Exhibit 10.1.3

 

SECOND AMENDMENT TO THIRD AMENDED

AND RESTATED CREDIT AGREEMENT

 

This Second Amendment to Third Amended and Restated Credit Agreement (this
“Second Amendment”) is entered into as of the 1st day of October, 2003 (the
“Effective Date”), by and among Patina Oil & Gas Corporation, a Delaware
corporation (“Borrower”), Bank One, NA, as Administrative Agent (“Administrative
Agent”), and the financial institutions parties hereto as Banks (“Banks”).

 

W I T N E S S E T H

 

WHEREAS, Borrower, Administrative Agent, the other agents a party thereto and
Banks are parties to that certain Third Amended and Restated Credit Agreement
dated as of January 28, 2003, as amended by that certain First Amendment to
Third Amended and Restated Credit Agreement dated as of May 1, 2003 (as amended,
the “Credit Agreement”) (unless otherwise defined herein, all terms used herein
with their initial letter capitalized shall have the meaning given such terms in
the Credit Agreement); and

 

WHEREAS, pursuant to the Credit Agreement, Banks have made a revolving credit
loan to Borrower and provided certain other credit accommodations to Borrower;
and

 

WHEREAS, Borrower has requested that Banks (i) amend certain terms of the Credit
Agreement in certain respects and (ii) consent to certain transactions more
particularly described herein, and subject to and upon the terms and conditions
set forth herein, Banks have agreed to Borrower’s requests; and

 

WHEREAS, Borrower desires to increase the Total Commitment to $500,000,000; and

 

WHEREAS, the parties desire to affirm and establish a Borrowing Base of
$500,000,000 to be effective as of October 1, 2003 and continuing until the
first Determination thereafter.

 

NOW THEREFORE, for and in consideration of the mutual covenants and agreements
herein contained and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged and confessed, Borrower,
Administrative Agent and Banks hereby agree as follows:

 

Section 1. Amendments. In reliance on the representations, warranties, covenants
and agreements contained in this Second Amendment, and subject to the
satisfaction of the conditions precedent set forth in Section 5 hereof, the
Credit Agreement shall be amended effective as of the Effective Date in the
manner provided in this Section 1.

 

1.1 Additional Definitions. Section 2.1 of the Credit Agreement shall be amended
to add thereto in alphabetical order the definitions of “CEI,” “CEP,”
“Cordillera Acquisition,” “Cordillera Acquisition Agreement,” and “Second
Amendment” which shall read in full as follows:

 

“CEI” means (a) prior to the CEI Name Change (as defined in the Second
Amendment), Cordillera Energy, Inc., a Colorado

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corporation, and (b) from and after the CEI Name Change, Patina San Juan,
Incorporated, a Colorado corporation, which, from and after the date of the
Cordillera Acquisition, shall be a Restricted Subsidiary.

 

“CEP” means Cordillera Energy Partners, LLC, a Texas limited liability company.

 

“Cordillera Acquisition” means the acquisition by Borrower from CEP, on or prior
to October 1, 2003, of (i) 100% of the Equity of CEI and (ii) the other Assets
(as defined in the Cordillera Acquisition Agreement).

 

“Cordillera Acquisition Agreement” means that certain Purchase and Sale
Agreement, and any amendment or modification thereto, dated as of August 25,
2003 between Borrower, as purchaser thereunder, and CEP, as seller thereunder,
pursuant to which the Cordillera Acquisition is consummated.

 

“Second Amendment” means that certain Second Amendment to Third Amended and
Restated Credit Agreement dated as of October 1, 2003 among Borrower,
Administrative Agent and Banks.

 

1.2 Amendment to Definition. The definition of “Loan Papers” contained in
Section 2.1 of the Credit Agreement shall be amended to read in full as follows:

 

“Loan Papers” means this Agreement, the Notes, the First Amendment, the Second
Amendment, each Restricted Subsidiary Guarantee now or hereafter executed, each
Restricted Subsidiary Pledge Agreement now or hereafter executed, the Existing
Mortgages (as amended by the Assignments and Amendments to Mortgages), all
Mortgages now or at any time hereafter delivered pursuant to Section 6.1, the
Assignments and Amendments to Mortgages, any and all other assignments and/or
amendments to Mortgages, and all other certificates, documents or instruments
delivered in connection with this Agreement, as the foregoing may be amended
from time to time.

