ASSIGNMENT AGREEMENTAssignment Agreement • June 24th, 2021 • SandRidge Permian Trust • Crude petroleum & natural gas
This ASSIGNMENT AGREEMENT (this “Assignment”) is dated as of June 24, 2021, and effective as of June 30, 2021 (the “Effective Date”), by and among SandRidge Permian Trust, a statutory trust formed under the laws of the State of Delaware (the “Assignor”), and Montare Resources I, LLC (the “Assignee”) and consented to by Avalon Energy, LLC, a Texas limited liability company (the “Company”). All capitalized terms used herein and not otherwise defined shall have the meanings assigned to them in the Repayment Agreement (as defined below).
PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • June 24th, 2021 • SandRidge Permian Trust • Crude petroleum & natural gas • Texas
This Purchase and Sale Agreement (“Agreement”) dated as of June 18, 2021 but to be effective as of the Effective Time (as defined below), by and among SANDRIDGE PERMIAN TRUST, a Delaware statutory trust (“Seller”), for which The Bank of New York Mellon Trust Company, N.A. acts as trustee (the “Trustee”), and Montare Resources I, LLC (or its assigns), a Texas limited liability company (“Buyer”, and together with Seller collectively, the “Parties” or each a “Party”).
