AGREEMENT FOR PURCHASE AND SALE OF AN UNDIVIDED INTEREST IN THE McCOOL RANCH OIL FIELDPurchase and Sale Agreement • October 17th, 2023 • Trio Petroleum Corp. • Crude petroleum & natural gas • California
Contract Type FiledOctober 17th, 2023 Company Industry JurisdictionThis Agreement for Purchase and Sale of an Undivided Interest in the McCool Ranch Oil Field (Hangman Hollow area) (“Agreement”), which includes without limitation Wells, Assets and Oil and Gas Leases (all as defined herein) is made and entered into on October 16, 2023, by and between Trio Petroleum LLC, a California limited liability company, on the one hand, and Trio Petroleum Corp, a Delaware corporation, on the other hand. Trio Petroleum LLC may sometimes be referred to in this Agreement as “Trio” or Seller.” Trio Petroleum Corp may be referred to in this Agreement as “Corp” or “Purchaser.” Seller and Purchaser may sometimes be referred to in this Agreement singularly as a “Party” and collectively as the “Parties.”