DEVELOPMENT FINANCE AGREEMENT
----------------------------------------------------
Harken Energy Corporation
and
EnCap Energy Capital Fund III, L. P.,
EnCap Energy Capital Fund III-B, L. P.,
BOCP Energy Partners, L. P.
and
Energy Capital Investment Company PLC
----------------------------------------------------
October 17, 1997
全文目录如下:
详细内容见附件
ARTICLE I
Definitions and References
Section 1.2. References and Titles
ARTICLE II
Advancement of Capital
ARTICLE III
Net Profits Interest
Section 3.1. Net Profits Interest
Section 3.5. Additional Account Matters
Section 3.8. Overpayments and Underpayments
Section 3.9. Prudent Operator Standard
Section 3.10. Sales of Subject Hydrocarbons
Section 3.12. Contracts with Affiliates
Section 3.13. Government Regulation
Section 3.15. Pooling and unitization
Section 3.16. Non-consent Operations
Section 3.17. No Personal Liability; Indemnification
Section 3.18. Access to Books and Records
Section 4.1. Exercise of Investors' Option
Section 4.2. Number of Common Shares
Section 4.3. Issuance of Common Shares
Section 4.4. Reduction of Designated Percentage
Section 4.5. Owner's Cash Option
Section 5.1. Exercise of Owner's Option
Section 5.2. Number of Common Shares
Section 5.4. Issuance of Common Shares and Payment of Cash
Section 5.5. Elimination of Designated Percentage
ARTICLE VI
Issuance of Additional Common Shares
Section 6.1. Issuance of Additional Shares
Section 6.2. Certain Definitions
ARTICLE VII
Owner Representations, Warranties and Covenants
Section 7.1. Organization and Corporate Authority
Section 7.2. Qualification to do Business
Section 7.3. Charter, Bylaws, Etc
Section 7.6. Authority of Owner
Section 7.8. Governmental Consents
Section 7.9. Reports and Financial Statements of Owner
Section 7.11. Owner's Common Shares
Section 7.12. Association Contracts
Section 7.13. Ownership of Harken Colombia
Section 7.14. Certain Tax Matters
Section 7.15. Absence of Bankruptcy Proceedings
Section 7.19. Compliance with Laws
Section 7.20. Compliance with Environmental Laws
Section 7.21. Harken Colombia Organization and Corporate Authority
Section 7.22. Harken Colombia Qualification to do Business
Section 7.23. Harken Colombia Charter and Bylaws
Section 7.24. Harken Colombia Non-Contravention
Section 7.25. Harken Colombia Governmental Consents
Section 7.26. Harken Colombia Disclosure
Section 7.27. Continuing Representations and Warranties
ARTICLE VIII
Investors Representations, Warranties and Covenants
Section 8.1. Organization and Partnership or Corporate Authority
Section 8.3. Authority of Investor
Section 8.4. Non-Contravention
Section 8.5. Governmental Consents
Section 8.6. Investment Intent
Section 8.7. Disclosure of Information
Section 8.8. Accredited Investor and Experience
Section 8.9. Restricted Securities
Section 8.11. Continuing Representations and Warranties
Section 9.1. Assignment by Harken Colombia
Section 9.2. Assignment by Investors
Section 9.4. Adjustments for Consolidation, Merger, Sale of Assets, Reorganization, etc
Section 9.6. Public Announcements
Section 9.9. Waivers and Amendments
Section 9.11. Binding Effect; No Assignment; No Third Party Benefit
Section 9.12. Entire Agreement
Section 9.14. United States Dollars
Section 9.15. Survival of Representations and Warranties
Section 9.16. Rights as Stockholder
Section 9.19. Consent to Jurisdiction
Section 9.20. Guaranty of Owner
Section 9.21. Further Assurances
DEVELOPMENT FINANCE AGREEMENT
THIS DEVELOPMENT FINANCE AGREEMENT (this "Agreement") is made as of the 17th day of October, 1997, by and among HARKEN ENERGY CORPORATION, a Delaware corporation (herein called "Owner"), and ENCAP ENERGY CAPITAL FUND III, L. P., a Texas limited partnership, ENCAP ENERGY CAPITAL FUND III-B, L. P., a Texas limited partnership, BOCP ENERGY PARTNERS, L. P., a Texas limited partnership, and ENERGY CAPITAL INVESTMENT COMPANY PLC, an English investment company (herein collectively called "Investors"). In consideration of the mutual covenants and agreements contained herein, the parties hereto hereby agree as follows:
ARTICLE I
Definitions and References
Section 1.1. Defined Terms. As used in this Agreement, each of the following terms has the meaning given it in this Section 1.1 or in the sections or subsections referred to below:
"Account" shall have the meaning assigned to it in Section 3.2.
"Advances" shall have the meaning assigned to it in Section 2.1.