 

1.3 Amendment to Acquisitions Covenant. Section 10.13 of the Credit Agreement
shall be amended to read in full as follows:

 

“SECTION 10.13 Acquisitions. Other than the Cordillera Acquisition, Borrower
will not, nor will Borrower permit any of its Restricted Subsidiaries to,
acquire, in a single transaction or a series of related transactions, all or
substantially all of the assets or capital stock (or other outstanding equity
interests of any Person) or all or substantially all of the assets comprising a

 

2

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division of any Person; provided, that nothing contained in this Section 10.13
shall prohibit Borrower or any Restricted Subsidiary of Borrower from making any
acquisition of assets consisting of oil and gas properties or any other
acquisition which is also a Permitted Investment.”

 

1.4 Revised Schedules. Schedule 2.1 and Schedule 8.15 attached hereto shall
modify and replace in their entirety the existing Schedule 2.1 and Schedule 8.15
to the Credit Agreement.

 

Section 2. Consent to Cordillera Acquisition. Borrower has requested that Banks
consent to the consummation of the Cordillera Acquisition (as such term is
defined in the Credit Agreement as amended by this Second Amendment). In
reliance on the representations, warranties, covenants and agreements contained
in the Credit Agreement and this Second Amendment, and subject to the conditions
precedent set forth in Section 5 hereof, Banks hereby consent to the
consummation of the Cordillera Acquisition pursuant to, and in accordance with,
the terms of the Cordillera Acquisition Agreement (a true, correct and complete
copy of which Borrower has provided to Administrative Agent). The consent
contained in this Section 2 is limited solely to the consummation of the
Cordillera Acquisition. Nothing contained herein shall be deemed (a) a consent
to any action other than the consummation of the Cordillera Acquisition, or (b)
a waiver of any provision of the Credit Agreement or any other Loan Papers. In
addition, such consent is a limited, one-time consent, and nothing contained
herein shall obligate Banks to grant any additional or future consent with
respect to, or in connection with, any provision of any Loan Paper.

 

Section 3. Consent to Name Change of CEI. Borrower has advised Administrative
Agent and Banks that CEI intends to change its name to Patina San Juan,
Incorporated (the “CEI Name Change”) on or prior to October 31, 2003 (the actual
date on which the CEI Name Change occurs and is effectuated is hereinafter
referred to as the “CEI Name Change Date”). The CEI Name Change will violate
certain provisions of the Credit Agreement and other Loan Papers, and Borrower
has requested that Administrative Agent and Banks consent to the CEI Name Change
and waive any inconsistent provisions of the Credit Agreement or other Loan
Papers with respect thereto. Administrative Agent and Banks hereby consent to
the CEI Name Change and waive any inconsistent provisions of the Credit
Agreement and other Loan Papers so long as the CEI Name Change occurs on or
before October 31, 2003. In addition, Borrower hereby covenants that, within ten
(10) Domestic Business Days after the CEI Name Change Date, it will deliver to
Administrative Agent (a) evidence reasonably satisfactory to Administrative
Agent, including all necessary filings filed with appropriate governmental
authorities, evidencing that the CEI Name Change has occurred, and (b)
certificates evidencing one-hundred percent (100%) of the issued and outstanding
capital stock of Patina San Juan, Incorporated of every class (which
certificates shall be accompanied by duly executed blank stock powers).

 

Section 4. Borrowing Base, Total Commitment and Required Reserve Value.
Effective as of October 1, 2003, (a) the Borrowing Base shall be affirmed at
$500,000,000 and shall remain at $500,000,000 until the next Determination
thereafter, (b) the Total Commitment shall be increased to $500,000,000, and (c)
the Required Reserve Value shall be affirmed at $625,000,000. Borrower and Banks
agree that the Determination provided for in this Section 4

 

3

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(1) shall be in lieu of the Periodic Determination scheduled to occur on
November 1, 2003, such that the first Periodic Determination following the
Determination provided for in this Section 4 shall occur on May 1, 2004, and (2)
shall not be construed or deemed to be a Special Determination for purposes of
Section 5.3 of the Credit Agreement.

