0001193125-07-270665 Sample Contracts

PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • December 24th, 2007 • Gulfport Energy Corp • Crude petroleum & natural gas • Texas

This Purchase and Sale Agreement (this “Agreement”) is made and entered into this 28th day of November 2007, by and between Ambrose Energy I, Ltd., a Texas limited partnership, and each of the other persons, which are listed as a party Seller on the signature pages and which execute a counterpart of this Agreement, ( all of the foregoing described parties are referred to collectively as “Seller” or “Parties Seller” and individually as a “Party Seller,”), and Windsor Permian LLC, a Delaware limited liability company (“Buyer”). Buyer and Seller are collectively referred to herein as the “Parties”, and are sometimes referred to individually as a “Party.”

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SECOND AMENDMENT TO PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • December 24th, 2007 • Gulfport Energy Corp • Crude petroleum & natural gas

This Second Amendment to Purchase and Sale Agreement dated as of December 18, 2007 (this “Amendment”) is by and among Ambrose Energy I, Ltd., and each of the other parties which are listed as a party Seller on the signatures pages hereof and which execute a counterpart of this Amendment (all of the foregoing described parties are referred to collectively as “Seller” or “Parties Seller” and individually as a “Party Seller”), Windsor Permian LLC (“Buyer”) and Gulfport Energy Corporation (“Gulfport”).

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