EXHIBIT 10.1

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First Amendment
to
Fifth Amended and Restated Credit Agreement

Among
Laredo Petroleum, Inc.,
as Borrower,
Wells Fargo Bank, N.A.,
as Administrative Agent,
The Guarantors Signatory Hereto,
and
The Banks Signatory Hereto

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First Amendment to
Fifth Amended and Restated Credit Agreement
This First Amendment to Fifth Amended and Restated Credit Agreement (this “First
Amendment”), dated as of October 24, 2017 (the “First Amendment Effective
Date”), is among Laredo Petroleum, Inc., a corporation formed under the laws of
the State of Delaware (“Borrower”); each of the undersigned guarantors (the
“Guarantors”, and together with Borrower, the “Credit Parties”); each of the
Banks party hereto; and Wells Fargo Bank, N.A., as administrative agent for the
Banks (in such capacity, together with its successors, “Administrative Agent”).
Recitals
A.    Borrower, Administrative Agent and the Banks are parties to that certain
Fifth Amended and Restated Credit Agreement dated as of May 2, 2017 (the “Credit
Agreement”), pursuant to which the Banks have, subject to the terms and
conditions set forth therein, made certain credit available to and on behalf of
Borrower.
B.    The parties hereto desire to enter into this First Amendment to amend
certain terms of the Credit Agreement as set forth herein and to be effective as
of the First Amendment Effective Date.
C.    NOW, THEREFORE, in consideration of the premises and the mutual covenants
herein contained, for good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto agree as
follows:
Section 1.Defined Terms. Each capitalized term which is defined in the Credit
Agreement, but which is not defined in this First Amendment, shall have the
meaning ascribed to such term in the Credit Agreement (as amended hereby).
Unless otherwise indicated, all section references in this First Amendment refer
to the Credit Agreement.
Section 2.Amendments to Credit Agreement. In reliance on the representations,
warranties, covenants and agreements contained in this First Amendment, and
subject to the satisfaction of the conditions precedent set forth in Section 3
hereof, the Credit Agreement shall be amended effective as of the First
Amendment Effective Date in the manner provided in this Section 2.
2.1Amendment to Section 9.6 of the Credit Agreement. The first sentence of
Section 9.6 of the Credit Agreement is hereby amended and restated to read in
full as follows:
Borrower will not request any Borrowing or Letter of Credit, and Borrower shall
not use, and shall procure that its Subsidiaries and its or their respective
directors, officers, employees and agents shall not use, the proceeds of
Borrowings for any purpose other than to finance the acquisition, exploration,
and development of Mineral Interests, for working capital and general corporate
purposes (for the sake of clarity, including, to the extent permitted

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under Section 9.13 and the other provisions of this Agreement, the Redemption of
Senior Notes), and to pay fees and expenses incurred in connection with the
Closing Transactions.
2.2Amendment to Section 9.13 of the Credit Agreement. Section 9.13(a)(iii) of
the Credit Agreement is hereby amended and restated to read in full as follows:
(iii) made with an amount not exceeding the net cash proceeds from the sale or
disposition of properties not constituting Borrowing Base Properties and made
within three hundred and sixty-five (365) days of the consummation of such sale
or disposition, or
Section 3.Conditions Precedent. The effectiveness of the amendments contained in
Section 2 hereof is subject to the following:
3.1Administrative Agent shall have received counterparts of this First Amendment
from the Credit Parties and the Required Banks.
3.2Administrative Agent shall have received such other documents as
Administrative Agent or special counsel to Administrative Agent may reasonably
request.
Administrative Agent shall notify Borrower and the Banks of the effectiveness of
this First Amendment, and such notice shall be conclusive and binding.
Section 4.Representations and Warranties; Etc. Each Credit Party hereby affirms:
(a) that as of the date hereof, all of the representations and warranties
contained in each Loan Paper to which such Credit Party is a party are true and
correct in all material respects as though made on and as of the date hereof
except (i) to the extent any such representation and warranty is expressly made
as of a specific earlier date, in which case, such representation and warranty
was true as of such date and (ii) to the extent that any such representation and
warranty is expressly qualified by materiality or by reference to Material
Adverse Effect, such representation and warranty (as so qualified) is true and
correct in all respects, (b) no Defaults exist under the Loan Papers or will,
after giving effect to this First Amendment, exist under the Loan Papers and (c)
no Material Adverse Change has occurred.
Section 5.Miscellaneous.
5.1Confirmation and Effect. The provisions of the Credit Agreement (as amended
by this First Amendment) shall remain in full force and effect in accordance
with its terms following the effectiveness of this First Amendment. Each
reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof’,
“herein”, or words of like import shall mean and be a reference to the Credit
Agreement as amended hereby, and each reference to the Credit Agreement in any
other document, instrument or agreement executed and/or delivered in connection
with the Credit Agreement shall mean and be a reference to the Credit Agreement
as amended hereby.
5.2Ratification and Affirmation of Credit Parties. Each of the Credit Parties
hereby expressly (a) acknowledges the terms of this First Amendment, (b)
ratifies and affirms its

