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EXHIBIT 10.29

 

BNP PARIBAS

787 Seventh Avenue

New York, New York 10019

 

October 6, 2009

 

Aurora Oil & Gas Corporation

4110 Copper Ridge Drive, Suite 100

Traverse City, Michigan 49684

Attention: Chief Financial Officer

 

Re:   Fee Letter – Administrative Agent and Arranger

 

Dear Sir or Madam:

 

Reference is made to the Debtor-In-Possession Credit Agreement, date as of October 6, 2009 (as amended, supplemented or otherwise modified from time to time, the “ Credit Agreement ”), among Aurora Oil & Gas Corporation (“ Aurora ”), as borrower, Hudson Pipeline & Processing Co., LLC, the lenders party thereto (collectively, the " Lenders "), and BNP Paribas, in as administrative agent for the Lenders (in such capacity, the “ Administrative Agent ”) and as sole lead arranger (in such capacity, the “ Arranger ”).  Capitalized terms used but not defined herein shall have the respective meaning given to them in the Credit Agreement.  This letter agreement (“ Fee Letter ”) contains the agreement referenced in Section 3.5(c) of the Credit Agreement.

 

As consideration for BNP Paribas’ agreement to act as Arranger under the Credit Agreement, Aurora hereby irrevocably agrees to pay the Arranger, for its own account, an arrangement fee of 0.50% of the Aggregate Commitments


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