 

Section 5. Conditions Precedent. The amendments contained in Section 1 hereof,
the consent contained in Section 2 hereof, and the consent and waiver contained
in Section 3 hereof, are subject to the satisfaction of each of the following
conditions precedent on or before the Effective Date (and, with respect to the
CEI Name Change, the conditions set forth in Section 3 hereof on or before the
dates set forth therein, as applicable):

 

5.1 Closing Deliveries. Administrative Agent shall have received each of the
following documents, instruments and agreements, each of which shall be in form
and substance and executed in such counterparts as shall be acceptable to
Administrative Agent and each Bank:

 

(a) a Note, payable to the order of each Bank whose Commitment Percentage is
changed in connection with the Increase in the Total Commitment described in
Section 4(b) of this Second Amendment, in the amount of such Bank’s Commitment
as reflected on Schedule 2.1 hereto;

 

(b) a Restricted Subsidiary Guarantee duly executed by CEI;

 

(c) a Restricted Subsidiary Pledge Agreement duly executed by Borrower together
with certificates evidencing one hundred percent (100%) of the issued and
outstanding capital stock of CEI of every class (which certificates shall be
accompanied by duly executed blank stock powers);

 

(d) Administrative Agent shall have received such Mortgages, in form and
substance acceptable to Administrative Agent, duly executed by Borrower and CEI
(as applicable), and all financing statements, necessary or appropriate to
grant, evidence and perfect first priority Liens in favor of Administrative
Agent, for the ratable benefit of Banks, on the Assets (as defined in the
Cordillera Acquisition Agreement, and hereinafter defined as the “Cordillera
Assets”) to secure the Obligations;

 

(e) Administrative Agent shall have received fully executed Amendments for
Increased or New Commitments increasing the Total Commitment as set forth in
Section 4(b) hereof, duly executed by Borrower, Administrative Agent and each
Bank whose Commitment is increased in connection with such Increase of the Total
Commitment, which such revised Commitments and Total Commitment are set forth on
Schedule 2.1 hereto;

 

(f) opinions of (1) Roberts & Strother, P.C., special New Mexico counsel to
Administrative Agent, and (2) Gable & Gotwals, special Oklahoma counsel to
Administrative Agent, each favorably opining to such matters as Administrative
Agent and Banks shall request;

 

(g) evidence satisfactory to Administrative Agent that the Liens in favor of
Bank One, NA, as administrative agent (“CEP Agent”) under that certain Credit
Agreement dated as of November 30, 2000 (as amended, the “CEP Credit Agreement”)
among CEP

 

4

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Agent, CEP, as borrower thereunder, and the financial institutions party
thereto, encumbering the Cordillera Assets have been released;

 

(h) such UCC-11 search reports as Administrative Agent shall require, prepared
as of a date not more than twenty (20) days prior to the Effective Date,
conducted in such jurisdictions and reflecting such names as Administrative
Agent shall request;

 

(i) such resolutions, certificates and other documents relating to the existence
of CEI, the corporate authority for the execution, delivery and performance of
the documents described in subclauses (a), (b), (c) and (d) above, and certain
other matters relevant thereto, in form and substance satisfactory to
Administrative Agent; and

 

(j) a true, correct and complete copy of the Cordillera Acquisition Agreement,
together with all material agreements, certificates, documents and instruments
executed and delivered by, between or among Borrower, CEP and/or CEI pursuant to
the Cordillera Acquisition Agreement or in connection with the Cordillera
Acquisition.

 

5.2 Title Review. As a condition precedent to the effectiveness of this Second
Amendment, Administrative Agent or its counsel shall have completed a review
satisfactory to Administrative Agent of title to the oil and gas properties (a)
acquired by Borrower pursuant to the Cordillera Acquisition and (b) owned by
CEI, and such review shall not have revealed any condition or circumstance which
would reflect that the representations and warranties contained in Section 8.9
of the Credit Agreement are inaccurate in any respect.

