0001045969-02-001048 Sample Contracts

PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • June 10th, 2002 • Tipperary Corp • Crude petroleum & natural gas • Texas

This Purchase and Sale Agreement (“Agreement”) is dated May 24, 2002, but effective for all purposes as of April 1, 2002 (“Effective Date”) between Tipperary Oil & Gas Corporation, a Texas corporation (“Seller”), whose address is 633 17th Street, Suite 1550, Denver, Colorado 80202, and Delta Petroleum Corporation, a Colorado corporation (“Buyer”), whose address is 475 17th Street, Suite 1400, Denver, Colorado, 80202.

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PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • June 10th, 2002 • Tipperary Corp • Crude petroleum & natural gas • Texas

THIS PURCHASE AND SALE AGREEMENT (“Agreement”), made by and between the DELTA PETROLEUM CORPORATION, as Seller (“SELLER”), and TIPPERARY OIL & GAS CORPORATION, as Buyer (“BUYER”).

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