MEMBERSHIP INTEREST PURCHASE AGREEMENT BY AND AMONG EACH SELLER PARTY HERETO, AS SELLERS, AND CIVITAS RESOURCES, INC., AS PURCHASER, AND TAP ROCK RESOURCES LEGACY, LLC, SOLELY IN ITS CAPACITY AS SELLERS’ REPRESENTATIVE DATED AS OF June 19, 2023Membership Interest Purchase Agreement • June 20th, 2023 • Civitas Resources, Inc. • Crude petroleum & natural gas • New York
This Membership Interest Purchase Agreement (this “Agreement”) is dated as of June 19, 2023 (the “Execution Date”), by and among Tap Rock Resources Legacy, LLC, a Delaware limited liability company (“Tap Rock I Legacy”), Tap Rock Resources Intermediate, LLC, a Delaware limited liability company (“Tap Rock I Intermediate” and together with Tap Rock I Legacy, each a “Tap Rock I Seller” and collectively the “Tap Rock I Sellers”), Tap Rock Resources II Legacy, LLC, a Delaware limited liability company (“Tap Rock II Legacy”), Tap Rock Resources II Intermediate, LLC, a Delaware limited liability company (“Tap Rock II Intermediate” and together with Tap Rock II Legacy, each a “Tap Rock II Seller” and collectively the “Tap Rock II Sellers”), Tap Rock NM10 Legacy Holdings, LLC, a Delaware limited liability company (“NM10 Legacy”), Tap Rock NM10 Holdings Intermediate, LLC, a Delaware limited liability company (“NM10 Intermediate” and together with NM10 Legacy, each a “NM10 Seller” and collective
MEMBERSHIP INTEREST PURCHASE AGREEMENT BY AND AMONG HIBERNIA ENERGY III HOLDINGS, LLC AND HIBERNIA ENERGY III-B HOLDINGS, LLC, AS SELLERS, AND CIVITAS RESOURCES, INC., AS PURCHASER DATED AS OF June 19, 2023Membership Interest Purchase Agreement • June 20th, 2023 • Civitas Resources, Inc. • Crude petroleum & natural gas • New York
This Membership Interest Purchase Agreement (this “Agreement”) is dated as of June 19, 2023 (the “Execution Date”), by and among HIBERNIA ENERGY III HOLDINGS, LLC, a Delaware limited liability company (“HE3 Holdings”), HIBERNIA ENERGY III-B HOLDINGS, LLC, a Delaware limited liability company (“HE3-B Holdings” and, together with HE3 Holdings, “Sellers” and individually, each a “Seller”) and CIVITAS RESOURCES, INC., a Delaware corporation (“Purchaser”). Each Seller and Purchaser are sometimes referred to herein individually as a “Party” and, collectively, as the “Parties.”