 

5.3 Cordillera Acquisition. Subject only to the disbursement and application of
a Borrowing, the Cordillera Acquisition shall have occurred (or Administrative
Agent shall be satisfied that such transaction will occur simultaneously
therewith).

 

5.4 No Default. After giving effect to the consent contained in Section 2
hereof, no Default or Event of Default shall have occurred which is continuing.

 

5.5 Other Documents. Administrative Agent shall have been provided with such
other documents, instruments and agreements, and Borrower shall have taken such
actions, as Administrative Agent may reasonably require in connection with this
Second Amendment, the Cordillera Acquisition Agreement, the Cordillera
Acquisition and the transactions contemplated hereby.

 

5.6 Fees. Borrower shall have paid to (a) Administrative Agent for the benefit
of each Bank whose Commitment is increased pursuant to this Second Amendment a
fee in the amount of $500,000.00, which fee shall be distributed ratably among
such Banks based on the percentage of the Increase that is allocated to each
such Bank’s Commitment, and (b) Administrative Agent and its Affiliates such
other fees as Borrower shall be required to pay to Administrative Agent and its
Affiliates pursuant to any separate agreement between Borrower and
Administrative Agent or any of its Affiliates in connection with the Credit
Agreement, this Second Amendment and the transactions contemplated hereby.

 

5

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Section 6. Representations and Warranties of Borrower. To induce Banks and
Administrative Agent to enter into this Second Amendment, Borrower hereby
represents and warrants to Banks and Administrative Agent as follows:

 

6.1 Reaffirm Existing Representations and Warranties. Each representation and
warranty of Borrower contained in the Credit Agreement and the other Loan Papers
is true and correct on the date hereof and will be true and correct after giving
effect to the amendments and consent set forth herein.

 

6.2 Due Authorization; No Conflict. The execution, delivery and performance by
Borrower of this Second Amendment are within Borrower’s corporate powers, have
been duly authorized by all necessary action, require no action by or in respect
of, or filing with, any governmental body, agency or official and do not violate
or constitute a default under any provision of applicable law or any Material
Agreement binding upon Borrower or the Subsidiaries of Borrower or result in the
creation or imposition of any Lien upon any of the assets of Borrower or the
Subsidiaries of Borrower except Permitted Encumbrances.

 

6.3 Validity and Enforceability. This Second Amendment constitutes the valid and
binding obligation of Borrower enforceable in accordance with its terms, except
as (i) the enforceability thereof may be limited by bankruptcy, insolvency or
similar laws affecting creditor’s rights generally, and (ii) the availability of
equitable remedies may be limited by equitable principles of general
application.

 

6.4 No Default or Event of Default. After giving effect to the amendments and
consent set forth herein, no Default or Event of Default has occurred which is
continuing.

 

6.5 Minimum Value. After the consummation of the Cordillera Acquisition and
after giving effect to the amendments set forth herein, Borrower will be in
compliance with Section 3.10(b)(vi) of the Credit Agreement.

 

Section 7. Miscellaneous.

 

7.1 Restricted Subsidiary. Borrower hereby designates CEI as a Restricted
Subsidiary.

 

7.2 Reaffirmation of Loan Papers. Any and all of the terms and provisions of the
Credit Agreement and the Loan Papers shall, except as amended and modified
hereby, remain in full force and effect. 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 as they may be
increased pursuant hereto.

 

7.3 Parties in Interest. All of the terms and provisions of this Second
Amendment shall bind and inure to the benefit of the parties hereto and their
respective successors and assigns.

 

7.4 Legal Expenses. Borrower hereby agrees to pay on demand all reasonable fees
and expenses of counsel to Administrative Agent incurred by Administrative Agent
in

 

6

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connection with the preparation, negotiation and execution of this Second
Amendment and all related documents.

