0001104659-07-049386 Sample Contracts

ASSET PURCHASE AND SALE AGREEMENT
Asset Purchase and Sale Agreement • June 22nd, 2007 • Warren Resources Inc • Crude petroleum & natural gas • Maryland

This ASSET PURCHASE AND SALE AGREEMENT (the “Agreement”) is entered into this 20th day of June, 2007; however, the same shall be effective on and as of April 1, 2007 (the “Effective Date”), by, between and among , a Delaware limited partnership (“Seller”); and WARREN RESOURCES, INC., a Maryland corporation (“Buyer”). Seller and Buyer may be referred to herein individually as a “Party” and collectively as the “Parties.”

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