RESACA EXPLOITATION, INC. RESTRICTED STOCK AGREEMENTRestricted Stock Agreement • December 23rd, 2009 • Resaca Exploitation, Inc. • Crude petroleum & natural gas • Texas
THIS RESTRICTED STOCK AGREEMENT (the “Agreement”) is made and entered into by and between Resaca Exploitation, Inc., a Texas corporation (the “Company”) and Chris Work, an individual and Employee of the Company (“Grantee”), on the 17th day of July, 2008 (the “Grant Date”), subject to the Resaca Exploitation, Inc. 2008 Stock Incentive Plan (the “Plan”). This Agreement is subject to the terms and conditions of the Plan, which is incorporated herein in its entirety by reference. Capitalized terms not otherwise defined in this Agreement shall have the meaning given to such terms in the Plan.
RESACA EXPLOITATION, INC. RESTRICTED STOCK AGREEMENTRestricted Stock Agreement • December 23rd, 2009 • Resaca Exploitation, Inc. • Crude petroleum & natural gas • Texas
THIS RESTRICTED STOCK AGREEMENT (the “Agreement”) is made and entered into by and between Resaca Exploitation, Inc., a Texas corporation (the “Company”) and Dennis Hammond, an individual and Employee of the Company (“Grantee”), on the 17th day of July, 2008 (the “Grant Date”), subject to the Resaca Exploitation, Inc. 2008 Stock Incentive Plan (the “Plan”). This Agreement is subject to the terms and conditions of the Plan, which is incorporated herein in its entirety by reference. Capitalized terms not otherwise defined in this Agreement shall have the meaning given to such terms in the Plan.
RESACA EXPLOITATION, INC. NONQUALIFIED STOCK OPTION AGREEMENT Optionee: Robert PorterNonqualified Stock Option Agreement • December 23rd, 2009 • Resaca Exploitation, Inc. • Crude petroleum & natural gas • Texas
DATED JULY 14, 2008Resaca Exploitation, Inc. • December 23rd, 2009 • Crude petroleum & natural gas
CONFIDENTIAL TREATMENT HAS BEEN REQUESTED BY RESACA EXPLOITATION, INC. FOR CERTAIN PORTIONS OF THIS DOCUMENT. CONFIDENTIAL PORTIONS HAVE BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. OMITTED PORTIONS ARE INDICATED IN THIS...Confidential Treatment • December 23rd, 2009 • Resaca Exploitation, Inc. • Crude petroleum & natural gas
This Agreement is made between SHELL TRADING (US) COMPANY (STUSCO), “Buyer” and RESACA EXPLOITATION, LP. (RESACA), “Seller” whereby each party agrees to sell and deliver and each party agrees to purchase and receive crude oil or condensate under the terms and conditions set forth in Exhibit A and Conoco Inc.’s General Provisions, attached hereto and made a part hereof.
AMENDED AND RESTATED EMPLOYMENT AGREEMENTEmployment Agreement • December 23rd, 2009 • Resaca Exploitation, Inc. • Crude petroleum & natural gas • Texas
This AMENDED AND RESTATED EMPLOYMENT AGREEMENT (this “Agreement”) is made effective as of January 1, 2009 (the “Effective Date”), by and among TORCH ENERGY ADVISORS INCORPORATED, a Delaware corporation (“TEAI”); RESACA EXPLOITATION, INC., a Texas corporation (formerly known as RESACA EXPLOITATION, LP, a Delaware limited partnership) (the “Employer”); and DENNIS HAMMOND, an individual resident of the State of Texas (the “Executive”). The Employer and the Executive are each a “party” and are together “parties” to this Agreement. TEAI joins in this Agreement for the purposes of Section .
ContractGas Purchase Contract • December 23rd, 2009 • Resaca Exploitation, Inc. • Crude petroleum & natural gas
CONFIDENTIAL TREATMENT HAS BEEN REQUESTED BY RESACA EXPLOITATION, INC. FOR CERTAIN PORTIONS OF THIS DOCUMENT. CONFIDENTIAL PORTIONS HAVE BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. OMITTED PORTIONS ARE INDICATED IN THIS AGREEMENT WITH “*****”.
