0001140361-08-003867 Sample Contracts

PURCHASE AND SALE AGREEMENT BY AND BETWEEN CALLON PETROLEUM OPERATING COMPANY AND CIECO ENERGY (US) LIMITED FOR A FIFTY PERCENT INTEREST IN FEDERAL LEASES COVERING GARDEN BANKS BLOCKS 738, 782, 785, 826 AND 827 AS TO CERTAIN DEPTHS DATED FEBRUARY 11, 2008
Purchase and Sale Agreement • February 13th, 2008 • Callon Petroleum Co • Crude petroleum & natural gas • Texas

THIS PURCHASE AND SALE AGREEMENT (this “Agreement”) dated February 11, 2008, is between Callon Petroleum Operating Company, a Delaware corporation, with an office at 200 North Canal Street, Natchez, Mississippi 39120 (“Seller”) and CIECO Energy (US) Limited, a Delaware corporation, with an office at 5555 San Felipe, Suite 620, Houston, Texas 77056 (“Buyer”) (with Seller and Buyer being individually, a “Party” and collectively, the “Parties”.)

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