PURCHASE AND SALE AGREEMENT DATED AS OF DECEMBER 13, 2013 AMONG PENN VIRGINIA OIL & GAS, L.P., TED COLLINS, JR. AND PLEIN SUD HOLDINGS, LLC AS SELLERS AND HPIP LAVACA, LLC AS BUYERPurchase and Sale Agreement • February 24th, 2014 • Penn Virginia Corp • Crude petroleum & natural gas • Texas
This PURCHASE AND SALE AGREEMENT (this “Agreement”), is made and entered into this 13th day of December, 2013, by and among Penn Virginia Oil & Gas, L.P., a Texas limited partnership, Ted Collins, Jr., an individual, and Plein Sud Holdings, LLC, a Texas limited liability company (each, a “Seller” and collectively, “Sellers”), and HPIP Lavaca, LLC, a Delaware limited liability company (“Buyer”), and, solely for the purposes of Article 11, ArcLight Energy Partners Fund V, L.P., a Delaware limited partnership (“Buyer Guarantor”). Sellers and Buyer may be referred to herein individually as a “Party” or collectively as the “Parties.”
