PURCHASE AND SALE AGREEMENT Between and Among HOLLIS R. SULLIVAN, INC., OTHER SELLING OWNERS SURFACE OWNERS As “Seller” And XTO ENERGY INC. As “Buyer” Dated July 18, 2008Purchase and Sale Agreement • July 24th, 2008 • Xto Energy Inc • Crude petroleum & natural gas • Texas
in connection with the sale and purchase of certain oil and gas properties, including leases and wells located in Johnson, Tarrant, Parker, Wise, Hood, Hill, Ellis and Bosque Counties, Texas, and other related properties, all of which are collectively described below as the “Assets” and are owned by either HRS and the Other Selling Owners, or the Surface Owners. The Seller and the Buyer are referred to in this Agreement individually as a “Party”, and collectively as the “Parties”.
