ASSET PURCHASE AND SALE AGREEMENT BY AND BETWEEN SAMSON OIL AND GAS USA MONTANA, INC. AND FORT PECK ENERGY COMPANY, LLC (Sellers) AND SAMSON OIL AND GAS USA, INC. (Guarantor) AND TAURUS ENERGY, LLC (Buyer) DATED AS OF JUNE 21, 2013Asset Purchase and Sale Agreement • June 27th, 2013 • Samson Oil & Gas LTD • Drilling oil & gas wells • Texas
This Asset Purchase and Sale Agreement (“Agreement”), dated this 21st day of June, 2013 (the “Execution Date”), is by and between SAMSON OIL AND GAS USA MONTANA, INC., a Colorado corporation (“Samson”), SAMSON OIL AND GAS USA, INC., a Colorado corporation (“Samson Parent”), FORT PECK ENERGY COMPANY, LLC, a Delaware limited liability company (“FPEC”), and TAURUS ENERGY, LLC, a Montana limited liability company (“Buyer”). Samson and FPEC are collectively referred to herein as “Sellers” and individually as a “Seller.” Sellers and Buyer are sometimes referred to herein individually as a “Party” and collectively as the “Parties.”
