<SEC-DOCUMENT>0001104659-25-119058.txt : 20251208
<SEC-HEADER>0001104659-25-119058.hdr.sgml : 20251208
<ACCEPTANCE-DATETIME>20251208070819
ACCESSION NUMBER:		0001104659-25-119058
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		16
CONFORMED PERIOD OF REPORT:	20251205
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20251208
DATE AS OF CHANGE:		20251208

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ANTERO RESOURCES Corp
		CENTRAL INDEX KEY:			0001433270
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		ORGANIZATION NAME:           	01 Energy & Transportation
		EIN:				800162034
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36120
		FILM NUMBER:		251554614

	BUSINESS ADDRESS:	
		STREET 1:		1615 WYNKOOP STREET
		CITY:			DENVER
		STATE:			CO
		ZIP:			80202
		BUSINESS PHONE:		303-357-7325

	MAIL ADDRESS:	
		STREET 1:		1615 WYNKOOP STREET
		CITY:			DENVER
		STATE:			CO
		ZIP:			80202

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ANTERO RESOURCES APPALACHIAN CORP
		DATE OF NAME CHANGE:	20100209

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ANTERO RESOURCES BARNETT CORP
		DATE OF NAME CHANGE:	20080424
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<p style="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>UNITED STATES<br/> SECURITIES AND EXCHANGE COMMISSION</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Washington, D.C. 20549</b></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>CURRENT REPORT</b></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Check the appropriate box below if the Form&#160;8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Securities registered pursuant to section 12(b)&#160;of the Act:</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule&#160;405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule&#160;12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</p>

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<p style="margin: 0pt 0; font-size: 10pt; text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section&#160;13(a)&#160;of the Exchange Act.&#160; </span><span style="font-family: Wingdings">&#168;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

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<!-- Field: Page; Sequence: 1 -->
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

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    <td style="font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Entry Into a Material Definitive Agreement </b></span></td></tr>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><i>HG Acquisition</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On December&#160;5, 2025, Antero Resources
Corporation (the &#8220;Company&#8221;) entered into a Membership Interest Purchase Agreement (the &#8220;Purchase Agreement&#8221;)
to purchase 100% of the issued and outstanding equity interests of HG Energy II Production Holdings, LLC (&#8220;HG
Production&#8221;) from HG Energy II LLC (&#8220;HG Energy&#8221;) for cash consideration of $2.8 billion (the &#8220;Antero
Resources HG Acquisition&#8221;), subject to the terms and conditions thereof. HG Production owns approximately 385,000 net acres in
the core of the Marcellus Shale in West Virginia. Also pursuant to the Purchase Agreement, Antero Midstream Partners LP
(&#8220;Antero Midstream Partners&#8221; and, together with the Company, the &#8220;Antero Parties&#8221;), a wholly-owned
subsidiary of Antero Midstream Corporation (&#8220;Antero Midstream&#8221;), agreed to purchase 100% of the issued and outstanding
equity interests of HG Energy II Midstream Holdings, LLC (&#8220;HG Midstream&#8221; and, together with HG Production and HG Energy,
the &#8220;HG Parties&#8221;) from HG Energy (the &#8220;Antero Midstream HG Acquisition&#8221; and, together with the Antero
Resources HG Acquisition, the &#8220;Acquisitions&#8221;) for cash consideration of $1.1 billion, subject to the terms
and conditions thereof. <span style="color: #212529; background-color: white">Pursuant to the Purchase
Agreement, within one business day following the execution date thereof, the Company and Antero Midstream Partners will deposit (the
&#8220;Deposit&#8221;) approximately $210 million and $82.5 million, respectively, into escrow, which will be credited toward the
cash consideration payable at the closing of the Acquisitions. If the Purchase Agreement is terminated in accordance with its terms
and conditions, the Deposit will be disbursed to the Antero Parties or the HG Parties as provided in the Purchase Agreement. The
Acquisitions are expected to close in the first half of 2026, subject to the satisfaction of certain customary closing
conditions.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white; color: #212529">The Purchase
Agreement provides that the closing of the Acquisitions are subject to the satisfaction or waiver of customary closing conditions, including,
among others, (a)&#160;the accuracy of the representations and warranties of each party (subject to specified materiality standards and
customary qualifications), (b)&#160;compliance by each party in all material respects with their respective covenants, and (c)&#160;the
expiration or termination of all waiting periods imposed under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the
&#8220;HSR Act&#8221;).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white; color: #212529">The Antero
Parties and the HG Parties have made customary representations and warranties in the Purchase Agreement. The Purchase Agreement also contains
customary covenants and agreements, including, among others, covenants and agreements relating to (a)&#160;the conduct of the HG Parties&#8217;
businesses during the period between the execution of the Purchase Agreement and closing of the Acquisitions and (b)&#160;the efforts
of the parties to cause the Acquisitions to be completed, including obtaining any required governmental approval and causing any applicable
waiting period under the HSR Act to expire or terminate.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white; color: #212529">The
Purchase Agreement also provides for certain termination rights for the Antero Parties and the HG Parties, including, among others
(and subject to certain exceptions in each case), (a)&#160;by the parties by mutual written consent, (b)&#160;by either HG Energy or
the Antero Parties if any final and non-appealable order, decree, ruling or other similar action issued by a governmental authority
of competent jurisdiction is in effect prohibiting the consummation of the Acquisitions, (c)&#160;by either HG Energy or the Antero
Parties if the Acquisitions have not closed by March&#160;4, 2026 (the &#8220;Outside Date&#8221;) (provided that the Outside Date
will automatically be extended until June&#160;2, 2026, if the expiration or termination of all waiting periods imposed under the
HSR Act has not been obtained by March&#160;4, 2026), (d)&#160;by HG Energy if the Antero Parties have materially breached their
obligations under the Purchase Agreement, and (e)&#160;by the Antero Parties if the HG Parties have materially breached their
obligations under the Purchase Agreement. Subject to certain further terms, conditions and exceptions, if the Purchase Agreement is
terminated, or is terminable, (i)&#160;by HG Energy pursuant to clause (d)&#160;above, then HG Energy will have the right, at its
option, to either (1)&#160;terminate the Purchase Agreement and receive the Deposit as liquidated damages as HG Energy&#8217;s sole
and exclusive remedy or (2)&#160;obtain specific performance by the Antero Parties to consummate the Acquisitions; or (ii)&#160;by
the Antero Parties pursuant to clause (e)&#160;above, then the Antero Parties will have the right, at their option, to either
(1)&#160;terminate the Purchase Agreement and receive a refund of the Deposit in addition to seeking to recover from HG Energy the
Antero Parties&#8217; actual damages and out-of-pocket expenses incurred in connection with the Acquisitions (not to exceed an
amount equal to $25 million), or (2)&#160;obtain specific performance by HG Energy to consummate the Acquisitions.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #212529"><span style="background-color: white">In
connection with, and concurrently with the entry into, the Purchase Agreement, the Company entered into a debt commitment letter
dated December&#160;5, 2025 with Royal Bank of Canada, RBC Capital Markets and JPMorgan Chase Bank, N.A. (collectively, the
&#8220;Banks&#8221;), pursuant to which the Banks have committed, subject to satisfaction of certain customary terms and conditions,
to provide the Company with an unsecured 364-day term loan facility in an aggregate principal amount of $800 million (the
&#8220;Term Loan Bridge Facility&#8221;) and an unsecured 3-year term loan facility in an aggregate principal amount of $1.5 billion
(the &#8220;Term Loan A Facility&#8221;). The Company currently intends to fund the Antero Resources HG Acquisition and related fees
and expenses with a combination of cash on hand, free cash flow, borrowings under the Term Loan A Facility, proceeds from the Antero
Resources Utica Disposition (as defined below) and/or borrowings under its revolving credit facility.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #212529"><span style="background-color: white">The representations,
warranties and covenants contained in the Purchase Agreement have been made solely for the benefit of the parties thereto. In addition,
such representations, warranties and covenants (a)&#160;have been made only for purposes of the Purchase Agreement, (b)&#160;are subject
to materiality qualifications contained in the Purchase Agreement which may differ from what may be viewed as material by investors, (c)&#160;were
made only as of the date of the Purchase Agreement or such other date as is specified in the Purchase Agreement and (d)&#160;have been
included in the Purchase Agreement for the purpose of allocating risk between the contracting parties rather than establishing matters
as fact. Accordingly, the Purchase Agreement is included with this filing only to provide investors with information regarding the terms
of the Purchase Agreement, and not to provide investors with any other factual information regarding the parties thereto or their respective
businesses. Investors should not rely on the representations, warranties and covenants or any descriptions thereof as characterizations
of the actual state of facts or condition of the parties to the Purchase Agreement or any of their respective subsidiaries or affiliates.
Moreover, information concerning the subject matter of the representations and warranties may change after the date of the Purchase Agreement,
which subsequent information may or may not be fully reflected in the Company&#8217;s public disclosures. The Purchase Agreement should
not be read alone, but should instead be read in conjunction with the other information regarding the Company that is or will be contained
in the Company&#8217;s most recent Annual Report on Form&#160;10-K, subsequent Quarterly Reports on Form&#160;10-Q and other documents
that the Company files with the SEC.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The foregoing description of the Purchase Agreement and the Acquisitions
contemplated thereby is not complete and is qualified in its entirety by reference to the full text of the Purchase Agreement, a copy
of which is filed herewith as Exhibit&#160;10.1, and is incorporated herein by reference.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #212529"><span style="background-color: white">In connection
with entry into the Purchase Agreement, the Company and Antero Midstream agreed to allocate between the Antero Parties certain benefits
and costs under the Purchase Agreement and the buyer-side representations and warranties insurance policies.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #212529"><span style="background-color: white">In connection
with the closing of the Acquisitions and integration of the acquired assets, Antero Resources and Antero Midstream intend to make certain
modifications to their existing commercial arrangements to provide for on-pad compression with respect to certain wells and to provide
a transition period before certain water services would be provided under the agreements.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><i>Utica Disposition</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On December&#160;5, 2025, the Company and
certain of its wholly-owned subsidiaries (collectively, the &#8220;Antero Seller Parties&#8221;) entered into a Purchase and Sale
Agreement (the &#8220;Utica Upstream PSA&#8221;) to sell substantially all of their Utica Shale oil and gas assets to an affiliate
of Infinity Natural Resources Inc. (&#8220;Infinity&#8221;) and Northern Oil and Gas,&#160;Inc. (&#8220;NOG&#8221; and, together
with Infinity, the &#8220;Buyer Parties&#8221;) for aggregate cash consideration of $800&#160;million (the &#8220;Antero Resources
Utica Disposition&#8221;), subject to the terms and conditions thereof. Concurrently, certain wholly-owned subsidiaries of Antero
Midstream entered into a Purchase and Sale Agreement to sell substantially all of their Utica Shale midstream assets to Infinity and
NOG for aggregate cash consideration of approximately $400 million (the &#8220;Antero Midstream Utica Disposition,&#8221;), subject
to the terms and conditions thereof. Pursuant to the Utica Upstream PSA, within one business day following the execution date
thereof, the Buyer Parties will deposit (the &#8220;Utica Deposit&#8221;) an aggregate $80 million into escrow, which will be
credited toward the cash consideration payable at the closing of the Antero Resources Utica Disposition. If the Utica Upstream PSA
is terminated in accordance with its terms and conditions, the Utica Deposit will be disbursed to the Antero Seller Parties or the
Buyer Parties as provided in the Utica Upstream PSA. The Antero Resources Utica Disposition is expected to close in the first
quarter of 2026, subject to the satisfaction of certain customary closing conditions.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white; color: #212529">The Utica
Upstream PSA provides that the closing of the Antero Resources Utica Disposition is subject to the satisfaction or waiver of certain closing
conditions, including, among others, (a)&#160;the accuracy of the representations and warranties of each party (subject to specified materiality
standards and customary qualifications), (b)&#160;compliance by each party in all material respects with their respective covenants, (c)&#160;the
expiration or termination of all waiting periods imposed under the HSR Act and (d)&#160;the simultaneous closing of the Antero Midstream
Utica Disposition.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The parties to the Utica Upstream PSA have made customary representations
and warranties in the Utica Upstream PSA. The Utica Upstream PSA also contains customary covenants and agreements, including, among others,
covenants and agreements relating to (a)&#160;the conduct of businesses of the Company during the period between the execution of the
Utica Upstream PSA and closing of the Antero Resources Utica Disposition and (b)&#160;the efforts of the parties to cause the Antero
Resources Utica Disposition to be completed, including obtaining any required governmental approval and causing any applicable waiting
period under the HSR Act to expire or terminate.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #212529"><span style="background-color: white">The representations,
warranties and covenants contained in the Utica Upstream PSA have been made solely for the benefit of the parties thereto. In addition,
such representations, warranties and covenants (a)&#160;have been made only for purposes of the Utica Upstream PSA, (b)&#160;are subject
to materiality qualifications contained in the Utica Upstream PSA which may differ from what may be viewed as material by investors, (c)&#160;were
made only as of the date of the Utica Upstream PSA or such other date as is specified in the Utica Upstream PSA and (d)&#160;have been
included in the Utica Upstream PSA for the purpose of allocating risk between the contracting parties rather than establishing matters
as fact. Accordingly, the Utica Upstream PSA is included with this filing only to provide investors with information regarding the terms
of the Utica Upstream PSA, and not to provide investors with any other factual information regarding the parties thereto or their respective
businesses. Investors should not rely on the representations, warranties and covenants or any descriptions thereof as characterizations
of the actual state of facts or condition of the parties to the Utica Upstream PSA or any of their respective subsidiaries or affiliates.
