Drilling oil & gas wells Sample Contracts

Seadrill Partners LLCPLAN SUPPORT AGREEMENT (February 19th, 2021)

This PLAN SUPPORT AGREEMENT (including all exhibits, annexes, and schedules hereto in accordance with Section 13.02, this “Agreement”) is made and entered into as of February 12, 2021 (the “Execution Date”), by and among the following parties (each of the following described in sub-clauses (i) and (ii) of this preamble, collectively, the “Parties”):1

Quantum Pacific (Gibraltar) LTDJoint Filing Agreement (February 12th, 2021)

The undersigned persons (the “Reporting Persons”) hereby agree that a joint statement on this Schedule 13G (Amendment No. 1), and any amendments thereto, be filed on their behalf by Quantum Pacific (Gibraltar) Limited.

Noble Finance CoSETTLEMENT AGREEMENT (February 5th, 2021)

This Settlement Agreement (the “Agreement”), dated as of February 3, 2021 (the “Agreement Date”), is made between and among Michael A. Cawley, Julie H. Edwards, Gordon T. Hall, Jon A. Marshall, James A. MacLennan, Mary P. Ricciardello, Julie J. Robertson, and David Williams (collectively, the “D&O Defendants”), Noble Corporation plc (“Noble”), and the Paragon Litigation Trust (the “Trust”). These entities will be referred to collectively as the “Parties,” and individually as a “Party.”

Nabors Industries LTDAMENDMENT NO. 2 TO RIGHTS AGREEMENT (February 5th, 2021)

THIS AMENDMENT NO. 2 (this “Amendment”), dated as of February 5, 2021, to the Rights Agreement, dated as of May 5, 2020, as amended (collectively, the “Rights Agreement”), by and between Nabors Industries Ltd., a Bermuda exempted company (the “Company”), and Computershare Trust Company, N.A., a federally chartered trust company, as Rights Agent (the “Rights Agent”).

Nabors Industries IncNABORS INDUSTRIES, INC. as Issuer and NABORS INDUSTRIES LTD., as Guarantor and [_____________] as Trustee INDENTURE Dated as of [_____________] SUBORDINATED DEBT SECURITIES Reconciliation and tie between certain Sections of this Indenture, dated as of ... (February 5th, 2021)

THIS INDENTURE dated as of [_____________], is among Nabors Industries, Inc., a Delaware corporation (the “Company”), each Guarantor, if any, and [_____________], as trustee (the “Trustee”).

Tor Asia Credit Master Fund LpJOINT ACQUISTION AGREEMENT PURSUANT TO RULE 13d-1(k) (January 28th, 2021)

The undersigned acknowledge and agree that the foregoing statement on Schedule 13G, is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G, shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.

Diamond Offshore Drilling, Inc.PLAN SUPPORT AGREEMENT (January 25th, 2021)

THIS BACKSTOP AND PRIVATE PLACEMENT AGREEMENT (this “Agreement”), dated as of January 22, 2021 (the “BCA Execution Date”), is made by and among (i) Diamond Offshore Drilling, Inc. (the “Company”), its affiliated debtors listed on Schedule 1 hereto (the Company and each affiliated debtor, a “Debtor” and, collectively, the “Debtors”), (ii) each of the Commitment Parties (as defined below) and (iii) each of the Private Placement Investors (as defined below) listed on Schedule 3 hereto. Each Debtor, each Commitment Party and each Private Placement Investor is referred to herein, individually, as a “Party” and, collectively, as the “Parties.”

Nabors Industries LTDPERFORMANCE-BASED RESTRICTED STOCK UNIT GRANT AGREEMENT NABORS INDUSTRIES, INC. (January 8th, 2021)

This Performance-Based Restricted Stock Unit Grant Agreement (“Performance Stock Unit Grant”) between Nabors Industries, Inc. (“NII”), acting on behalf of Nabors Industries Ltd. (“NIL” or the “Company”), and William Restrepo (the “Grantee”), an Eligible Recipient, contains the terms and conditions under which the Compensation Committee of the Board (the “Committee”), has awarded to Grantee, as of January 5, 2021 (the “Date of Grant”) and pursuant to the Amended and Restated Nabors Industries Ltd. 2016 Stock Plan (“2016 Plan”), certain Restricted Stock Units (“PSUs”) to incentivize Grantee to contribute to the success of the Company. The applicable terms of the 2016 Plan are incorporated in this Performance Stock Unit Grant by reference. Capitalized terms used but not defined herein shall have the meanings set forth in the 2016 Plan.

