ContractRevolver Loan Agreement • May 5th, 2020 • Oklahoma
EX-10.6 2 ex10-6.htm EX-10.6 Exhibit 10.6 REVOLVER LOAN AGREEMENT Dated as of November 21, 2017 between ENERGY 11, L.P. AND ENERGY 11 OPERATING COMPANY, LLC COLLECTIVELY, “BORROWERS” AND BANK SNB “BANK” REVOLVER LOAN AGREEMENT THIS REVOLVER LOAN AGREEMENT, dated effective as of November 21, 2017, is entered into between ENERGY 11, L.P., a Delaware limited partnership (“ELP”), and Energy 11 Operating Company, LLC, a Delaware limited liability company (“ELLC” and together with ELP, collectively “Borrowers”, and each, a “Borrower”), and BANK SNB, an Oklahoma state banking corporation (the “Bank”). W I T N E S S E T H: WHEREAS, Borrowers have requested the Bank to establish a joint and several revolving line of credit facility in favor of Borrowers in the maximum principal amount of SEVENTY FIVE MILLION and NO/100 DOLLARS ($75,000,000.00) (the “Revolver Commitment”) until the Revolver Final Maturity Date to be evidenced by Borrowers’ Promissory Note (Revolver Note) payable to the order of
FIRST AMENDED AND RESTATED REVOLVER LOAN AGREEMENT Dated as of September 30, 2019 between and among ENERGY 11, L.P. AND ENERGY 11 OPERATING COMPANY, LLC collectively, the "BORROWERS",Revolver Loan Agreement • November 8th, 2019 • Energy 11, L.P. • Crude petroleum & natural gas • Oklahoma
THIS FIRST AMENDED AND RESTATED REVOLVER LOAN AGREEMENT (this "Agreement"), dated effective as of September 30, 2019, is entered into between ENERGY 11, L.P., a Delaware limited partnership ("ELP"), and ENERGY 11 OPERATING COMPANY, LLC, a Delaware limited liability company ("ELLC" and together with ELP, collectively "Borrowers", and each, a "Borrower"), and SIMMONS BANK, an Arkansas banking corporation, as administrative agent for the Lenders signatory hereto, Letter of Credit Issuer, and as Agent for the signatory parties to any Intercreditor Agreement (herein defined) (the "Agent"), and the Lenders signatory parties hereto.
FIRST AMENDMENT TO REVOLVER LOAN AGREEMENTRevolver Loan Agreement • August 14th, 2012 • Ring Energy, Inc. • Crude petroleum & natural gas
THIS FIRST AMENDMENT TO REVOLVER LOAN AGREEMENT, dated effective as of May 12, 2012 (the “First Amendment”), is made and entered into by and among STANFORD ENERGY, INC., a Texas corporation (“Stanford”), STANLEY M. MCCABE, individually (“McCabe”), and as sole trustee of THE MCCABE FAMILY TRUST, as amended (the “Trust”), and LLOYD T. ROCHFORD, individually (“Rochford”, and together with Stanford, McCabe, and the Trust, collectively, the “Borrowers” and each individually, a “Borrower”), and THE F&M BANK & TRUST COMPANY, a state banking corporation (the “Bank”).
December 27, 2018Revolver Loan Agreement • March 29th, 2019 • Energy Resources 12, L.P. • Crude petroleum & natural gas
Simmons Bank, as administrative agent for the Lenders signatory below, hereby agrees to amend existing Section 6.28 of the Revolver Loan Agreement between and among Borrowers, the Administrative Agent and the Lenders signatory party thereto dated August 31, 2018 (as amended, restated or otherwise modified from time to time, the "Revolver Agreement") to provide that the minimum hedging requirement is fifty percent (50%) of Borrowers' oil and gas monthly production initially based upon that certain reserve report prepared for Lenders by Schaper International Petroleum Consulting, LLC in connection with the closing of the Loan on a rolling eighteen (18) month basis through the Revolver Final Maturity Date (with engineering report(s) to be updated every six (6) months), and thereby eliminating, effective as of November 1, 2018, the initial eighty percent (80%) minimum hedging requirement and the requirement that Borrower comply with the minimum hedging requirement at eighty percent (80%) u
REVOLVER LOAN AGREEMENT Dated as of September 30, 2016Revolver Loan Agreement • November 2nd, 2016 • Viking Investments Group, Inc. • Crude petroleum & natural gas • Oklahoma
THIS REVOLVER LOAN AGREEMENT, dated effective as of September 30, 2016, is entered into between MID-CON PETROLEUM, LLC, a Kansas limited liability company ("Borrower"), and CROSSFIRST BANK, a Kansas banking corporation (the "Bank").
July 21, 2020Revolver Loan Agreement • July 23rd, 2020 • Energy 11, L.P. • Crude petroleum & natural gas
RE: That certain First Amended And Restated Revolver Loan Agreement, dated effective as of September 30, 2019 (the "Existing Loan Agreement"), by and among ENERGY 11, L.P., a Delaware limited partnership ("ELP"), and ENERGY 11 OPERATING COMPANY, LLC, a Delaware limited liability company ("ELLC" and together with ELP, collectively "Borrowers", and each, a "Borrower"), and SIMMONS BANK, an Arkansas banking corporation, as administrative agent for the Lenders signatory hereto, Letter of Credit Issuer, and as Agent for the signatory parties to any Intercreditor Agreement (herein defined) (the "Agent"), and the Lenders signatory parties hereto.
