0001193125-06-192100 Sample Contracts

PURCHASE AND SALE AGREEMENT Plains Exploration & Production Company, a Delaware corporation (“Seller”) and Statoil Gulf of Mexico LLC, a Delaware limited liability company (“Buyer”) September 15, 2006
Purchase and Sale Agreement • September 18th, 2006 • Plains Exploration & Production Co • Crude petroleum & natural gas • Texas

This Purchase and Sale Agreement (“Agreement”) is made and entered into on September 15, 2006 by and among Plains Exploration & Production Company, a Delaware corporation (referred to as “PXP” or “Seller”) and Statoil Gulf of Mexico LLC, a Delaware limited liability company (referred to as “Statoil” or “Buyer,” and together with Seller, as the “Parties”).

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