 

7.5 Counterparts. This Second Amendment may be executed in counterparts, and all
parties need not execute the same counterpart; however, no party shall be bound
by this Second Amendment until Borrower and Banks have executed a counterpart.
Facsimiles shall be effective as originals.

 

7.6 Complete Agreement. THIS SECOND AMENDMENT, THE CREDIT AGREEMENT AND THE
OTHER LOAN PAPERS REPRESENT THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT
BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR ORAL AGREEMENTS OF THE
PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN OR AMONG THE PARTIES.

 

7.7 Headings. The headings, captions and arrangements used in this Second
Amendment are, unless specified otherwise, for convenience only and shall not be
deemed to limit, amplify or modify the terms of this Second Amendment, nor
affect the meaning thereof.

 

IN WITNESS WHEREOF, the parties hereto have caused this Second Amendment to be
duly executed by their respective authorized officers on the date and year first
above written.

 

[SIGNATURE PAGES FOLLOW]

 

 

7

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SIGNATURE PAGE TO

SECOND AMENDMENT TO THIRD AMENDED

AND RESTATED CREDIT AGREEMENT

BY AND AMONG PATINA OIL & GAS CORPORATION,

AS BORROWER, BANK ONE, NA, AS ADMINISTRATIVE AGENT,

AND BANKS PARTY THERETO

 

BORROWER:

 

PATINA OIL & GAS CORPORATION, a

Delaware corporation

By:   /s/    DAVID J. KORNDER           

--------------------------------------------------------------------------------

   

David J. Kornder,

Executive Vice President and

Chief Financial Officer

 

[Signature Page]

--------------------------------------------------------------------------------

SIGNATURE PAGE TO

SECOND AMENDMENT TO THIRD AMENDED

AND RESTATED CREDIT AGREEMENT

BY AND AMONG PATINA OIL & GAS CORPORATION,

AS BORROWER, BANK ONE, NA, AS ADMINISTRATIVE AGENT,

AND BANKS PARTY THERETO

 

ADMINISTRATIVE AGENT:

 

BANK ONE, NA, as Administrative Agent

By:   /s/    J. SCOTT FOWLER          

--------------------------------------------------------------------------------

   

J. Scott Fowler,

Director, Capital Markets

 

BANKS:

 

BANK ONE, NA

By:   /s/    J. SCOTT FOWLER           

--------------------------------------------------------------------------------

   

J. Scott Fowler,

Director, Capital Markets

 

[Signature Page]

--------------------------------------------------------------------------------

SIGNATURE PAGE TO

SECOND AMENDMENT TO THIRD AMENDED

AND RESTATED CREDIT AGREEMENT

BY AND AMONG PATINA OIL & GAS CORPORATION,

AS BORROWER, BANK ONE, NA, AS ADMINISTRATIVE AGENT,

AND BANKS PARTY THERETO

 

WACHOVIA BANK, NATIONAL ASSOCIATION

By:   /s/    PHILIP TRINDER          

--------------------------------------------------------------------------------

Name:

  Philip Trinder

Title:

  Vice President

 

[Signature Page]

--------------------------------------------------------------------------------

SIGNATURE PAGE TO

SECOND AMENDMENT TO THIRD AMENDED

AND RESTATED CREDIT AGREEMENT

BY AND AMONG PATINA OIL & GAS CORPORATION,

AS BORROWER, BANK ONE, NA, AS ADMINISTRATIVE AGENT,

AND BANKS PARTY THERETO

 

WELLS FARGO BANK, N.A.

By:   /s/    TODD STORNETTA  

--------------------------------------------------------------------------------

Name:

  Todd Stornetta

Title:

  Vice President

 

[Signature Page]

--------------------------------------------------------------------------------

SIGNATURE PAGE TO

SECOND AMENDMENT TO THIRD AMENDED

AND RESTATED CREDIT AGREEMENT

BY AND AMONG PATINA OIL & GAS CORPORATION,

AS BORROWER, BANK ONE, NA, AS ADMINISTRATIVE AGENT,

AND BANKS PARTY THERETO

 

BANK OF AMERICA, N.A.

