PURCHASE AND SALE AGREEMENT AMONG QUANTUM RESOURCES A1, LP, QAB CARRIED WI, LP, QAC CARRIED WI, LP, AND BLACK DIAMOND RESOURCES, LLC (COLLECTIVELY “SELLERS”) AND QRE OPERATING, LLC (“PURCHASER”) AND QR ENERGY, LP (“PARTNERSHIP”)Purchase and Sale Agreement • September 12th, 2011 • QR Energy, LP • Crude petroleum & natural gas • Texas
This Purchase and Sale Agreement (the “Agreement”) is dated as of September 12, 2011, by and among Quantum Resources A1, LP (“QRA”), a Delaware limited partnership, QAB Carried WI, LP (“QAB”), a Delaware limited partnership, QAC Carried WI, LP (“QAC”), a Delaware limited partnership, and Black Diamond Resources, LLC (“Black Diamond,” and collectively with QRA, QAB and QAC, the “Sellers”) and QRE Operating, LLC, a Delaware limited liability company (the “Purchaser”), and QR Energy, LP, a Delaware limited partnership (the “Partnership” and, together with Purchaser, the “QR Parties”). The Sellers and the QR Parties are collectively referred to herein as “Parties” and individually referred to as a “Party”.
