PURCHASE AND SALE AGREEMENT BETWEEN TERRACE PETROLEUM CORPORATION, ET AL. AS SELLER AND COG OPERATING LLC AS BUYER NOVEMBER 20, 2009Purchase and Sale Agreement • November 25th, 2009 • Concho Resources Inc • Crude petroleum & natural gas • Texas
This Purchase and Sale Agreement (this “Agreement”) is made and entered into this 20th day of November, 2009, by and between TERRACE PETROLEUM CORPORATION, a Texas corporation, acting in its individual capacity as a Seller of the Assets and in its capacity as attorney-in-fact (“Agent”), on behalf of the other parties listed as Sellers on the signature pages hereto (Agent and such Sellers individually and collectively the “Seller”), and COG OPERATING LLC, a Delaware limited liability company (“Buyer”). Buyer and Seller are collectively referred to herein as the “Parties”, and are sometimes referred to individually as a “Party.”
