0001072613-19-000119 Sample Contracts

PURCHASE AND SALE AGREEMENT BY AND BETWEEN ENERGYQUEST II, LLC (Seller) AND EMPIRE NORTH DAKOTA LLC (Buyer) MONTANA AND NORTH DAKOTA
Purchase and Sale Agreement • March 5th, 2019 • Empire Petroleum Corp • Crude petroleum & natural gas • Texas

This Purchase and Sale Agreement (the "Agreement"), is dated February 15, 2019, by and between EnergyQuest II, LLC, a Texas limited liability company ("Seller"), with an address of 4526 Research Forest Drive, Suite 200, The Woodlands, Texas 77381-4079, and Empire North Dakota LLC, a Delaware limited liability company ("Buyer"), with an address of 1203 E. 33rd Street, Suite 250, Tulsa, Oklahoma 74105, each of them being a "Party" and both being "Parties". The transaction contemplated by this Agreement may be referred to as the "Transaction."

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