PURCHASE AND SALE AGREEMENT among ASPEN EXPLORATION CORPORATION and certain persons listed on the Annexes hereto, as Sellers, and VENOCO, INC., as Buyer, Colusa, Glenn, Solano, Sutter, Tehama, and Yolo Counties, California Dated February 18, 2009...Purchase and Sale Agreement • February 19th, 2009 • Aspen Exploration Corp • Crude petroleum & natural gas • Delaware
This PURCHASE AND SALE AGREEMENT (“Agreement”), dated February 18, 2009, is by and among Aspen Exploration Corporation, a Delaware corporation, whose address is 2050 S. Oneida Street, Suite 208, Denver, Colorado 80224 (“Aspen”), the persons identified on Annex I hereto (such persons, together with Aspen, being hereinafter referred to as the “Initial Sellers”), and Venoco, Inc., a Delaware corporation, whose address is 370 17th Street, Suite 3900, Denver, Colorado 80202-1370 (“Buyer”).
FORM OF DIRECT JOINDER AGREEMENTDirect Joinder Agreement • February 19th, 2009 • Aspen Exploration Corp • Crude petroleum & natural gas
This DIRECT JOINDER AGREEMENT, dated as of February 18, 2009 (this “Agreement”), is delivered by the undersigned (the “Direct Seller”) pursuant to Section 4.13 of the Purchase and Sale Agreement, dated as of February 18, 2009 by and among Aspen Exploration Corporation, a Delaware corporation (“Aspen”), certain persons listed on the annexes thereto (the “Sellers”) and Venoco, Inc., a Delaware corporation (“Buyer”) (the “Purchase Agreement”). Unless otherwise defined herein, capitalized terms used herein shall have the meanings set forth in the Purchase Agreement.
FORM OF INDIRECT JOINDER AGREEMENTIndirect Joinder Agreement • February 19th, 2009 • Aspen Exploration Corp • Crude petroleum & natural gas
This INDIRECT JOINDER AGREEMENT, dated as of February 18, 2009 (this “Agreement”), is delivered by the undersigned (the “Indirect Seller”) pursuant to Section 4.13 of the Purchase and Sale Agreement, dated as of February 18, 2009 by and among Aspen Exploration Corporation, a Delaware corporation (“Aspen”), certain persons listed on the annexes thereto (“Sellers”) and Venoco, Inc., a Delaware corporation (“Buyer”) (the “Purchase Agreement”). Unless otherwise defined herein, capitalized terms used herein shall have the meanings set forth in the Purchase Agreement.
VOTING AGREEMENTVoting Agreement • February 19th, 2009 • Aspen Exploration Corp • Crude petroleum & natural gas
This VOTING AGREEMENT, dated as of February 18, 2009 (this “Agreement”), is by the undersigned shareholder (the “Shareholder”) of Aspen Exploration Corporation, a Delaware corporation (“Aspen”), for the benefit of Venoco, Inc., a Delaware corporation (“Buyer”). Capitalized terms used in this Agreement without definition shall have the respective meanings set forth in the Purchase and Sale Agreement, dated as of the date hereof, by and among Aspen, certain persons listed on the annexes thereto and Buyer (the “Purchase Agreement”).
