Blair Coady
Shannon International Resources Inc.
4020-7th Street, S.E.
Calgary, Alberta
T2G 2Y8
Aug 18, 2000
Dear Mr. Coady:
CMB Energy Corp. hereby grants an extension to the dates agreed upon in our
Letter of Agreement dated February 18, 1999. Shannon International Resources'
option to earn 12.5% working interest in Block 96-06 as outlined in Term 2 of
that agreement is extended to August 18, 2001. The further option as outlined in
Term 3 of the agreement is extended to August 18, 2002.
Sincerely,
/s/ Darrin Campbell
Darrin Campbell
CMB Energy Corp.
President