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obligations under the Facility Guaranty and the other Loan Papers to which it is
a party, (c) acknowledges, renews and extends its continued liability under the
Facility Guaranty and the other Loan Papers to which it is a party (in each
case, as amended hereby), (d) agrees that its guarantee under the Facility
Guaranty and the other Loan Papers (in each case, as amended hereby) to which it
is a party remains in full force and effect with respect to the Obligations, as
amended hereby, (e) represents and warrants that (i) the execution, delivery and
performance of this First Amendment has been duly authorized by all necessary
corporate or company action of the Credit Parties, (ii) this First Amendment
constitutes a valid and binding agreement of the Credit Parties, and (iii) this
First Amendment is enforceable against each Credit Party in accordance with its
terms except as (A) the enforceability thereof may be limited by bankruptcy,
insolvency or similar Laws affecting creditors’ rights generally, and (B) the
availability of equitable remedies may be limited by equitable principles of
general applicability, and (f) acknowledges and confirms that the amendments
contemplated hereby shall not limit or impair any Liens securing the
Obligations, each of which are hereby ratified, affirmed and extended to secure
the Obligations after giving effect to this First Amendment.
5.3Counterparts. This First Amendment may be executed by one or more of the
parties hereto in any number of separate counterparts, and all of such
counterparts taken together shall be deemed to constitute one and the same
instrument. Delivery of this First Amendment by facsimile or electronic (e.g.
pdf) transmission shall be effective as delivery of a manually executed original
counterpart hereof.
5.4No Oral Agreement. This written First Amendment, the Credit Agreement and the
other Loan Papers executed in connection herewith and therewith represent the
final agreement between the parties and may not be contradicted by evidence of
prior, contemporaneous, or unwritten oral agreements of the parties. There are
no subsequent oral agreements between the parties.
5.5Governing Law. This First Amendment (including, but not limited to, the
validity and enforceability hereof) shall be governed by, and construed in
accordance with, the laws of the State of New York.
5.6Payment of Expenses. Borrower agrees to pay or reimburse Administrative Agent
for all of its out-of-pocket costs and expenses incurred in connection with this
First Amendment, any other documents prepared in connection herewith and the
transactions contemplated hereby, including, without limitation, the reasonable
fees and disbursements of counsel to Administrative Agent.
5.7Severability. Any provision of this First Amendment which is prohibited or
unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective
to the extent of such prohibition or unenforceability without invalidating the
remaining provisions hereof, and any such prohibition or unenforceability in any
jurisdiction shall not invalidate or render unenforceable such provision in any
other jurisdiction.
5.8Successors and Assigns. This First Amendment shall be binding upon and inure
to the benefit of the parties hereto and their respective successors and
assigns.

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5.9Loan Paper. This First Amendment shall constitute a “Loan Paper” for all
purposes under the other Loan Papers.
5.10Waiver of Jury Trial. Section 14.13 of the Credit Agreement is hereby
incorporated by reference, mutatis mutandis.
[signature pages follow]

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IN WITNESS WHEREOF, the parties hereto have caused this First Amendment to be
duly executed effective as of the date first written above.
BORROWER:                LAREDO PETROLEUM, INC.

