PURCHASE AND SALE AGREEMENT by and among ROWAN COMPANIES, INC., as SELLER, ENSIGN UNITED STATES DRILLING (S.W.) INC., as BUYER, and ENSIGN ENERGY SERVICES INC., as PARENT GUARANTORPurchase and Sale Agreement • July 20th, 2011 • Rowan Companies Inc • Drilling oil & gas wells • Texas
THIS PURCHASE AND SALE AGREEMENT, dated as of July 19, 2011 (this “Agreement”), is by and among Rowan Companies, Inc., a Delaware corporation (the “Seller”), Ensign United States Drilling (S.W.) Inc., a Colorado corporation (the “Buyer”) and Ensign Energy Services Inc., an Alberta corporation (the “Parent Guarantor”). The Seller, the Buyer and the Parent Guarantor are hereinafter together referred to as the “parties” and each individually as a “party.”
