PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • September 20th, 2016 • Abraxas Petroleum Corp • Crude petroleum & natural gas • Texas
THIS PURCHASE AND SALE AGREEMENT (this “Agreement”), dated as of September 20, 2016, but effective as of the Effective Time, is between ABRAXAS PETROLEUM CORPORATION, a Nevada corporation (“Seller”), and FROSTWOOD ENERGY, LLC, a Delaware limited liability company (“Buyer”). Seller and Buyer may be referred to herein individually, as a “Party,” and collectively, as the “Parties.” Capitalized terms used in this Agreement and not otherwise defined herein are defined in Schedule 1 hereto.
