PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • January 16th, 2001 • Gladstone Energy Inc • Crude petroleum & natural gas • Texas
This agreement (this "Agreement") made and entered into this 25th 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.
