Exhibit 10.108
THE COMPANY HAS REQUESTED AN ORDER
FROM THE SECURITIES AND EXCHANGE COMMISSION (THE
“COMMISSION”) PURSUANT TO RULE 24B-2 OF THE SECURITIES
EXCHANGE ACT OF 1934, AS AMENDED, GRANTING CONFIDENTIAL TREATMENT
TO SELECTED PORTIONS. ACCORDINGLY, THE CONFIDENTIAL PORTIONS
HAVE BEEN OMITTED FROM THIS EXHIBIT, AND HAVE BEEN FILED SEPARATELY
WITH THE COMMISSION. OMITTED PORTIONS ARE INDICATED IN THIS
EXHIBIT WITH “*****”.
COFFEYVILLE
RESOURCES
January 15 ,
2009
Mr. Lee Vendig
EnMark
Services, Inc.
1700 Pacific Ave., Se
4500
Dallas, TX 75201
Re: Crude Oil Purchase Agreement for
Ladder Energy Operated Leases
Dear Lee,
This letter will constitute our
Lease Purchase Agreement, whereby Coffeyville Resources Refining
and Marketing, LLC (“Buyer”) agrees to purchase and
Ladder Energy (“Seller”) agrees to sell its crude oil
production under the following terms and conditions:
Term: Effective February 1,
2009 for thirty days and continuing thereafter on a month to month
basis, subject to cancellation by either party upon thirty (30)
days prior written notice. Such cancellation will be-effective on
the first calendar day of the month that immediately follows the
end of such thirty (30) day notice period.
Quantity and Quality: Approximately
200 b/d of Oklahoma Sweet Lease Crude equal to all the volumes
produced by Seller from its oil and gas leases located in Nowata
County, Oklahoma.
Price: The price shall be equal to
Coffeyville Reso
