PURCHASE AND SALE AGREEMENT For FARMOUT ASSIGNMENTPurchase and Sale Agreement • July 1st, 2024 • Us Energy Corp • Crude petroleum & natural gas • Texas
This Purchase and Sale Agreement for Farmout Assignment (this “Agreement”) is entered into this 26th day of June, 2024, to be effective as of June 1, 2024, (the “Effective Date”) by and between U.S. Energy Corp, a Delaware corporation, whose address is 1616 S. Voss, Houston, Texas 77057 (“USEG” or “Buyer”) and Wavetech Helium, Inc., a Colorado corporation, whose address is 1801 Broadway, Suite 600, Denver, Colorado 80202 (“Wavetech” or “Seller”). USEG and Wavetech are sometimes referred to herein individually as a “Party” and collectively as the “Parties.”
