Exhibit 2.2
FIRST AMENDMENT
PURCHASE AND SALE AGREEMENT
EPL OF LOUISIANA, L.L.C.
AS SELLER
AND
CASTEX ENERGY 2007, L.P.
AS BUYER
This shall be the First Amendment to that certain Purchase and Sale Agreement (“PSA”) dated May 31, 2007 by and between EPL of Louisiana, L.L.C. and Castex Energy 2007, L.P.
A.
The parties hereto desire to and hereby agreed to replace Exhibit “H”, “L” and “L-1” in the PSA with Exhibit “H”, “L” and “L-1” attached to this First Amendment.
B.
Article 6.3 of the PSA provides for supplemental information to be added to Exhibit “C”. No additional permits or information are to be supplemented.
This First Amendment executed on June 12th, 2007 by its duly authorized representative and effective as of the date of the original Purchase and Sale Agreement.
| Castex Energy 2007, L.P. | ||
| By: | /s/ John R. Stoika | |
John R. Stoika President | ||
| EPL of Louisiana, L.L.C. | ||
| By Energy Partners, Ltd., its Sole Member | ||
| By: | /s/ L. Keith Vincent | |
L. Keith Vincent Vice President Land | ||
EXHIBIT “H”
Attached to and made a part of that certain Purchase and Sale Agreement
dated May 31, 2007 (effective April 1, 2007) by and between
EPL of Louisiana, L.L.C., Seller and
Castex Energy 2007, L.P., Buyer.
EXCLUDED LITIGATION AND CLAIMS
Percy Dardar, et al v. Energy Partners LTD et al 32nd Judicial District Court, Parish of Terrebonne, State of Louisiana, Docket # 148046
Exhibit “L”
Attached to and made a part of that certain Purchase and Sale Agreement dated
May 31, 2007 (effective April 1, 2007) by and between EPL of Louisiana, L.L.C., Seller and
Castex Energy 2007, L.P., Buyer
Gas Imbalances
Well | EPL NRI Over /(Under) MCF | EPL NRI Over /(Under) MMBTU | Balance as of: | |||||
VUB ALMI 75 #1 LAKE BOUDREAUX | 40,408.00 | 45,863.08 | 3/31/2007 | |||||
VUB SL 5351 #1 LAKE BOUDREAUX | 4,265.83 | 4,750.00 | 3/31/2007 | |||||
VUB ALMI 70 #1/2/3 LAKE BOUDREAUX | 39,299.56 | 44,605.00 | 3/31/2007 | |||||
TOTAL | 83,973.39 | 95,218.08 | ||||||
U LYONS RA SUA BABIN #1 SBOURG | 32,990.00 | 33,979.70 | 3/31/2007 | |||||
LAPEYROUSE | (8,307.00 | ) | (8,997.31 | ) | 3/31/2007 | |||
TOTALS | 108,656.39 | 120,200.47 | ||||||
EXHIBIT “L-1”
Attached to and made a part of that certain Purchase and Sale Agreement
dated May 31, 2007 (effective April 1, 2007) by and between
EPL of Louisiana, L.L.C., Seller and
Castex Energy 2007, L.P., Buyer.
SETTLEMENT IMBALANCE
| 1. | LA22-006 – Lake Boudreaux |
That certain Operating Agreement effective September 15, 2003, by and among Apache Corporation, as Operator, Flare Resources Inc., et al, as Non-Operators.
| 2. | LA22-005 – Lake Boudreaux |
That certain Operating Agreement effective September 15, 2003, by and between Apache Corporation, as Operator, Flare Resources, et al, as Non-Operators.
| 3. | LA30-001 – South Bourg – Logan Babin |
That certain Operating Agreement effective September 15, 2003, by and among Apache Corporation, as Operator, Flare Resources Inc., et al, as Non-Operators
| 4. | LA22-0002 – Lake Boudreaux |
That certain Operating Agreement dated August 1, 2003, by and among Apache Corporation, as Operator and Castex Energy, Inc., et al, as Non-Operators.
| 5. | LA22-0001 – Lake Boudreaux |
That certain Operating Agreement dated , by and between The Meridian Resource and Exploration LLC, and Castex Energy, Inc., et al