Common use of CONSENT AND ACKNOWLEDGEMENT OF GUARANTORS Clause in Contracts

CONSENT AND ACKNOWLEDGEMENT OF GUARANTORS. (Fifth Amendment to Amended and Restated Uncommitted Master Shelf Agreement) The undersigned Guarantors hereby consent to the terms of the above Fifth Amendment and the transactions contemplated thereby and confirm that the guarantees granted by each of the undersigned to or for the benefit of the holders of Notes are in full force and effect. Without limiting the generality of the foregoing, the undersigned acknowledge that the “Obligations” guaranteed by the undersigned pursuant to the respective guarantees executed by each of the undersigned include, without limitation, all obligations of the Corporation to the holders of Notes under the Master Shelf Agreement as so amended, and all Notes now outstanding or hereafter issued under the Master Shelf Agreement. For certainty, each reference to “Master Shelf Agreement” in each such guarantee executed by the undersigned shall include the Master Shelf Agreement as defined in this Fifth Amendment, as amended by this Fifth Amendment, and as hereafter further amended, further restated, or supplemented, modified or replaced from time to time. Dated as of April 14, 2012. ARC RESOURCES GENERAL PARTNERSHIP, by its manager, ARC RESOURCES LTD. 1504793 ALBERTA LTD. Per: ("Signed") Per: ("Signed") Name: Xxx Xxxxx Title: Senior Vice-President, Finance Name: Xxx Xxxxx Title: Senior Vice-President, Finance

CONSENT AND ACKNOWLEDGEMENT OF GUARANTORS. (Fifth Amendment First Amending Agreement to Amended and Restated Uncommitted Master Shelf May 27, 2010 Note Agreement) The undersigned Guarantors hereby consent to the terms of the above Fifth Amendment Agreement and the transactions contemplated thereby and confirm that the guarantees and other security documents granted by each of the undersigned to or for the benefit of the holders of Notes are in full force and effect. Without limiting the generality of the foregoing, the undersigned acknowledge that the “Guaranteed Obligations” (however designated) guaranteed by the undersigned pursuant to the respective guarantees executed by each of the undersigned include, without limitation, all obligations of the Corporation to the holders of Notes under the Master Shelf Note Agreement as so amended, and all Notes now outstanding or hereafter issued under the Master Shelf Note Agreement. For certainty, each reference to “Master Shelf Note Agreement” or “Note Purchase Agreement” (however designated) in each such guarantee executed by the undersigned shall include the Master Shelf Note Agreement as defined in this Fifth AmendmentAgreement, as amended by this Fifth AmendmentAgreement, and as hereafter further amended, further restated, or supplemented, modified or replaced from time to time. Dated as Each of April 14the undersigned Guarantors hereby agrees that its Guarantee shall be amended by deleting Section 3.11, 2012. ARC RESOURCES GENERAL PARTNERSHIP, by its manager, ARC RESOURCES LTD. 1504793 ALBERTA LTD. Per: ("Signed") Per: ("Signed") Name: Xxx Xxxxx Title: Senior Vice-President, Finance Name: Xxx Xxxxx Title: Senior Vice-President, Finance3.12 and 3.13 and substituting therefor the following:

CONSENT AND ACKNOWLEDGEMENT OF GUARANTORS. (Fifth Third Amendment to Amended and Restated Uncommitted Master Shelf April 27, 2004 Note Agreement) The undersigned Guarantors hereby consent to the terms of the above Fifth Amendment Agreement and the transactions contemplated thereby and confirm that the guarantees and other security documents granted by each of the undersigned to or for the benefit of the holders of Notes are in full force and effect. Without limiting the generality of the foregoing, the undersigned acknowledge that the “Guaranteed Obligations” (however designated) guaranteed by the undersigned pursuant to the respective guarantees executed by each of the undersigned include, without limitation, all obligations of the Corporation to the holders of Notes under the Master Shelf Note Agreement as so amended, and all Notes now outstanding or hereafter issued under the Master Shelf Note Agreement. For certainty, each reference to “Master Shelf Note Agreement” or “Note Purchase Agreement” (however designated) in each such guarantee executed by the undersigned shall include the Master Shelf Note Agreement as defined in this Fifth AmendmentAgreement, as amended by this Fifth AmendmentAgreement, and as hereafter further amended, further restated, or supplemented, modified or replaced from time to time. Dated as Each of April 14the undersigned Guarantors hereby agrees that its Guarantee shall be amended by deleting Section 3.11, 2012. ARC RESOURCES GENERAL PARTNERSHIP, by its manager, ARC RESOURCES LTD. 1504793 ALBERTA LTD. Per: ("Signed") Per: ("Signed") Name: Xxx Xxxxx Title: Senior Vice-President, Finance Name: Xxx Xxxxx Title: Senior Vice-President, Finance3.12 and 3.13 and substituting therefor the following:

CONSENT AND ACKNOWLEDGEMENT OF GUARANTORS. (Fifth Amendment Amending Agreement to Amended and Restated Uncommitted Master Shelf March 16, 2010 Note Purchase Agreement) The undersigned Guarantors hereby consent to the terms of the above Fifth Amendment Agreement and the transactions contemplated thereby and confirm that the guarantees and other security documents granted by each of the undersigned to or for the benefit of the holders of Notes are in full force and effect. Without limiting the generality of the foregoing, the undersigned acknowledge that the “Guaranteed Obligations” guaranteed by the undersigned pursuant to the respective guarantees executed by each of the undersigned include, without limitation, all obligations of the Corporation Company to the holders of Notes under the Master Shelf Note Purchase Agreement as so amended, and all Notes now outstanding or hereafter issued under the Master Shelf Note Purchase Agreement. For certainty, each reference to “Master Shelf Note Agreement” or “Note Purchase Agreement” in each such guarantee executed by the undersigned shall include the Master Shelf Note Purchase Agreement as defined in this Fifth AmendmentAgreement, as amended by this Fifth AmendmentAgreement, and as hereafter further amended, further restated, or supplemented, modified or replaced from time to time. Dated as of April 14March 6, 20122019. ARC RESOURCES GENERAL OBSIDIAN ENERGY PARTNERSHIP, by its managermanaging partner, ARC RESOURCES LTD. 1504793 ALBERTA LTD. Per: ("Signed") Per: ("Signed") Name: Xxx Xxxxx Title: Senior Vice-President, Finance Name: Xxx Xxxxx Title: Senior Vice-President, FinanceObsidian Energy Ltd.

CONSENT AND ACKNOWLEDGEMENT OF GUARANTORS. (Fifth Amendment Amending Agreement to Amended and Restated Uncommitted Master Shelf December 2, 2010 Note Purchase Agreement) The undersigned Guarantors hereby consent to the terms of the above Fifth Amendment Agreement and the transactions contemplated thereby and confirm that the guarantees and other security documents granted by each of the undersigned to or for the benefit of the holders of Notes are in full force and effect. Without limiting the generality of the foregoing, the undersigned acknowledge that the “Guaranteed Obligations” guaranteed by the undersigned pursuant to the respective guarantees executed by each of the undersigned include, without limitation, all obligations of the Corporation Company to the holders of Notes under the Master Shelf Note Purchase Agreement as so amended, and all Notes now outstanding or hereafter issued under the Master Shelf Note Purchase Agreement. For certainty, each reference to “Master Shelf Note Agreement” or “Note Purchase Agreement” in each such guarantee executed by the undersigned shall include the Master Shelf Note Purchase Agreement as defined in this Fifth AmendmentAgreement, as amended by this Fifth AmendmentAgreement, and as hereafter further amended, further restated, or supplemented, modified or replaced from time to time. Dated as of April 14March 6, 20122019. ARC RESOURCES GENERAL OBSIDIAN ENERGY PARTNERSHIP, by its managermanaging partner, ARC RESOURCES LTD. 1504793 ALBERTA LTD. Per: ("Signed") Per: ("Signed") Name: Xxx Xxxxx Title: Senior Vice-President, Finance Name: Xxx Xxxxx Title: Senior Vice-President, FinanceObsidian Energy Ltd.

CONSENT AND ACKNOWLEDGEMENT OF GUARANTORS. (Fifth Fourth Amendment to Amended and Restated Uncommitted Master Shelf Agreement) The undersigned Guarantors hereby consent to the terms of the above Fifth Amendment Agreement and the transactions contemplated thereby and confirm that the guarantees and other security documents granted by each of the undersigned to or for the benefit of the holders of Notes are in full force and effect. Without limiting the generality of the foregoing, the undersigned acknowledge that the “Guaranteed Obligations” (however designated) guaranteed by the undersigned pursuant to the respective guarantees executed by each of the undersigned include, without limitation, all obligations of the Corporation to the holders of Notes under the Master Shelf Agreement as so amended, and all Notes now outstanding or hereafter issued under the Master Shelf Agreement. For certainty, each reference to “Master Shelf Agreement” (however designated) in each such guarantee executed by the undersigned shall include the Master Shelf Agreement as defined in this Fifth AmendmentAgreement, as amended by this Fifth AmendmentAgreement, and as hereafter further amended, further restated, or supplemented, modified or replaced from time to time. Dated as Each of April 14the undersigned Guarantors hereby agrees that its Guarantee shall be amended by deleting Section 3.11, 2012. ARC RESOURCES GENERAL PARTNERSHIP, by its manager, ARC RESOURCES LTD. 1504793 ALBERTA LTD. Per: ("Signed") Per: ("Signed") Name: Xxx Xxxxx Title: Senior Vice-President, Finance Name: Xxx Xxxxx Title: Senior Vice-President, Finance3.12 and 3.13 and substituting therefor the following: