ASSET ACQUISITION AGREEMENT CENTRAL MONTANA HEATH PROSPECT – “THE MUSSELSHELL PROSPECT”Asset Acquisition Agreement • March 24th, 2011 • Uniontown Energy Inc. • Crude petroleum & natural gas
This Agreement is being executed to evidence matters agreed to between AD Consult and Invest S.A. (“AD Consult” or the “Corporation” also referred to herein as the “Vendor”) whose business is the in the oil and gas industry and which owns the Musselshell Prospect and all associated claims, licenses and equipment (the “Asset”) as set out on Schedule A and B hereto and is the subject matter of this Agreement, and Uniontown Energy Inc., (“Uniontown” also referred to herein as the Purchaser) a public entity whose securities trade on the NASDAQ OTCBB under the symbol “UTOG” whose business is in the acquisition and development of specific oil and gas production and exploration properties. This Agreement sets out the terms whereby the Purchaser shall acquire from the Vendor the Asset and any and all other benefits attached to the Asset, from the Vendor on the terms set out herein.