Moreover, information concerning the subject matter of the representations and warranties may change after the date of the Utica Upstream
PSA, which subsequent information may or may not be fully reflected in the Company&#8217;s public disclosures. The Utica Upstream PSA
should not be read alone, but should instead be read in conjunction with the other information regarding the Company that is or will be
contained in the Company&#8217;s most recent Annual Report on Form&#160;10-K, subsequent Quarterly Reports on Form&#160;10-Q and other
documents that the Company files with the SEC.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The foregoing description of the Utica Upstream PSA and Antero Resources
Utica Disposition contemplated thereby is not complete and is qualified in its entirety by reference to the full text of the Utica Upstream
PSA, a copy of which is filed herewith as Exhibit&#160;10.2, and is incorporated herein by reference.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: top">
    <td style="width: 1in; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Item 7.01</b></span></td>
    <td style="font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Regulation FD Disclosure. </b></span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">On December&#160;8, 2025, the Company issued
a press release announcing the entry into the Purchase Agreement and the Utica Upstream PSA and the transactions contemplated thereby.
The full text of the press release is furnished as Exhibit&#160;99.1 hereto and incorporated herein by reference.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">The information furnished in this Item 7.01 shall not be deemed &#8220;filed&#8221; for purposes of Section&#160;18 of the Securities
Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated
by reference in any filing under the Securities Act of 1933, as amended, regardless of any general incorporation language in such filing,
except as shall be expressly set forth by specific reference in such filing.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white; color: #212529"><b>Forward-Looking
Statements</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white; color: #212529">This
Form&#160;8-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other
federal securities laws. Forward-looking statements can be identified by words such as &#8220;anticipates,&#8221; &#8220;believes,&#8221;
&#8220;forecasts,&#8221; &#8220;plans,&#8221; &#8220;estimates,&#8221; &#8220;expects,&#8221; &#8220;should,&#8221; &#8220;will&#8221;
or other similar expressions. Examples of forward-looking statements include, among others, statements relating to the Acquisitions, the
Antero Resources Utica Disposition and the Antero Midstream Utica Disposition, including the estimated timing, final purchase prices and
financing thereof. The forward-looking statements included in this Form&#160;8-K involve risks and uncertainties that could cause actual
results to differ materially from projected results. Accordingly, investors should not place undue reliance on forward-looking statements
as a prediction of actual results. The Company has based these forward-looking statements on current expectations and assumptions about
future events, taking into account all information currently available to the Company. While the Company considers these expectations
and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks
and uncertainties, many of which are difficult to predict and beyond the Company&#8217;s control and which include, but are not limited
to, risks associated with the Acquisitions, the Antero Resources Utica Disposition and the Antero Midstream Utica Disposition, including
the risk that the acquisitions or dispositions are not consummated on the terms expected or on the anticipated schedule, or at all, and
risks associated with the successful integration and future performance of the acquired assets and operations commodity price volatility,
inflation, supply chain or other disruption, availability and cost of drilling, completion and production equipment and services, environmental
risks, drilling and completion and other operating risks, marketing and transportation risks, regulatory changes or changes in law, the
uncertainty inherent in estimating natural gas, NGLs and oil reserves and in projecting future rates of production, cash flows and access
to capital, the timing of development expenditures, conflicts of interest among our stockholders, impacts of geopolitical and world health
events, cybersecurity risks, and the state of markets for, and availability of, verified quality carbon offsets.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white; color: #212529">These
and other risks and uncertainties are described under Item 1A, &#8220;Risk Factors,&#8221; of the Company&#8217;s Annual Report on Form&#160;10-K
for the year ended December&#160;31, 2024, as updated by any subsequent Form&#160;10-Qs, and those set forth in other documents the Company
files from time to time with the SEC.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: top">
    <td style="font-size: 10pt; width: 1in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Item 9.01</b></span></td>
    <td style="font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Financial Statements and Exhibits. </b></span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(d)&#160;Exhibits.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="vertical-align: bottom; width: 10%">
    <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Exhibit</p>
    <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Number</p></td>
    <td style="padding-bottom: 1pt; vertical-align: top; width: 2%">&#160;</td>
    <td style="padding-bottom: 1pt; vertical-align: bottom; width: 88%">
    <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>
    <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Description</p></td></tr>
  <tr>
    <td>&#160;</td>
    <td style="vertical-align: top">&#160;</td>
    <td>&#160;</td></tr>
  <tr>
    <td style="text-align: left; vertical-align: top"><a href="tm2532931d1_ex10-1.htm" style="-sec-extract: exhibit"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.1*</span></a></td>
    <td style="vertical-align: top">&#160;</td>
    <td style="text-align: justify"><a href="tm2532931d1_ex10-1.htm" style="-sec-extract: exhibit"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Membership Interest Purchase Agreement, by and among HG Energy II LLC, HG Energy II Production Holdings, LLC, HG Energy II Midstream Holdings, LLC, Antero Resources Corporation and Antero Midstream Partners LP, dated as of December&#160;5, 2025.</span></a></td></tr>
  <tr>
    <td style="text-align: left; vertical-align: top"><a href="tm2532931d1_ex10-2.htm" style="-sec-extract: exhibit"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.2*</span></a></td>
    <td style="vertical-align: top">&#160;</td>
    <td style="text-align: justify"><a href="tm2532931d1_ex10-2.htm" style="-sec-extract: exhibit"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Purchase and Sale Agreement, among Antero Resources Corporation, Antero Minerals LLC, Monroe Pipeline LLC,&#160;Infinity Natural Resources, LLC and Northern Oil and Gas,&#160;Inc., dated December&#160;5, 2025.</span></a></td></tr>
  <tr>
    <td><a href="tm2532931d1_ex99-1.htm" style="-sec-extract: exhibit"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">99.1</span></a></td>
    <td style="vertical-align: top">&#160;</td>
    <td><a href="tm2532931d1_ex99-1.htm" style="-sec-extract: exhibit"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Press Release, dated December&#160;8, 2025, of Antero Resources Corporation. </span></a></td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: top"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">104</span></td>
    <td style="vertical-align: top">&#160;</td>
    <td style="vertical-align: bottom"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Cover Page&#160;Interactive Data File (embedded with Inline XBRL document).</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><tr style="vertical-align: top; text-align: justify">
<td style="width: 0.25in; text-align: left">*</td><td style="text-align: justify">Certain of the schedules and exhibits to this Exhibit have been
omitted pursuant to Item 601(a)(5) of Regulation S-K. A copy of any omitted schedule or exhibit will be furnished to the U.S. Securities
and Exchange Commission upon request. Certain personally identifiable information has also been omitted from this Exhibit pursuant to
Item 601(a)(6) of Regulation S-K.</td>
</tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>SIGNATURES</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
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    <td colspan="2" style="font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>ANTERO RESOURCES CORPORATION</b></span></td>
    <td>&#160;</td></tr>
  <tr>
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    <td style="width: 47%">&#160;</td>
    <td style="width: 50%">&#160;</td></tr>
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    <td style="font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</span></td>
    <td style="border-bottom: black 1pt solid; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Brendan E. Krueger</span></td>
    <td>&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td>&#160;</td>
    <td style="font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: Brendan E. Krueger</span></td>
    <td>&#160;</td></tr>
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    <td style="white-space: nowrap">&#160;</td>
    <td style="white-space: nowrap; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: Chief Financial Officer, Senior Vice President&#8211;Finance and Treasurer</span></td>
    <td style="white-space: nowrap">&#160;</td></tr>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Date: December&#160;8, 2025</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>

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<DOCUMENT>
<TYPE>EX-10.1
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<DESCRIPTION>EXHIBIT 10.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: right; margin: 0"><B>Exhibit 10.1</B></P>

<P STYLE="margin-top: 0; margin-bottom: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>MEMBERSHIP INTEREST PURCHASE AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>by and among</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>HG ENERGY II LLC</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>as Seller,</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>HG ENERGY II PRODUCTION HOLDINGS, LLC</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>and</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>HG ENERGY II MIDSTREAM HOLDINGS, LLC</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>as the Companies,</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>and</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ANTERO RESOURCES CORPORATION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>and</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ANTERO MIDSTREAM PARTNERS LP</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>collectively, as Buyer</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Dated as of December&nbsp;5, 2025</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 1 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><U>TABLE OF CONTENTS</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B><U>Page</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">Article&nbsp;I DEFINITIONS</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">1</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in; width: 15%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;1.1</FONT></TD>
    <TD STYLE="width: 75%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Definitions</FONT></TD>
    <TD STYLE="text-align: right; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">1</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;1.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Construction</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">32</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">Article&nbsp;II PURCHASE AND SALE TRANSACTION</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">33</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;2.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Purchase and Sale</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">33</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;2.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Purchase Price</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">33</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;2.3</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Adjustment Amount</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">33</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;2.4</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Deposit; Escrow</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">38</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;2.5</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Closing Statement</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">38</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;2.6</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Closing</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">38</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;2.7</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Post-Closing Adjustment</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">39</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;2.8</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Tax Treatment; Purchase Price Allocation</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">42</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;2.9</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Withholding Taxes</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">42</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;2.10</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Closing Distribution</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">42</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;2.11</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Deliveries at Closing</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">43</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">Article&nbsp;III TITLE MATTERS</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">46</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;3.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Independent Title Review</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">46</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;3.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Exclusive Rights and Obligations</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">53</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">Article&nbsp;IV ENVIRONMENTAL MATTERS</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">53</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;4.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Examination Period</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">53</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;4.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Access to Oil&nbsp;&amp; Gas Assets and Records</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">53</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;4.3</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Notice of Environmental Defects</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">54</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;4.4</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Cure of and Remedies for Environmental Defects</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">55</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;4.5</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Dispute</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">56</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;4.6</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Limitations on Environmental Defects</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">57</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;4.7</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Exclusive Rights and Obligations</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">57</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">Article&nbsp;V CASUALTY&nbsp;&amp; CONDEMNATION</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">58</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;5.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Casualty and Condemnation</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">58</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">Article&nbsp;VI REPRESENTATIONS AND WARRANTIES REGARDING SELLER</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">58</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;6.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Organization</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">58</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;6.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Authority</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">58</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;6.3</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Enforceability</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">58</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;6.4</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Title to Target Interests</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">59</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;6.5</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">No Violation or Breach</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">59</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;6.6</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Brokerage Arrangements</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">59</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;6.7</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Litigation</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">59</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;6.8</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Bankruptcy</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">59</FONT></TD>
    </TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">Article&nbsp;VII REPRESENTATIONS AND WARRANTIES REGARDING THE COMPANIES</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">60</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in; width: 15%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.1</FONT></TD>
    <TD STYLE="width: 75%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Organization</FONT></TD>
