Norwest Bank Colorado, N.A.
Denver
0000 Xxxxxxxx
Xxxxxx, Xxxxxxxx 00000
303/861-8811
May 7, 1997
Xx. Xxxxxxx X. Xxxxx
President
Prima Energy Corporation
Prima Oil & Gas Company
0000 Xxxxxxxx, Xxxxx 000
Xxxxxx, XX 00000
RE: Letter Agreement between Prima Energy Corporation ("PEC"), Prima Oil
& Gas Company ("POGC") and Norwest Bank Colorado, National
Association, Successor in Interest to Norwest Bank Denver, National
Association ("Norwest"), dated as of June 13, 1995 ("Agreement").
Dear Xx. Xxxxx:
This will serve as the Second Amendment of the Agreement. Effective the date
hereof, the following has been amended:
I. TERMS
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STRUCTURE
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Funds will be available on a revolving basis (i.e. borrow, repay, and
reborrow) through April 30, 1999. All outstanding balances will be due May
1, 1999.
MATURITY DATE
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The maturity is May 1, 1999. Letters of credit issued under this facility
may not be issued past April 30, 1999 and must fully expire on or before May
1, 1999, or the letters of credit be fully secured by cash deposits.
Except as specified in the Amendment, and the First Amendment, the
provisions of the Letter Agreement, and the Note shall remain in full force
and effect.
Sincerely,
NORWEST BANK COLORADO, NATIONAL ASSOCIATION
By: /s/ G. S. Xxxx Xxxxxxxx
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G. S. Xxxx Xxxxxxxx
Vice President
Energy & Minerals
AGREED TO AND ACCEPTED THIS 9 DAY OF MAY, 1997
PRIMA ENERGY CORPORATION
By: /s/ Xxxxxxx X. Xxxxx
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Xxxxxxx X. Xxxxx, President
PRIMA OIL & GAS COMPANY
By: /s/ Xxxxxxx X. Xxxxx
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Xxxxxxx X. Xxxxx, President
ACKNOWLEDGMENTS
STATE OF COLORADO )
ss )
CITY AND COUNTY OF DENVER )
The foregoing instrument was acknowledged before me on the 9th day of
May, 1997 by Xxxxxxx X. Xxxxx, President of Prima Energy Corporation and
Prima Oil & Gas Company.
Witness by hand and official seal.
/s/ Xxxxxxx X. Xxxxxx
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Notary Public
My commission expires: 7/18/97
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Xxxxxxx X. Xxxxxx
0000 Xxxxxxxx, Xxxxx 000
Xxxxxx, XX 00000