GAS PURCHASE CONTRACT BETWEEN SDG RESOURCES, L. P. as “SELLER” and VERSADO GAS PROCESSORS, L.L.C. as “BUYER’’Gas Purchase Contract • December 23rd, 2009 • Resaca Exploitation, Inc. • Crude petroleum & natural gas • Texas
THIS CONTRACT, made and entered into this 1st day of January, 2002, by and between VERSADO GAS PROCESSORS, L.L.C., a Delaware Limited Liability Company acting by and through its Member/Operator, Dynegy Midstream Services, Limited Partnership, hereinafter referred to as “Buyer”, and SDG Resources, L. P., a Texas limited partnership, hereinafter referred to as “Seller”;
AMENDED AND RESTATED CO-EMPLOYER AGREEMENTCo-Employer Agreement • December 23rd, 2009 • Resaca Exploitation, Inc. • Crude petroleum & natural gas • Texas
THIS AMENDED AND RESTATED CO-EMPLOYER AGREEMENT (the “Agreement”), dated January 1, 2009, is made by and between RESACA EXPLOITATION, INC., a Texas corporation (“Resaca,” formerly known as RESACA EXPLOITATION, LP, a Delaware limited partnership); and TORCH ENERGY ADVISORS INCORPORATED, a Delaware corporation (“Torch”). Resaca and Torch are referred to collectively in this Agreement as the “Parties” and each is a “Party.”
DATED July 14, 2008 RESACA EXPLOITATION, INC - and - SEYMOUR PIERCE LIMITEDJoint Broker Agreement • December 23rd, 2009 • Resaca Exploitation, Inc. • Crude petroleum & natural gas
UNIT OPERATING AGREEMENT COOPER JAL UNIT LEA COUNTY, NEW MEXICOUnit Operating Agreement • December 23rd, 2009 • Resaca Exploitation, Inc. • Crude petroleum & natural gas
THIS AGREEMENT, entered into as of the 15th day of January, 1970, by the parties who have signed the original of this instrument, a counterpart thereof, or other instrument agreeing to be bound by the provisions hereof;
SECOND AMENDED AND RESTATED AGREEMENT FOR ADMINISTRATIVE SERVICESAgreement for Administrative Services • December 23rd, 2009 • Resaca Exploitation, Inc. • Crude petroleum & natural gas
This SECOND AMENDED AND RESTATED AGREEMENT FOR ADMINISTRATIVE SERVICES (the “Agreement”), dated as of January 1, 2009 (the “Effective Date”), by and among RESACA EXPLOITATION, INC, a Texas corporation (“Company,” formerly known as RESACA EXPLOITATION, LP, a Delaware limited partnership); TORCH ENERGY ADVISORS INCORPORATED, a Delaware corporation (“Contractor”); and TORCH ENERGY SERVICES, INC., a Texas Corporation (“TES”). Company and Contractor shall be referred to herein individually as a “Party” and collectively as the “Parties.” TES joins in this Agreement solely for the purposes of Section 7.14.
FIRST AMENDMENTCredit Agreement • December 23rd, 2009 • Resaca Exploitation, Inc. • Crude petroleum & natural gas • New York
THIS FIRST AMENDMENT TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT (this “First Amendment”), dated as of December 22, 2009, is among Resaca Exploitation, Inc., a Texas corporation (“Borrower”), Resaca Operating Company, a Texas corporation (the “Guarantor”), each of the lenders party to the Credit Agreement referred to below (collectively, the “Lenders”), and CIT Capital USA Inc., as administrative agent for the Lenders (in such capacity, together with its successors in such capacity, the “Administrative Agent”).
