PURCHASE AND SALE AGREEMENT BY AND AMONG GASTAR EXPLORATION TEXAS, LP AS SELLER, GASTAR EXPLORATION USA, INC. AS SELLER GUARANTOR AND CUBIC ENERGY, INC. AS BUYER DATED APRIL 19, 2013Purchase and Sale Agreement • April 24th, 2013 • Cubic Energy Inc • Drilling oil & gas wells • Texas
This Purchase and Sale Agreement (this “Agreement”) is made and entered into this 19th day of April, 2013, by and among Gastar Exploration Texas, LP, a Delaware limited partnership (“Seller”), Gastar Exploration USA, Inc., a Michigan corporation (“Seller Guarantor”) and Cubic Energy, Inc., a Texas corporation (“Buyer”). Buyer and Seller are sometimes referred to herein, collectively, as the “Parties” and, individually, as a “Party.”
