WORKING INTEREST PURCHASE AND SALE AGREEMENTWorking Interest Purchase and Sale Agreement • February 18th, 2014 • Cardinal Energy Group, Inc. • Oil & gas field exploration services • Texas
WHEREAS, Seller is a private company which owns a 100% working interests and a 80% net revenue interest in certain Oil and Gas leases and wellbores in Eastland County, Texas, in addition to other property and assets as set forth in the Subject Leases, more fully described in “Exhibit A” attached hereto); and
LEASEHOLD PURCHASE AND SALE AGREEMENT February 13, 2014 By and between: SABOR X ENERGY SERVICES A company duly Incorporated and existing under the laws of Texas AND CEGX OF TEXAS, LLC A company duly organized and existing under the laws of the State...Leasehold Purchase and Sale Agreement • February 18th, 2014 • Cardinal Energy Group, Inc. • Oil & gas field exploration services
This Leasehold Purchase and Sale Agreement (hereinafter referred to as, the “Agreement”) is made and entered into as of this 13th day of February, 2014, by and between Sabor X Energy Services, Inc., a Texas corporation, having its principal business address at PO Box 2707, Albany, TX 76430 (hereinafter referred to as, “Sabor X” or, “Seller”) and CEGX of Texas, LLC, a Texas limited liability company, having its principal place of business located at 6037 Frantz Rd., Suite 103, Dublin Ohio 43017 (hereinafter referred to as, “Cardinal” or, “Buyer”). Buyer and Seller may be referred to herein collectively as the “Parties” and individually as a “Party.”
