PURCHASE AND SALE AGREEMENT BY AND BETWEEN MARITECH RESOURCES, INC. AS SELLER AND TANA EXPLORATION COMPANY LLC AS BUYER MARITECH 2011 DIVESTITURE PACKAGE OFFSHORE GULF OF MEXICOPurchase and Sale Agreement • August 9th, 2011 • Tetra Technologies Inc • Crude petroleum & natural gas • Texas
This Purchase and Sale Agreement (this “Agreement”) is entered into the 1st day of April, 2011, by and among MARITECH RESOURCES, INC., a Delaware corporation (“Seller”), and TANA EXPLORATION COMPANY LLC, a Delaware limited liability company (“Buyer”), and, for the limited purposes described in Sections 22.9 and 22.10, respectively, TRT HOLDINGS, INC., a Delaware corporation (“Buyer’s Parent”) and TETRA TECHNOLOGIES, INC., a Delaware corporation (“Seller’s Parent”). Buyer and Seller are sometimes collectively referred to herein as the “Parties” and each is sometimes individually referred to as a “Party.”
