0001213900-15-002265 Sample Contracts

Purchase and SALE AGREEMENT
Purchase and Sale Agreement • March 31st, 2015 • Carbon Natural Gas Co • Crude petroleum & natural gas

This Purchase and Sale Agreement (the “Agreement”), dated October 15, 2014, is between Nytis Exploration Company LLC, a Delaware limited liability company (“Nytis”), whose address is 2480 Fortune Drive, Lexington, KY 40509 and Liberty Energy, LLC, a Massachusetts limited liability company (“Liberty”) , whose address is c/o Old Ironsides Energy, LLC, 10 St. James Avenue, 19th Floor, Boston, MA 02116 (Liberty and Nytis shall collectively be referred to herein as “Sellers” or individually as “Seller”) and Continental Resources, Inc., an Oklahoma corporation, whose address is 20 North Broadway, Oklahoma City, OK 73102 (“Buyer”). Sellers and Buyer are sometimes referred to herein as a “Party” or the “Parties.”

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