REVOLVER LOAN AGREEMENT Dated as of May 12, 2011 between STANFORD ENERGY, INC., a Texas corporation, STANLEY M. MCCABE, an individual, STANLEY M. MCCABE, as sole trustee of the McCabe Family Trust, LLOYD T. ROCHFORD, an individual AND THE F&M BANK &...Revolver Loan Agreement • August 14th, 2012 • Ring Energy, Inc. • Crude petroleum & natural gas • Oklahoma
THIS REVOLVER LOAN AGREEMENT, dated effective as of May 12, 2011, is entered into between and among STANFORD ENERGY, INC., a Texas corporation ("Stanford"), STANLEY M. MCCABE, individually ("McCabe"), and as sole trustee of THE MCCABE FAMILY TRUST, as amended (the "Trust"), and LLOYD T. ROCHFORD, individually ("Rochford", and together with Stanford, McCabe, and the Trust, collectively, the "Borrowers" and each individually, a "Borrower"), and THE F&M BANK & TRUST COMPANY, a state banking corporation (the "Bank").
FIRST AMENDMENT TO FIRST AMENDED AND RESTATED REVOLVER LOAN AGREEMENTRevolver Loan Agreement • May 8th, 2014 • Ring Energy, Inc. • Crude petroleum & natural gas
THIS FIRST AMENDMENT TO FIRST AMENDED AND RESTATED REVOLVER LOAN AGREEMENT dated effective as of May 1, 2014 (this "First Amendment"), is made and entered into between RING ENERGY, INC., a Nevada corporation ("Borrower"), and PROSPERITY BANK, a Texas banking association, successor by merger to The F&M Bank & Trust Company (the "Bank").
FOURTH AMENDMENT TO REVOLVER LOAN AGREEMENTRevolver Loan Agreement • November 7th, 2013 • Ring Energy, Inc. • Crude petroleum & natural gas
THIS FOURTH AMENDMENT TO REVOLVER LOAN AGREEMENT, dated effective as of August 10, 2013 (the "Fourth Amendment"), is made and entered into by and among STANFORD ENERGY, INC., a Texas corporation ("Stanford"), RING ENERGY INC., a Nevada corporation ("Ring"), STANLEY M. MCCABE, individually ("McCabe"), and as sole trustee of THE MCCABE FAMILY TRUST, as amended (the "Trust"), and LLOYD T. ROCHFORD, individually ("Rochford", and together with Stanford, Ring, McCabe, and the Trust, collectively, the "Borrowers" and each individually, a "Borrower"), and THE F&M BANK & TRUST COMPANY, a state banking corporation (the "Bank").
REVOLVER LOAN AGREEMENT Dated as of June 13, 2018 between and among PETRODOME ENERGY, LLC, MID-CON PETROLEUM LLC, MID-CON DEVELOPMENT LLC AND MID-CON DRILLING LLC AND CROSSFIRST BANK REVOLVER LOAN AGREEMENTRevolver Loan Agreement • June 15th, 2018 • Viking Energy Group, Inc. • Crude petroleum & natural gas • Oklahoma
THIS REVOLVER LOAN AGREEMENT, dated effective as of June 13, 2018, is entered into between and among PETRODOME ENERGY, LLC, a Texas limited liability company (“Petrodome”), MID-CON PETROLEUM LLC, a Kansas limited liability company (“Petroleum”), MID-CON DEVELOPMENT LLC, a Kansas limited liability company (“Development”) and MID-CON DRILLING LLC, a Kansas limited liability company (“Drilling” and together with Petrodome, Petroleum and Development collectively and individually, “Borrower”), and CROSSFIRST BANK, a Kansas banking corporation (“Bank”).
THIRD AMENDMENT TO REVOLVER LOAN AGREEMENTRevolver Loan Agreement • November 7th, 2013 • Ring Energy, Inc. • Crude petroleum & natural gas
THIS THIRD AMENDMENT TO REVOLVER LOAN AGREEMENT, dated effective as of May 10, 2013 (the "Third Amendment"), is made and entered into by and among STANFORD ENERGY, INC., a Texas corporation ("Stanford"), RING ENERGY INC., a Nevada corporation ("Ring"), STANLEY M. MCCABE, individually ("McCabe"), and as sole trustee of THE MCCABE FAMILY TRUST, as amended (the "Trust"), and LLOYD T. ROCHFORD, individually ("Rochford", and together with Stanford, Ring, McCabe, and the Trust, collectively, the "Borrowers" and each individually, a "Borrower"), and THE F&M BANK & TRUST COMPANY, a state banking corporation (the "Bank").
REVOLVER LOAN AGREEMENT Dated as of December 29, 2023, by and amongRevolver Loan Agreement • January 5th, 2024 • Empire Petroleum Corp • Crude petroleum & natural gas • Oklahoma
THIS REVOLVER LOAN AGREEMENT dated effective as of December 29, 2023 (the "Effective Date"), is entered into between EMPIRE NORTH DAKOTA LLC, a Delaware limited liability company ("END"), and EMPIRE ND ACQUISITION LLC, a Delaware limited liability company ("Acquisition", and, together with END, collectively, "Borrowers"), and EQUITY BANK, a Kansas banking corporation (the "Bank"). END and Acquisition are sometimes collectively referred to herein as a "Borrower" and collectively as the "Borrowers".
September 30, 2019Revolver Loan Agreement • November 13th, 2019 • Energy Resources 12, L.P. • Crude petroleum & natural gas
