Extension to Note Purchase Agreement between Seven Seas Petroleum Inc. and Purchasers for 12% Series B Senior Secured Notes

Summary

This agreement extends the closing date of a previous Note Purchase Agreement between Seven Seas Petroleum Inc. and various individual and institutional purchasers for 12% Series B Senior Secured Notes. The new closing date is set for midnight on July 24, 2001. The company will issue the notes as of July 23, 2001, and interest will accrue from that date. All other terms of the original agreement remain unchanged, and the extension is agreed to by all parties involved.

EX-10.J 17 h89449ex10-j.txt EXTENSION TO NOTE PURCHASE AGREEMENT 1 SEVEN SEAS PETROLEUM INC. NOTE PURCHASE AGREEMENT FOR 12% SERIES B SENIOR SECURED NOTES The undersigned Purchaser under that certain Note Purchase Agreement dated July 23, 2001, between Seven Seas Petroleum Inc. and each of the persons and entities listed on Schedule 1 thereto (the "Purchase Agreement) hereby agrees to extend the Closing Date set forth in paragraph 2 of the Purchase Agreement to midnight on July 24, 2001. Words defined in the Purchase Agreement shall have the same meaning herein. It is understood that subject to the Closing of the transactions contemplated by the Purchase Agreement, the Company issue the Notes to the Purchasers under date of July 23, 2001, and they will accrue interest from that date. EXECUTED as of the 23rd day of July, 2001. ------------------------------------------- The Company agrees to the foregoing. Seven Seas Petroleum Inc. By /s/ LARRY A. RAY ----------------------------- Larry A. Ray, President /s/ ALLISON ROBBINS - ------------------------------------------ Allison Robbins, Trustee Allison Robbins Revocable Living Trust /s/ B. JOHN BARRY - ------------------------------------------ B. John Barry /s/ DEAN HOFFROGGE - ------------------------------------------ Dean Hoffrogge Attorney-in-Fact for Jessica M. Barry /s/ DEAN HOFFROGGE - ------------------------------------------ Dean Hoffrogge Attorney-in-Fact for Michael B. Barry /s/ DEAN HOFFROGGE - ------------------------------------------ Dean Hoffrogge Attorney-in-Fact for Thomas J. Barry /s/ K. BRENT WALDRON - ------------------------------------------ K. Brent Waldron Attorney-in-Fact for Neligh C. Coates, Jr. /s/ PAMELA TROUT - ------------------------------------------ Pamela Trout, Secretary of Egolf Holding Corporation, general partner of Egolf Family Limited Partnership (Assignee of Petroleum Properties Management Company, L.L.C.) /s/ GARY F. FULLER - ------------------------------------------ Gary F. Fuller, trustee, general partner of Fuller Family Investments, A Limited Partnership /s/ CHARLES B. ISRAEL - ------------------------------------------ Charles B. Israel /s/ JUSTIN B. ISRAEL - ------------------------------------------ Justin B. Israel Lombos Holdings Limited "C" /s/ D. P. DE LASZLO - ------------------------------------------ D. P. De Laszlo, Director RAMIIILAJ, A Limited Partnership By its General Partner Hefner Investment Company By its Vice President Robert S. May /s/ ROBERT S. MAY - ------------------------------------------ Robert S. May /s/ JAMES R. SCHLESINGER - ------------------------------------------ James R. Schlesinger Serendipity Investments, Ltd. /s/ ANTHONY G. PETRELLO - ------------------------------------------ Anthony G. Petrello, President /s/ DAVID A. STEIN - ------------------------------------------ David A. Stein /s/ LINDA B. STEIN - ------------------------------------------ Linda B. Stein /s/ TRACEY F. STEIN - ------------------------------------------ Tracey F. Stein, Trustee Tracey F. Stein Revocable Living Trust Trans Federal Corporation Ltd. /s/ JESSE HESTER - ------------------------------------------ Jesse Hester, Director