0001021890-02-000195 Sample Contracts

AMENDMENT TO ASSET PURCHASE AGREEMENT
Asset Purchase Agreement • May 10th, 2002 • Fan Energy Inc • Crude petroleum & natural gas

This Amendment to Asset Purchase Agreement (this “Agreement”) is entered into and effective as of May 3, 2002 (the “Execution Date”), by and between Project 1000, Inc., a Nevada corporation with a place of business at 668 North 44th Street, Suite 248, Phoenix, Arizona 85008 (“P1”), on the one hand, and Fan Energy, Inc., a Nevada corporation, with a place of business at 11811 North Tatum Blvd. Suite 3031, Phoenix, AZ 85028 (“FEI”), on the other hand.

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VOTING AGREEMENT
Voting Agreement • May 10th, 2002 • Fan Energy Inc • Crude petroleum & natural gas • Nevada

THIS VOTING AGREEMENT (“Agreement”) is made and entered into in duplicate this 3rd day of May, 2002, by and between Albert Allen Golusin, an individual residing at 10641 N. 44th St, Phoenix, AZ 85028 (“Golusin”), John James Shebanow, an individual residing at 4945 Kingston Way, San Jose, CA 95130 (“Shebanow”) and Project 1000, Inc., a Nevada corporation, its affiliates, assigns, parent and or subsidiary corporations, with a place of business at 668 North 44th Street, Suite 248, Phoenix, Arizona 85008 (“P1”) (collectively referred to herein as the “Party” and or “Parties”).

ASSET PURCHASE AGREEMENT
Asset Purchase Agreement • May 10th, 2002 • Fan Energy Inc • Crude petroleum & natural gas • Nevada

This Asset Purchase Agreement (this “Agreement”) is entered into and effective as of February 19, 2002 (the “Execution Date”), by and between Project 1000, Inc., a Nevada corporation with a place of business at 668 North 44th Street, Suite 248, Phoenix, Arizona 85008 (“P1”), on the one hand, and Fan Energy, Inc., a Nevada corporation, with a place of business at 11811 North Tatum Blvd. Suite 3031, Phoenix, AZ 85028 (“FEI”), on the other hand.

AMENDMENT # 1 TO ASSET PURCHASE AGREEMENT
Asset Purchase Agreement • May 10th, 2002 • Fan Energy Inc • Crude petroleum & natural gas

This Amendment to Asset Purchase Agreement (this “Agreement”) originally contemplated for closing on February 19, 2002 (“the Execution Date”), by and between Project 1000, Inc., a Nevada corporation with a place of business at 668 North 44th Street, Suite 248, Phoenix, Arizona 85008 (“P1”), on the one hand, and Fan Energy, Inc., a Nevada corporation, with a place of business at 11811 North Tatum Blvd. Suite 3031, Phoenix, AZ 85028 (“FEI”), on the other hand.

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