By:

  /s/    RICHARD L. STEIN  

--------------------------------------------------------------------------------

Name:

  Richard L. Stein

Title:

  Principal

 

[Signature Page]

--------------------------------------------------------------------------------

SIGNATURE PAGE TO

SECOND AMENDMENT TO THIRD AMENDED

AND RESTATED CREDIT AGREEMENT

BY AND AMONG PATINA OIL & GAS CORPORATION,

AS BORROWER, BANK ONE, NA, AS ADMINISTRATIVE AGENT,

AND BANKS PARTY THERETO

 

CREDIT LYONNAIS NEW YORK BRANCH

By:

  /s/    PHILIPPE SOUSTRA  

--------------------------------------------------------------------------------

Name:

  Philippe Soustra

Title:

  Executive Vice President

 

[Signature Page]

--------------------------------------------------------------------------------

SIGNATURE PAGE TO

SECOND AMENDMENT TO THIRD AMENDED

AND RESTATED CREDIT AGREEMENT

BY AND AMONG PATINA OIL & GAS CORPORATION,

AS BORROWER, BANK ONE, NA, AS ADMINISTRATIVE AGENT,

AND BANKS PARTY THERETO

 

COMERICA BANK

By:

  /s/    THOMAS G. RAJAN  

--------------------------------------------------------------------------------

Name:

  Thomas G. Rajan

Title:

  Vice President – Texas Division

 

[Signature Page]

--------------------------------------------------------------------------------

SIGNATURE PAGE TO

SECOND AMENDMENT TO THIRD AMENDED

AND RESTATED CREDIT AGREEMENT

BY AND AMONG PATINA OIL & GAS CORPORATION,

AS BORROWER, BANK ONE, NA, AS ADMINISTRATIVE AGENT,

AND BANKS PARTY THERETO

 

BANK OF OKLAHOMA, N.A.

By:

  /s/    MICHAEL M. LOGAN  

--------------------------------------------------------------------------------

Name:

  Michael M. Logan

Title:

  Senior Vice President

 

[Signature Page]

--------------------------------------------------------------------------------

SIGNATURE PAGE TO

SECOND AMENDMENT TO THIRD AMENDED

AND RESTATED CREDIT AGREEMENT

BY AND AMONG PATINA OIL & GAS CORPORATION,

AS BORROWER, BANK ONE, NA, AS ADMINISTRATIVE AGENT,

AND BANKS PARTY THERETO

 

 

BANK OF SCOTLAND By:   /s/    JOSEPH FRATUS        

--------------------------------------------------------------------------------

Name:

  Joseph Fratus

Title:

  First Vice President

 

 

 

 

[Signature Page]

--------------------------------------------------------------------------------

SIGNATURE PAGE TO

SECOND AMENDMENT TO THIRD AMENDED

AND RESTATED CREDIT AGREEMENT

BY AND AMONG PATINA OIL & GAS CORPORATION,

AS BORROWER, BANK ONE, NA, AS ADMINISTRATIVE AGENT,

AND BANKS PARTY THERETO

 

BNP PARIBAS

By:

  /s/    BETSY JOCHER          

--------------------------------------------------------------------------------

Name:

  Betsy Jocher

Title:

  Vice President

By:

 

/s/    POLLY SCHOTT      

--------------------------------------------------------------------------------

Name:

  Polly Schott

Title:

  Vice President

 

[Signature Page]

--------------------------------------------------------------------------------

SIGNATURE PAGE TO

SECOND AMENDMENT TO THIRD AMENDED

AND RESTATED CREDIT AGREEMENT

BY AND AMONG PATINA OIL & GAS CORPORATION,

AS BORROWER, BANK ONE, NA, AS ADMINISTRATIVE AGENT,

AND BANKS PARTY THERETO

 

COMPASS BANK

By:

  /s/    JOHN M. FALBO          

--------------------------------------------------------------------------------

Name:

  John M. Falbo

Title:

  Senior Vice President

 

[Signature Page]

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SCHEDULE 2.1

 

FINANCIAL INSTITUTIONS

 

Banks

--------------------------------------------------------------------------------

   Total Commitment
Amount

--------------------------------------------------------------------------------

   Commitment
Percentage

--------------------------------------------------------------------------------

 

Bank One, NA

   $ 59,000,000    11.8000000000 %

Wachovia Bank, National Association

   $ 59,000,000    11.8000000000 %

Wells Fargo Bank, N.A.

