PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • February 1st, 2008 • St Mary Land & Exploration Co • Crude petroleum & natural gas • Colorado
This Purchase and Sale Agreement (this “Agreement”) is made and entered into this 11TH day of December, 2007, by and between ST. MARY LAND & EXPLORATION COMPANY, a Delaware corporation (“St. Mary”), Ralph H. Smith Restated Revocable Trust Dated 8/14/97, Ralph H. Smith Trustee (“Smith”), and Kent J. Harrell, Trustee of the Kent J. Harrell Revocable Trust Dated January 19, 1995 (“Harrell”) (who are collectively referred to herein as “Seller”), and ABRAXAS OPERATING, LLC, a Texas limited liability company (“Buyer”). Buyer and Seller are collectively referred to herein as the “Parties”, and are sometimes referred to individually as a “Party.”
RATIFICATION AND JOINDER AGREEMENTRatification and Joinder Agreement • February 1st, 2008 • St Mary Land & Exploration Co • Crude petroleum & natural gas
This RATIFICATION AND JOINDER AGREEMENT (“Agreement”) is made and entered into as of the 31st day of January, 2008, by and among St. Mary Land & Exploration Company, a Delaware corporation (“St. Mary”), Ralph H. Smith, Trustee of the Ralph H. Smith Restated Revocable Trust Dated 8/14/97 (“Smith”), and Kent J. Harrell, Trustee of the Kent J. Harrell Revocable Trust Dated January 19, 1995 (“Harrell and , collectively with St. Mary and Smith, “Seller”), Abraxas Operating, LLC, a Texas limited liability company (“Buyer”), and Abraxas Petroleum Corporation, a Nevada corporation (“Abraxas”).
