ASSIGNMENT OF OPERATING RIGHTSAssignment of Operating Rights • October 25th, 2000 • Gladstone Energy Inc • Crude petroleum & natural gas
This Assignment entered into by and between GLADSTONE ENERGY, INC., a Delaware corporation, with offices at 3500 Oak Lawn, Suite 590, LB 49, Dallas, Texas 75219, hereinafter referred to as "Assignor", and EXCO RESOURCES, INC., a Texas corporation, with offices at 5735 Pineland, Suite 235, Dallas, TX 75231, hereinafter referred to as "Assignee".
PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • October 25th, 2000 • Gladstone Energy Inc • Crude petroleum & natural gas • Texas
This agreement (this "Agreement") made and entered into this____ day of October, 2000, by and between Gladstone Energy, Inc. (referred to in this agreement as "Seller"), and EXCO Resources, Inc. (referred to in this Agreement as "Buyer") evidences the agreement of Seller to sell and convey to Buyer, and the agreement of Buyer to purchase and acquire from Seller, the Subject Properties, as that term is defined below, upon the terms and conditions set forth below.
