UNDERWRITING AGREEMENTUnderwriting Agreement • January 18th, 2007 • Double Eagle Petroleum Co • Crude petroleum & natural gas • Maryland
Introductory. Double Eagle Petroleum Co., a Maryland corporation (the “Company”), proposes to issue and sell to Ferris, Baker Watts, Incorporated, as sole underwriter (the “Underwriter”), an aggregate of 450,000 shares (the “Firm Shares”) of its common stock, par value $.10 per share (the “Shares”). In addition, the Company has granted to the Underwriter an option to purchase up to an additional 50,000 Shares (the “Option Shares”), as provided in Section 2. The Firm Shares and, if and to the extent such option is exercised, the Option Shares are collectively called the “Offered Shares.”
