Attached files
| file | filename |
|---|---|
| EX-10.1 - EX-10.1 - Escalera Resources Co. | exhibit1.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
| Date of Report (Date of Earliest Event Reported): | March 7, 2011 |
Double Eagle Petroleum Co.
__________________________________________
(Exact name of registrant as specified in its charter)
| Maryland | 0-6529 | 830214692 |
|
_____________________ (State or other jurisdiction |
_____________ (Commission |
______________ (I.R.S. Employer |
| of incorporation) | File Number) | Identification No.) |
| 1675 Broadway, Suite 2200, Denver, Colorado | 80202 | |
|
_________________________________ (Address of principal executive offices) |
___________ (Zip Code) |
| Registrant’s telephone number, including area code: | 3037948445 |
Not Applicable
______________________________________________
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01 Entry into a Material Definitive Agreement.
Effective March 7, 2011, Double Eagle Petroleum Co. (the "Company") entered into the Second Amendment (the "Second Amendment") to the Amended and Restated Credit Agreement (the "Credit Agreement") dated February 5, 2010 with various lenders, including Bank of Oklahoma N.A. as administrative agent. The Second Amendment extends the borrowing base from $55 million to $60 million and adds U.S. Bank as an additional lender. The agreement also eliminates the 4.5% interest rate floor. The maturity of the entire credit facility remains January 31, 2013.
The foregoing description does not purport to describe all the terms of the Second Amendment. For additional terms and conditions, please see the Second Amendment attached hereto as Exhibit 10.1, incorporated herein by reference. For additional information regarding the Credit Agreement, please see the Company’s Current Reports on Form 8-K filed with the Commission on February 9, 2010 and August 9, 2010.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
To the extent applicable, the information set forth above in Item 1.01 is hereby incorporated by reference into this Item 2.03.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit 10.1: Second Amendment to Amended and Restated Credit Agreement, dated as of March 7, 2011, between Double Eagle Petroleum Co. and Bank of Oklahoma, N.A. et.al
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Double Eagle Petroleum Co. | ||||
| March 10, 2011 | By: |
/s/ Emily Maron
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| Name: Emily Maron | ||||
| Title: Assistant Corporate Secretary | ||||
Exhibit Index
| Exhibit No. | Description | |
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10.1
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Second Amendment to Amended and Restated Credit Agreement, dated as of March 7, 2011, between Double Eagle Petroleum Co. and Bank of Oklahoma, N.A. et.al |