Exhibit 10.6
March 21, 2017
Fred N. Reynolds
420 Throckmorton, Suite 750
Fort Worth, Texas 76101
RE:Amendment No. 2
Revised Offer to Purchase
Kleinheinz Group
Chisholm Trail & Prairie Grove Areas
Kingfisher County, Oklahoma
Dear Mr. Reynolds:
This letter shall serve as the Second Amendment to the Revised Offer to Purchase Letter dated February 24, 2017 between the Kleinheinz Group and Gastar Exploration Inc. (“Gastar”). The Parties have agreed that there are certain wells that have been drilled prior to the Effective Date on the Contract Lands, however the Kleinheinz Group has not been offered the opportunity to participate in the wells and therefore has not made any payments for the drilling of said wells, nor received any revenue from said wells. These wells are described on Exhibit “A” attached to this Amendment No. 2 Letter Agreement. The Parties agree that these wells are included in the Acquisition Price and the Effective Date for these wells is the spud date for each well. The Assignment and Bill of Sale will reflect the actual spud date for each well.
If you are in agreement with the above amendment, please indicate your acceptance in the space provided for below. All counterparts together shall constitute only one letter agreement, but each counterpart shall be considered an original.
[The signature pages are the following pages.]
Offer to Purchase Amendment No. 2
March 21, 2017
Kleinheinz Group
Chisholm Trail & Prairie Grove Areas
Kingfisher County, Oklahoma
GASTAR EXPLORATION INC.
/s/ Henry J. Hansen
Henry J. Hansen
Vice-President, Land
ACCEPTED AND AGREED TO ON THIS __22___DAY OF March, 2017.
JOHN B. KLEINHEINZ
/s/ John B. Kleinheinz____________________________________
BY: JOHN B. KLEINHEINZ
KLEINHEINZ CAPITAL PARTNERS, INC
/s/ John B. Kleinheinz_____________________________________
BY: JOHN B. KLEINHEINZ
PRESIDENT
Page 2 of 5
Offer to Purchase Amendment No. 2
March 21, 2017
Kleinheinz Group
Chisholm Trail & Prairie Grove Areas
Kingfisher County, Oklahoma
ACCEPTED AND AGREED TO ON THIS __21___DAY OF March, 2017.
GKK HUSKY, LLC
/s/ John C. Goff____________________________________
BY: Goff Capital, Inc., its manager
John C. Goff, President
Page 3 of 5
Offer to Purchase Amendment No. 2
March 21, 2017
Kleinheinz Group
Chisholm Trail & Prairie Grove Areas
Kingfisher County, Oklahoma
ACCEPTED AND AGREED TO ON THIS _21____DAY OF March, 2017.
HUSKY OKLAHOMA, LLC
/s/ Richard Davidovich_________________
BY: Richard Davidovich, Manager
Page 4 of 5
Offer to Purchase Amendment No. 2
March 21, 2017
Kleinheinz Group
Chisholm Trail & Prairie Grove Areas
Kingfisher County, Oklahoma
ACCEPTED AND AGREED TO ON THIS __21___DAY OF March, 2017.
STRONG OIL AND GAS, LTD
/s/ Gary B. Strong_____________________
BY: Strong Oil & Gas, Ltd.
Strong Genpar, LC (its general partner)
Gary B. Strong, MD, President
Page 5 of 5