1,400,000 Shares 9.25% Series A Cumulative Preferred Stock, Par Value $0.10 Per Share and Liquidation Preference $25.00 Per Share Double Eagle Petroleum Co. UNDERWRITING AGREEMENT June 29, 2007Underwriting Agreement • June 29th, 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 1,400,000 shares (the “Firm Shares”) of the Company’s 9.25% Series A Cumulative Preferred Stock, par value $.10 per share (liquidation preference of $25.00 per share) (the “Preferred Stock”). In addition, the Company has granted to the Underwriter an option to purchase up to an additional 210,000 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.”
