PURCHASE AND SALE AGREEMENT BY AND AMONG WPX ENERGY PRODUCTION, LLC, (Seller) WPX ENERGY, INC., SOLELY FOR PURPOSES OF SECTION 16.20, AND ENDURING RESOURCES IV, LLC (Buyer) RIO ARRIBA, SAN JUAN AND SANDOVAL COUNTIES, NEW MEXICO DATED JANUARY 30, 2018Purchase and Sale Agreement • February 5th, 2018 • WPX Energy, Inc. • Crude petroleum & natural gas • Texas
This Purchase and Sale Agreement (this “Agreement”), is dated January 30, 2018 (“Execution Date”), by and among WPX Energy Production, LLC, a Delaware limited liability company (“Seller”), and, solely for purposes of Section 16.20, WPX Energy, Inc., a Delaware corporation (“WPX”), each of Seller and WPX with an address of 3500 One Williams Center, Suite 2600, Tulsa, Oklahoma 74172, and Enduring Resources IV, LLC, a Delaware limited liability company (“Buyer”), with an address of 511 16th Street, Suite 700, Denver, Colorado 80202 (Seller and Buyer and, solely for purposes of Section 16.20, WPX, each a “Party” and collectively, the “Parties”). The transactions contemplated by this Agreement and each of the Transaction Documents may be referred to collectively as the “Transaction.”
