PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • December 24th, 2015 • Emerald Oil, Inc. • Crude petroleum & natural gas • North Dakota
This Purchase and Sale Agreement (“Agreement”) effective as of December 18, 2015 (the “Effective Date”), is by and between Emerald Oil, Inc., Emerald NWB, LLC, and Emerald WB, LLC, (individually and collectively hereinafter “Seller”) and Angelus Private Equity Group (or assigns), a Texas Limited Liabilty corporation (“Buyer”). Each of Seller and Buyer are referred to herein individually as a “Party” and collectively as the “Parties.” The Parties hereby agree as follows:
