750,000,000 SECOND AMENDED AND RESTATED CREDIT AGREEMENT, dated as of June 20, 2011, among DYNAMIC OFFSHORE RESOURCES, LLC, as the Borrower, VARIOUS FINANCIAL INSTITUTIONS AND OTHER PERSONS FROM TIME TO TIME PARTIES HERETO, as the Lenders, THE ROYAL...Credit Agreement • November 10th, 2011 • Dynamic Offshore Resources, Inc. • Crude petroleum & natural gas • New York
THIS SECOND AMENDED AND RESTATED CREDIT AGREEMENT, dated as of June 20, 2011, is by and among DYNAMIC OFFSHORE RESOURCES, LLC, a Delaware limited liability company (the “Borrower”), the various financial institutions and other Persons from time to time parties hereto (the “Lenders”), THE ROYAL BANK OF SCOTLAND plc (“RBS”), as administrative agent (in such capacity, the “Administrative Agent”) for the Lenders, and RBS SECURITIES INC. (“RBSSI”), as Sole Lead Arranger and Sole Bookrunner.
Wild Well Control, Inc.Letter Agreement • November 10th, 2011 • Dynamic Offshore Resources, Inc. • Crude petroleum & natural gas
This letter agreement (this “Agreement”) is intended to set forth our understanding with respect to liabilities and obligations arising under the Leases and the APA with respect to the plugging, abandonment, removal, restoration and decommissioning obligations (including, without limitation, “Final Decommissioning”, as defined in the APA) with respect to those wells, platforms, facilities and pipelines in existence as of the Effective Time and constituting part of the Assets (the “Excluded Decommissioning Liabilities”), as same are referenced in Section 1 of the Purchase and Sale Agreement dated January 31, 2010 (the “Purchase Agreement”), among Superior Energy Services, Inc., Wild Well Control, Inc. (“WWCI”) and Dynamic Offshore Resources, LLC (“DOR”). Initially capitalized terms used in this letter agreement but not otherwise defined shall have the meanings ascribed to them in the Purchase Agreement.
FIRST AMENDMENT TO SECOND AMENDED AND RESTATED CREDIT AGREEMENTCredit Agreement • November 10th, 2011 • Dynamic Offshore Resources, Inc. • Crude petroleum & natural gas • New York
This FIRST AMENDMENT TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT (“Amendment”), dated effective as of November 9, 2011 (the “Effective Date”), is by and among Dynamic Offshore Resources, LLC, a Delaware limited liability company (the “Borrower”), the various financial institutions and other persons parties hereto as Lenders, The Royal Bank of Scotland plc, as administrative agent (in such capacity, the “Administrative Agent”) and as letter-of-credit issuing bank (in such capacity, the “Issuer”).
AMENDED AND RESTATED TURNKEY PLATFORM DECOMMISSIONING AND WELL PLUGGING AND ABANDONMENT CONTRACT By and between SPN RESOURCES, LLC and SUPERIOR ENERGY SERVICES, L.L.C. Dated Effective as of January 1, 2011Plugging and Abandonment Contract • November 10th, 2011 • Dynamic Offshore Resources, Inc. • Crude petroleum & natural gas • Louisiana
THIS AMENDED AND RESTATED TURNKEY PLATFORM DECOMMISSIONING AND WELL PLUGGING AND ABANDONMENT CONTRACT (this “Agreement”) dated effective as of January 1, 2011 (“Effective Date”), by and between SPN Resources, LLC, a Louisiana limited liability company (“Owner”), having its principal place of business at 12707 North Freeway, Suite 200, Houston, Texas 77060, and Superior Energy Services, L.L.C., a Louisiana limited liability company (“Contractor”), having its principal place of business at 1105 Peters Road, Harvey, Louisiana 70058. Owner and Contractor are sometimes referred to singularly as “Party” and collectively as “Parties,” as the context of the usage of such term may require.