    <TD STYLE="text-align: right; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">60</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Authority; Governing Documents</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">60</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.3</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Enforceability</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">60</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.4</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Capitalization</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">60</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.5</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">No Violation or Breach</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">63</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.6</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Consents; Preferential Rights</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">63</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.7</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Brokerage Arrangements</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">63</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.8</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Litigation</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">63</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.9</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Compliance with Laws</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">64</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.10</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Financial Statements and Reserve Report</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">64</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.11</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">No Material Adverse Effect; Absence of Changes</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">65</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.12</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Taxes</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">65</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.13</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Contracts</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">67</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.14</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Affiliate Arrangements; HG Energy Arrangements; Quantum Affiliate Arrangements</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">69</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.15</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Permits</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">70</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.16</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Environmental Matters</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">70</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.17</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Insurance</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">71</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.18</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Imbalances</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">71</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.19</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Non-Consent Operations</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">71</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.20</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Current Commitments</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">71</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.21</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Suspense Funds</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">71</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.22</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Payout Balances</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">72</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.23</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Royalties and Working Interest Payments</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">72</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.24</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Gathering Systems</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">72</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.25</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Wells</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">73</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.26</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Equipment</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">74</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.27</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Leases</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">74</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.28</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Officers and Bank Accounts; Powers of Attorney</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">74</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.29</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Labor Matters; Employee Benefit Plans</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">74</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.30</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Special Warranty</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">74</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.31</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Credit Support</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">75</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.32</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Specified Matters</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">75</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.33</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Drilling Obligations</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">75</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.34</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Casualty Losses</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">75</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.35</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Energy Regulatory Status</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">76</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.36</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Ownership and Sufficiency of Assets</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">76</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.37</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Unrelated Activities</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">76</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.38</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Loans and Guarantees</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">77</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.39</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Intellectual Property</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">77</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;7.40</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Target Group Hedges</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">77</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">Article&nbsp;VIII REPRESENTATIONS AND WARRANTIES REGARDING BUYER</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">77</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;8.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Organization</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">77</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;8.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Authority</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">78</FONT></TD>
    </TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

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<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in; width: 15%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;8.3</FONT></TD>
    <TD STYLE="width: 75%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Enforceability</FONT></TD>
    <TD STYLE="text-align: right; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">78</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;8.4</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">No Violation or Breach</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">78</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;8.5</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Consents</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">78</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;8.6</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Litigation</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">79</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;8.7</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Bankruptcy</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">79</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;8.8</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Brokerage Arrangements</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">79</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;8.9</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Securities Matters</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">79</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;8.10</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Funds; Buyer Financing</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">79</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;8.11</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">R&amp;W Insurance Policy</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">80</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">Article&nbsp;IX ADDITIONAL AGREEMENTS AND COVENANTS</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">80</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;9.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Interim Covenants; Site Access</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">80</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;9.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Further Assurances</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">88</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;9.3</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Publicity</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">89</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;9.4</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Fees and Expenses</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">89</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;9.5</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Directors and Officers</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">90</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;9.6</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Records</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">91</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;9.7</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Insurance</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">91</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;9.8</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">R&amp;W Insurance Policy</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">91</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;9.9</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Credit Support</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">92</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;9.10</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Affiliate Arrangements</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">93</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;9.11</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Name Change</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">93</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;9.12</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Regulatory Approvals</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">93</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;9.13</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Target Group Hedges</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">95</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;9.14</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">[RESERVED]</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">97</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;9.15</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Buyer Financing</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">97</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;9.16</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Financing Cooperation</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">99</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;9.17</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Financial Information</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">101</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">Article&nbsp;X SURVIVAL; EXCLUSIVE REMEDY; RELEASE</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">102</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;10.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Survival</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">102</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;10.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Exclusive Remedy</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">102</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;10.3</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Release</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">103</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">Article&nbsp;XI TAX MATTERS</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">104</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;11.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Proration of Taxes</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">104</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;11.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Tax Returns</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">106</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;11.3</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Transfer Taxes</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">106</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;11.4</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Cooperation</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">106</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;11.5</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Tax Refunds</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">106</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;11.6</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Like-Kind Exchange</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">107</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">Article&nbsp;XII CONDITIONS TO CLOSING</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">107</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;12.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Conditions to the Obligations of Each Party</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">107</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;12.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Conditions to Obligations of Buyer</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">109</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;12.3</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Conditions to Obligations of Seller and the Companies</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">109</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;12.4</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Frustration of Closing Conditions</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">110</FONT></TD>
    </TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">Article&nbsp;XIII TERMINATION</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">110</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in; width: 15%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;13.1</FONT></TD>
    <TD STYLE="width: 75%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Termination</FONT></TD>
    <TD STYLE="text-align: right; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">110</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;13.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Effect of Termination</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">112</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;13.3</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Distribution of the Deposit upon Termination</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">112</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">Article&nbsp;XIV OTHER PROVISIONS</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000">113</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;14.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Notices</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">113</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;14.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Governing Law; Consent to Jurisdiction; Waiver of Jury Trial</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">115</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;14.3</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Entire Agreement; Amendments and Waivers</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">116</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;14.4</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Conflicting Provisions</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">116</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;14.5</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Binding Effect, Assignment and Third-Party Beneficiaries</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">116</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;14.6</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Severability</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">117</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;14.7</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Interpretation</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">117</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;14.8</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Headings</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">117</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;14.9</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Counterparts</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">117</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;14.10</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">No Recourse</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">118</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;14.11</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Disclaimer of Warranties and Representations</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">119</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;14.12</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Conflicts and Privilege</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">122</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;14.13</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Schedules</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">122</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;14.14</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Time Is of the Essence</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">122</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;14.15</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Specific Performance</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">123</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Section&nbsp;14.16</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">Financing Provisions</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">123</FONT></TD>
    </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>LIST OF ANNEXES, EXHIBITS AND SCHEDULES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>ANNEXES</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 15%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Annex A-1</FONT></TD>
