CREDIT AGREEMENT among AMERICAN SHALE DEVELOPMENT, INC., as Borrower, The Several Lenders from Time to Time Parties Hereto, and CHAMBERS ENERGY MANAGEMENT, LP, as Agent Dated as of February 29, 2012Credit Agreement • March 6th, 2012 • Trans Energy Inc • Crude petroleum & natural gas • New York
This CREDIT AGREEMENT, dated as of February 29, 2012, is by and among AMERICAN SHALE DEVELOPMENT, INC., a Delaware corporation (“Borrower”), the several banks and other financial institutions or entities from time to time parties to this Agreement (the “Lenders”) and CHAMBERS ENERGY MANAGEMENT, LP, as administrative agent (in such capacity, “Agent”).
EXCHANGE AGREEMENTExchange Agreement • March 6th, 2012 • Trans Energy Inc • Crude petroleum & natural gas
WHEREAS, Trans Energy desires to acquire and Prima desires to assign and convey the Prima Properties, and Prima desires to acquire and Trans Energy desires to assign and convey the Trans Energy Properties, each to the other; and
CONTRIBUTION AGREEMENTContribution Agreement • March 6th, 2012 • Trans Energy Inc • Crude petroleum & natural gas • West Virginia
This Contribution Agreement (this “Agreement”) is entered into effective as of the day of March 2012 (the “Effective Date”), by and among Trans Energy, Inc., a Nevada corporation (“Trans Energy”), and American Shale Development, Inc., a Delaware corporation (“American”).
GUARANTEE AND SECURITY AGREEMENT made by AMERICAN SHALE DEVELOPMENT, INC., PRIMA OIL COMPANY, INC., TRANS ENERGY, INC. and certain affiliates thereof in favor of CHAMBERS ENERGY MANAGEMENT, LP, as Agent Dated as of March [ ], 2012Guarantee and Security Agreement • March 6th, 2012 • Trans Energy Inc • Crude petroleum & natural gas • New York
This GUARANTEE AND SECURITY AGREEMENT, dated as of March [ ], 2012 (as amended, restated, supplemented or otherwise modified from time to time, this “Agreement”), is made by TRANS ENERGY, INC., a Nevada corporation (“Holdings”), AMERICAN SHALE DEVELOPMENT, INC., a Delaware corporation (“Borrower”) and PRIMA OIL COMPANY, INC., a Delaware corporation (“Prima”, and, together with Holdings, Borrower and any other entity that may become a “Grantor” party signatory hereto as provided herein, the “Grantors”), in favor of CHAMBERS ENERGY MANAGEMENT, LP, as administrative agent (in such capacity, the “Agent”) for the banks and other financial institutions or entities from time to time parties to that certain Credit Agreement, dated as of February 29, 2012 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), by and among Borrower, the several banks and other financial institutions or entities from time to time party thereto (the “Lenders”), and Ch
