0000899078-06-000071 Sample Contracts

PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • February 3rd, 2006 • Denbury Resources Inc • Crude petroleum & natural gas • Texas

This Purchase and Sale Agreement (“Agreement”), dated as of November 9, 2005, is by and among Merit Management Partners I, L.P., Merit Energy Partners III, L.P., and Merit Energy Partners D-III, L.P., each a Delaware limited partnership, whose address is 13727 Noel Road, Suite 500, Dallas, Texas 75240 (collectively, “Seller”), and Denbury Onshore, LLC, a Delaware limited liability company, whose address is 5100 Tennyson Parkway, Suite 3000, Plano, Texas 75024 (“Buyer”). Seller and Buyer are sometimes together referred to herein as “Parties”.

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