PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • November 12th, 2015 • Torchlight Energy Resources Inc • Crude petroleum & natural gas
This PURCHASE AND SALE AGREEMENT (this “Agreement”), executed on November 5, 2015 but dated effective as of 12:01 a.m. on June 30, 2015 (the “Effective Date”), is entered into by and among Torchlight Energy Resources, Inc., a Nevada corporation, 5700 W. Plano Pkwy., Ste. 3600, Plano, Texas 75093, Torchlight Energy, Inc., a Nevada corporation, 5700 W. Plano Pkwy., Ste. 3600, Plano, Texas 75093 (collectively “Seller”), and Husky Ventures, Inc., an Oklahoma corporation, whose address is 5800 NW 135th Street NW, Oklahoma City, OK 72142, (“Purchaser”). Seller and Purchaser are sometimes collectively referred to as the “Parties” and each is referred to individually as a “Party.”
