ASSET PURCHASE AGREEMENT by and among BLACK HAWK ACQUISITION, INC. BLACK HAWK ENERGY SERVICES, INC. and CHRIS BEAL STUART BUCKINGHAM KENNETH STEVENS JEFF THOMAS GREGORY M. TUCKEREscrow Agreement • November 4th, 2013 • Steel Excel Inc. • Oil & gas field services, nec • Delaware
This ASSET PURCHASE AGREEMENT (this “Agreement”), dated as of October 29, 2013, is entered into by and among Black Hawk Acquisition, Inc., a Delaware corporation (“Buyer”), Black Hawk Energy Services, Inc., a New Mexico corporation (“Seller”), and Chris Beal, Stuart Buckingham, Kenneth Stevens, Jeff Thomas, and Gregory M. Tucker (each, a “Shareholder” and collectively, the “Shareholders”). Buyer, Seller and the Shareholders are referred to herein collectively as the “Parties” and individually as a “Party.”
