THIRD AMENDMENT TO SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • November 13th, 2007 • Gastar Exploration LTD • Crude petroleum & natural gas • New York
Contract Type FiledNovember 13th, 2007 Company Industry JurisdictionThis THIRD AMENDMENT TO SECURITIES PURCHASE AGREEMENT (this "Amendment"), dated as of November 6, 2007 (this "Effective Date"), is by and among Gastar Exploration Ltd., an Alberta corporation (the "Company"), Field Point III, Ltd., a Delaware limited liability partnership ("Field III"), Field Point IV, Ltd., a Delaware limited partnership ("Field IV"), SPF CDO I, Ltd., a Delaware limited partnership ("SPF I"), Wayzata Recovery Fund, LLC, a Delaware limited liability company ("Wayzata"), Cyrus Opportunities Master Fund II, Ltd., a Delaware limited partnership ("Cyrus" and together with SPCP, SPF I and Wayzata, the "Buyers" with each being a "Buyer"). Capitalized terms used in this Amendment but not defined herein have the meaning set forth in the Securities Purchase Agreement (as defined below).