ASSET PURCHASE AGREEMENT BY AND AMONGAsset Purchase Agreement • September 8th, 2020 • Approach Resources Inc • Crude petroleum & natural gas • Texas
This ASSET PURCHASE AGREEMENT (this “Agreement”), dated September 3, 2020 (the “Execution Date”), is by and among Zarvona III-A, L.P., a Delaware limited partnership (“Buyer”), Approach Resources Inc., a Delaware corporation (the “Company”), Approach Oil & Gas Inc., a Delaware corporation (“Approach O&G”), Approach Resources I, LP, a Texas limited partnership (“Approach LP”), Approach Operating, LLC, a Delaware limited liability company (“Approach Operating”), and Approach Services, LLC, a Delaware limited liability company (“Approach Services”, and together with the Company, Approach O&G, Approach LP and Approach Operating, the “Sellers” and each entity individually a “Seller”). Buyer and the Sellers are sometimes hereinafter referred to individually as a “Party” and collectively as the “Parties”.
