ASSET PURCHASE AGREEMENT dated as of January 29, 2010 by and among Gasco Energy, Inc., Riverbend Gas Gathering, LLC and Monarch Natural Gas, LLCAsset Purchase Agreement • February 3rd, 2010 • Gasco Energy Inc • Crude petroleum & natural gas • Utah
This Asset Purchase Agreement (this “Agreement”), dated as of January 29, 2010 (the “Effective Date”), is entered into by and among Gasco Energy, Inc., a Nevada corporation (“Gasco”), Riverbend Gas Gathering, LLC, a Nevada limited liability company and a wholly owned subsidiary of Gasco (“Seller,” and together with Gasco, the “Seller Parties”), and Monarch Natural Gas, LLC, a Delaware limited liability company (“Buyer”). The Seller Parties and Buyer are sometimes referred to collectively herein as the “Parties” and each individually a “Party.”
