SECOND SUPPLEMENTAL INDENTURE
Exhibit 4.4
Second Supplemental Indenture (this “Second Supplemental Indenture”),
dated as of September 19, 2011, among (i) Oasis Well Services LLC, a Delaware limited liability
company (“Oasis Well Services") and a subsidiary of Oasis Petroleum Inc., a Delaware corporation
(the “Company”), (ii) Oasis Petroleum Marketing LLC, a Delaware limited liability company (together
with Oasis Well Services, the “New Subsidiary Guarantors”), (iii) the Company, (iv) the existing
Subsidiary Guarantors (as defined in the Indenture referred to herein) and and U.S. Bank National
Association, as trustee under the Indenture referred to below (or its permitted successor, the
“Trustee”).
W I T N E S S E T H
WHEREAS, the Company has heretofore executed and delivered to the Trustee an Indenture, dated
as of February 2, 2011, by and between the Company and the Trustee, as amended and supplemented by
the First Supplemental Indenture thereto, dated as of February 2, 2011, by and among the Company,
the Subsidiary Guarantors parties thereto and the Trustee (the “Indenture”), providing for the
issuance of the Company’s 7.25% Senior Notes due 2019 (the “Notes”);
WHEREAS, the Indenture provides that under certain circumstances the New Subsidiary Guarantors
shall execute and deliver to the Trustee a supplemental indenture pursuant to which the New
Subsidiary Guarantors shall become a Subsidiary Guarantor; and
WHEREAS, pursuant to Section 9.1 of the Indenture, the Trustee is authorized to execute and
deliver this Second Supplemental Indenture.
NOW, THEREFORE, in consideration of the foregoing and for other good and valuable
consideration, the receipt of which is hereby acknowledged, the New Subsidiary Guarantors, the
Company, the existing Subsidiary Guarantors and the Trustee mutually covenant and agree for the
equal and ratable benefit of the Holders of the Notes as follows:
1. Capitalized Terms. Capitalized terms used herein without definition shall have
the meanings assigned to them in the Indenture.
2. Agreement to Guarantee. The New Subsidiary Guarantors hereby agree to provide an
unconditional Guarantee on the terms and subject to the conditions set forth in the Indenture
including but not limited to Article Fourteen thereof.
3. Execution And Delivery. The Subsidiary Guarantee of each of the New Subsidiary
Guarantors shall remain in full force and effect notwithstanding any failure to endorse on each
Note a notation of such Subsidiary Guarantee.
4. No Recourse Against Others. No past, present or future director,
officer, employee, incorporator, stockholder, member, manager or partner of any of the New
Subsidiary Guarantors, as such, shall have any liability for any obligations of the Company or the
New Subsidiary Guarantors under the Notes, the Subsidiary Guarantees, the Indenture or this Second
Supplemental Indenture or for any claim based on, in respect of, or by reason of, such
obligations or their creation. Each Holder of the Notes by accepting a Note waives and releases
all such liability. The waiver and release are part of the consideration for issuance of the
Notes.
5. NEW YORK LAW TO GOVERN. THE LAW OF THE STATE OF NEW YORK WILL GOVERN AND BE USED TO
CONSTRUE AND ENFORCE THIS SECOND SUPPLEMENTAL INDENTURE.
6. Counterparts. The parties may sign any number of copies of this Second
Supplemental Indenture. Each signed copy shall be an original, but all of them together represent
the same agreement.
7. Effect of Headings. The Section headings herein are for convenience only and
shall not affect the construction hereof.
8. The Trustee. The Trustee shall not be responsible in any manner whatsoever for or
in respect of the validity or sufficiency of this Second Supplemental Indenture or for or in
respect of the recitals contained herein, all of which recitals are made solely by the New
Subsidiary Guarantors and the Company.
[SIGNATURE PAGE FOLLOWS]
IN WITNESS WHEREOF, the parties hereto have caused this Second Supplemental Indenture to be
duly executed and attested, all as of the date first above written.
NEW SUBSIDIARY GUARANTORS: OASIS WELL SERVICES LLC OASIS PETROLEUM MARKETING LLC |
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By: | /s/ Xxxxxx X. Xxxx | |||
Name: | Xxxxxx X. Xxxx | |||
Title: | President and Chief Executive Officer | |||
EXISTING SUBSIDIARY GUARANTORS: OASIS PETROLEUM LLC OASIS PETROLEUM NORTH AMERICA LLC |
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By: | /s/ Xxxxxx X. Xxxx | |||
Name: | Xxxxxx X. Xxxx | |||
Title: | President and Chief Executive Officer | |||
COMPANY: OASIS PETROLEUM INC. |
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By: | /s/ Xxxxxx X. Xxxx | |||
Name: | Xxxxxx X. Xxxx | |||
Title: | Chairman, President and Chief Executive Officer |
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TRUSTEE: U.S. BANK NATIONAL ASSOCIATION, as Trustee |
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By: | /s/ Xxxxxx X. Xxxxxxx | |||
Authorized Signatory | ||||