Purchase and Sale Agreement I Sample Contracts

PURCHASE AND SALE AGREEMENT I
Purchase and Sale Agreement I • June 16th, 2006 • Natural Gas Systems Inc/New • Crude petroleum & natural gas • Texas

This Purchase and Sale Agreement I ("Agreement"), dated as of May 8, 2006, is by and between NGS Sub Corp., whose address is Two Memorial City Plaza, 820 Gessner Road, Suite 1340, Houston, TX 77024 ( “Seller”), and Denbury Onshore, LLC, whose address is 5100 Tennyson Parkway, Suite 1200, Plano, Texas 75024 ("Buyer"). Seller and Buyer are sometimes together referred to herein as "Parties".

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