PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • September 15th, 2000 • Gladstone Energy Inc • Crude petroleum & natural gas
This Purchase and Sale Agreement is made and entered into on this the 30th day of August, 2000, between Gladstone Energy, Inc., a Delaware corporation, ("Seller"), and Humphrey Children's Trust, Sheila Irons, Trustee, ("Buyer"). The purpose of this Agreement is to set out the terms and condition by which Buyer will acquire 1.175% working interest, being 9.59183% of Seller's interest, in those certain properties known as the Right Hand Creek Field located in Allen and Beauregard Parishes, Louisiana, (the "Properties") such properties being further described on Exhibit "A."
PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • September 15th, 2000 • Gladstone Energy Inc • Crude petroleum & natural gas
This Purchase and Sale Agreement is made and entered into on this the 30th day of August, 2000, between Gladstone Energy, Inc., a Delaware corporation, ("Seller"), and Bagwell No. 6 Family L.P., a Texas limited partnership, ("Buyer"). The purpose of this Agreement is to set out the terms and condition by which Buyer will acquire 1.5% working interest, being 12.2449% of Seller's interest, in those certain properties known as the Right Hand Creek Field located in Allen and Beauregard Parishes, Louisiana, (the "Properties") such properties being further described on Exhibit "A."
PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • September 15th, 2000 • Gladstone Energy Inc • Crude petroleum & natural gas
This Purchase and Sale Agreement is made and entered into on this the 30th day of August, 2000, between Gladstone Energy, Inc., a Delaware corporation, ("Seller"), and G. R. Partners, Inc., a Texas corporation, ("Buyer"). The purpose of this Agreement is to set out the terms and condition by which Buyer will acquire 1.0% working interest, being 8.16327% of Seller's interest, in those certain properties known as the Right Hand Creek Field located in Allen and Beauregard Parishes, Louisiana, (the "Properties") such properties being further described on Exhibit "A."