REGISTRAR AGREEMENT DATED 11 JULY 2008 RESACA EXPLOITATION, INC. AND COMPUTERSHARE INVESTOR SERVICES (CHANNEL ISLANDS) LIMITEDRegistrar Agreement • December 23rd, 2009 • Resaca Exploitation, Inc. • Crude petroleum & natural gas • Jersey
RESACA EXPLOITATION, INC., a company incorporated in the State of Texas, whose registered office is at 1331 Lamai, Suite 1450, Houston, Texas 77010, USA (the “Company”); and
DATED JULY 14, 2008Resaca Exploitation, Inc. • December 23rd, 2009 • Crude petroleum & natural gas
UNIT AGREEMENT COOPER JAL UNIT LEA COUNTY, NEW MEXICOUnit Agreement • December 23rd, 2009 • Resaca Exploitation, Inc. • Crude petroleum & natural gas
Where: C equals the estimated quantity of oil ultimately recoverable from the Unitized Formation underlying each such tract by primary recovery operations.
RESTATED AMENDMENT AGREEMENT dated as of July 1, 2008 between BP Corporation North America Inc. (BPCNA”) and Resaca Exploitation, L.P. (“Counterparty”)Amendment Agreement • December 23rd, 2009 • Resaca Exploitation, Inc. • Crude petroleum & natural gas • New York
BPCNA and Counterparty are parties to the ISDA Master Agreement dated as of April 28, 2006 as amended from time to time, including, without limitation, pursuant to that certain Amendment Agreement (the “2007 Amendment”) dated as of October 12, 2007 (such ISDA Master Agreement, as so amended, is herein referred to as the “Agreement”), which Agreement includes all Confirmations exchanged between the parties confirming the Transactions thereunder. Counterparty has informed BPCNA that the Offering (as defined in the 2007 Amendment) was not consummated in November of 2007 as originally anticipated, however, such Offering is now contemplated to occur during July, 2008. In connection with the consummation of the Offering, the parties hereby agree that the 2007 Amendment shall be amended and restated, in its entirety, as set forth herein effective as of the Effective Date. Effective Date shall mean the date when and if (i) each of the parties hereto duly executes this Restated Amendment Agreem
AMENDED and RESTATED SCHEDULE to the Master Agreement dated as of June 26, 2009 betweenMaster Agreement • December 23rd, 2009 • Resaca Exploitation, Inc. • Crude petroleum & natural gas • New York
Party A and Party B entered into an ISDA Master Agreement (“Master Agreement”), that certain Schedule thereto (“Original Schedule”) dated as of April 28, 2006; as amended by that certain Amendment Agreement dated as of October 12, 2007 by and between Party A and Party B (fka Resaca Exploitation. LP), further amended by that certain Restated Amendment Agreement dated as of July 1, 2008 by and between Party A and Party B ( fka Resaca Exploitation, LP), and further amended by that certain Ratification of Master Agreement dated as of July 11, 2008 by and between Party A and Party B (collectively the “Existing Schedule”). Party A and Party B desire to amend and restate the Existing Schedule as a result of the execution and delivery by Party B of certain Security Instruments (defined below) in favor of Party A, and hereby agree as follows, amending and restating in its entirety the Existing Schedule. This Amended and Restated Schedule (“Schedule”) and the Master Agreement are referred to col
LEASE AGREEMENTLease Agreement • December 23rd, 2009 • Resaca Exploitation, Inc. • Crude petroleum & natural gas
This LEASE AGREEMENT is entered into between ROWE MANAGEMENT, INC. (“Landlord”) and RESACA EXPLOITATION, INC. (“Tenant”). For good consideration, the parties agree as follows:
AGREEMENT FOR PURCHASE AND SALE among SDG Resources, L.P., Innovative Oil and Gas Development and Trading Company, Inc., and Arkios Partners, L.P., as Sellers, and Resaca Exploitation, LP, as Buyer dated March 10, 2006Agreement for Purchase and Sale • December 23rd, 2009 • Resaca Exploitation, Inc. • Crude petroleum & natural gas • Texas
Buyer and Sellers acknowledge and agree that the provisions of this Annex II are the result of mutual compromise and an allocation of risk with respect to the subject matter hereof. The provisions of this Annex II shall be effective notwithstanding the knowledge or lack of knowledge of Buyer and/or Sellers with respect to the condition of the Properties, Environmental Contaminants, Environmental Liabilities, or any compliance or lack thereof with Environmental Laws and Environmental Permits, as such terms are hereafter defined. Buyer and Sellers further acknowledge and agree that the provisions of this Annex II have been given individual weight by them in connection with entering into this agreement and the setting of the Purchase Price. Buyer and Sellers acknowledge and agree that the allocations of risk and responsibility contained in this Annex II are mutually intended by them to be fully enforced and given full effect in the construction and interpretation of this Agreement.
