EXHIBIT 10.25
 
                                PROMISSORY NOTE
                (With rights of conversion to shares of stock)


$100,000.00                                               Date: October 21, 1995

For value received the undersigned Corporation (the "Promisor") promises to pay 
to the order of George Liszicasz or his designee (the "Payee"), through the 
U.S./Canadian mail at Vancouver, BC (or at such other place the Payee may 
designate in writing) the sum of $100,000.00 plus interest on or before March 1,
1996.

The terms of this note provide for interest payable at the rate of 0%; with this
note due and payable on or before March 1, 1996.

No renewal or extension of this Note, delay in enforcing any right of the Payee 
under this Note, or assignment by Payee of this Note shall affect the liability 
of the Promisor. All rights of the Payee under this Note are cumulative and may 
be exercised concurrently or consecutively at the Payee's option.

If any one or more of the provisions of this Note are determined to be 
unenforceable, in whole or in part, for any reason, the remaining provisions 
shall remain fully operative.

All payments of this Note shall be paid in the legal currency of the United 
States.

Promisor waives presentment for payment, protest, and notice of protest and 
nonpayment of this Note.

This Note at the option of the Payee, may be converted to shares of common 
restricted stock at 50% of the Bid price, upon the proposed reorganization of 
the Promisor/or its successor as a public corporation.

Signed this 21 day of October, 1995 at Vancouver, British Columbia.

PINNACLE OIL, INC.
(A Nevada corporation)

by [SIGNATURE ILLEGIBLE]
    -------------------
President

 
                                PROMISSORY NOTE
                (With rights of conversion to shares of stock)

                                                          Date: October 21, 1995

For consulting services in lieu of wages the undersigned Corporation (the
"Promisor") promises to pay to the order of George Liszicasz or his designee
(the Payee"), through the U.S./Canadian mail at Vancouver, BC (or at such other
place the Payee may designate in writing) a maximum cummulative sum of
$27,000.00, calculated at the rate of $4,500.00 per month, plus interest
commencing from September 1, 1995 up to April 30, 1996, on or before March 1,
1996.

The terms of this note provide for interest payable at the rate of 0%; with this
note due and payable on or before March 1, 1996.

No renewal or extension of this Note, delay in enforcing any right of the Payee 
under this Note, or assignment by Payee of this Note shall affect the liability 
of the Promisor. All rights of the Payee under this Note are cumulative and may 
be exercised concurrently or consecutively at the Payee's option.

If any one or more of the provisions of this Note are determined to be 
unenforceable, in whole or in part, for any reason, the remaining provisions 
shall remain fully operative.

All payments of this Note shall be paid in the legal currency of the United 
States.

Promisor waives presentment for payment, protest, and notice of protest and 
nonpayment of this Note.

This Note at the option of the Payee, may be converted to shares of common 
restricted stock at 50% of the Bid price, upon the proposed reorganization of 
the Promisor/or its successor as a public corporation.

Signed this 21 day of October, 1995 at Vancouver, British Columbia.

PINNACLE OIL, INC.
(A Nevada corporation)

by [SIGNATURE ILLEGIBLE]
    -------------------
President

 
                                PROMISSORY NOTE
                (With rights of conversion to shares of stock)

                                                          Date: October 21, 1995

For consulting services in lieu of wages the undersigned Corporation (the 
"Promisor") promises to pay to the order of R. Dirk Stinson or his designee (the
Payee"), through the U.S./Canadian mail at Vancouver, BC (or at such other 
place the Payee may designate in writing) a maximum cummulative sum of 
$27,000.00, calculated at the rate of $4,500.00 per month, plus interest, 
commencing from September 1, 1995 up to April 30, 1996, on or before March 1, 
1996.

The terms of this note provide for interest payable at the rate of 0%; with this
note due and payable on or before March 1, 1996.

No renewal or extension of this Note, delay in enforcing any right of the Payee 
under this Note, or assignment by Payee of this Note shall affect the liability 
of the Promisor. All rights of the Payee under this Note are cumulative and may 
be exercised concurrently or consecutively at the Payee's option.

If any one or more of the provisions of this Note are determined to be 
unenforceable, in whole or in part, for any reason, the remaining provisions
shall remain fully operative.

All payments of this Note shall be paid in the legal currency of the United 
States. 

Promisor waives presentment for payment, protest, and notice of protest and 
nonpayment of this Note.

This Note at the option of the Payee, may be converted to shares of common 
restricted stock at 50% of the Bid price, upon the proposed reorganization of 
the Promisor/or its successor as a public corporation.

Signed this 21 day of October, 1995 at Vancouver, British Columbia.

PINNACLE OIL, INC.
(A Nevada corporation)


by [SIGNATURE ILLEGIBLE]
    -------------------
President