 11 applies
      correspondingly.

	 	 	 
	 	2. 	
      The reimbursement for expenses, which the managing
      director incurs in the course of exercising his responsibilities within
      the scope of this contract, including travel and entertainment expenses,
      is in each case determined by the applicable company guidelines. In as far
      as such guidelines don’t exist yet, such expenses have to be reimbursed by
      the

company, in as far as the shareholders
decide on this, or the expenses do not exceed the customary appropriate
scope.

Paragraph 8 
Prohibition of Competition

For the duration of this contract the managing director will
not indirectly or directly participate in companies which are competitors of the
company, or with which the company maintains a business relationship. An
infringement of this prohibition of competition constitutes an important reason
for termination of the contract without notice. In case of a termination without
notice for this reason, any claims of the managing director against the company
under this contract are null at the point in time of the termination notice.

Other provisions only apply in case the shareholders have
released the managing director form the prohibition of competition.

Paragraph 9 
Post-contractual Prohibition of Competition

For the duration of two years after termination of this
contract, the managing director commits to not work for a company in any form or
manner, which is active in the area of business of the company, as well as not
to do any business in this area of business for himself, or on behalf of a third
party, and not to purchase any indirect or direct participations in a company,
which is active in the area of business of the company, without the permission
of the shareholders.

[page 4]

Paragraph 10
Confidentiality

The managing director is bound to observe the strictest secrecy
regarding all company matters towards third parties. This obligation also
remains in force after leaving the company.

Paragraph 11 
Records

When leaving the company, or when released from his duty to
work pursuant to Paragraph 2, section 5 of this contract, the managing director
is obliged to immediately return all documents, correspondence, records, drafts
and the like, 

which concern the affairs of the company and which are still in
his possession to the company.

The managing director is not entitled to claim a right to
retain such documents, or to make transcriptions or copies thereof. In case he
produced such transcriptions or copies, they do have to be returned to the
company as well.

Paragraph 12 
Final Clause

	 	1. 	
      If one of the provisions of this contract should be or
      should become ineffective, the effectiveness of the remaining provisions
      is not affected thereby. The parties are obliged to replace the
      ineffective provision with an effective provision, which achieves the
      economic results of the ineffective provision to the utmost
  degree.

	 	 	 
	 		
      The same applies if a gap in a contract should become
      evident. In this event, such a gap has to be closed by such a provision,
      which the parties would have selected, if they had taken this into
      consideration right from the start.

	 	 	 
	 	2. 	
      In order to become effective, modifications or amendments
      to this contract must be made in writing. This also applies to the
      amendment or the waiver of the written form requirement. In so far binding
      acknowledgements will also only become effective, if they have been
      confirmed by the company at least in writing.

	[Signature] 	  
	[Signature] 	[Signature] 
	Company 	Managing DirectorFiled by Automated Filing Services Inc. (604) 609-0244 - Exploration Drilling International Inc. -  Exhibit 10.09

LOAN AGREEMENT

between

EDI Exploration Drilling International GmbH 
represented by
the managing directors 
Rainer Rotthäuser and Günter Thiemann

Goethestrasse 61, 45721 Haltern am See

     - in the following referred to as
lender -

and

Mr. 

  Günter Thiemann 

  Käthe-Kollwitz-Strasse 23, 33428 Harsewinkel

- in the following referred to as borrower -

§ 1 Granting of loan

	(1) 	
      The lender grants the borrower a loan in the amount
    of

	 	Euro                                 
       25,000.00 
	 	(in words: Euro twenty five thousand)

	(2) 	
      The loan shall be paid out on 23/12/2005 transfer into
      the borrower’s account at Volksbank Harsewinkel eG, branch code 478 615
      18, account 501 442 800.

§ 2 Interest, term and repayment of loan

	(1) 	
      The annual interest payable on the loan shall be 6.0
      %.

	(2) 	
      The term of the loan shall be approximately 6 months,
      ending on 30/06/2006.

	(3) 	
      Repayment of the loan including interest is due on
      30/06/2006 into the lender’s account at the Volksbank Haltern eG, bank
      code 426 613 30, account number 199 188 900.

§ 3 Early repayment

The borrower is entitled to repay the loan including
accumulated interest in one lump sum at any time, including before the end of
the term of the loan. A prepayment penalty shall not be due.

§ 4 Extraordinary right of cancellation

The lender is entitled to recall the loan effective
immediately, if the borrowers’ financial circumstances deteriorate considerably,
thus putting the claim of repayment at risk.

	Signature 	 	Signature 
	EDI Exploration Drilling International GmbH 	 	Borrower 

1

§ 5 Securities

The borrower irrevocably transfers all of his claims as
managing director or shareholder from any benefits, to which he is entitled,
(salary claims, profit distributions, new shares issued, profit and loss
transfers, liquidation proceeds, etc.) to the lender.

§ 6 Supplementary agreements, amendments, severability,
executed copies

	 	(1) 	
      There are no supplementary agreements. Amendments,
      additions as well as deletions of individual provisions of this agreement
      must be made in writing in order to be effective.

	 	 	 
	 	(2) 	
      Should individual provisions of this agreement be
      invalid, the remainder of the agreement shall not be affected. In this
      case, the parties to the agreement are required to assume that a
      replacement provision has been agreed to, which fulfils the economic
      purpose of the invalid provision as much as possible.

	 	 	 
	 	(3) 	
      This contract shall be issued in duplicate. The lender
      and the borrower shall each receive a copy signed by both parties to the
      agreement.

Haltern, December 23, 2005

	Signature          
      Signature 	 	Signature 
	 	 	  
	EDI Exploration Drilling International GmbH 	 	Günter Thiemann 
	Rainer Rotthäuser und Günter Thiemann 	 	  
	- Lender - 	 	- Borrower - 

	Signature          
      Signature 	 	Signature 
	 	 	 
	EDI Exploration Drilling International GmbH 	 	- Borrower - 

2

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00123-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00123-of-00352.parquet"}]]