PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • January 23rd, 2014 • Magnum Hunter Resources Corp • Crude petroleum & natural gas • Texas
This Purchase and Sale Agreement (“Agreement”), by and among SHALE HUNTER, LLC, a Delaware limited liability company (“Shale Hunter”), MAGNUM HUNTER RESOURCES CORPORATION, a Delaware corporation (“MHR”), MAGNUM HUNTER PRODUCTION, INC., a Kentucky corporation (“MHP”), and ENERGY HUNTER PARTNERS 2012-A DRILLING & PRODUCTION FUND, LTD., a Kentucky limited partnership (“EHP”), each of whose address is 777 Post Oak Boulevard, Suite 650, Houston, Texas 77056 (Shale Hunter, MHR, MHP and EHP being referred to collectively as “Seller”), and NEW STANDARD ENERGY TEXAS LLC, a Texas limited liability company, whose address is 1521 Dunlavy Street, Suite B, Houston, Texas 77006 (“Buyer”) (Buyer and Seller are sometimes referred to below individually as a “Party” or collectively as the “Parties”) and, for the limited purposes set forth herein, NEW STANDARD ENERGY LIMITED ACN 119 323 385, an Australian corporation, whose address is Level 2, 7 Ventnor Ave., West Perth, WA 6005 (“NSE”);
