ASSET PURCHASE AGREEMENT between The Interstate Natural Gas Company, LLC (“Seller”) and Nytis Exploration Company LLC (“Buyer”) DATED: February 14, 2011Asset Purchase Agreement • February 17th, 2011 • St Lawrence Seaway Corp • Blank checks • Kentucky
This ASSET PURCHASE AGREEMENT (the “Agreement”) is entered into this 14th day of February 2011 by and among The Interstate Natural Gas Company, LLC, a limited liability company organized pursuant to the laws of the Commonwealth of Kentucky (“INGC”), and Nytis Exploration Company LLC, a limited liability company organized pursuant to the laws of the State of Delaware (“Buyer”). INGC has been designated by certain parties listed in Appendix A (“Related Parties”) to act as their agent with authority to enter into this Agreement on their behalf and to sell and convey their interests in the assets to be sold under the terms of this Agreement to Buyer and to collect all proceeds to be received in connection with same. INGC and the Related Parties are referred to in this Agreement collectively as “Seller.”
