INVESTMENT AGREEMENTInvestment Agreement • December 7th, 2016 • PDC Energy, Inc. • Crude petroleum & natural gas • Delaware
This INVESTMENT AGREEMENT (this “Agreement”), is entered into as of December 6, 2016 (the “Closing Date”) by and between PDC Energy, Inc., a Delaware corporation (the “Company”), and each of the Investors identified on Schedule 2.01 of this Agreement (collectively, the “Investors” and each individually, an “Investor”). This Agreement shall be deemed to have been entered into simultaneously with the closings of the transactions contemplated by that certain Asset Purchase and Sale Agreement by and among 299 Resources, LLC, 299 Production, LLC, 299 Pipeline, LLC, Kimmeridge Energy Management Company GP, LLC (“Kimmeridge Energy”), and the Company (the “Acquisition Agreement”). The Acquisition Agreement was entered into on August 23, 2016 (the “Acquisition Agreement Date”).
