ASSIGNMENT OF PRODUCTION AND PROCEEDS (Laurel County) TO BE RECORDED IN THE REAL ESTATE RECORDSPlatina Energy Group Inc. • January 24th, 2008 • Crude petroleum & natural gas
THIS ASSIGNMENT OF PRODUCTION AND PROCEEDS (this “Assignment”) is made and entered into effective as of January 1, 2008, by and between WILDCAT ENERGY CORP., a Nevada corporation, with an address of P.O. Box 3008, London, Kentucky 40743 (“Assignor”), and ENERGAS RESOURCES, INC., a Delaware corporation, with an address of 800 NE 63rd Street, 3rd Floor, Oklahoma City, Oklahoma County, Oklahoma 73105 (“Assignee”).
AGREEMENT OF SALE AND PURCHASE OF ASSETSAgreement of Sale and Purchase of Assets • January 24th, 2008 • Platina Energy Group Inc. • Crude petroleum & natural gas • Kentucky
THIS AGREEMENT OF SALE AND PURCHASE OF ASSETS (this“Agreement”) entered into effective as of January 1, 2008, among: (i) ENERGAS RESOURCES, INC., a Delaware corporation, with an address of 800 NE 63rd Street, 3rd Floor, Oklahoma City, Oklahoma 73105 (“Energas”); (ii) TGC, INC., a Kentucky corporation and a wholly-owned subsidiary of Energas, with an address of 800 NE 63rd Street, 3rd Floor, Oklahoma City, Oklahoma 73105 (“TGC”); (iii) AT GAS GATHERING SYSTEMS, INC., an Oklahoma corporation and a wholly-owned subsidiary of Energas (“ATG”); and (iv) WILDCAT ENERGY CORP., a Nevada corporation, with an address of P.O. Box 3008, London, Kentucky 40743 ("Buyer"). For purposes of this Agreement, Energas, TGC and ATG are sometimes each referred to individually as “Seller” and collectively as the “Sellers.”
AGREEMENT FOR SALE AND PURCHASE OF OIL AND GAS PROPERTIESAgreement for Sale • January 24th, 2008 • Platina Energy Group Inc. • Crude petroleum & natural gas • Oklahoma
THIS AGREEMENT is executed this 17thday of January, 2008, by ENERGAS CORP. ("Energas") and PLATINA ENERGY GROUP, a Wyoming corporation ("Platina").
NON-RECOURSE COMMERCIAL NOTENon- • January 24th, 2008 • Platina Energy Group Inc. • Crude petroleum & natural gas • Kentucky
FOR VALUE RECEIVED, and in consideration of the terms and conditions contained in that certain Agreement of Purchase and Sale of Assets dated effective as of January 1, 2008, among Lender, TGC, Inc., AT Gas Gathering Systems, Inc., and Borrower (the “Purchase Agreement”), WILDCAT ENERGY CORP., a Nevada corporation, with an address of P.O. Box 3008, London, Kentucky 40743 ("Borrower"), promises to pay to the order of ENERGAS RESOURCES, INC., a Delaware corporation, with an address of 800 NE 63rd Street, 3rd Floor, Oklahoma City, Oklahoma 73105 ("Lender"), the principal sum of Two Million Two Hundred Thousand Dollars ($2,200,000.00), together with interest thereon, on or before the "Maturity Date" as that term is defined below. Principal of this Note and all accrued interest thereon shall be due and payable as follows:
