EXHIBIT 10.3
PURCHASE AND SALE AGREEMENT
July 1, 2001
This agreement is made this first day of July, 2001 between Delta
Petroleum Corporation ("Delta") and Amber Resources Company ("Amber") with the
address of both companies at 000 00xx Xxxxxx, Xxxxx 0000, Xxxxxx, Xxxxxxxx
00000.
1. Interests: All of the following shall be referred to as
"Interests". Amber agrees to sell and convey and Delta agrees to
purchase and pay for all of Amber's right title and interest in
and to the oil, gas, and mineral interests listed and described on
attached Exhibit A, including but not limited to working
interests, overriding royalty interests, and any other interests
of a similar nature affecting the lands covered by all of the
leases described on attached Exhibit A; and including the xxxxx
described on attached Exhibit A or which are located upon any
lease described or referenced on attached Exhibit A; and further
including all interest in tangable personal property, tools,
machinery, materials, pipelines, plants, gathering systems,
equipment, fixtures and improvements which are incident or
attributable to the leases or xxxxx; and further including all
payments and rights to receive payments, with respect to the
ownership of the production of hydrocarbons from the Interests
accruing after closing.
2. Closing: The purchase and sale of the Interests shall be
effective as of July 1, 2001.
3. Purchase Price: The purchase price for the Interests shall be
$107,044.
AMBER RESOURCES COMPANY DELTA PETROLEUM CORPORATION
BY: /s/ Xxxxxx X. Xxxxxx, Xx. BY: /s/ Xxxxx X. Xxxxxx
Xxxxxx X. Xxxxxx, Xx., Chairman Xxxxx X. Xxxxxx, President
EXHIBIT A
LEASE NAME
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Lease: XXXXXX 1-35
Lease: XXXXXXX 1-3
Lease: XXXXXX 1-36
Lease: XXXXX 2-7
Lease: XXXXXX 1-18
Lease: XXXXXX 2-18
Lease: ANDRIS 1-9
Lease: XXXXX B-1
Lease: XXXXXXX 1A-17
Lease: XXXXXXX 2-17
Lease: XXXXXXXX 1-21 (SI)
Lease: K C CATTLE 1-30
Lease: XXXXXXXX-XXXXXX 1-9
Lease: XXXXXX XXXXX 3-23
Lease: XXXXX 1-10 (SI)
Lease: XXXX 1-3 (EHNE)
Lease: XXXXXX 1-32 (NER)
Lease: NUTLEY 1-33 (CNW)
Lease: XXXXXX XXXX 1-33 (NESSNW)
Lease: XXXXXXXX 1-11
Lease: XXXXXXX 1-32
