PURCHASE AND SALE AGREEMENT among BCC-FORELAND LLC as Seller and EARTHSTONE ENERGY, INC. and EARTHSTONE ENERGY HOLDINGS, LLC, as Buyer Dated September 30, 2021Purchase and Sale Agreement • October 4th, 2021 • Earthstone Energy Inc • Crude petroleum & natural gas • Delaware
Contract Type FiledOctober 4th, 2021 Company Industry JurisdictionThis Purchase and Sale Agreement (this “Agreement”), dated September 30, 2021 (the “Execution Date”), is by and among BCC-Foreland LLC, a Delaware limited liability company (“Seller”), and Earthstone Energy Holdings, LLC, a Delaware limited liability company (“Buyer”), and Earthstone Energy, Inc., a Delaware corporation (“Earthstone”). Earthstone, Buyer and Seller are, individually, a “Party,” and are, collectively, the “Parties.” Capitalized terms used in this Agreement have the meaning given such terms in Annex I to this Agreement.