    <TD STYLE="width: 85%">&nbsp;</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in">Part 1</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Leases and Fee Minerals (Pooled/Unitized)</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in">Part 2</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Leases and Fee Minerals (Unpooled)</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Annex A-2&#8239;&#8239;&#8239;&#8239;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Wells</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Annex A-3&#8239;&#8239;&#8239;</FONT></TD>
    <TD>DSUs</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Annex A-4&#8239;</FONT></TD>
    <TD>Surface Rights and Rights-of-Way</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Annex A-5&#8239;&#8239;&#8239;&#8239;&#8239;</FONT></TD>
    <TD>Gathering Systems</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Annex A-6&#8239;&#8239;&#8239;&#8239;&#8239;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Equipment</FONT></TD>
    </TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I>EXHIBITS</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 15%; font: 10pt Times New Roman, Times, Serif; text-align: left">Exhibit&nbsp;A</TD>
    <TD STYLE="width: 85%; font: 10pt Times New Roman, Times, Serif; text-align: left">Form&nbsp;of Seller Bring-Down Certificate</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Exhibit&nbsp;B</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Form&nbsp;of Assignment and Assumption Agreement</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Exhibit&nbsp;C</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Form&nbsp;of Buyer Bring-Down Certificate</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Exhibit&nbsp;D</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Escrow Agreement</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Exhibit&nbsp;E</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">R&amp;W Insurance Policy</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Exhibit&nbsp;F</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Form&nbsp;of Retained Asset Assignment</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Exhibit&nbsp;G</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Marcellus Formation Log</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Exhibit&nbsp;H</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Form&nbsp;of Resignations</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Exhibit&nbsp;I</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Form&nbsp;of Transition Services Agreement</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Exhibit&nbsp;J</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Form&nbsp;of Management Side Letter</TD></TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I>SCHEDULES</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 15%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 1.1(a)</FONT></TD>
    <TD STYLE="width: 85%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain Permitted Encumbrances</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 1.1(b)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Effective Time Working Capital Sample Calculation</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 1.1(c)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Permitted Leakage</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 1.1(d)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Retained Assets</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 2.3(c)(i)(D)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Estimated Pre-Paid Property Costs</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 2.11(a)(xiv)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Management Side Letter Person</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 6.5</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">No Violation or Breach of Seller</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 6.6</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Brokerage Arrangements</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.4</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Capitalization</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.5</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">No Violation or Breach of the Company</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.6</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Consents; Preferential Rights</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.7</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Brokerage Arrangements</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.8</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Litigation</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.9</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Compliance with Laws</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.10(a)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financial Statements</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.10(b)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financial Statement Adjustments</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.10(c)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">GAAP Liabilities</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.10(d)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Reserve Report</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.11</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">No Material Adverse Effect; Absence of Changes</FONT></TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

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<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 15%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.12</FONT></TD>
    <TD STYLE="text-align: justify; width: 85%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Taxes</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.13(a)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Material Contracts</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.13(b)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Contractual Obligations</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.14(a)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Affiliate Arrangements</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.14(b)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">HG Energy Arrangements</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.14(c)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Quantum Affiliate Arrangements</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.16</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Environmental Matters</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.17</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Insurance</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.18</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Imbalances</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.19</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Non-Consent Operations</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.20</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Current Commitments</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.21</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Suspense Funds</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.22</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Payout Balances</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.23</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Royalties and Working Interest Payments</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.24</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Gathering Systems</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.25</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Wells</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.27</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Leases</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.28</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Officers and Bank Accounts; Power of Attorney</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.31</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Credit Support</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.32</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Specified Matters</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.33</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Drilling Obligations</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.36</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ownership and Sufficiency of Assets</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.38</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Loans and Guarantees</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.40</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Target Group Hedges</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 9.1(a)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interim Operations</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 9.9(a)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Credit Support</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 9.9(b)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Specified Contracts</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 9.10</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Continuing Affiliate Arrangements</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 12.1(b)</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Required Governmental Approvals</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>MEMBERSHIP INTEREST PURCHASE AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">THIS MEMBERSHIP INTEREST PURCHASE
AGREEMENT (this &ldquo;<U>Agreement</U>&rdquo;), dated as of December&nbsp;5, 2025 (the &ldquo;<U>Execution Date</U>&rdquo;), is by and
among HG Energy II LLC, a Delaware limited liability company (&ldquo;<U>Seller</U>&rdquo;), HG Energy II Production Holdings, LLC, a Delaware
limited liability company (&ldquo;<U>HG II Production</U>&rdquo;), HG Energy II Midstream Holdings, LLC, a Delaware limited liability
company (&ldquo;<U>HG II Midstream Holdings</U>&rdquo;, and together with HG II Production, the &ldquo;<U>Companies</U>&rdquo;, and each,
a &ldquo;<U>Company</U>&rdquo;), and Antero Resources Corporation, a Delaware corporation (&ldquo;<U>AR</U>&rdquo;), and Antero Midstream
Partners LP, a Delaware limited partnership (&ldquo;<U>AM</U>&rdquo;, and together with AR, collectively the &ldquo;<U>Buyer</U>&rdquo;).
Seller, the Companies and Buyer are each sometimes referred to herein as a &ldquo;<U>Party</U>,&rdquo; and collectively as the &ldquo;<U>Parties</U>.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, Seller owns all of
the (a)&nbsp;issued and outstanding equity interests of HG II Production (the &ldquo;<U>HG II Production Interests</U>&rdquo;) and (b)&nbsp;issued
and outstanding equity interests of HG II Midstream Holdings (the &ldquo;<U>HG II Midstream Holdings Interests</U>&rdquo;, and together
with the HG II Production Interests, the &ldquo;<U>Target Interests</U>&rdquo;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, (a)&nbsp;HG II Production
owns all of the issued and outstanding equity interests of HG Energy II Appalachia, LLC, a Delaware limited liability company (&ldquo;<U>HG
II Appalachia</U>&rdquo;), and (b)&nbsp;HG II Midstream Holdings owns all of the issued and outstanding equity interests of HG Energy
II Midstream, LLC, a Delaware limited liability company (&ldquo;<U>HG II Midstream</U>&rdquo;, and together with HG II Appalachia, the
 &ldquo;<U>Company Subsidiaries</U>&rdquo;, and each, a &ldquo;<U>Company Subsidiary</U>&rdquo;, and such equity interests of the Company
Subsidiaries, the &ldquo;<U>Subsidiary Interests</U>&rdquo;); and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, effective as of the
Closing (as defined below) and on the terms and conditions set forth in this Agreement, Buyer desires to purchase from Seller, and Seller
desires to sell to Buyer, all of the Target Interests.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">NOW, THEREFORE, in consideration
of the premises and of the mutual promises, representations, warranties, covenants, conditions and agreements contained herein, and for
other valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; text-transform: uppercase; color: #010000"><B>Article&nbsp;I
</B></FONT><B><BR>
DEFINITIONS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;1.1&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Definitions</U>.
The terms defined in this <U>Section&nbsp;1.1</U> shall have the meanings set forth below for all purposes under this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Accounting Firm</U>&rdquo;
is defined in <U>Section&nbsp;2.7(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Adjustment Amount</U>&rdquo;
means the resulting calculation (which may result in a positive (+) number or negative (&ndash;) number) of the amounts set forth in <U>Section&nbsp;2.3(b)(i)</U>&nbsp;and
<U>Section&nbsp;2.3(b)(ii)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>AFE</U>&rdquo; means
any authorization for expenditure or other capital proposal to conduct operations relating to the Oil&nbsp;&amp; Gas Assets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Affiliate</U>&rdquo;
means when used with respect to any Person, any other Person that, directly or indirectly, through one or more intermediaries, Controls,
is controlled by, or is under common Control with, such Person in question; <I>provided</I>, that notwithstanding the foregoing, the members
of the Target Group shall be Affiliates of (a)&nbsp;Seller prior to Closing and (b)&nbsp;Buyer as of immediately after Closing; <I>provided,
further</I> that, without limiting <U>Section&nbsp;9.5</U>, <U>Section&nbsp;10.3</U>, <U>Section&nbsp;14.5</U> and <U>Section&nbsp;14.10</U>,
all private equity funds, portfolio companies and parallel investment entities owned, managed or controlled by Quantum Capital Group (other
than Seller and its wholly owned Subsidiaries) shall not be considered or otherwise deemed to be an &ldquo;Affiliate&rdquo; of Seller.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Affiliate Arrangements</U>&rdquo;
is defined in <U>Section&nbsp;7.14</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Agreement</U>&rdquo;
is defined in the Preamble.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Alternative Financing</U>&rdquo;
is defined in <U>Section&nbsp;9.15(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Allocated Value</U>&rdquo;
is defined in <U>Section&nbsp;3.1(c)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>AM</U>&rdquo; is
defined in the Preamble.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Antero Midstream</U>&rdquo;
means Antero Midstream Corporation, a Delaware corporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>AR</U>&rdquo; is
defined in the Preamble.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Arbitration Notice</U>&rdquo;
is defined in <U>Section&nbsp;12.1(c)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Asset Taxes</U>&rdquo;
means ad valorem, property, excise, severance, production or similar Taxes based upon the operation, ownership or acquisition of the Oil&nbsp;&amp;
Gas Assets or the production of Hydrocarbons or the receipt of proceeds therefrom, including any Pennsylvania Unconventional Gas Well
Fees, but excluding, for the avoidance of doubt,&nbsp;Income Taxes and Transfer Taxes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Balance Sheet Date</U>&rdquo;
is defined in <U>Section&nbsp;7.10(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Bank Accounts</U>&rdquo;
is defined in <U>Section&nbsp;7.28</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Base Purchase Price</U>&rdquo;
is defined in <U>Section&nbsp;2.2</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Business Day</U>&rdquo;
means any day other than a Saturday, Sunday or other day on which commercial banks are authorized or required by applicable Law to be
closed in Houston, Texas.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Buyer</U>&rdquo;
is defined in the Preamble.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Buyer Fundamental
Representations and Warranties</U>&rdquo; means those representations and warranties of Buyer set forth in <U>Section&nbsp;8.1</U>, <U>Section&nbsp;8.2</U>,
<U>Section&nbsp;8.3(a)</U>, <U>Section&nbsp;8.4(a)</U>, <U>Section&nbsp;8.8</U>, <U>Section&nbsp;8.9, Section&nbsp;8.10</U> and <U>Section&nbsp;8.11</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Cash and Cash Equivalents</U>&rdquo;
means (a)&nbsp;money, currency or a credit balance in a deposit account at a financial institution, (b)&nbsp;marketable direct obligations
issued or unconditionally guaranteed by the United States Government or issued by any agency thereof and backed by the full faith and
credit of the United States, (c)&nbsp;marketable direct obligations issued by any state of the United States of America or any political
subdivision of any such state or any public instrumentality thereof, (d)&nbsp;commercial paper issued by any bank or any bank holding
company owning any bank, and (e)&nbsp;certificates of deposit or bankers&rsquo; acceptances issued by any commercial bank organized under
the applicable Laws of the United States of America, in each case, as of the time of determination, and in each case, of clauses (b)&nbsp;through
(e), only to the extent constituting cash equivalents in accordance with GAAP; <I>provided</I> that Cash and Cash Equivalents shall be
calculated (x)&nbsp;net of Suspense Funds to the extent (and only to the extent) maintained in cash, if any, and any other restricted
balances and any other amounts that are not freely and immediately usable, distributable or transferable (including security deposits,
bond guarantees, collateral reserve accounts and amounts held in escrow or held by the Target Group on behalf of Third Parties) and (y)&nbsp;net
of outstanding outbound checks, drafts, draws, ACH debits and wire transfers but including overdrafts and including checks on hand, drafts
and wires received or deposited but not yet credited, in each case, as of such time of determination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Casualty Loss</U>&rdquo;
is defined in <U>Section&nbsp;5.1</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Claim</U>&rdquo;
is defined in <U>Section&nbsp;3.1(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Claim Deadline</U>&rdquo;
is defined in <U>Section&nbsp;3.1(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Closing</U>&rdquo;
is defined in <U>Section&nbsp;2.6</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Closing Date</U>&rdquo;
is defined in <U>Section&nbsp;2.6</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Closing Distribution</U>&rdquo;
is defined in <U>Section&nbsp;2.10</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Closing Payment</U>&rdquo;
is defined in <U>Section&nbsp;2.11(b)(iii)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Closing Purchase
Price</U>&rdquo; is defined in <U>Section&nbsp;2.5</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Closing Statement</U>&rdquo;
is defined in <U>Section&nbsp;2.5</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Code</U>&rdquo;
means the United States Internal Revenue Code of 1986, as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Companies</U>&rdquo;
is defined in the Preamble.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Company</U>&rdquo;
is defined in the Preamble.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Company Subsidiaries</U>&rdquo;
means, collectively, HG II Appalachia and HG II Midstream.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Confidentiality
Agreement</U>&rdquo; means that certain Confidentiality Agreement, dated as of October&nbsp;8, 2025, by and between Seller and Antero
Resources Corporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Consent</U>&rdquo;
means, other than any Preferential Rights, any approval, consent, ratification, waiver or other authorization (including any Governmental
