PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • June 16th, 2005 • Cal Dive International Inc • Oil & gas field services, nec • Louisiana
This Purchase and Sale Agreement (this “Agreement”) is made and entered into on this 4th of May, 2005 (the “Execution Date”), by and between MURPHY EXPLORATION & PRODUCTION COMPANY — USA (the “Seller”), a Delaware corporation whose address is 131 South Robertson Street, New Orleans, Louisiana 70112, and ENERGY RESOURCE TECHNOLOGY, INC. (the “Buyer”), a Delaware corporation whose address is 400 North Sam Houston Parkway East, Suite 400, Houston, Texas 77060. Seller and Buyer are sometimes referred to herein collectively as the “Parties” and individually as a “Party.”
