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The administration, client support and accounting
of all direct participations are handled by:

AMTEX GmbH, Steintwiete 18, 20459 Hamburg, Germany (e-mail: amtexgmbh@aol.com),
based on separate administration contract.

AMTEX South Africa cc, 3 Cockburn Close, Glencairn Heights 7975, has been mandated
as exclusive sales agent for the southern Africa region (e-mail:
info@amtex.co.za).

Our participation partners are entitled to a so-called assignment.
This is a certificate of ownership share in a recovery right that
is registered in the relevant County Court (comparable with South
Africa’s Lower Court / Deeds Registry).

Participation in the AMTEX Oil & Gas Inc. oil/gas wells is in US
Dollars. Initial payment is made into a US$ or Euro trust account
in Germany.

As far as expansion drillings are concerned the investment
funds are transferred to a customer investment account with AMTEX
Oil & Gas Inc. Mineral rights (“lease”) expenses and other pre-project
costs will be paid immediately. The balance of approximately 70%
of the investment funds is kept in the investment account until
an independent geologist found the drilling successful. Only then
does AMTEX Oil & Gas Inc. release the balance to the operator for
completion of the well. After completion the assignments can be
procured and signed. They are certified by a notary public of the
state of Texas.
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