PURCHASE AND SALE AGREEMENT BY AND BETWEEN NEW FRONTIER ENERGY, INC. (Seller) EMERALD GRB LLC (Buyer) AND EMERALD OIL AND GAS NL Dated April 29, 2011Purchase and Sale Agreement • May 2nd, 2011 • New Frontier Energy Inc • Crude petroleum & natural gas • Colorado
This Purchase and Sale Agreement (the “Agreement”), is dated this 29th day of April, 2011, by and among New Frontier Energy, Inc., a Colorado corporation (“Seller”), whose address is 1801 Broadway, Suite 920, Denver, Colorado 80202, Emerald GRB LLC, a Colorado limited liability company (“Buyer”), whose address is c/o Davis Graham & Stubbs LLP, 1550 17th Street, Suite 500, Denver, Colorado 80202, and Emerald Oil and Gas NL, an Australian limited company (“Emerald Australia”), whose address is 12 Parliament Place, West Perth, Western Australia 6005. Seller, Buyer and Emerald are sometimes individually referred to herein as a “Party” or collectively as the “Parties”.
