COMMON STOCKUnderwriting Agreement • June 18th, 1999 • Basin Exploration Inc • Crude petroleum & natural gas • New York
June 17, 1999Basin Exploration Inc • June 18th, 1999 • Crude petroleum & natural gas
Basin Exploration, Inc. (the "Company") and you are parties to an Underwriting Agreement dated June 17, 1999 (the "Underwriting Agreement"), pursuant to which the Company and you are selling to Goldman, Sachs & Co., Banc of America Securities LLC, Dain Rauscher Wessels, a division of Dain Rauscher Incorporated, and Petrie Parkman & Co., Inc. (collectively, the "Underwriters") 3,750,000 and 250,000 shares, respectively, of the Company's common stock, $.01 par value per share, plus, if so elected by the Underwriters, up to an additional 562,500 and 37,500 shares, respectively, to cover over-allotments (the "Shares"). In the Underwriting Agreement, the Company and you have jointly and severally agreed to indemnify the Underwriters against certain losses incurred in connection with the offer and sale of the Shares, subject to the terms and conditions set forth therein. By this letter, the Company agrees to indemnify you from and against liabilities that you may incur pursuant to the Underw
