0001104659-04-028052 Sample Contracts

PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • September 20th, 2004 • Cano Petroleum, Inc • Non-operating establishments • Oklahoma

THIS PURCHASE & SALE AGREEMENT (this “Agreement”) is made and entered into this day of September, 2004, by and between Nowata Oil Properties LLC (“Seller”), whose address is 2500 South McGee Drive, Suite 100, Norman, Oklahoma 73072, and Cano Petroleum, Inc. (“Buyer”), whose address is 309 West Seventh Street, Suite 1600, Fort Worth, Texas 76102, for the purpose of Buyer purchasing Seller’s rights in oil, gas and mineral leases and other related interests under the terms and conditions of this Agreement.

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