Purchase and Sale AgreementPurchase and Sale Agreement • December 18th, 2015 • Yorktown Energy Partners Iv Lp • Crude petroleum & natural gas • New York
Yorktown Energy Partners IV, L.P. (the “Seller”) desires to sell all of its shares of common stock, $0.0001 par value per share (the “Common Stock”) of GeoMet, Inc. (the “Company”), consisting of a total of 12,437,072 shares of Common Stock (the “GMET Shares”), to North Shore Energy, LLC (the “Purchaser”). The purpose of this letter agreement (this “Agreement”) is to establish the terms and conditions pursuant to which the Seller agrees to sell, and Purchaser agrees to purchase, the GMET Shares held by the Seller.