Nabors Industries LTDPERFORMANCE-BASED RESTRICTED STOCK UNIT GRANT AGREEMENT NABORS INDUSTRIES, INC. (January 8th, 2021)

This Performance-Based Restricted Stock Unit Grant Agreement (“Performance Stock Unit Grant”) between Nabors Industries, Inc. (“NII”), acting on behalf of Nabors Industries Ltd. (“NIL” or the “Company”), and Anthony G. Petrello (the “Grantee”), an Eligible Recipient, contains the terms and conditions under which the Compensation Committee of the Board (the “Committee”), has awarded to Grantee, as of January 4, 2021 (the “Date of Grant”) and pursuant to the Amended and Restated Nabors Industries Ltd. 2016 Stock Plan (“2016 Plan”), certain Restricted Stock Units (“PSUs”) to incentivize Grantee to contribute to the success of the Company. The applicable terms of the 2016 Plan are incorporated in this Performance Stock Unit Grant by reference. Capitalized terms used but not defined herein shall have the meanings set forth in the 2016 Plan.

Oasis Midstream Partners LPINDEMNIFICATION AGREEMENT (December 30th, 2020)

INDEMNIFICATION AGREEMENT (this “Agreement”), made and executed as of December 22, 2020 by and between Oasis Midstream Partners LP, a Delaware limited partnership (the “Partnership”) and Douglas E. Brooks, an individual resident of the State of Texas (the “Indemnitee”).

Independence Contract Drilling, Inc.Contract (December 21st, 2020)
Independence Contract Drilling, Inc.Contract (December 21st, 2020)
Independence Contract Drilling, Inc.Contract (December 21st, 2020)
HighPeak Energy, Inc.Credit Agreement (December 18th, 2020)

This Credit Agreement dated as of December 17, 2020, is among HIGHPEAK ENERGY, INC., a corporation duly formed and existing under the laws of the State of Delaware (the "Borrower"), each of the Lenders from time to time party hereto; and FIFTH THIRD BANK, NATIONAL ASSOCIATION (in its individual capacity, "Fifth Third"), as administrative agent for the Lenders (in such capacity, together with its successors in such capacity, the "Administrative Agent").

Petroteq Energy Inc.TECHNOLOGY LICENSE AGREEMENT (December 15th, 2020)

This TECHNOLOGY LICENSE AGREEMENT (“Agreement”), dated and made effective as of November 14, 2020 (“Effective Date”), is entered into by and between PETROTEQ ENERGY INC. a corporation organized and existing under the laws of the Province of Ontario (Canada), having offices at 15315 West Magnolia Boulevard, Suite 120, Sherman Oaks, California 91403 (“Petroteq” or “Licensor”), and GREENFIELD ENERGY, LLC, a limited liability company organized and existing under the laws of the State of Utah having offices at 21732 Provincial Boulevard, Suite 160, Katy, Texas 77450 (“Licensee”) (the parties hereto sometimes referred to individually as a “Party” or collectively as the “Parties”.

Petroteq Energy Inc.AMENDED AND RESTATED DEBT CONVERSION AGREEMENT (December 15th, 2020)

WHEREAS this Agreement amends and restates the Debt Conversion Agreement dated July 20, 2020 between Company and the Creditor.

Infinity Energy Resources, IncASSET PURCHASE AND SALE AGREEMENT (December 15th, 2020)

THIS ASSET PURCHASE AND SALE AGREEMENT (the “Agreement”) is made and entered into as of the 14th day of December, by and between CORE ENERGY, LLC, a Kansas limited liability company and the members of CORE ENERGY, LLC; Mandalay LLC and Coal Creek Energy, LLC (collectively, “Seller”) and INFINITY ENERGY RESOURCES, INC., a Delaware corporation (“Purchaser”). Seller and Purchaser are sometimes herein referred to as the “Parties”.

Petroteq Energy Inc.August 20, 2020 SHORT-TERM MINING & MINERAL SUBLEASE between VALKOR, LLC a Texas limited liability company and TMC CAPITAL, LLC a Utah Limited Liability Company Covering Property Located in Uintah County, Utah SHORT-TERM MINING & MINERAL SUBLEASE ... (December 15th, 2020)

This SHORT-TERM MINING & MINERAL SUBLEASE (“Sublease”), dated and made effective as of 20 August 2020 (“Effective Date”), is made and entered into by and between VALKOR, LLC, a Texas limited liability company, having offices at 21732 Provincial Blvd, STE 160, Katy, TX 77450 (“Sublessor”), and TMC CAPITAL, LLC, a Utah limited liability company, having offices at 15315 W Magnolia Blvd, Suite 120, Sherman Oaks, CA 91403 (“Sublessee”) (the parties sometimes referred to individually as a “Party” or collectively as the “Parties”).

