Document:

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                                                                   EXHIBIT 10.32

                                 PROMISSORY NOTE

                         (Installment Note - Short Form)

         FOR VALUE RECEIVED, the undersigned jointly and severally promise to
pay to the order of REGAL OPERATING CORPORATION the sum of SIXTY EIGHT THOUSAND
& NO/100 ($68,000.00) Dollars, together with interest thereon at the rate of
10% per annum on any unpaid balance.

         Said sum, inclusive of interest, shall be paid in TWO installments of
$22,000.00 each, * with FINAL payment due 30JUN, 2003.

         All payments shall be first applied to accrued interest and the balance
to principal. The undersigned reserves the right to prepay this note in whole or
in part without penalty.

         This note shall be fully payable upon demand of any holder in the event
the undersigned shall default in making any payments due under this note within
10 days of its due date.

         In the event of any default, the undersigned agree to pay all
reasonable attorney fees and costs of collection to the extent permitted by law.
This note shall take effect as a sealed instrument and be enforced in accordance
with the laws of the payee's state.

DATED:   6/30/99                        P & A REMEDIATION, LLC.

                                        By: /s/ RICHARD C. SMITH
                                           -------------------------------------
                                                RC Smith, Mgr.

o    FIRST INSTALLMENT DUE 6/30/01

o    SECOND INSTALLMENT DUE 6/30/02<PAGE>   1
                                                                   EXHIBIT 10.33

                                      NOTE

     FOR VALUE RECEIVED, the undersigned promise to pay to the order of REGAL
OPERATING CORPORATION, the sum of TWENTY FOUR THOUSAND ($24,000.00), Dollars,
with annual interest of 9% on any unpaid balance.

     This note shall be paid in 1 installment of $24,000.00 each with a first
payment three years from date hereof, provided the entire principal balance and
any accrued but unpaid interest shall be fully paid on or before August 1, 2002.
This note may be prepaid without penalty. All payments shall be first applied to
earned interest and the balance to principal.

     This note shall be due and payable upon demand of any holder hereof should
any payment due hereunder not be made within 10 days of its due date. All
parties to this note waive presentment, demand and protest, and all notices
thereto. In the event of default, the undersigned agree to pay all costs of
collection and reasonable attorneys' fees to the extent permitted by law. The
undersigned shall be jointly and severally liable under this note.

     Signed this 1 day of August, 1999.

In the presence of:                                 P & A REMEDIATION, LLC.

   /s/ Laura Walker                                 by /s/ Richard C. Smith
-----------------------                                ------------------------
                                                       Maker  Manager

        SECURITY FOR NOTE IS OIL & GAS LEASEHOLD ESTATE ON THE GRACE BELL
        LEASE RRC 28023/4 IN ARCHER COUNTY, TEXAS. GRANTOR HEREBY GRANTS
                           SECURITY INTEREST IN SAME.<PAGE>   1
                                                                   EXHIBIT 10.34

                                    CONTRACT

         THIS CONTRACT AND AGREEMENT, made and entered into as if, although not
necessarily on, on this day of 15th day of October, 1999 by and between Seller,
DANIEL BOHNSACK, President of Pierce Pipe and Supply Inc., party of the first
part, and Buyer, P & A REMEDIATION, LLC., as Assignee of inventory and trade
name; and SIMPCO, INC., as Assignee of leasehold and personal property; parties
of the second part:

         WITNESSETH:

         THAT for and in consideration of the sum of $60,000.00, to be paid and
delivered by second parties to first party in the manner hereinafter expressed,
first party agrees to sell and convey to second parties, and second parties
agree to purchase of and from first party, the following described buildings
formerly known as Pierce Pipe and Supply situated in Nowata County, Oklahoma,
on the following buildings located on real estate described as follows, to-wit:

         210 E. Modoc and 201 E. Modoc, Nowata, Oklahoma 74048

         IT IS FURTHER AGREED that first party will convey property to second
parties by virtue of quit claim deed and bill of sale the inventory sales
rights and local operating name and accounts to P & A REMEDIATION, LLC.; and
the leasehold rights and all right, title, and interest in an to all personal
property thereon located to SIMPCO, INC. It is further agreed that the second
party shall lease the premises for $300.00 p/month until RR lease approved.

         IT IS FURTHER AGREED that this contract is subject to lease
obligations to Union Pacific, as shown by Exhibit "A" attached, and that first
party owns the buildings only and not the realty.

