Agreement for Sale of Hoss Holmes Lease Between Avro Energy and G&S Operations

Contract Categories: Business Finance › Purchase Agreements
Summary

Avro Energy and G&S Operations have agreed that Avro Energy will sell the Hoss Holmes Lease to G&S Operations for $60,000 and additional equipment, including a gun barrel separator, two size 40 pumping units, 2,000 feet of 2 3/8" tubing, and 2,000 feet of 3/4" rods. The equipment must be delivered by April 5, 2010. Both parties have signed the agreement, which outlines the sale terms and delivery deadline.

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EX-10.1 2 ex10-1.txt LETTER AGREEENT Exhibit 10.1 AVRO ENERGY 213 EAST ARKANSAS VIVIAN, LA 71082 MARCH 5, 2010 G&S Operations To Whom It May Concern: On this the 5th day of March, 2010, Avro Energy and G&S Operations enter into an agreement to sell Hoss Holmes Lease to G&S Operations, for the sum of $60,000.00 along with other valuable consideration. The valuable consideration consists of: A. Gun Barrel Separator B. 2-Size 40 Pumping Units C. 2000' - 2 3/8" Tubing D. 2000' - 3/4" Rods To be delivered to no later than April 5, 2010. /s/ Donny Fitzgerald - ---------------------------- Avro Energy /s/ - ---------------------------- G&S Operations