PURCHASE AND SALE AGREEMENT Dated November 24, 2010 Effective as of December 1, 2010 by and between Luff Exploration Company and the other Selling Parties signatories hereto and the other Selling Parties identified on Annex I hereto Seller and Oasis...Purchase and Sale Agreement • December 16th, 2010 • Oasis Petroleum Inc. • Crude petroleum & natural gas • Montana
This PURCHASE and SALE AGREEMENT ( the “Agreement”) is made this 24th day of November, 2010, to be effective as of the Effective Date (as defined below), by and between Luff Exploration Company, a corporation formed under the laws of the state of Colorado (“Luff”), the other parties listed on the signature pages of this Agreement and the other parties identified on Annex I hereto (Luff and all such other parties are herein, individually referred to as a “Selling Party” and collectively as “Seller”. Less than all parties comprising Seller that include more than one Selling Party are sometimes referred to herein as “Selling Parties”), and Oasis Petroleum North America LLC, a limited liability company formed under the laws of the state of Delaware (“Buyer”). Buyer and Seller may be collectively referred to herein as the “Parties” and individually as a “Party.”
