Securities Purchase and Asset Acquisition Agreement by and among EnerJex Resources, Inc., a Nevada corporation ("Company") and West Coast Opportunity Fund, LLC Montecito Venture Partners, LLC RGW Energy, LLC J&J Operating Company, LLC Working Interest...Securities Purchase and Asset Acquisition Agreement • January 6th, 2011 • EnerJex Resources, Inc. • Crude petroleum & natural gas • Nevada
This Securities Purchase and Asset Acquisition Agreement (the "Agreement") is made as of December 31, 2010 (the "Effective Date") by and among EnerJex Resources, Inc., a Nevada corporation (the "Company"); West Coast Opportunity Fund, LLC, a Delaware limited liability company ("WCOF"); Montecito Venture Partners, LLC, a Delaware limited liability company ("MVP"); RGW Energy, LLC, a Texas limited liability company ("RGW"); J&J Operating Company, LLC, a Kansas limited liability company ("J&J"); Working Interest Holding, LLC, a Kansas limited liability company ("WIH LLC"); and Frey Living Trust ("Frey Living Trust" and, together with WCOF, MVP, RGW, J&J, and WIH LLC, individually an "Investor" and collectively the "Investors"), with reference to the following facts:
