Non-Operated Escrow Agreement Sample Contracts

NON-OPERATED ESCROW AGREEMENT
Non-Operated Escrow Agreement • May 16th, 2011 • Black Elk Energy Finance Corp. • Texas

This NON-OPERATED ESCROW AGREEMENT (this "Agreement"), dated as of October 29, 2009, but made to be effective as of August 1, 2009 (the “Effective Date”) is entered into by and between W&T Offshore, Inc., a Texas corporation (“W&T”), Black Elk Energy Offshore Operations, LLC, a Texas limited liability company (“BEEOO”) and Amegy Bank National Association, as escrow agent (in such capacity, the “Escrow Agent”).

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FIRST AMENDMENT TO NON-OPERATED ESCROW AGREEMENT
Non-Operated Escrow Agreement • May 16th, 2011 • Black Elk Energy Finance Corp. • Texas

This FIRST AMENDMENT TO NON-OPERATED ESCROW AGREEMENT (this “Amendment”), dated as of November 23, 2010 is entered into by and between W&T Offshore, Inc., a Texas corporation (“W&T”), Black Elk Energy Offshore Operations, LLC, a Texas limited liability company (“BEEOO”) and Amegy Bank National Association, as escrow agent (in such capacity, the “Escrow Agent”).

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