CONTRACT OPERATOR AGREEMENTContract Operator Agreement • May 31st, 2011 • Arete Industries Inc • Crude petroleum & natural gas • Colorado
THIS CONTRACT OPERATOR AGREEMENT (“Agreement”) is entered into on April 12, 2011, but will be effective on April 1, 2011 as outlined in the PSA between Tucker Family Partnership, LLLP, DNR Oil & Gas, Inc., and Arete Industries, Inc. at 7:00’clock a.m. MDT (“Effective Date”), between Arête Industries, Inc. (“Arête”) and DNR Oil & Gas, Inc, a Colorado corporation (“Contractor”).
Purchase and Sale Agreement By and Between Tucker Family Investments, LLLP DNR Oil & Gas, Inc Tindall Operating Company as Sellers and Arête Industries, Inc. as Buyer Dated May 25, 2011 EXHIBIT LISTPurchase and Sale Agreement • May 31st, 2011 • Arete Industries Inc • Crude petroleum & natural gas • Colorado
This Purchase and Sale Agreement (this “Agreement”), dated May 25, 2011, is by and among Tucker Family Investments, LLLP, a Colorado limited liability limited partnership (“Tucker”); DNR Oil & Gas, Inc., a Colorado corporation (“DNR”); and Tindall Operating Company, a Colorado corporation (“Tindall”) whose collective address is 12741 E. Caley, Unit 142, Englewood, Colorado 80111, and Arête Industries, Inc., 7260 Osceola Street, Westminster, CO 80030, (“Buyer”). Tindall, Tucker and DNR may be referred to collectively as “Sellers.” Sellers and Buyer may be referred to individually as a “Party” or collectively as the “Parties.” The transaction contemplated by this Agreement may be referred to as the “Transaction.”
