SECOND AMENDMENT TO SERVICE AGREEMENT
Exhibit 10.22
SECOND AMENDMENT TO SERVICE AGREEMENT
This Second Amendment to Service Agreement (this "Agreement"), effective March 20, 2017, (the "Effective Date"), is by and among, TRANSATLANTIC PETROLEUM LTD., a Bermuda exempted company, and its subsidiaries ("TransAtlantic") and XXXXXXXXXX ENERGY, LP, a Texas limited partnership, VIKING DRILLING, LLC, a Nevada limited liability company, RIATA MANAGEMENT, LLC, an Oklahoma limited liability company, XXXXXXXXXX NEMAHA, LLC, a Texas limited liability company, RED ROCK MINERALS, LP, a Delaware limited partnership, RED ROCK ADVISORS, LLC, a Texas limited liability company, PRODUCTION SOLUTIONS INTERNATIONAL LIMITED, a Bermuda exempted company, and NEXLUBE OPERATING, LLC, a Delaware limited liability company, and their subsidiaries (collectively, the "Riata Entities").
RECITALS:
WHEREAS, TransAtlantic and the Riata Entities entered into that certain Service Agreement dated effective May 1, 2008 (the “Service Agreement”);
WHEREAS, TransAtlantic and the Riata Entities entered into that certain Amendment to Service Agreement, dated effective October 1, 2008;
WHEREAS, TransAtlantic and the Riata Entities wish to amend the Service Agreement to remove Longe Energy Limited as a party, and to add Xxxxxxxxxx Nemaha, LLC, Red Rock Minerals, LP, Production Solutions International Limited, NexLube Operating, LLC and their subsidiaries as parties to the Service Agreement and amend certain provisions of the Service Agreement; and
WHEREAS, the Riata Entities may provide certain services to TransAtlantic in connection with TransAtlantic’s operations;
WHEREAS, TransAtlantic may provide certain services to the Riata Entities in connection with the Riata Entities’ operations;
NOW, THEREFORE, in consideration of the mutual promises hereinafter set forth and other good and valid consideration, the receipt and sufficiency of which are hereby acknowledged, and subject to the terms and conditions hereof, the parties hereto (collectively, the “Parties” and each individually a “Party”) agree as follows:
1. Longe Energy Limited, a Bermuda limited liability company, is hereby removed as a Party to the Service Agreement.
2.Xxxxxxxxxx Nemaha, LLC, a Texas limited liability company, is hereby added as a Party to the Service Agreement.
3.Red Rock Minerals, LP, a Delaware limited partnership, is hereby added as a Party to the Service Agreement.
4.Red Rock Advisors, LLC, a Texas limited liability company, is hereby added as a Party to the Service Agreement.
5.Production Solutions International Limited, a Bermuda exempted company, is hereby added as a Party to the Service Agreement.
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Exhibit 10.22
6.NexLube Operating, LLC, a Delaware limited liability company, is hereby added as a Party to the Service Agreement.
7.Section 4.01 of the Service Agreement is hereby deleted in its entirety and replaced with the following:
“4.01.Services to be Provided. For purposes of this Article IV, “Oil and Gas Services” shall mean:
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a. |
Evaluation and technical services as requested from time to time by either Party; |
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b. |
Lease maintenance services with respect to file maintenance, regulator matters, and other related matters; and |
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c. |
Such other services related to items (a) through (b) above as a Party shall reasonably request and which the other Party has the ability to perform.” |
8.Section 11.02 of the service agreement is hereby amended by deleting the subsections (a) and (b) and replacing them with the following:
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a. |
“If to the Riata Entities: |
Riata Management, LLC
Attn: Xxxxxxx Xxxxxx
00000 Xxxxx Xxxxxx Xxxxxxx
Xxxxxxx, XX 00000
000.000.0000 – Telephone
000.000.0000 – Facsimile
xxxxxxx.xxxxxx@xxxxxxx.xxx”
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b. |
“If to TransAtlantic: |
TransAtlantic Petroleum Corp.
Attn: Xxxx Xxxxxxxxx
00000 Xxxxx Xxxxxx Xxxxxxx
Xxxxxxx, XX 00000
000.000.0000 – Telephone
000.000.0000 – Facsimile
xxxx.xxxxxxxxx@xxxxxx.xxx”
9. Except as modified and amended hereby, the Parties acknowledge and agree that the Service Agreement remains in full force and effect.
IN WITNESS WHEREOF, the Parties have executed and delivered this Agreement as of the date Effective Date hereof.
[Signature Pages to Follow]
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Exhibit 10.22
TransAtlantic:
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A Bermuda exempted company |
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By: /s/ Xxxx X. Xxxxxxxxx |
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Name: Xxxx X. Xxxxxxxxx |
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Its: Vice President, General Counsel & Corporate Secretary |
Riata Entities:
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Xxxxxxxxxx Energy, LP |
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A Texas limited partnership |
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By: Deut 8, LLC, Its General Partner |
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By: /s/ N. Xxxxxx Xxxxxxxx, 3rd |
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N. Xxxxxx Xxxxxxxx, 3rd, Manager |
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Viking Drilling, LLC |
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A Nevada limited liability company |
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By: /s/ N. Xxxxxx Xxxxxxxx, 3rd |
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N. Xxxxxx Xxxxxxxx, 3rd, Manager |
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Riata Management, LLC |
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An Oklahoma limited liability company |
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By: /s/ N. Xxxxxx Xxxxxxxx, 3rd |
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N. Xxxxxx Xxxxxxxx, 3rd, Manager |
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Xxxxxxxxxx Nemaha, LLC |
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A Texas limited liability company
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By: /s/ N. Xxxxxx Xxxxxxxx, 3rd |
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N. Xxxxxx Xxxxxxxx, 3rd, Manager |
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Exhibit 10.22
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A Delaware limited partnership By: Red Rock GP, LP Its: General Partner By: Red Rock UGP, LLC Its: General Partner By: Stack Play Minerals Management, LLC Its: Manager
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By: /s/ Xxxx X. Xxxxxxxx, 4th |
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Xxxx X. Xxxxxxxx, 4th, Manager |
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Red Rock Advisors, LLC |
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A Texas limited liability company By: Stack Play Minerals Management, LLC Its: Manager |
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By: /s/ Xxxx X. Xxxxxxxx, 4th |
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Xxxx X. Xxxxxxxx, 4th, Manager |
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Production Solutions International Limited |
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A Bermuda exempted company |
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By: /s/ N. Xxxxxx Xxxxxxxx, 3rd |
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N. Xxxxxx Xxxxxxxx, 3rd, Director |
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NexLube Operating, LLC |
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A Delaware limited liability company By: NexLube Management, LLC Its: Manager
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By: /s/ N. Xxxxxx Xxxxxxxx, 3rd |
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N. Xxxxxx Xxxxxxxx, 3rd, Manager |
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