RESACA EXPLOITATION, INC. NONQUALIFIED STOCK OPTION AGREEMENT Optionee: Marc NeatherlinNonqualified Stock Option Agreement • December 23rd, 2009 • Resaca Exploitation, Inc. • Crude petroleum & natural gas • Texas
PowerSupply Coordination® Service Agreement Texas Fixed ProductPowersupply Coordination Services Agreement • December 23rd, 2009 • Resaca Exploitation, Inc. • Crude petroleum & natural gas • Texas
This Agreement is entered into on February 13, 2009 and is between Direct Energy Business, LLC (“Direct Energy”) and Resaca Exploitation, Inc. (“Buyer”). Direct Energy and Buyer are sometimes individually referred to herein as a “Party” or collectively as the “Parties”.
RESACA EXPLOITATION, INC. INCENTIVE STOCK OPTION AGREEMENT Optionee: Dennis HammondIncentive Stock Option Agreement • December 23rd, 2009 • Resaca Exploitation, Inc. • Crude petroleum & natural gas • Texas
RESACA EXPLOITATION, INC. NONQUALIFIED STOCK OPTION AGREEMENT (UK ELIGIBLE OPTIONEE) Optionee: John William Sharp BentleyNonqualified Stock Option Agreement • December 23rd, 2009 • Resaca Exploitation, Inc. • Crude petroleum & natural gas • Texas
PLACING AGREEMENT relating to the placing of shares inResaca Exploitation, Inc. • December 23rd, 2009 • Crude petroleum & natural gas
RATIFICATION OF MASTER AGREEMENT dated as of July 11, 2008 between BP Corporation North America Inc. (BPCNA”) and Resaca Exploitation, Inc., a Texas Corporation (“Counterparty”)Ratification of Master Agreement • December 23rd, 2009 • Resaca Exploitation, Inc. • Crude petroleum & natural gas • New York
BPCNA and Counterparty, then known as Resaca Exploitation, LP, a Delaware limited partnership (“Resaca LP”) have previously entered into that certain ISDA Master Agreement dated as of April 28, 2006 as amended by that certain Amendment Agreement (the “Amendment”) dated as of October 12, 2007 and that certain Restated Amendment Agreement (the “Restated Amendment”) dated as of June 17, 2008 (the “Agreement”), which Agreement includes all Confirmations exchanged between the parties confirming the Transactions thereunder. Counterparty has informed BPCNA that it has converted from a Delaware limited partnership to a Texas corporation in contemplation of the Offering (as defined in the Restated Amendment), and, upon execution and delivery of this Ratification of Master Agreement (this “Ratification”) the “Effective Date” as defined in the Restated Amendment shall have occurred.
ContractConfidential Treatment • December 23rd, 2009 • Resaca Exploitation, Inc. • Crude petroleum & natural gas
CONFIDENTIAL TREATMENT HAS BEEN REQUESTED BY RESACA EXPLOITATION, INC. FOR CERTAIN PORTIONS OF THIS DOCUMENT. CONFIDENTIAL PORTIONS HAVE BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. OMITTED PORTIONS ARE INDICATED IN THIS AGREEMENT WITH “*****”.