Petroteq Energy Inc.MANAGEMENT AND OPERATIONS SERVICES AGREEMENT (December 15th, 2020)

THIS MANAGEMENT SERVICES AND OPERATIONS AGREEMENT (“Agreement”) is entered into by and between Petroteq Energy, Inc. (“Petroteq”), an Ontario, Canada corporation with an office at 15315 West Magnolia Boulevard, Suite 120, Sherman Oaks, California 91403, and Valkor, LLC (“Valkor”), a Texas limited liability with an office at 21732 Provincial Boulevard Kat y, Texas 77450 (“Valkor”) as of May 1, 2020 (“Effective Date” ). Petroteq and Valkor may each be referred to individually as a “Party” and collectively as the “Parties” to this Agreement.

Transocean Ltd.SUPPLEMENTAL INDENTURE (December 1st, 2020)

This SUPPLEMENTAL INDENTURE, dated as of November 30, 2020 (this “Supplemental Indenture”) is among (i) Transocean Inc., (the “Company”), (ii) Transocean Asset Holdings 1 Limited, a Cayman Islands exempted company (“Transocean Asset Holdings 1”), Transocean Asset Holdings 2 Limited, a Cayman Islands exempted company (“Transocean Asset Holdings 2”), and Transocean Asset Holdings 3 Limited, a Cayman Islands exempted company (“Transocean Asset Holdings 3”) (collectively, the “Additional Guarantors” and each, an “Additional Guarantor”), each of which is an indirect subsidiary of Transocean Inc., (iii) each of the other existing Guarantors (as defined in the Indenture referred to below) and (iv) Wells Fargo Bank, National Association, as Trustee.

Transocean Ltd.SUPPLEMENTAL INDENTURE (December 1st, 2020)

This SUPPLEMENTAL INDENTURE, dated as of November 30, 2020 (this “Supplemental Indenture”) is among (i) Transocean Inc., (the “Company”), (ii) Transocean Asset Holdings 1 Limited, a Cayman Islands exempted company (“Transocean Asset Holdings 1”), Transocean Asset Holdings 2 Limited, a Cayman Islands exempted company (“Transocean Asset Holdings 2”), and Transocean Asset Holdings 3 Limited, a Cayman Islands exempted company (“Transocean Asset Holdings 3”) (collectively, the “Additional Guarantors” and each, an “Additional Guarantor”), each of which is an indirect subsidiary of Transocean Inc., (iii) each of the other existing Guarantors (as defined in the Indenture referred to below) and (iv) Wells Fargo Bank, National Association, as Trustee.

Noble CorpCertain identified information has been excluded from the exhibit because it is both not material and would likely cause competitive harm to the registrant if publicly disclosed. AMENDMENT NO. 1 TO BACKSTOP COMMITMENT AGREEMENT (December 1st, 2020)

This AMENDMENT NO. 1 TO BACKSTOP COMMITMENT AGREEMENT, dated as of November 25, 2020 (this “Amendment”), is made by and among Noble Holding Corporation plc (formerly known as Noble Corporation plc), a company organized under the Laws of England and Wales (the “Company”), and each of its direct and indirect debtor subsidiaries that filed chapter 11 cases on July 31, 2020 and September 24, 2020 under Title 11 of the United States Code, 11 U.S.C. §§ 101-1532 currently pending in the United States Bankruptcy Court for the Southern District of Texas (together with the Company, each a “Debtor” and, collectively, the “Debtors”), on the one hand, and the Requisite Backstop Parties set forth on the signature pages hereto, on the other hand. Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Backstop Commitment Agreement, dated as of October 12, 2020 (the “Backstop Commitment Agreement”), by and among the Debtors and the Backstop Parties

Transocean Ltd.FOURTH AMENDMENT TO CREDIT AGREEMENT (December 1st, 2020)

This FOURTH AMENDMENT TO CREDIT AGREEMENT (this “Fourth Amendment”), dated as of November 30, 2020, is among TRANSOCEAN INC., a Cayman Islands exempted company (the “Borrower”), Transocean Asset Holdings 1 Limited, a Cayman Islands exempted company (“Holdco 4”), Transocean Asset Holdings 2 Limited, a Cayman Islands exempted company (“Holdco 5”), Transocean Asset Holdings 3 Limited, a Cayman Islands exempted company (“Holdco 6”), the New RCF Holdco Guarantors (as defined below), CITIBANK, N.A., as administrative agent for the Lenders (as defined below) under the Credit Agreement referred to below (in such capacity, the “Administrative Agent”), CITIBANK, N.A., acting through its Agency & Trust Division, as collateral agent for the Lenders (as defined below) and the Issuing Banks under, and as defined in, the Credit Agreement referred to below (in such capacity, “Collateral Agent”) and each Lender party hereto.