Approval) from any Person that is required to be obtained in connection with the execution or delivery of this Agreement or the consummation
of transactions contemplated this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Contracts</U>&rdquo;
means all of the Target Group&rsquo;s right, title and interest in and to any and all contracts, agreements, indentures, commitments,
licenses, consensual obligations, arrangements, transactions, confirmations, permits, promises, or understandings, whether written or
oral, to which any member of the Target Group is a party or that will otherwise bind any of the Oil&nbsp;&amp; Gas Assets or the Target
Group after the Closing, (a)&nbsp;excluding (in each case) (i)&nbsp;the Leases; (ii)&nbsp;the Surface Rights and Rights-of-Way that are
in the nature of a real property interest; (iii)&nbsp;any other instruments creating or evidencing an interest in real property; and (iv)&nbsp;any
Retained Assets, and (b)&nbsp;including communitization agreements; net profits agreements; production payment agreements; confidentiality
agreements; bottom hole agreements; crude oil, condensate, gas, water or electricity purchase and sale, supply, gathering, transportation,
treating, fractionation, compression, stabilization and marketing agreements; hydrocarbon or water storage agreements; acreage contribution
agreements; exchange, trade or swap agreements; operating agreements; balancing agreements; joint venture agreements; partnership agreements;
farmin and farmout agreements; area of mutual interest agreements; surface use agreements; pooling declarations or agreements; unitization
agreements; drilling or workover rig agreements; completion or fracture stimulate agreements; processing agreements; saltwater disposal
agreements; facilities or equipment leases; and other similar contracts and agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Control</U>&rdquo;
(including its derivatives and similar terms) means possessing, directly or indirectly, the power to direct or cause the direction of
the management and policies of any such relevant Person by ownership of voting interest, by contract or otherwise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>COPAS</U>&rdquo;
means Council of Petroleum Accountants Society standards as in effect from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Credit Support</U>&rdquo;
means any cash deposits, guarantees, letters of credit, treasury securities, surety bonds and other forms of credit assurances or credit
support posted or entered into by Seller or its Affiliates with Governmental Authorities or any other Person with respect to the ownership
or operation of the Oil&nbsp;&amp; Gas Assets or the Target Group.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Cure Deadline</U>&rdquo;
is defined in <U>Section&nbsp;3.1(e)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Customary Contract</U>&rdquo;
is defined in <U>Section&nbsp;7.12(f)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Customary Post-Closing
Consents</U>&rdquo; means all rights to consent by, required notices to, filings with, Governmental Approvals from, or other actions by
any Governmental Authority, in each case, that are applicable to the transfer of the Target Interests to Buyer or otherwise in connection
the transactions contemplated by this Agreement and, in each case, are customarily sought and received after the closing of transactions
similar to the transactions contemplated hereby.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>D&amp;O Provisions</U>&rdquo;
is defined in <U>Section&nbsp;9.5(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Debt Commitment
Letter</U>&rdquo; is defined in <U>Section&nbsp;8.10(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Debt Documents</U>&rdquo;
means the Debt Commitment Letter and each definitive agreement with respect thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Decommissioning
Obligations</U>&rdquo; means any and all dismantling and decommissioning activities and obligations with respect to the Oil&nbsp;&amp;
Gas Assets as are required by Law, any Governmental Authority or any applicable Contract, including all well plugging, replugging and
abandonment, facility dismantlement and removal, pipeline and flowline removal, dismantlement and removal of all other property of any
kind related to or associated with operations or activities, and associated site restoration and site remediation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Defect Escrow Account</U>&rdquo;
is defined in <U>Section&nbsp;3.1(e)(i)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Defect Escrow Amount</U>&rdquo;
means any amounts required to be funded into the Defect Escrow Account at Closing in accordance with the express terms of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Defensible Title</U>&rdquo;
means, subject to the Permitted Encumbrances, such title of the Target Group, collectively, to the Leases, Fee Minerals, Wells and DSUs
that is (x)&nbsp;deducible of record (other than interests not filed of record that were obtained as a result of non-consent elections)
or (y)&nbsp;is evidenced by unrecorded instruments or elections, in each case, made or delivered pursuant to joint operating agreements,
pooling agreements, unitization agreement or similar agreements that, in either case, as of the Effective Time and the Closing Date:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)</FONT>&nbsp;with
respect to the Target Formation, entitles the Target Group to receive (i)&nbsp;with respect to any Leases or Fee Minerals shown in <U>Part&nbsp;2</U>
of <U>Annex A-1</U> (each an &ldquo;<U>Unpooled Interest</U>&rdquo;), not less than the Net Revenue Interest set forth for such Unpooled
Interest on <U>Part&nbsp;2</U> of <U>Annex A-1</U>, (ii)&nbsp;with respect to any Well shown on <U>Annex A-2</U>, not less than the Net
Revenue Interest set forth for such Well on <U>Annex A-2</U>, or (iii)&nbsp;with respect to each DSU shown on <U>Annex A-3</U>, not less
than the Net Revenue Interest set forth for such DSU on <U>Annex A-3</U>, in each case, except (A)&nbsp;with respect only to Unpooled
Interests, for any decrease caused by Orders of the applicable Governmental Authority having jurisdiction that are promulgated after the
Execution Date that concern pooling, unitization, communitization or spacing matters, (B)&nbsp;for decreases resulting from the reversion
of interests to co-owners with respect to operations in which such co-owners, after the Execution Date, elected not to consent, (C)&nbsp;for
decreases required to allow other working interest owners to make up past underproduction or pipelines to make up past underdeliveries,
(D)&nbsp;for decreases caused by operations where a member of the Target Group elects or is deemed to elect to be a non-consenting party
on or after the Execution Date in accordance with this Agreement, or (E)&nbsp;for any matter expressly stated in <U>Annex A-1</U>, <U>Annex
A-2</U> or <U>Annex A-3</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;with
respect to the Target Formation, obligates the Target Group to bear (or pay) a percentage of the costs and expenses for the development
and maintenance of, and the operations relating to, (i)&nbsp;with respect to each Well shown on <U>Annex A-2</U>, not more than the Working
Interest share set forth on <U>Annex A-2</U> for such Well or (ii)&nbsp;with respect to each DSU shown on <U>Annex A-3</U>, not more than
the Working Interest share set forth on <U>Annex A-3</U> for such DSU, in each case, of the costs and expenses for the maintenance and
development of, and operations relating to such Well or DSU, as applicable, except (A)&nbsp;with respect only to Unpooled Interests, for
any increase caused by Orders of the applicable Governmental Authority having jurisdiction that are promulgated after the Execution Date
that concern pooling, unitization, communitization or spacing matters, (B)&nbsp;for any increase caused by contribution requirements with
respect to defaults or non-consent elections by co-owners from and after the Execution Date under the applicable operating agreement,
(C)&nbsp;for any increase for which there is at least a proportionate increase in the Target Group&rsquo;s Net Revenue Interest in the
Target Formation for such Well or DSU, as applicable, or (D)&nbsp;as otherwise expressly stated in <U>Annex A-2</U> or <U>Annex A-3</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)</FONT>&nbsp;with
respect to the Target Formation for an Unpooled Interest shown on <U>Part&nbsp;2</U> of <U>Annex A-1</U>, entitles the Target Group to
not less than the number of Net Mineral Acres shown on <U>Part&nbsp;2</U> of <U>Annex A-1</U> for such Unpooled Interest, in each case,
except (A)&nbsp;for any decrease caused by Orders of any applicable Governmental Authority having jurisdiction that are promulgated after
the Execution Date that concern pooling, unitization, communitization or spacing matters, or (B)&nbsp;as otherwise expressly stated in
<U>Part&nbsp;2</U> of <U>Annex A-1</U>; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)</FONT>&nbsp;is
free and clear of all Liens.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Deposit</U>&rdquo;
is defined in <U>Section&nbsp;2.4</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Dispute Notice</U>&rdquo;
is defined in <U>Section&nbsp;2.7(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>DSU</U>&rdquo; each
designated spacing unit described on <U>Annex A-3</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Effective Time</U>&rdquo;
means 12:01 a.m.&nbsp;local time where the Oil&nbsp;&amp; Gas Assets are located on January&nbsp;1, 2026.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Effective Time Working
Capital</U>&rdquo; means the positive or negative amount of the remainder of (a)&nbsp;the Working Capital Assets, <U>minus</U> (b)&nbsp;the
Working Capital Liabilities, as measured and determined for the Effective Time. For illustrative purposes only, an Effective Time Working
Capital calculation example is set forth in <U>Schedule&nbsp;1.1(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Environmental Arbitrator</U>&rdquo;
is defined in <U>Section&nbsp;4.5</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Environmental Condition</U>&rdquo;
means (a)&nbsp;any event occurring or condition existing on or before the Claim Deadline with respect to the Oil&nbsp;&amp; Gas Assets
that causes an Oil&nbsp;&amp; Gas Asset (or the Target Group with respect to the Oil&nbsp;&amp; Gas Assets) to not be in compliance on
the Claim Deadline with any Environmental Laws, Environmental Permits or the terms of any agreement with any Governmental Authority under
Environmental Law or (b)&nbsp;the existence on or before the Claim Deadline with respect to the Oil&nbsp;&amp; Gas Assets or their operation
thereof of any environmental pollution, contamination, degradation, damage or injury caused by or related to an Oil&nbsp;&amp; Gas Asset
for which investigation, monitoring, removal, cleanup, remedial, restoration, or other corrective obligation or action is presently required
(or if known, would be presently required) under Environmental Laws or the terms of any agreement with any Governmental Authority under
Environmental Law. For the avoidance of doubt, the following events or conditions existing independently shall not form the basis of an
Environmental Condition: (a)&nbsp;the fact that a Well is no longer capable of producing sufficient quantities of oil or gas to continue
to be classified as a &ldquo;producing well&rdquo; or that such a Well should be temporarily abandoned or permanently plugged and abandoned,
(b)&nbsp;the fact that pipe is temporarily not in use, (c)&nbsp;all Decommissioning Obligations, including any that arise in the ordinary
course of business, by contract, lease terms, or applicable Laws, (d)&nbsp;any condition, contamination or Loss caused by or related to
NORM or asbestos or subsidence monitoring or remediation, except to the extent representing a violation of Environmental Laws on the Claim
Deadline, (e)&nbsp;except with respect to personal property (i)&nbsp;that causes or has caused contamination of soil, surface water or
groundwater which is a current violation of Environmental Law or (ii)&nbsp;the use or condition of which is a current violation of Environmental
Law, the physical condition of any surface or subsurface personal property, including water or oil tanks, separators or other ancillary
equipment; and (f)&nbsp;any matter disclosed on <U>Schedule 7.16</U>; <I>provided</I>, that to the extent the Lowest Cost Response to
remediate any Environmental Condition not of the type described in subsections (a)&nbsp;through (e)&nbsp;above (a &ldquo;<U>Primary Environmental
Condition</U>&rdquo;) affirmatively requires, either by Environmental Law, Environmental Permits or Order of a Governmental Authority,
that any such events or conditions described in subsections (c)&nbsp;through (e)&nbsp;above must also be addressed, such events or conditions
described in subsections (c)&nbsp;through (e)&nbsp;shall be permitted to be included in the determination of the Lowest Cost Response
for the Primary Environmental Condition (for example, if a material spill results in an Order to plug the well to remediate such material
spill, such required plugging costs may be included in the determination of the Lowest Cost Response for the material spill).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Environmental Defect</U>&rdquo;
means, subject to <U>Section&nbsp;4.6(a)</U>, any Environmental Condition discovered by Buyer or its representatives on or before the
Claim Deadline.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Environmental Defect
Amount</U>&rdquo; means with respect to an Environmental Defect, the cost of the Lowest Cost Response (limited to the amounts which the
Target Group or HG Energy is responsible as owner or operator) to remedy or cure such Environmental Defect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Environmental Defect
Notice</U>&rdquo; is defined in <U>Section&nbsp;4.3(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Environmental Defect
Property</U>&rdquo; is defined in <U>Section&nbsp;4.3(b)(ii)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Environmental Laws</U>&rdquo;
means all applicable Laws relating to pollution or the protection of the environment or natural resources, or human health or safety (to
the extent related to exposure to Hazardous Materials), including those Laws relating to the storage, handling, and use of Hazardous Materials,
and those Laws relating to the generation, processing, treatment, storage, release, transportation or disposal thereof. The term &ldquo;Environmental
Laws&rdquo; does not include (a)&nbsp;prudent, good or desirable operating practices, policies, statements or standards that may be voluntarily
employed or adopted by other oil and gas well operators or recommended, but not required, by a Governmental Authority to the extent the
same are not otherwise Laws, or (b)&nbsp;the Occupational Safety and Health Act of 1970, 29 U.S.C. &sect; 651 <I>et seq</I>, as amended,
or any other Law governing health or worker safety or workplace conditions, except to the extent related to exposure to Hazardous Materials.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Environmental Liabilities</U>&rdquo;
means all Losses (including remedial, removal, response, clean-up, investigation or monitoring costs or costs of other corrective action),
expenses, liabilities, obligations consulting fees, orphan share, prejudgment and postjudgment interest, court costs and other damages
arising from or under Environmental Laws or Environmental Permits or Third Party claims relating thereto, and which relate to the Oil&nbsp;&amp;
Gas Assets or the ownership or operation of the same, including: (a)&nbsp;any actual or threatened release of Hazardous Materials into
the environment or resulting from or attributable to exposure to Hazardous Materials; (b)&nbsp;the generation, manufacture, processing,
distribution, use, treatment, storage, disposal, transport or handling of Hazardous Materials; or (c)&nbsp;any other matter, condition
or circumstance concerning Environmental Laws, Environmental Permits or the violation thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Environmental Permit</U>&rdquo;
means any Permit issued or required by Environmental Laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Environmental Threshold
Amount</U>&rdquo; is defined in <U>Section&nbsp;4.6(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Equipment</U>&rdquo;
means all of the Target Group&rsquo;s right, title and interest in and to any equipment, tools, machinery, fixtures, inventory and other
personal, moveable and mixed property, including such equipment located on any of the Oil&nbsp;&amp; Gas Interests or other Oil&nbsp;&amp;
Gas Assets that is used in connection therewith, and including wellhead equipment, power, electricity and transmission equipment, casing,
tubing, pumps, motors, platforms, rods, tanks, boilers, flowlines, pipelines, compression equipment, gathering systems associated with
the Wells, pits, ponds, impoundments, manifolds, processing and separation facilities, pads, structures, materials, injection facilities,
saltwater disposal facilities, and other equipment, fixtures or machinery of any kind or character that is used or held for use by the
Target Group in connection with the ownership or operation of the Oil&nbsp;&amp; Gas Interests or the Gathering Systems, including those
described on <U>Annex A-6</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>ERISA</U>&rdquo;
means the Employee Retirement Income Security Act of 1974, as amended, and the regulations promulgated thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Escheat Funds</U>&rdquo;
means any and all funds held in suspense (including funds held in suspense for unleased interests and all penalties and interest accrued
or required to be accrued on such funds under applicable Laws) that are attributable to the Oil&nbsp;&amp; Gas Assets or any interests
pooled, unitized or communitized therewith that Seller or any of its Affiliates is obligated to escheat to any Governmental Authority
prior to the Execution Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Escrow Account</U>&rdquo;
is defined in <U>Section&nbsp;2.4</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Escrow Agent</U>&rdquo;
means Truist Bank, a North Carolina banking corporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Escrow Agreement</U>&rdquo;
means that certain Escrow Agreement by and among Seller, Buyer and the Escrow Agent, dated as of the Execution Date and attached hereto
as <U>Exhibit&nbsp;D</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Examination Period</U>&rdquo;
is defined in <U>Section&nbsp;3.1(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Excess Amount</U>&rdquo;
is defined in <U>Section&nbsp;2.7(d)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Exchange</U>&rdquo;
is defined under <U>Section&nbsp;11.6</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Exchange Act</U>&rdquo;
means the Securities Exchange Act of 1934, as amended, and the rules&nbsp;and regulations promulgated thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Excluded Information</U>&rdquo;
means (a)&nbsp;any post-Closing or pro forma information regarding any projections, ownership or an as-adjusted capitalization table,
(b)&nbsp;any pro forma financial information or statements, (c)&nbsp;any description of all or any component of the Financing, including
any such description to be included in liquidity and capital resources disclosure or any &ldquo;description of notes&rdquo;, or other
information customarily provided by the Financing Sources or their counsel, (d)&nbsp;risk factors relating to all or any component of
the Financing or the pro forma capital structure, or (e)&nbsp;other information customarily excluded from a Rule&nbsp;144A offering memorandum
