EXHIBIT 10.29
BNP PARIBAS
787 Seventh Avenue
New York, New York
10019
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
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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