Helmerich & Payne, Inc.HELMERICH & PAYNE, INC. (November 20th, 2020)

THIS RESTRICTED STOCK AWARD AGREEMENT (the “Award Agreement”), is made as of the grant date set forth on the cover page of this Award Agreement (the “Cover Page”) at Tulsa, Oklahoma by and between the participant named on the Cover Page (the “Participant”) and Helmerich & Payne, Inc. (the “Company”).

Helmerich & Payne, Inc.AGREEMENT AND RELEASE (November 20th, 2020)

This Agreement and Release (the “Agreement and Release”) is made and entered into by and between Rob Stauder, a resident of the State of Oklahoma, (“Employee”) and Helmerich & Payne International Drilling Co., a Delaware corporation (“Company”). This Agreement and Release shall become effective on the eighth day after Employee signs and delivers this Agreement to Company (the “Effective Date”), provided that Employee does not revoke this Agreement prior to such date pursuant to Paragraph 4.b. below, and provided further that Employee signs this Agreement on or before July 31, 2020.

Pioneer Energy Services CorpEXTENSION OF CONSULTING AGREEMENT (October 16th, 2020)

This EXTENSION OF CONSULTING AGREEMENT (“Extension”) is entered into effective as of October 14, 2020 (the “Effective Date”) by and between Pioneer Energy Services Corp., a Delaware corporation (the “Company”), and Matt Porter (“Consultant”). The Company and Consultant are each sometimes referred to herein as a “Party”, and together as the “Parties”.

Noble Corp PLCBACKSTOP COMMITMENT AGREEMENT AMONG NOBLE CORPORATION PLC, THE OTHER DEBTORS PARTY HERETO AND THE BACKSTOP PARTIES PARTY HERETO Dated as of October 12, 2020 (October 15th, 2020)

THIS BACKSTOP COMMITMENT AGREEMENT (this “Agreement”), dated as of October 12, 2020, is made by and among Noble Corporation plc, a company organized under the Laws of England and Wales (the “Company”) and each of its direct and indirect debtor subsidiaries that filed chapter 11 cases on July 31, 2020, and September 24, 2020 (the “Chapter 11 Cases”), under Title 11 of the United States Code, 11 U.S.C. §§ 101-1532 (as it may be amended from time to time, the “Bankruptcy Code”) currently pending in the United States Bankruptcy Court for the Southern District of Texas (the “Bankruptcy Court”) (together with the Company, each a “Debtor” and, collectively, the “Debtors”), on the one hand, and the Backstop Parties set forth on Schedule 1 hereto, as may be amended, supplemented or otherwise modified from time to time in accordance with this Agreement (each referred to herein, individually, as a “Backstop Party” and, collectively, as the “Backstop Parties”), on the other hand. The Company, the

Oasis Midstream Partners LPFIRST AMENDMENT TO AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF OMP GP LLC September 29, 2020 (September 30th, 2020)

This First Amendment (this “Amendment”) to that certain Amended and Restated Limited Liability Company Agreement dated as of May 22, 2017 (the “Agreement”) of OMP GP LLC (the “Company”), dated as of September 29, 2020, is entered into by OMS Holdings LLC, a Delaware limited liability company (“Managing Member”), effective as of the date set forth above. Capitalized terms used and not defined herein shall have the respective meanings specified in the Agreement.

Oasis Midstream Partners LPAMENDMENT NO. 1 TO SECOND AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF BOBCAT DEVCO LLC September 29, 2020 (September 30th, 2020)

This Amendment No. 1 (this “Amendment”) to that certain Amended and Restated Limited Liability Company Agreement dated as of February 22, 2019 (the “Agreement”) of Bobcat DevCo LLC (the “Company”), dated as of September 29, 2020, is entered into by and between OMP Operating LLC, a Delaware limited liability company (“OMP Operating”), and Oasis Midstream Services LLC, a Delaware limited liability company (“OMS” and, together with OMP Operating, the “Members”), effective as of the date set forth above. Capitalized terms used and not defined herein shall have the respective meanings specified in the Agreement.