for private placements of non-convertible high yield debt securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Execution Date</U>&rdquo;
is defined in the Preamble.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Existing Credit
Facilities</U>&rdquo; means (a)&nbsp;that certain Amended and Restated Credit Agreement dated as of August&nbsp;31, 2021, among HG Energy
II Production Holdings, LLC, as Borrower, Wells Fargo Bank N.A., as Administrative Agent and Issuing Bank, the Lenders party hereto and
Wells Fargo Securities, LLC, Truist Securities,&nbsp;Inc., MUFG Union Bank, N.A., KeyBanc Capital Markets Inc., Canadian Imperial Bank
of Commerce, New York Branch, Citizens Bank, N.A., Citibank, N.A., Capital One, National Association, Royal Bank of Canada and PNC Bank,
National Association, as Joint Lead Arrangers and Joint Bookrunners (as amended by that certain First Amendment to Amended and Restated
Credit Agreement, dated as of April&nbsp;22, 2022, that certain Second Amendment to Amended and Restated Credit Agreement, dated as of
September&nbsp;23, 2022, that certain Third Amendment to Amended and Restated Credit Agreement, dated as of May&nbsp;2, 2023, and that
certain Fourth Amendment to Amended and Restated Credit Agreement, dated as of April&nbsp;29, 2024) and (b)&nbsp;that certain Credit Agreement
dated as of August&nbsp;30, 2021, among HG Energy II Midstream Holdings, LLC, as Borrower, the Lenders party thereto, Wells Fargo Bank,
National Association, as Administrative Agent and Collateral Agent, Wells Fargo Securities, LLC, RBC Capital Markets and Truist Securities,&nbsp;Inc.,
as Joint Lead Arrangers and Wells Fargo Securities, LLC, as sole bookrunner (as amended by that certain First Amendment to Credit Agreement,
dated as of April&nbsp;22, 2022 and that certain Second Amendment to Credit Agreement and First Amendment to Collateral Agreement, dated
as of April&nbsp;29, 2024).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Fee Letter</U>&rdquo;
is defined in <U>Section&nbsp;8.10(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Fee Minerals</U>&rdquo;
means any and all oil, gas or fee minerals, mineral servitudes and other similar interests in minerals in place that are owned by the
Target Group, including those fee minerals set forth on <U>Annex A-1</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>FERC</U>&rdquo;
is defined in <U>Section&nbsp;7.35</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Final Purchase Price</U>&rdquo;
means the Base Purchase Price, <U>plus</U> or <U>minus</U> the Adjustment Amount, if any, as finally determined pursuant to <U>Section&nbsp;2.7</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Financial Statements</U>&rdquo;
is defined in <U>Section&nbsp;7.10(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Financing</U>&rdquo;
means the third party financing obtained by Buyer and/or any of its applicable Subsidiaries to fund the transactions contemplated by this
Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Financing Information</U>&rdquo;
means, for purposes of the Financing, (a)&nbsp;financial information and financial data with respect to the Target Group that is commercially
reasonably available to the Target Group, derived from Seller&rsquo;s and Target Group&rsquo;s historical books and records and is necessary
or appropriate for Buyer to prepare customary pro forma financial statements in accordance with the requirements of Regulation S-X under
the Securities Act for registered offerings of securities on Form&nbsp;S-1 (or any successor form thereto) under the Securities Act, and
of the type and form, and for the periods (including for the twelve (12)-month period ending on the last day of the most recently completed
four-fiscal quarter period), in each case, customarily included in an offering memorandum or prospectus used in connection with a registered
offering or a private placement of non-convertible high-yield bonds pursuant to Rule&nbsp;144A under the Securities Act, as applicable
(provided that the Target Group shall not be responsible for the preparation of any pro forma financial statements or pro forma adjustments
thereto, but shall provide reasonable assistance with (and provide reasonably requested information for) Buyer&rsquo;s preparation of
such pro forma financial statements); (b)&nbsp;financial statements, financial data, business, operating, oil and gas reserves and other
information (including customary due diligence materials with respect to the Target Group) regarding the Target Group that (i)&nbsp;is
commercially reasonably available to the Target Group and (ii)&nbsp;is (A)&nbsp;of the type and form, and for the periods, required and/or
customarily included in, an offering memorandum or prospectus used in connection with a registered offering or a private placement of
non-convertible high-yield bonds pursuant to Rule&nbsp;144A under the Securities Act, as applicable, or (B)&nbsp;otherwise reasonably
necessary to receive from the independent auditors and reserve engineers of the Target Group (and any other auditor or reserve engineer
to the extent financial statements audited or reviewed by such auditor or reserve reports prepared or audited by such reserve engineer
are or would be included in such offering memorandum or prospectus) customary &ldquo;comfort&rdquo; (including &ldquo;negative assurance&rdquo;
comfort) with respect to the financial or oil and gas reserves information of the Target Group to be included in such offering memorandum
or prospectus, together with drafts of customary &ldquo;comfort&rdquo; letters that such independent auditors are prepared to deliver
upon the &ldquo;pricing&rdquo; of any securities issued in connection with the Financing; and (c)&nbsp;a reserve report relating to the
assets of the Target Group as of December&nbsp;31, 2025, prepared or audited by an independent petroleum engineering firm; <I>provided</I>,
that such reserve report shall be provided to Buyer no later than January&nbsp;31, 2026.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Financing Sources</U>&rdquo;
means the Persons that have committed or from whom Buyer is seeking a commitment to arrange or provide the Financing as lender, investor,
shareholder, underwriter, arranger, initial purchaser or otherwise (including the parties to any indentures, joinder agreements, credit
agreements or other definitive agreements relating thereto), together with their respective Affiliates and their and their respective
Affiliates&rsquo; officers, directors, employees, controlling persons, agents and representatives and their respective permitted successors
and assigns.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Flow-Through Income
Taxes</U>&rdquo; means U.S. federal Income Taxes and any similar Income Taxes imposed by any state or local Laws on the direct or indirect
owners of any entity on a flow-through basis by allocating or attributing to such owners all or certain of such entity&rsquo;s items of
income, gain, loss, deduction and other relevant tax attributes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Fraud</U>&rdquo;
means, with respect to any Person, an actual, intentional and knowing common law fraud with respect to any statement in any representation
or warranty set forth in <U>Article&nbsp;VI</U>, <U>Article&nbsp;VII</U> and <U>Article&nbsp;VIII</U> on which the other Party to this
Agreement relies to its material detriment; provided, however, that such actual, intentional and knowing common law fraud shall only be
deemed to exist if such Person, in each case had (a)&nbsp;actual knowledge (as opposed to imputed or constructive knowledge) on the Execution
Date that such representations and warranties (as qualified by the Schedules to this Agreement) were false when made and (b)&nbsp;the
actual and specific intent to deceive and mislead a Party and to receive a material benefit from such deception and misleading.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Funding Requirements</U>&rdquo;
is defined in <U>Section&nbsp;8.10(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>GAAP</U>&rdquo;
means accounting principles generally accepted in the United States as in effect from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Gathering Systems</U>&rdquo;
means the gathering systems and compressor stations and associated facilities depicted on <U>Annex A-5</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Good and Defensible
Title</U>&rdquo; means, as to each Gathering System and the Surface Rights and Rights-of-Way used or held for use in the ownership, operation
or maintenance of such Gathering System, such record title or interest (or as to any such assets that are not real property, such title
or interest) that is free and clear of any Lien or defect in title (other than a Permitted Encumbrance) as is sufficient to enable the
Target Group to own, operate and maintain such Gathering System and conduct the business of the Target Group with respect thereto in all
material respects in the ordinary course of business consistent with past practice.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Governing Documents</U>&rdquo;
means the documents by which any Person (other than an individual) establishes its legal existence or that govern its internal affairs,
including: (a)&nbsp;the articles or certificate of incorporation and the bylaws of a corporation; (b)&nbsp;the partnership agreement and
any statement of partnership of a general partnership; (c)&nbsp;the limited partnership agreement and the certificate of limited partnership
of a limited partnership; (d)&nbsp;the certificate of formation and the limited liability company agreement or, if applicable, operating
agreement of a limited liability company; (e)&nbsp;any similar charter or operating document adopted or filed in connection with the creation,
formation or organization of a Person; and (f)&nbsp;any amendment, modification, restatement, supplement, certificate of designations
or similar to any of the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Governmental Approval</U>&rdquo;
means any consent, approval, license, permit, certification, waiver, exemption or variance of or other authorization issued, granted,
given or otherwise made available, to, by or with, any Governmental Authority or pursuant to any Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Governmental Authority</U>&rdquo;
means any legislature, court, tribunal, arbitrator, authority, agency, department, commission, division, board, bureau, branch, official
or other instrumentality of the U.S., or any domestic state, county, parish, city, tribal or other political subdivision, governmental
department or similar governing entity, and including any governmental, quasi-governmental, regulatory, administrative or non-governmental
body exercising similar powers of authority.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Hazardous Materials</U>&rdquo;
means any chemical, constituent, material, pollutant, contaminant, substance or waste, whether solid, liquid, or gaseous which is regulated
as a &ldquo;hazardous material,&rdquo; &ldquo;hazardous waste,&rdquo; &ldquo;hazardous substance,&rdquo; &ldquo;toxic substance,&rdquo;
 &ldquo;pollutant,&rdquo; or &ldquo;contaminant&rdquo; by any Governmental Authority, or is otherwise classified as hazardous or toxic,
in or pursuant to any Environmental Law due to its hazardous, toxic, dangerous or deleterious properties or characteristics.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Hedge Contracts</U>&rdquo;
means any forward, futures, swap, collar, put, call, floor, cap, option or other similar Contract (excluding, for purposes of this definition
only, any physically settled Contract, including index, fixed price or physical basis transactions) that is intended to benefit from or
reduce or eliminate the risk of fluctuations in the price of commodities (including any Hydrocarbons or other commodities), currencies,
interest rates and indices, and any financial transmission rights and auction revenue rights.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Hedge Gains</U>&rdquo;
means, with respect to any Target Group Hedges, the amount any member of the Target Group is entitled to receive from the applicable Target
Group Hedge Counterparty under the terms of any and all such Target Group Hedges, including any amounts the Target Group is entitled to
receive upon the settlement, liquidation or termination of the same.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Hedge Losses</U>&rdquo;
means, with respect to any Target Group Hedges, the amount any member of the Target Group is obligated to pay to the applicable Target
Group Hedge Counterparty under the terms of any and all such Target Group Hedges, including any amounts the Target Group is obligated
to pay upon the settlement, liquidation or termination of the same.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>HG Energy</U>&rdquo;
means HG Energy, LLC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>HG II Appalachia</U>&rdquo;
is defined in the Recitals.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>HG II Midstream</U>&rdquo;
is defined in the Recitals.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>HG II Midstream
Holdings</U>&rdquo; is defined in the Preamble.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>HG II Midstream
Holdings Interests</U>&rdquo; is defined in the Preamble.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>HG II Production</U>&rdquo;
is defined in the Preamble.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>HG II Production
Interests</U>&rdquo; is defined in the Recitals.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>HG Marks</U>&rdquo;
is defined in <U>Section&nbsp;9.11</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Holdback</U>&rdquo;
is defined in <U>Section&nbsp;2.7(i)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>HSR Act</U>&rdquo;
means the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and the rules&nbsp;and regulations promulgated thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Hydrocarbons</U>&rdquo;
means oil, gas, minerals, and other gaseous and liquid hydrocarbons (including condensate) produced or processed in association therewith
(whether or not such item is in liquid or gaseous form), or any combination of the foregoing, and any minerals produced from and attributable
to the Oil&nbsp;&amp; Gas Assets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Imbalance</U>&rdquo;
means, as applicable (a)&nbsp;any imbalance at the wellhead between (i)&nbsp;the amount of Hydrocarbons produced from a Well and allocable
to the interests of the Target Group therein and (ii)&nbsp;the shares of production from the relevant Well to which the Target Group is
entitled, or (b)&nbsp;any marketing imbalance between (i)&nbsp;the quantity of Hydrocarbons attributable to the Oil&nbsp;&amp; Gas Assets
required to be delivered by the Target Group under any Contract relating to the purchase and sale, gathering, transportation, storage,
processing (including any production handling and processing at a separation facility) or marketing of Hydrocarbons and (ii)&nbsp;the
quantity of Hydrocarbons attributable to the Oil&nbsp;&amp; Gas Assets actually delivered by the Target Group pursuant to the relevant
Contract.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Income Taxes</U>&rdquo;
means (a)&nbsp;all Taxes based upon, measured by, or calculated with respect to gross or net income, gross or net receipts or profits
(including franchise Taxes and any capital gains, alternative minimum, and net worth Taxes, but excluding ad valorem, property, excise,
severance, production, sales, use, real or personal property transfer or other similar Taxes), (b)&nbsp;Taxes based upon, measured by,
or calculated with respect to multiple bases (including corporate franchise, doing business or occupation Taxes) if one or more of the
bases upon which such Tax may be based, measured by or calculated with respect to is included in <U>clause (a)</U>&nbsp;above (but excluding
ad valorem, property, excise, severance, production, sales, use real or personal property transfer or similar Taxes), or (c)&nbsp;withholding
Taxes measured with reference to or as a substitute for any Tax included in <U>clause (a)</U>&nbsp;or <U>(b)</U>&nbsp;above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Indebtedness for
Borrowed Money</U>&rdquo; means (without duplication), (a)&nbsp;all indebtedness of the Target Group for borrowed money or indebtedness
issued or incurred by any member of the Target Group in substitution or exchange for indebtedness for borrowed money, (b)&nbsp;indebtedness
of the type described in the other clauses of this definition that is guaranteed, directly or indirectly, in any manner by such member
of the Target Group or for which such member of the Target Group may be liable, but excluding endorsements of checks and other similar
instruments in the ordinary course of business, (c)&nbsp;interest expense accrued but unpaid on or relating to any of such indebtedness
described in the other clauses of this definition, (d)&nbsp;obligations to pay the deferred purchase or acquisition price with respect
to the acquisition of any business, division, property or assets (including any earn out liabilities associated with past acquisitions)
of such Person, in each case excluding, for the avoidance of doubt, any trade payables for raw materials, inventory and supplies, and
calculated, at the maximum amount payable in respect thereof, (e)&nbsp;reimbursement obligations of such Person in respect of drawn letters
of credit or similar instruments issued or accepted by banks and other financial institutions for the account of such Person, (f)&nbsp;obligations
under a lease to the extent such obligations are required to be classified and accounted for as a capital lease on a balance sheet of
such Person under GAAP, and (g)&nbsp;indebtedness evidenced by any note, bond, debenture or other debt security. To the extent any Indebtedness
for Borrowed Money will be retired or discharged at the Closing, &ldquo;<U>Indebtedness for Borrowed Money</U>&rdquo; shall also include
any and all amounts necessary and sufficient to retire such indebtedness, including principal (including the current portion thereof)
and/or scheduled payments, accrued interest or finance charges, and other fees, penalties or payments (prepayment or otherwise) necessary
and sufficient to retire such Indebtedness for Borrowed Money at Closing. For the avoidance of doubt, in no event shall any Credit Support
provided by a member of the Target Group constitute Indebtedness for Borrowed Money.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Independent Environmental
Review</U>&rdquo; is defined in <U>Section&nbsp;4.1</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Independent Title
Review</U>&rdquo; is defined in <U>Section&nbsp;3.1(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Intellectual Property</U>&rdquo;
means trademarks, service marks, trade names, patents, copyrights, internet domain names, trade secrets and other proprietary information,
and any registrations or applications for registration for any of the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Interest Reduction</U>&rdquo;
is defined in the definition of Permitted Encumbrances.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Interim Financial
Statements</U>&rdquo; is defined in <U>Section&nbsp;7.10(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>IRS</U>&rdquo; is
defined in <U>Section&nbsp;2.8</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Kirkland</U>&rdquo;
is defined in <U>Section&nbsp;14.12</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Knowledge</U>&rdquo;
means all facts or other matters actually known by those individuals specified in <U>clause (a)</U>&nbsp;or <U>(b)</U>&nbsp;below, as
the case may be, as of the Execution Date, without independent investigation (and shall in no event encompass constructive, imputed or
