AMENDMENT TO THE AMENDED AND RESTATED NATURAL GAS PURCHASE AGREEMENT Effective as of July 1, 2009 between TARGA GAS MARKETING LLC (“Buyer”) -and- TARGA TEXAS FIELD SERVICES LP (“Seller”) Recitals:
Exhibit
10.32
AMENDMENT
TO THE AMENDED AND RESTATED
Effective
as of July 1, 2009
between
TARGA
GAS MARKETING LLC (“Buyer”)
-and-
TARGA
TEXAS FIELD SERVICES LP (“Seller”)
Recitals:
A. Seller
and Buyer have previously entered into an Amended and Restated Natural Gas
Purchase Agreement, effective as of March 1, 2009 (collectively, the
“Agreement”);
B. Seller
and Buyer hereby agree to amend the Agreement as contemplated
herein;
NOW,
THEREFORE, for and in consideration of the foregoing and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties agree as follows:
1. Exhibit
“B” to the Agreement shall be deleted in its entirety and replaced with the
Exhibit attached hereto.
IN
WITNESS WHEREOF the parties have executed this Amendment on January 25, 2010,
with the effective date as of July 1, 2009.
TARGA
GAS MARKETING
LLC TARGA TEXAS FIELD SERVICES
LP
By: Targa Resources
Texas GP LLC, its
general partner
|
By: /s/
Xxxxx Xxxx
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By:
/s/ Xxx X.
Xxxxxxxxxxxx
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|||
|
Name:
Xxxxx Xxxx
|
Name:
Xxx X.
Xxxxxxxxxxxx
|
|||
|
Title:
Vice
President
|
Title:
Assistant Vice
President –
Supply
and
Business Development,
San Xxxxxx
Operating
Unit
|
Exhibit to the Amendment to
the Amended and Restated
“EXHIBIT “B”
TO
NATURAL GAS SALES AGREEMENT
Between
Targa Gas Marketing LLC, Buyer
and
Targa
Texas Field Services LP, Seller
Effective
as of March 1, 2009
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Mertzon
Plant
|
||||||||
|
Applicable
Transport
|
Near
Market Point
|
Near
Market Price
|
Remote
Market Price
|
|||||
|
EPNG
|
Permian
Pool
|
Net
Permian Index Price
|
Net
Permian Index
Price
|
|||||
|
XX
|
Xxxxxxx
Ship Channel Pool
|
Net
HSC Index Price
|
||||||
| N/A |
Tailgate
of Plant
|
WASP
of Tailgate Sales
|
N/A | |||||
|
Sterling
Plant
|
||||||||
|
Applicable
Transport
|
Near
Market Point
|
Near
Market Price
|
Remote
Market Price
|
|||||
|
ET
Fuel
|
Waha
Hub
|
Waha
Index Price minus $0.06
|
Adjusted
Waha Index Price *
|
|||||
|
EPNG/ET
Fuel
|
Permian
Pool
(Keystone)
|
Waha
Index Price minus $0.06
|
||||||
|
EPNG/ET
Fuel
|
Waha
Pool
|
Waha
Index Price minus $0.06
|
Adjusted
Waha Index Price *
|
|||||
| N/A |
Tailgate
of Plant
|
WASP
of Tailgate Sales
|
N/A | |||||
* Note: Adjusted Waha Index Price will be the higher of Waha Index
Price minus $0.06 or Waha Index Price minus transport costs, or as otherwise
agreed by the parties.”