By:    /s/ Richard C. Buterbaugh    
Name:    Richard C. Buterbaugh
Title:    Executive V.P. & Chief Financial Officer

GUARANTORS:                LAREDO MIDSTREAM SERVICES, LLC

By:    /s/ Richard C. Buterbaugh    
Name:    Richard C. Buterbaugh
Title:    Executive V.P. & Chief Financial Officer

GARDEN CITY MINERALS, LLC

By:    /s/ Richard C. Buterbaugh    
Name:    Richard C. Buterbaugh
Title:    Executive V.P. & Chief Financial Officer

Signature Page to First Amendment to
Fifth Amended and Restated Credit Agreement

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WELLS FARGO BANK, N.A.,
as Administrative Agent and as a Bank

By:    /s/ Muhammad A. Dhamani        
Name:    Muhammad A. Dhamani
Title:    Director

Signature Page to First Amendment to
Fifth Amended and Restated Credit Agreement

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BANK OF AMERICA, N.A., as a Bank

By:    /s/ Michael Clayborne    
Name:    Michael Clayborne
Title:    Director

    

Signature Page to First Amendment to
Fifth Amended and Restated Credit Agreement

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ABN AMRO Capital USA LLC, as a Bank

By:    /s/ Darrell Holley        
Name:     Darrell Holley
Title:    Managing Director

By:    /s/ David Montgomery        
Name:     David Montgomery
Title:    Managing Director

Signature Page to First Amendment to
Fifth Amended and Restated Credit Agreement

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BMO HARRIS FINANCING, INC., as a Bank

By:    /s/ Gumaro Tijerina        
Name:    Gumaro Tijerina
Title:    Managing Director

Signature Page to First Amendment to
Fifth Amended and Restated Credit Agreement

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SOCIETE GENERALE, as a Bank

By:    /s/ Max Sonnonstine        
Name:    Max Sonnonstine
Title:    Director

Signature Page to First Amendment to
Fifth Amended and Restated Credit Agreement

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CAPITAL ONE, NATIONAL ASSOCIATION, as a Bank

By:    /s/ Nancy Mak        
Name:    Nancy Mak
Title:    Sr. Vice President

Signature Page to First Amendment to
Fifth Amended and Restated Credit Agreement

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COMPASS BANK, as a Bank

By:    /s/ Kari McDaniel        
Name:    Kari McDaniel
Title:    Vice President

Signature Page to First Amendment to
Fifth Amended and Restated Credit Agreement

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COMERICA BANK, as a Bank

By:    /s/ Jeffrey M. LaBauve        
Name:     Jeffrey M. LaBauve
Title:    Vice President     

Signature Page to First Amendment to
Fifth Amended and Restated Credit Agreement

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BOKF, NA dba BANK OF OKLAHOMA,
as a Bank

By:    /s/ Pam P. Schloeder        
Name:    Pam P. Schloeder
Title:    Senior Vice President

Signature Page to First Amendment to
Fifth Amended and Restated Credit Agreement

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BRANCH BANKING AND TRUST COMPANY, as a Bank

By:    /s/ Kelly Graham        
Name:    Kelly Graham
Title:    Vice President

Signature Page to First Amendment to
Fifth Amended and Restated Credit Agreement

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THE BANK OF NOVA SCOTIA, as a Bank

By:    /s/ Alan Dawson        
Name:    Alan Dawson
Title:    Director

Signature Page to First Amendment to
Fifth Amended and Restated Credit Agreement

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BARCLAYS BANK PLC, as a Bank

By:    /s/ Sydney G. Dennis        
Name:    Sydney G. Dennis
Title:    Director

Signature Page to First Amendment to
Fifth Amended and Restated Credit Agreement

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CITIBANK, N.A., as a Bank

By:    /s/ M. Jarrod Bourgeois            
Name:     M. Jarrod Bourgeois
Title:     Senior Vice President

Signature Page to First Amendment to
Fifth Amended and Restated Credit Agreement

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CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as a Bank

By:    /s/ Nupur Kumar        
Name:    Nupur Kumar
Title:    Authorized Signatory

By:    /s/ Christopher Zybrick        
Name:    Christopher Zybrick
Title:    Authorized Signatory

Signature Page to First Amendment to
Fifth Amended and Restated Credit Agreement

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ING CAPITAL LLC, as a Bank

By:    /s/ Scott Lamoreaux        
Name:    Scott Lamoreaux
Title:    Director

By:    /s/ Josh Strong    
Name:    Josh Strong
Title:    Director

Signature Page to First Amendment to
Fifth Amended and Restated Credit Agreement

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GOLDMAN SACHS BANK USA, as a Bank

By:    /s/ Chris Lam        
Name:    Chris Lam
Title:    Authorized Signatory

Signature Page to First Amendment to
Fifth Amended and Restated Credit Agreement