similar concepts of knowledge): (a)&nbsp;in the case of Seller or the Companies, Jared Hall, Ed Haas, Matt Lupardus, Matt McGuire and
Ryan Robinson, and (b)&nbsp;in the case of Buyer, Brendan Krueger, Patrick Ash, Spencer Booth and Jeremy Jones.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Laws</U>&rdquo;
means all federal, state and local statutes, laws, rules, regulations, codes, orders, ordinances, licenses, writs, injunctions, judgments,
subpoenas, awards and decrees and other legally enforceable requirements enacted, adopted, issued or promulgated by any Governmental Authority.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Leakage</U>&rdquo;
means any of the following, without duplication, made by the Companies or Company Subsidiaries to the extent occurring during the period
after the Effective Time and prior to Closing, but excluding any Permitted Leakage: (a)&nbsp;any dividend, interest on capital, advance
or distribution of profits or assets (whether in cash or in kind) declared, paid or made (whether actual or deemed), or any return of
capital (whether by reduction of capital or redemption, amortization or purchase of shares or quotas) or other payment made on any Target
Interests or securities of the Company, by a Company or Company Subsidiary to Seller or any other Person (other than another member of
the Target Group) in respect of any share capital, loan capital or other Securities of a Company or Company Subsidiary; (b)&nbsp;any payments
made or agreed to be made by a Company or Company Subsidiary to Seller or any of its Affiliates (other than another member of the Target
Group) in respect of any share capital, loan capital or other Securities of a Company or Company Subsidiary being issued, redeemed, purchased
or repaid, or any other return of capital; (c)&nbsp;any interest payments, payments of principal amounts or other payments attributable
to Indebtedness for Borrowed Money for which the principal balance was incurred by the Target Group prior to the Effective Time; (d)&nbsp;any
liabilities assumed, indemnified, guaranteed, incurred or paid by a Company or Company Subsidiary for the benefit of or on behalf of Seller
or any of its Affiliates (other than another member of the Target Group); (e)&nbsp;the costs and expenses incurred by a Company or Company
Subsidiary to cure, correct or remediate any Title Defects or Environmental Defects asserted by Buyer pursuant to this Agreement; (f)&nbsp;any
waiver, forgiveness or release by any Company or Company Subsidiary of any amount owed to it by (or right or any claim against) Seller
or any of its Affiliates (other than another member of the Target Group); (g)&nbsp;any general or administrative costs, overhead costs,
management costs, fees or expenses or similar amounts that are paid or payable to any Seller or any Affiliate of Seller (other than a
member of the Target Group), or to HG Energy pursuant to the MSA, in each case, to the extent such amounts are not &ldquo;Permitted Leakage&rdquo;;
(h)&nbsp;any sale, transfer or surrender of any assets or rights from Seller or any other Affiliate of Seller (other than the Company)
to the Company to the extent the value of such sale, transfer or surrender of assets or rights is in excess of their fair market value
(and in such case, only the excess above fair market value shall be &ldquo;Leakage&rdquo;), (i)&nbsp;any payment of Transaction Expenses;
and (j)&nbsp;any agreement or arrangement entered into by a Company or Company Subsidiary to give effect to any matter referred to in
<U>clauses (a)</U>&nbsp;through <U>(i)</U>&nbsp;above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Leases</U>&rdquo;
means all of the Target Group&rsquo;s right, title and interest in and to&nbsp;all oil, gas and/or mineral leases and subleases (including
all leasehold interests, sublease interests, farmout interests, Royalties and other types of interests of any kind of character in Hydrocarbons
other than Fee Minerals), including those Leases set forth on <U>Annex&nbsp;A-1</U>, and including all renewals, extensions, modifications
and amendments thereof, together with any and all other right title and interest of Seller in and to the leasehold estates created thereby,
and any rights to acquire any of the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Legacy Antero Lease</U>&rdquo;
is defined in <U>Section&nbsp;3.1(i)(ii)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Lien</U>&rdquo;
means any mortgage, deed of trust, lien, charge, collateral assignment, security interest, pledge or other similar encumbrance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Losses</U>&rdquo;
means all losses, costs, liabilities, obligations, expenses, fines, penalties, interest, payments, charges, expenditures, claims, assessments,
fees, awards, settlements, judgments, damages, reasonable and documented out-of-pocket attorneys&rsquo; fees and reasonable out-of-pocket
expenses of investigating, defending and prosecuting litigation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Lowest Cost Response</U>&rdquo;
means the response required or allowed under Environmental Laws in effect on the Claim Deadline that cures, remediates, addresses, resolves,
removes or remedies (for current and future use in the same manner as currently used) the identified Environmental Condition in the lowest
cost manner as compared to any other response that is required or allowed under Environmental Laws or by a Governmental Authority with
jurisdiction under Environmental Laws. The Lowest Cost Response may include taking no action, leaving the condition unaddressed, periodic
monitoring or the recording of notices in lieu of remediation, in each case, if such responses are allowed under Environmental Laws or
by any Governmental Authority with jurisdiction. The Lowest Cost Response shall not include (a)&nbsp;the costs of Buyer or any of its
Affiliate&rsquo;s employees, project manager(s)&nbsp;or attorneys; (b)&nbsp;expenses for matters that are costs of doing business (<I>e.g.</I>,
those costs that would ordinarily be incurred in the day-to-day operations of the Oil&nbsp;&amp; Gas Assets, or in connection with permit
renewal/administrative amendment activities); (c)&nbsp;overhead costs of Buyer or its Affiliates; (d)&nbsp;costs and expenses that would
not have been required under Environmental Laws as they exist on the Claim Deadline; (e)&nbsp;costs or expenses to the extent incurred
in connection with remedial or corrective action that is designed to achieve standards that fail to reasonably take advantage of applicable
risk reduction or risk assessment principles that are appropriate and allowed under applicable Environmental Laws or by any Governmental
Authority with jurisdiction; or (f)&nbsp;any costs or expenses relating to any obligations to plug, abandon or decommission wells located
on or comprising part of the Oil&nbsp;&amp; Gas Assets or the assessment, remediation, removal, abatement, transportation, disposal, or
any other corrective actions of any NORM or asbestos that may be present in or on the Oil&nbsp;&amp; Gas Assets, except with respect to
NORM or asbestos, as may be required to completely address a current violation of Environmental Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Management Side
Letter</U>&rdquo; means the Management Side Letter in substantially the form attached to this Agreement as <U>Exhibit&nbsp;J</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Marcellus Formation</U>&rdquo;
means (a)&nbsp;in southwest Pennsylvania (Mercer, Lawrence, Butler, Beaver, Allegheny, Washington and Greene Counties in Pennsylvania
and Hancock, Brooke, Ohio, Marshall, Wetzel and Monongalia Counties in West Virginia), specifically from the stratigraphic equivalent
of the top of the Burkett in the GH 10C CV (API 37 059 25397) at 7,580&rsquo; MD through to the stratigraphic equivalent of the top of
the Onondaga at 7,892&rsquo; MD and illustrated in the log attached as <U>Exhibit&nbsp;G</U>; (b)&nbsp;in north West Virginia (Marion,
Preston, Taylor, Tucker, Grant and Barbour Counties in West Virginia), specifically from the stratigraphic equivalent of the top of the
Burket in the DEPI #14815 (API 47-001-02850) at 7,350&rsquo; MD through to the stratigraphic equivalent of the top of the Onondaga at
7,710&rsquo; MD and illustrated in the log attached as <U>Exhibit&nbsp;G</U>; (c)&nbsp;in north West Virginia (Upshur, Randolph, Webster,
Lewis, Harrison and Doddridge Counties in West Virginia), specifically from the stratigraphic equivalent of the top of the Burket in the
CENT3A (47-097-03847) at 7,272&rsquo; MD through to the stratigraphic equivalent of the top of the Onondaga at 7,569&rsquo; MD and illustrated
in the log attached as <U>Exhibit&nbsp;G</U>; and (d)&nbsp;in western West Virginia (Tyler, Pleasants, Wood, Wirt, Ritchie, Calhoun, Roane,
Jackson, Gilmer, Braxton, Clay and Nicholas Counties in West Virginia), specifically from the equivalent of the top of the Burket in the
PENS1C (47-08510011) at 6,270&rsquo; MD through to the stratigraphic equivalent of the top of the Onondaga at 6,380&rsquo; MD and illustrated
in the log attached as <U>Exhibit&nbsp;G</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Material Adverse
Effect</U>&rdquo; means any change, effect, event, result, condition, fact or occurrence (for the purposes of this definition, each, an
 &ldquo;<U>event</U>&rdquo;) (whether foreseeable or not and whether covered by insurance or not) that, individually or in the aggregate,
has had or would reasonably expected to have a material adverse effect on (x)&nbsp;the ownership, operation or financial condition of
the Oil&nbsp;&amp; Gas Assets or the Target Group, taken as a whole, or (y)&nbsp;the performance of a Seller or the Target Group&rsquo;s
obligations and covenants hereunder that are to be performed at Closing; <I>provided</I>, <I>however</I>, that none of the following will
be deemed to constitute a Material Adverse Effect, or will be considered in determining whether a Material Adverse Effect has occurred:
(a)&nbsp;any adverse event (whether short-term or long-term) arising from or relating to (i)&nbsp;changes that are the result of factors
generally affecting the industries or markets in which the Target Group operates; (ii)&nbsp;any adverse event arising out of the announcement
(intentional or otherwise) of the transactions contemplated by this Agreement; (iii)&nbsp;changes in Law (or the promulgation of any new
Law or legal restriction by a Governmental Authority) or changes in GAAP, or changes in the interpretation of Law or GAAP, in each case,
on or following the Execution Date; (iv)&nbsp;any failure of the Companies or the Company Subsidiaries to achieve any periodic earnings,
revenue, expense, sales or other estimated projection, forecast or budget prior to the Closing; (v)&nbsp;events that are the result of
economic factors affecting the national, regional or world economy or financial markets; (vi)&nbsp;any event in the financial, banking
or securities markets; (vii)&nbsp;any earthquake, hurricane, tsunami, tornado, flood, mudslide, wildfire, or other natural disaster or
act of god, and other force majeure event; (viii)&nbsp;any national or international political or social conditions in any jurisdiction
in which the Target Group conducts business; (ix)&nbsp;the engagement by the United States in hostilities or the escalation thereof, whether
or not pursuant to the declaration of a national emergency or war, or the occurrence or the escalation of any military or terrorist attack
upon the United States, or any United States territories, possessions or diplomatic or consular offices or upon any United States military
installation, equipment or personnel; (x)&nbsp;any consequences arising from any action by a Party expressly required or expressly permitted
by this Agreement; (xi)&nbsp;changes in prices for oil and gas or other commodities, goods, or services; (xii)&nbsp;the availability,
liquidity or costs of Hedge Contracts; (xiii)&nbsp;Casualty Loss or any reclassification or recalculation of reserves in the ordinary
course of business; (xiv)&nbsp;natural declines in well performance; (xv)&nbsp;the outbreak or continuation of or any escalation or worsening
of any epidemic, pandemic or disease, or any Law, directive, pronouncement or guideline issued by a Governmental Authority, the Centers
for Disease Control and Prevention, the World Health Organization or industry group providing for business closures, &ldquo;sheltering-in-place&rdquo;
or other restrictions that relate to, or arise out of, an epidemic, pandemic or disease outbreak; (xvi)&nbsp;any consequences arising
from any action taken (or omitted to be taken) by Seller or the Target Group at the written request of or with the written consent of
Buyer or its Affiliates after the Execution Date; (xvii)&nbsp;any matters set forth in the Schedules as of the Execution Date; or (xviii)&nbsp;any
shutdown or other closure of any Governmental Authority; and (b)&nbsp;any adverse event on the business of any member of the Target Group
that is cured before the earlier of (i)&nbsp;the Closing Date and (ii)&nbsp;the date on which this Agreement is terminated pursuant to
<U>Section&nbsp;13.1</U>, except in the case of foregoing <U>clauses (a)(iii)</U>, <U>(a)(viii)</U>, and <U>(a)(ix)</U>, to the extent
such event, change or circumstance has had a materially and disproportionately adverse impact on the Target Group and its assets compared
to other participants engaged in the industry and region in which its assets are located.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Material Contract</U>&rdquo;
is defined in <U>Section&nbsp;7.13(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Material Permits</U>&rdquo;
is defined in <U>Section&nbsp;7.15</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Membership Interests</U>&rdquo;
means, with respect to a Person, the membership interests, limited liability company interests, other equity interests, rights to profits
or revenue and any other similar interest, and any Security or other interest convertible into the foregoing, or any right (contingent
or otherwise) to acquire any of the foregoing, of such Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>MSA</U>&rdquo; means
the Amended and Restated Management Services Agreement, dated as of May&nbsp;16, 2024, by and among Seller and HG Energy, as it may be
amended, restated or supplemented from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Net Mineral Acre</U>&rdquo;
means (a)&nbsp;as calculated separately with respect to each Unpooled Interest shown on <U>Part&nbsp;2</U> of <U>Annex A-1</U> that is
a Lease (rather than a Fee Mineral) as to the Target Formation, the product of (i)&nbsp;the number of gross acres of land covered by such
Unpooled Interest as to such Target Formation, <U>multiplied by</U> (ii)&nbsp;the lessor&rsquo;s undivided interest in the lands covered
by such Lease as to such Target Formation, <U>multiplied by</U> (iii)&nbsp;Target Group&rsquo;s aggregate Working Interest in such Lease
(<I>provided</I>, <I>however</I>, if items (a)(ii)&nbsp;and (iii)&nbsp;of this definition vary as to different tracts, parcels, areas
or depths burdened by such Lease as to any Target Formation or within a Target Formation, a separate calculation shall be performed with
respect to each such tract, parcel, area or depth), and (b)&nbsp;as calculated with respect to each Unpooled Interest shown on <U>Part&nbsp;2</U>
of <U>Annex A-1</U> that is a Fee Mineral (rather than a Lease) as to the Target Formation, the product of (i)&nbsp;the number of gross
acres of land covered by such Fee Mineral as to such Target Formation, <U>multiplied by</U> (ii)&nbsp;Target Group&rsquo;s undivided fee
simple mineral interest in the lands covered by such Fee Mineral as to such Target Formation (<I>provided</I>, <I>however</I>, if item
(b)(ii)&nbsp;of this definition varies as to different tracts, parcels, areas or depths covered by such Fee Mineral as to any Target Formation
or within a Target Formation, a separate calculation shall be performed with respect to each such tract, parcel, area or depth).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Net Revenue Interest</U>&rdquo;
means, with respect to the Target Formation for each Lease, Fee Mineral, Well or DSU, an interest (expressed as a percentage or decimal
fraction) in and to all oil, gas and other Hydrocarbons produced, saved and sold from or allocated to such Target Formation for such Lease,
Fee Mineral, Well or DSU, as applicable (subject to any reservations, limitations or depth restrictions described on <U>Annex A-1</U>,
<U>Annex A-2</U> or <U>Annex A-3</U>), net of Royalties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>NORM</U>&rdquo;
is defined in <U>Section&nbsp;14.11(d)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Notice</U>&rdquo;
is defined in <U>Section&nbsp;14.1(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Novation Agreement</U>&rdquo;
means, collectively, each novation agreement by and among each Target Group Hedge Counterparty, any third party hedge counterparty designated
by Buyer, as applicable, the applicable member of the Target Group and/or Buyer or one of its Affiliates, as applicable, pursuant to which
the Target Group Hedges are novated pursuant to <U>Section&nbsp;9.13</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Oil&nbsp;&amp; Gas
Assets</U>&rdquo; means, without duplication, all of the Target Group&rsquo;s owned or leased assets or properties, including the following,
and in each case, except to the extent constituting Retained Assets:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;all Leases and Fee
Minerals held by the Target Group, and all right, title and interest of the Target Group attributable or allocable thereby by virtue of
any and all pooling, unitization, communitization and operating agreements, including the Leases and Fee Minerals set forth on <U>Annex
A-1</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;all Wells of the
Target Group, including the Wells set forth on <U>Annex A-2</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;all rights and interests
in, under or derived from all unitization and pooling agreements, declarations and orders in effect with respect to any of the Leases,
Fee Minerals, Wells and the units created thereby, including DSUs described on <U>Annex A-3</U> (the oil and gas assets as described in
<U>clauses (a)</U>, <U>(b)</U>&nbsp;and <U>(c)</U>&nbsp;respectively, collectively, the &ldquo;<U>Oil&nbsp;&amp; Gas Interests</U>&rdquo;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;all of the Target
Group&rsquo;s right, title and interest in and to (i)&nbsp;all related rights and interests in the lands covered by or subject to the
Oil&nbsp;&amp; Gas Interests and any lands pooled or unitized therewith and all Royalties applicable to the Oil&nbsp;&amp; Gas Interests
and (ii)&nbsp;all rights with respect to the use and occupancy of the surface and subsurface depths under such lands;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;all of the Target
Group&rsquo;s right, title and interest in and to all real and personal property located in or upon such lands or used in connection with
the exploration, development or operation of, or the transportation, storage or disposal of Hydrocarbons or water from, the other Oil&nbsp;&amp;
Gas Assets;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(f)&nbsp;all Contracts related
to the Oil&nbsp;&amp; Gas Assets;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(g)&nbsp;all Equipment;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(h)&nbsp;the Gathering Systems;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(i)&nbsp;all permits, licenses,
allowances, water rights, registrations, servitudes, easements, rights-of-way, surface leases, crossing agreements, surface fee interests
and other surface rights and interests held by the Target Group that are appurtenant to or used or held for use in connection with the
ownership, exploration, development, operation, production, gathering, treatment, processing, storing, sale or disposal of, or the transportation
