Parallel Petroleum Corporation Common Stock UNDERWRITING AGREEMENTUnderwriting Agreement • December 5th, 2007 • Parallel Petroleum Corp • Crude petroleum & natural gas • New York
Contract Type FiledDecember 5th, 2007 Company Industry JurisdictionIntroductory. Parallel Petroleum Corporation, a Delaware corporation (the “Company”), proposes to issue and sell to Jefferies & Company, Inc., as sole underwriter (the “Underwriter”), an aggregate of 3,000,000 shares of its common stock, par value $.01 per share (the “Shares”). The 3,000,000 Shares to be sold by the Company are collectively called the “Offered Shares.”