         IT IS FURTHER AGREED that second party may be entitled to possession
of said premises on signing of contract.

         IT IS FURTHER AGREED that the closing date for this transaction has
been set for on or before the 15th day of January, 2000.

         IT IS FURTHER AGREED that first party is to make repairs to the roof
on or before October 28, 1999, and completed by January 15, 2000.

         IT IS FURTHER AGREED that second parties have on this date paid a down
payment in the amount of $2,500.00. The said down payment is non-refundable. A
payment of $10,000.00 is due on or before January 1, 2000, payment of
$10,000.00 due on or before March 1, 2000, remainder of balance due shall be
paid on or before December 31, 2000 all pursuant to documents to be executed at
closing.

         IT IS FURTHER AGREED that second parties agree not to sell inventory
consisting generally and specifically as shown on Exhibit "B", or the pipe
threading machines (Lander and Bignal-Keeler), and heads, until $30,000.00 of
the purchase price has been paid, except for everyday business use. This
provision is designed to keep the majority of inventory intact until

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at least $30,000.00 of contract price has been paid. The first party is given
the right to review the premises, equipment, and inventory in stock to
periodically make sure the contract terms are complied with. This $30,000
payment limit does not apply to any miscellaneous sales of small items in store
inventory. Upon such sale, the parties of the second part shall remit fifty
(50) percent of the sales price of said inventory to the party of the first
part as partial payment on the total $60,000 sales price.

         IT IS FURTHER AGREED that this contract be binding upon the heirs,
legal representatives and assigns of the parties hereto.

         IT IS FURTHER AGREED that the premises are to be sold in an "AS IS"
condition and this contract is subject to the attached Exhibits A & B, (which
is a partial inventory list).

         IT IS FURTHER AGREED that second parties shall grant a security
interest in 1977 International Truck VIN#___  _______________  ____ with a
single pole drilling mounted on the bed.

         IT IS FURTHER AGREED that in the event of a breach of contract the
party committing the breach shall be obligated to pay to the other party
reasonable attorney fees, damages, and costs.

         THERE BEING NO FURTHER AGREEMENTS, witness our hands as if (although
not necessarily on) this 15th day of October, 1999.

PARTIES OF THE SECOND PART:                         PARTY OF THE FIRST PART:

         P & A REMEDIATION, LLC.

         By:   /s/ Richard C. Smith                     /s/ Daniel C. Bohnsack
           --------------------------               ----------------------------
         Richard C. Smith, Mgr.                     Daniel Bohnsack, President
                                                    Pierce Pipe and Supply, Inc.

         SIMPCO, INC.

         By:   /s/ B. Walker
           --------------------------
               Bryan L. Walker, Pres.<PAGE>   1
                                                                   EXHIBIT 10.35

$100,000.00 USD                              Lewisville, Texas, November 4, 1999

                                 PROMISSORY NOTE

     FOR VALUE RECEIVED, the undersigned promises to pay to the order of Dennis
Odom, the sum of One Hundred Thousand ($100,000.00) Dollars, together with
interest thereon at the rate of 5% per annum on any unpaid balance.

     Said sum, inclusive of interest, shall be payable in one payment including
principal and accrued interest one hundred eighty (180) days from this date on
May 2, 2000. The undersigned reserves the right to prepay this note in whole or
in part without penalty. All payments shall be first applied to accrued interest
and the balance to principal.

     This note shall be secured by an interest in personal property and
contracts described in a security agreement executed of even dates between the
parties.

     This note shall be fully payable upon demand of any holder in the event the
undersigned shall default in making any payments due under this note within ten
(10) days of its due date.

     In the event of any default, the undersigned agree to pay all reasonable
attorney fees and costs of collection to the extent permitted by law. This note
shall take effect as a sealed instrument and be enforced in accordance with the
laws of the payee's state.

Dated: November 4, 1999                  BASIC TECHNOLOGIES, INC.

                                         By: /s/ BRYAN L. WALKER
                                             -----------------------------------
                                             Bryan L. Walker,
                                             Chief Executive Officer

                                         By: /s/ RICHARD C. SMITH
                                             -----------------------------------
                                             Richard C. Smith,
                                             Chief Financial Officer

Payee: Dennis Odom
       10832 Prospect Ave. NE
       Albuquerque, NM 87112

Payor: Basic Technologies, Inc.
       1026 West Main Street, Suite 208
       Lewisville, Texas 75067

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