Common use of Financial and Commodity Hedging Clause in Contracts

Financial and Commodity Hedging. SCHEDULE 7.30 of the Disclosure Schedule accurately summarizes the outstanding Hydrocarbon and financial hedging positions of the Company and its Subsidiaries (including fixed price controls, collars, swaps, caps, xxxxxx and puts) as of the date reflected on said Schedule. From the date of this Agreement to the date of Closing, the Company and its Subsidiaries will not enter into any new hedging positions without SFP's prior written consent.

Appears in 1 contract

Samples: Securities Purchase Agreement (Middle Bay Oil Co Inc)

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Financial and Commodity Hedging. SCHEDULE 7.30 Schedule 7.29 of the Disclosure Schedule accurately summarizes the outstanding Hydrocarbon and financial hedging positions of the Company and each of its Subsidiaries (including but not limited to fixed price controls, collars, swaps, caps, xxxxxx hxxxxx and puts) as of the date reflected on said Schedule. From the date of this Agreement to the date of Closing, the Company and each of its Subsidiaries will not enter into any new hedging positions without SFP's Petrohawk’s prior written consent.

Appears in 1 contract

Samples: Securities Purchase Agreement (Beta Oil & Gas Inc)

Financial and Commodity Hedging. SCHEDULE 7.30 SCHEDULE7.30 of the Disclosure Schedule accurately summarizes the outstanding Hydrocarbon and financial hedging positions of the Company and its Subsidiaries (including fixed price controls, collars, swaps, caps, xxxxxx and puts) as of the date reflected on said Schedule. From the date of this Agreement to the date of Closing, the Company and its Subsidiaries will not enter into any new hedging positions without SFPShoeinvest's prior written consent.

Appears in 1 contract

Samples: Securities Purchase Agreement (Middle Bay Oil Co Inc)

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Financial and Commodity Hedging. SCHEDULE 7.30 7.27 of the Disclosure Schedule accurately summarizes the outstanding Hydrocarbon and financial hedging positions of the Company and its Subsidiaries (including fixed price controls, collars, swaps, caps, xxxxxx and puts) as of the date reflected on said Schedule. From the date of this Agreement to the date of Closing, the Company and its Subsidiaries will not enter into any new hedging positions without SFP's prior written consent.

Appears in 1 contract

Samples: Securities Purchase Agreement (Middle Bay Oil Co Inc)

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