ASSET PURCHASE AND SALE AGREEMENTAsset Purchase and Sale Agreement • January 20th, 2006 • NGAS Resources Inc • Crude petroleum & natural gas
This Asset Purchase and Sale Agreement, dated as of January 17, 2006, is by and among NGAS Gathering, LLC, a Kentucky limited liability company (“Buyer”), Duke Energy Gas Services, LLC, a Delaware limited liability company (“Seller”) and Daugherty Petroleum, Inc., a Kentucky corporation (“Guarantor”), as Buyer’s Guarantor. Buyer and Seller are sometimes individually referred to as a “Party” and sometimes collectively referred to as the “Parties.”
