0001019687-12-001467 Sample Contracts

PURCHASE AND SALE AGREEMENT BY AND BETWEEN BAYTEX ENERGY USA LTD. AS SELLER AND BAKKEN HUNTER, LLC AS BUYER DATED AS OF APRIL 17, 2012 WILLISTON BASIN PROPERTIES
Purchase and Sale Agreement • April 24th, 2012 • Magnum Hunter Resources Corp • Crude petroleum & natural gas • North Dakota

This Purchase and Sale Agreement (this “Agreement”), dated as of April 17, 2012, is by and between Baytex Energy USA Ltd., a Colorado corporation, 600 Seventeenth Street, Suite 1600S, Denver, Colorado 80202 (“Seller”), and Bakken Hunter, LLC, a Delaware limited liability company, 410 Seventeenth Street, Suite 1000, Denver, Colorado 80202 (“Buyer”), an affiliate of Williston Hunter, Inc. (“Williston Hunter”) and Magnum Hunter Resources Corporation. Seller and Buyer may be referred to individually as a “Party” or collectively as the “Parties.”

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