FIFTH AMENDMENT TO CREDIT AGREEMENTCredit Agreement • October 31st, 2006 • Pioneer Drilling Co • Drilling oil & gas wells • Texas
THIS FIFTH AMENDMENT TO CREDIT AGREEMENT (the “Fifth Amendment”) is entered into as of the 30th day of October, 2006, to be effective as of October 25, 2006, by and among PIONEER DRILLING SERVICES, LTD., a Texas limited partnership (“Borrower”); PIONEER DRILLING COMPANY, a Texas corporation; PDC MGMT. CO., a Texas corporation; PDC INVESTMENT CORP., a Delaware corporation; and THE FROST NATIONAL BANK, a national banking association (in its individual capacity, “Frost Bank”), for itself, as Lender, as Lead Arranger, and as Agent for Lenders.
