August 4, 2020 Longfellow Energy, LP Attn: Michael Haynes 16803 Dallas Parkway Addison, TX 75001 Re: Goksu Production License M45-A4-1, Southeast Turkey Gentlemen:Transatlantic Petroleum Ltd. • August 10th, 2020 • Oil & gas field exploration services
This letter (this “Agreement”) shall evidence the agreement between TransAtlantic Petroleum, Ltd. (“TAT”) and Longfellow Energy, LP (“LFE”) concerning certain oil and gas operations related to the referenced License.
LIMITED GUARANTYLimited Guaranty • August 10th, 2020 • Transatlantic Petroleum Ltd. • Oil & gas field exploration services • Delaware
This Limited Guaranty, dated as of August 7, 2020 (this “Limited Guaranty”), is made by Dalea Partners, LP, an Oklahoma limited partnership (the “Guarantor”), in favor of Transatlantic Petroleum Ltd., a Bermuda exempted company (the “Company”). Reference is hereby made to the Agreement and Plan of Merger, dated as of the date hereof (as the same may be amended from time to time, the “Merger Agreement”), by and among TAT Holdco LLC, a Texas limited liability company (“Parent”), TAT Merger Sub LLC, a Texas limited liability company (“Merger Sub”) and the Company. Capitalized terms used but not defined herein have the meanings ascribed to them in the Merger Agreement.
AGREEMENT AND PLAN OF MERGERAgreement and Plan of Merger • August 10th, 2020 • Transatlantic Petroleum Ltd. • Oil & gas field exploration services • Delaware
This Agreement and Plan of Merger, dated as of August 7, 2020 (the “Agreement”), is by and among TAT Holdco LLC, a Texas limited liability company (“Parent”), TAT Merger Sub LLC, a Texas limited liability company and wholly-owned subsidiary of Parent (“Merger Sub” and, taken together with Parent, the “Parent Parties”), and TransAtlantic Petroleum Ltd., a Bermuda exempted company (the “Company”). Capitalized terms used but not defined elsewhere in this Agreement shall have the meanings in Section 8.12.
