Purchase and Sale AgreementPurchase and Sale Agreement • April 28th, 2009 • Teton Energy Corp • Drilling oil & gas wells • Colorado
This Purchase and Sale Agreement (this “Agreement”), dated April 22, 2009, is by and between Teton Energy Corporation, a Delaware corporation and its wholly owned subsidiary, Teton Piceance LLC, a Colorado limited liability company, 600 17th Street, Suite 1600 North, Denver, Colorado 80202 (together “Seller” or “Teton”) and Puckett Land Company, a Colorado corporation, 5460 S. Quebec St., Ste. 250, Greenwood Village, Colorado 80111 (“Buyer” or “PLC”). The transaction contemplated by this Agreement may be referred to as the “Transaction.” Seller and Buyer may be referred to individually as a “Party” or collectively as the “Parties.”