   $ 59,000,000    11.8000000000 %

Bank of America, N.A.

   $ 59,000,000    11.8000000000 %

Credit Lyonnais New York Branch

   $ 59,000,000    11.8000000000 %

Comerica Bank

   $ 50,000,000    10.0000000000 %

Bank of Scotland

   $ 50,000,000    10.0000000000 %

BNP Paribas

   $ 50,000,000    10.0000000000 %

Bank of Oklahoma, N.A.

   $ 30,000,000    6.0000000000 %

Compass Bank

   $ 25,000,000    5.0000000000 %

Totals:

   $ 500,000,000    100 %

 

Banks

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Domestic Lending Office

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Eurodollar Lending Office

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Address for Notice

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Bank One, NA

 

One Bank One Plaza

Mail Code IL1-0634

Chicago, Illinois 60670

Attn: Ken Fecko

Tel No. (312) 732-4616

Fax No. (312) 732-4840

 

One Bank One Plaza

Mail Code IL1-0634

Chicago, Illinois 60670

Attn: Ken Fecko

Tel No. (312) 732-4616

Fax No. (312) 732-4840

 

1717 Main Street

4th Floor,

Mail Code TX1-2448

Dallas, Texas 75201

Attn: J. Scott Fowler

Tel No. (214) 290-2162

Fax No. (214) 290-2332

Wachovia Bank, National Association

 

1001 Fannin

Suite 2255

Houston, Texas 77002

Attn: Debbie Blank

Tel. No. (713) 346-2727

Fax No. (713) 650-6354

 

1001 Fannin

Suite 2255

Houston, Texas 77002

Attn: Debbie Blank

Tel. No. (713) 346-2727

Fax No. (713) 650-6354

 

1001 Fannin

Suite 2255

Houston, Texas 77002

Attn: Philip Trinder

Tel. No. (713) 346-2707

Fax No. (713) 650-6354

Wells Fargo Bank, N.A.

 

1740 Broadway

MAC# C7300-034

Denver, Colorado 80274

Attn: Bret Eubank

Tel. No. (303) 863-5941

Fax No. (303) 863-2729

 

1740 Broadway

MAC# C7300-034

Denver, Colorado 80274

Attn: Bret Eubank

Tel. No. (303) 863-5941

Fax No. (303) 863-2729

 

1740 Broadway

MAC# C7300-034

Denver, Colorado 80274

Attn: Todd Stornetta

Tel. No. (303) 863-5653

Fax No. (303) 863-5196

Bank of America, N.A.

 

901 Main Street

14th Floor

Dallas, Texas 75202

Attn: Karen Dumond

Tel. No. (214) 209-0539

Fax No. (214) 290-9445

 

901 Main Street 14th Floor

Dallas, Texas 75202

Attn: Karen Dumond Tel. No. (214) 209-0539 Fax No. (214) 290-9445

 

700 Louisiana Street

8th Floor

Houston, Texas 77002

Attn: Richard Stein

Tel. No. (713) 247-7258

Fax No. (713) 247-7288

Credit Lyonnais New York Branch

 

1301 Avenue of the Americas New York, New York 10019 Attn: David Gener

Tel. No. (212) 261-7747

Fax No. (917) 849-5440

 

1301 Avenue of the Americas New York, New York 10019 Attn: David Gener

Tel. No. (212) 261-7747

Fax No. (917) 849-5440

 

1000 Louisiana

Suite 5360

Houston, Texas 77002

Attn: John Grandstaff

Tel. No. (713) 890-8617

Fax No. (713) 890-8668

 

S-2.1-1

--------------------------------------------------------------------------------

Comerica Bank

 

39200 West 6 Mile Road Lavonia, Michigan 48152 Attn: Anna Cheney

Tel. No. (734) 632-3052

Fax No. (734) 632-2840

 

39200 West 6 Mile Road Lavonia, Michigan 48152

Attn: Anna Cheney

Tel. No. (734) 632-3052

Fax No. (734) 632-2840

 

1601 Elm Street

2nd Floor

MC 6593

Dallas, Texas 75201

Attn: Thomas G. Rajan

Tel. No. (214) 969-6565

Fax No. (214) 969-6561

Bank of Scotland

 

565 Fifth Avenue

5th Floor

New York, New York 10017 Attn: Karen Workman

Tel. No. (212) 450-0800

Fax No. (212) 557-9460

 

565 Fifth Avenue

5th Floor

New York, New York 10017 Attn: Karen Workman

Tel. No. (212) 450-0800

Fax No. (212) 557-9460

 

1021 Main Street

Suite 1370

Houston, Texas 77002

Attn: Richard Butler

Tel. No. (713) 650-0609

Fax No. (713) 651-9714

BNP Paribas

 

919 Third Avenue

New York, New York 10022 Attn: Peter Medina

Tel. No. (212) 471-6631

Fax No. (212) 841-2683

 

919 Third Avenue

New York, New York 10022 Attn: Peter Medina

Tel. No. (212) 471-6631

Fax No. (212) 841-2683

 

1200 Smith Street

Suite 3100

Houston, Texas 77002

Attn: David Dodd

Tel. No. (713) 982-1100

Fax No. (713) 659-6915

Bank of Oklahoma, N.A.

 

One Williams Center

8th Floor

Tulsa, Oklahoma 74192

Attn: Rhonda Swanson

Tel. No. (918) 588-6351

Fax No. (918) 588-6880

 

One Williams Center

8th Floor

Tulsa, Oklahoma 74192

Attn: Rhonda Swanson

Tel. No. (918) 588-6351

Fax No. (918) 588-6880

 

1625 Broadway

Suite 1570

Denver, Colorado 80202

Attn: Michael M. Logan

Tel. No. (303) 534-9462

Fax No. (303) 534-9499

Compass Bank

 

24 Greenway Plaza

Suite 1400A

Houston, Texas 77046

Attn: Stacey R. Box

Tel. No. (713) 993-8580

Fax No. (713) 968-8292

 

24 Greenway Plaza

Suite 1400A

Houston, Texas 77046

Attn: Stacey R. Box

Tel. No. (713) 993-8580

Fax No. (713) 968-8292

 

24 Greenway Plaza

Suite 1400A

Houston, Texas 77046

Attn: John Falbo

Tel. No. (713) 993-8511

Fax No. (713) 968-8292

 

Administrative Agent–Address:

 

Bank One, NA 1717 Main Street

4th Floor

Mail Code TX1-2448

Dallas,

Texas 75201

Attn: J. Scott Fowler

Tel No. (214) 290-2162

Fax No. (214) 290-2332

 

S-2.1-2

--------------------------------------------------------------------------------

SCHEDULE 8.15

 

SUBSIDIARIES

 

Name and State of

Incorporation

--------------------------------------------------------------------------------

   Qualified
Jurisdictions

--------------------------------------------------------------------------------

  Issued and Outstanding
Stock and Holder

--------------------------------------------------------------------------------

   Options,
Warrants, etc.

--------------------------------------------------------------------------------

SOCO Wattenberg

Corporation

Delaware

   Colorado   1,000 Common
Patina Oil & Gas
Corporation    None

Patina BNR Corporation

Delaware

   Oklahoma
Texas   1,000 Common
Patina Oil & Gas
Corporation    None

Patina Oklahoma Corp.

Delaware

   Oklahoma
Texas   1,000 Common
Patina Oil & Gas
Corporation    None

Patina Well Services, Inc.

Colorado

   Colorado   100 Patina Oil & Gas
Corporation    None

Cordillera Energy, Inc. (to

be renamed Patina San Juan,

Incorporated)

Colorado

  

Colorado
[New Mexico]

[Oklahoma]

 

_____

Patina Oil & Gas
Corporation

   None

 

S-8.15-1