Oasis Midstream Partners LPWaiver, Discharge and Forgiveness Agreement and Forbearance Extension to Credit Agreement Dated as of September 29, 2020 Among OMP Operating LLC, As Borrower, Oasis Midstream Partners LP, As Parent, The Guarantors Party Hereto, Wells Fargo Bank, N.A., As ... (September 30th, 2020)

THIS WAIVER, DISCHARGE AND FORGIVENESS AGREEMENT AND FORBEARANCE EXTENSION TO Credit Agreement (this “Agreement”) dated as of September 29, 2020, is among OMP OPERATING LLC, a Delaware limited liability company (the “Borrower”); OASIS MIDSTREAM PARTNERS LP, a Delaware limited partnership (the “Parent”), the Guarantors party hereto (the “Guarantors” and collectively with the Borrower, the “Credit Parties”); each of the lenders party to the Credit Agreement referred to below (collectively, the “Lenders”) party hereto; and Wells Fargo BANK, N.A., as administrative agent for the Lenders (in such capacity, together with its successors in such capacity, the “Administrative Agent”) and as the issuing bank (in such capacity, the “Issuing Bank”).

Oasis Midstream Partners LPAMENDMENT NO. 1 TO SECOND AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF BEARTOOTH DEVCO LLC September 29, 2020 (September 30th, 2020)

This Amendment No. 1 (this “Amendment”) to that certain Second Amended and Restated Limited Liability Company Agreement dated as of February 22, 2019 (the “Agreement”) of Beartooth DevCo LLC (the “Company”), dated as of September 29, 2020, is entered into by and between OMP Operating LLC, a Delaware limited liability company (“OMP Operating”), and Oasis Midstream Services LLC, a Delaware limited liability company (“OMS” and, together with OMP Operating, the “Members”), effective as of the date set forth above. Capitalized terms used and not defined herein shall have the respective meanings specified in the Agreement.

Valaris PLCU.S. $500,000,000 Senior Secured Superpriority Debtor-in-Possession Credit Agreement Dated as of September 25, 2020 Among Valaris plc, as Lead Borrower, Each Other Subsidiary From Time to Time Parties Hereto, as a Borrower The Several Lenders from Time ... (September 28th, 2020)

THIS SENIOR SECURED SUPERPRIORITY DEBTOR-IN-POSSESSION CREDIT AGREEMENT, dated as of September 25, 2020, is among VALARIS PLC, an English public limited company (“Valaris”) and a debtor and debtor-in-possession under chapter 11 of the Bankruptcy Code (as defined below), any Subsidiary (as defined below) of Valaris that becomes a borrower hereunder in accordance with Section 2.15 (each such Subsidiary party hereto and each such Subsidiary that subsequently executes a Borrower Counterpart (as defined herein) as permitted under the terms of this Agreement, together with Valaris, collectively referred to herein as the “Borrowers” and each a “Borrower”), WILMINGTON SAVINGS FUND SOCIETY, FSB, as DIP Agent and the DIP Lenders (each as defined herein) party hereto from time to time.

Infinity Energy Resources, IncEXCHANGE AND SETTLEMENT AGREEMENT (September 28th, 2020)

THIS EXCHANGE AND SETTLEMENT AGREEMENT (the “Agreement”) is dated this 24th day of September, 2020, by and between Infinity Energy Resources, Inc., a Delaware corporation (the “Company”), and SKM Partnership, Ltd., a Texas limited partnership (“Holder”). The Company and the Holder are sometimes each referred to herein as a “Party” and collectively as the “Parties.”

Luminus Management LLCLUMINUS MANAGEMENT, LLC (September 15th, 2020)

Reference is made to that certain Backstop Commitment Agreement among Valaris plc (the “Company”) and the other Debtors party thereto and the Backstop Parties party thereto dated as of August 18, 2020 (the “Agreement”)’ . Luminus Management, LLC (“Investor”) as a holder of Qualifying Senior Notes Claims elects to participate in the rights and obligations of the Backstop Parties set forth in this Agreement as an Additional Backstop Party, pursuant to the terms of Section 2. 7(a) of the Agreement. Attached hereto as Exhibit A is a joinder to the Restructuring Support Agreement, and attached hereto as Exhibit B is a joinder to the Agreement.

Luminus Management LLCExhibit C Provision for Joinder Agreement (September 15th, 2020)

The undersigned (“Joinder Agreement”) hereby acknowledges that it has read and understands the Restructuring Support Agreement, dated as of August 18, 2020 (the “Agreement”),1 by and among Valaris plc and its affiliates and subsidiaries bound thereto and the Consenting Noteholders, and agrees to be bound by the terms and conditions thereof to the extent the Transferor was thereby bound, and shall be deemed a “Consenting Noteholder” under the terms of the Agreement.