of Hydrocarbons or water from, the Oil&nbsp;&amp; Gas Interests or the Gathering Systems (the &ldquo;<U>Surface Rights and Rights-of-Way</U>&rdquo;),
including the Surface Rights and Rights-of-Way set forth <U>Annex A-4</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(j)&nbsp;the Hydrocarbons
produced from the Oil&nbsp;&amp; Gas Interests or allocated thereto from and after the Effective Time; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(k)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
other assets and properties of every kind, nature, character and description (whether real, personal or mixed, whether tangible or intangible
and wherever situated), including the goodwill related thereto, all of the Target Group&rsquo;s bank accounts, receivables and Cash and
Cash Equivalents, as well as all credits, rebates and refunds.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Oil&nbsp;&amp; Gas
Interests</U>&rdquo; is defined in the definition of Oil&nbsp;&amp; Gas Assets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<U>Order</U>&rdquo;
means any order, judgment, injunction, edict, decree, ruling, assessment, stipulation, </FONT>pronouncement, determination, decision,
opinion, verdict, sentence, subpoena, writ or award issued, made, entered, rendered, or otherwise put into effect by or under the authority
of any court or other Governmental Authority or any arbitrator or arbitration panel.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Outside Date</U>&rdquo;
means the date which is thirty (30) days following the Scheduled Closing Date; <I>provided</I>, that if, as of thirty (30) days after
the Scheduled Closing Date, all of the conditions to Closing set forth in <U>Article&nbsp;XII</U> are satisfied or waived (other than
those conditions that are incapable of being satisfied until Closing) other than the condition to Closing set forth in <U>Section&nbsp;12.1(b)</U>&nbsp;(if
applicable), then the Outside Date shall be extended automatically (and without the consent of the Parties) until the date that is ninety
(90) days following such initial Outside Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Party</U>&rdquo;
and &ldquo;<U>Parties</U>&rdquo; are each defined in the Preamble.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Party Affiliate</U>&rdquo;
is defined in <U>Section&nbsp;14.10</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Payoff Amount</U>&rdquo;
is defined in <U>Section&nbsp;2.11(b)(ii)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Payoff Letters</U>&rdquo;
is defined in <U>Section&nbsp;2.11(b)(ii)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>PC Statement Purchase
Price</U>&rdquo; is defined in <U>Section&nbsp;2.7(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Pennsylvania Unconventional
Gas Well Fees</U>&rdquo; means any unconventional gas well fees imposed under Chapter 23 of Title 58 of the Pennsylvania Consolidated
Statutes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Permit</U>&rdquo;
means all of the Target Group&rsquo;s right, title and interest in and to any license, authorization, franchise, permit (including conditional
use permits), designation, plan, certificate, approval, registration, or similar authorization required to own or operate the Oil&nbsp;&amp;
Gas Assets (in each case) from or with a Governmental Authority, other than the Leases.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Permitted Encumbrances</U>&rdquo;
means:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;lessor&rsquo;s
royalties, non-participating royalties, overriding royalties, production payments, carried interests, back-in interests, reversionary
interests and other Royalties or similar burdens upon, measured by, or payable out of production which do not individually or in the aggregate
(i)&nbsp;reduce the Target Group&rsquo;s Net Revenue Interest with respect to a Target Formation of an Unpooled Interest, Well or DSU,
as applicable, below the amount shown for such Target Formation on <U>Part&nbsp;2</U> of <U>Annex A-1</U> for such Unpooled Interest,
on <U>Annex&nbsp;A-2</U> for such Well, or on <U>Annex A-3</U> for such DSU, as applicable, (ii)&nbsp;increase the Target Group&rsquo;s
Working Interest with respect to a Target Formation of an Unpooled Interest that is a Lease, a Well or a DSU, as applicable, above the
amount shown for such Target Formation on <U>Part&nbsp;2</U> of <U>Annex A-1</U> for such Lease, on <U>Annex&nbsp;A-2</U> for such Well,
or on <U>Annex A-3</U> for such DSU, as applicable, without at least a proportionate increase to the Target Group&rsquo;s Net Revenue
Interest for such Lease, Well or DSU, as applicable, or (iii)&nbsp;reduce the Target Group&rsquo;s Net Mineral Acres with respect to the
Target Formation of an Unpooled Interest below the amount shown on <U>Part&nbsp;2</U> of <U>Annex A-1,</U> other than, with respect to
any Unpooled Interest that is a Lease, any reduction in Net Acres solely based on a reduction in Working Interest for such Lease (each,
of (i), (ii)&nbsp;and (iii), an &ldquo;<U>Interest Reduction</U>&rdquo;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;(i)&nbsp;Preferential
Rights and required Third Party Consents to assignment and similar agreements to the extent set forth on <U>Schedule 7.6</U>; (ii)&nbsp;preferential
rights to purchase and required Third Party consents to assignments and similar agreements pertaining to the transfer or assignment of
the Oil&nbsp;&amp; Gas Assets, except to the extent that any prior breach or such provision has actually resulted in an Interest Reduction;
and (iii)&nbsp;all Customary Post-Closing Consents;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;liens for
Taxes, assessments or other governmental charges which are not yet due or delinquent or, if delinquent, which are being contested in good
faith by appropriate Proceedings and are set forth on <U>Schedule 1.1(a)</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&nbsp;all Surface
Rights and Rights-of-Way, and any other rights in respect of surface operations on or over any of the Oil&nbsp;&amp; Gas Assets that do
not materially interfere with the operation or use of the Oil&nbsp;&amp; Gas Assets as currently operated and used by the Target Group;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(e)&nbsp;rights
of a common owner of any interest currently held by any member of the Target Group and such common owner as tenants in common or through
common ownership, except to the extent that the same materially impairs the use or operation of the Oil&nbsp;&amp; Gas Assets as currently
used and operated by the Target Group or results in an Interest Reduction;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(f)&nbsp;(i)&nbsp;Liens
created under any Lease, Surface Rights and Rights-of-Way, operating agreement, unitization or pooling orders or agreements, production
sales contracts or any similar agreement, or by operation of Law, in each case, relating to obligations not yet due or pursuant to which
the Target Group is not in default; and (ii)&nbsp;materialmen&rsquo;s, mechanics&rsquo;, repairmen&rsquo;s, or other similar liens or
charges arising by Law or under a Contract, in each case, that do not materially interfere with the operation or use of the Oil&nbsp;&amp;
Gas Assets as currently operated and used by the Target Group or result in an Interest Reduction, and, in each case, relating to obligations
not yet due or pursuant to which the Target Group is not in default;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(g)&nbsp;the terms
and provisions of Leases, Fee Minerals and Contracts (including any &ldquo;free gas&rdquo; arrangements and, with respect to any Unpooled
Interest, the lack of an express pooling provision in any oil and gas leases covering such Unpooled Interest under the Leases), as well
as the terms and provisions of all assignments and conveyances or other instruments constituting chain of title of any of the Oil&nbsp;&amp;
Gas Assets to Seller or the Target Group, in each case, except to the extent that the same materially impairs the use or operation of
the Oil&nbsp;&amp; Gas Assets as currently used and operated by the Target Group or results in an Interest Reduction; provided, however,
that <U>Schedule 1.1(a)&nbsp;</U>shall set forth any circumstances where any landowners is utilizing any &ldquo;free gas&rdquo; rights
as of the Execution Date;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(h)&nbsp;such Title
Defects as Buyer may have expressly waived or is deemed to have waived pursuant to the express terms of this Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;all Liens
that are released in full at or prior to Closing at Seller&rsquo;s cost;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(j)&nbsp;except
to the extent triggered on or prior to the Claim Deadline, conventional rights of reassignment obligating the Target Group to reassign
its interest in any portion of the Leases to a Third Party;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(k)&nbsp;defects
in the chain of title arising from the failure to recite marital status, omissions of successors or heirship, or the lack of probate proceedings
and defects arising out of lack of corporate or other entity authorization;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(l)&nbsp;applicable
Laws, Orders and Permits, and all rights reserved to or vested in any Governmental Authority (i)&nbsp;to control or regulate any Oil&nbsp;&amp;
Gas Asset in any manner (excluding eminent domain or condemnation), (ii)&nbsp;by the terms of any right, power, franchise, grant, license
or permit, or by any provision of Law, to terminate such right, power, franchise, grant, license or permit or to purchase, or recapture
or to designate a purchaser of any of the Oil&nbsp;&amp; Gas Assets, (iii)&nbsp;to use such property in a manner which does not materially
impair the use of such property for the purposes for which it is currently owned and operated, and (iv)&nbsp;to enforce any obligations
or duties affecting the Oil&nbsp;&amp; Gas Assets to any Governmental Authority, with respect to any franchise, grant, license or permit,
in each case, except to the extent that the same materially impairs the use or operation of the Oil&nbsp;&amp; Gas Assets as currently
used and operated or has actually resulted in an Interest Reduction;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(m)&nbsp;zoning
and planning ordinances and municipal regulations in each case, except to the extent that the same materially impairs the use or operation
of the Oil&nbsp;&amp; Gas Assets as currently used and operated or has actually resulted in an Interest Reduction;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(n)&nbsp;the matters
set forth on <U>Schedule&nbsp;7.8</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(o)&nbsp;any matter
specifically referenced on <U>Annex A-1</U>, <U>Annex A-2</U>, <U>Annex A-3</U> or on <U>Schedule 1.1(a)</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(p)&nbsp;defects
based on failure to record Leases issued by any local, state or federal Governmental Authority, or any assignment of such Leases, in the
real property, conveyance or other records of the county in which such property is located, as long as such Leases are recorded with the
proper Governmental Authority;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(q)&nbsp;defects
or irregularities that have been cured by possession under any applicable statutes of limitation for adverse possession or for prescription
or under marketable title or similar Laws or standards or the doctrine of laches, or that have existed for more than twenty (20) years
and Buyer has not provided affirmative evidence showing that another Person has asserted a superior claim of title to the Oil&nbsp;&amp;
Gas Assets;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(r)&nbsp;defects
or depth severances that pertain to any formation other than the Target Formation;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(s)&nbsp;immaterial
defects or irregularities resulting from or related to probate proceedings, which defects or irregularities have been outstanding for
ten (10)&nbsp;years or more and has not resulted in an Interest Reduction;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(t)&nbsp;defects
arising from prior oil and gas leases, Liens, production payments or mortgages relating to lands covered by any Leases that are not released
of record and that have expired on the face of the terms of such instrument or the enforcement of which are barred by applicable statute
of limitations;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(u)&nbsp;failure
to obtain waivers of any maintenance of uniform interest provision under any joint operating agreement with respect to assignments in
any Target Group member&rsquo;s chain of title to the Oil&nbsp;&amp; Gas Asset unless there is an outstanding and pending, unresolved
claim from a Third Party with respect to the failure to obtains such waiver;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(v)&nbsp;defects
based solely on (i)&nbsp;lack of information in Seller&rsquo;s or the Target Group&rsquo;s files, lack of Third Party records, or the
unavailability of production history information from regulatory agencies or any Governmental Authority, or (ii)&nbsp;an unrecorded document
for which Buyer has constructive or inquiry notice by virtue of a reference to such unrecorded document in a recorded document (or a reference
to a further unrecorded document in such unrecorded document), if no claim has been made under such unrecorded documents within the last
twenty (20) years;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(w)&nbsp;defects
arising out of lack of a survey or lack of metes and bounds descriptions, unless a survey or metes and bounds description is expressly
required by Law;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(x)&nbsp;defects
arising from any change in applicable Law after the Execution Date;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(y)&nbsp;Imbalances;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(z)&nbsp;defects
that affect only which royalty owner has the right to receive royalty payments rather than the amount or the proper payment of such royalty
payment; <I>provided</I> that any resulting failure to pay does not result in termination of, or the present right of the proper royalty
owner to terminate, the applicable underlying Lease;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(aa) defects based
on a gap in the chain of title in the applicable county records, unless such gap is affirmatively shown to exist in such records by an
abstract of title, title opinion or landman&rsquo;s chain or run sheet which documents shall be included in Title Defect Notice and that
may reasonably result in another Person&rsquo;s actual and superior claim of title to the relevant Oil&nbsp;&amp; Gas Asset;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(bb) defects resulting
from or based on a Permitted Gap in Production;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(cc) Liens created
under deeds of trust, mortgages and similar instruments by the lessor under a Lease covering the lessor&rsquo;s or landowner&rsquo;s surface
and mineral interests in the land covered thereby (i)&nbsp;if there are any Oil&nbsp;&amp; Gas Assets located on the surface of such property,
only where there is a subordination of such Lien to the Lease or other Oil&nbsp;&amp; Gas Asset or (ii)&nbsp;if there are no Oil&nbsp;&amp;
Gas Assets located on the surface of such property, only where there is not, as of the Claim Deadline, a foreclosure or other enforcement
proceeding by the holder of such Lien and to Seller&rsquo;s Knowledge no such proceeding is threatened;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(dd) permits, easements,
pooling agreements or authorizations, unit designations, or production or drilling units not yet obtained, formed, or created, so long
as the same are not required by Law in connection with the ownership or operation of the Oil&nbsp;&amp; Gas Assets as currently owned
and operated, but with respect to any Well, only to the extent that such Well has been properly permitted by the applicable Governmental
Authority or otherwise pooled in a manner that does not violate the express terms of any applicable Lease contributing thereto; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ee) any limitations
(including drilling and operating limitations) imposed on the Oil&nbsp;&amp; Gas Assets by reason of the rights of subsurface owners or
operators in a common property (including the rights of coal and timber owners), in each case, to the extent that such limitations do
not, individually or collectively, prevent or materially impair the operation or use of the Oil&nbsp;&amp; Gas Assets subject thereto
as currently operated and used by the Target Group or result in an Interest Reduction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Permitted Gap in
Production</U>&rdquo; means a gap in production, with respect to a Well, where one of the following applies, and there is no evidence
that lessors, other interest owners or any other Third Party under the applicable Lease have contested the lack of production:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;unless
the lack of production is permitted under the terms of the applicable Lease covering such Oil&nbsp;&amp; Gas Asset (including because
of force majeure or by operation of shut-in royalty or storage payment clauses), the Well(s)&nbsp;located on a Lease covering the Oil&nbsp;&amp;
Gas Asset or lands pooled or unitized therewith have produced (in the aggregate) in paying quantities determined on an annual basis during
the prior five (5)&nbsp;years (or such shorter period of time since such Well(s)&nbsp;commenced production);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;the lack
of production is permitted under the terms of the applicable Lease covering such Oil&nbsp;&amp; Gas Asset (including because of force
majeure or by operation of shut-in royalty or storage payment clauses) if Seller can establish that all necessary shut-in payments under
the terms of the applicable Lease covering such Oil&nbsp;&amp; Gas Asset were properly tendered; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;Seller
can establish, by affidavit of a qualified, reputable, independent certified public accountant (or comparable evidence reasonably satisfactory
to Buyer), that a Well or group of Wells located on a Lease or lands pooled or unitized therewith have produced aggregate revenues in
excess of the applicable well operator&rsquo;s aggregate operating expenses for such Well or group of Wells for each twelve (12)-month
period (taking into account any cessation of production that is permitted under the terms of the applicable Lease) during the five (5)&nbsp;years
preceding the Execution Date (or such shorter period of time since such Well(s)&nbsp;commenced production).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Permitted Leakage</U>&rdquo;
means (a)&nbsp;any &ldquo;Operating Expenses&rdquo; that are paid or payable to HG Energy pursuant to the express terms of the MSA, to
the extent attributable to or otherwise allocated to the provision of &ldquo;Services&rdquo; (as defined in the MSA) for the Target Group
or the Oil&nbsp;&amp; Gas Assets (but excluding any markup on such &ldquo;Services&rdquo; as provided in the MSA), (b)&nbsp;without duplication
of the preceding <U>clause (a)</U>, any payments or reimbursements for field labor or other labor costs, in each case, that are direct
charges to the joint account under applicable operating agreements, to the extent attributable to the Target Group&rsquo;s interest in
the Oil&nbsp;&amp; Gas Assets, (c)&nbsp;any payments described on <U>Schedule&nbsp;1.1(c)</U>, (d)&nbsp;the amount of all interest payments,
payments of principal amounts or other payments attributable to Indebtedness for Borrowed Money incurred following the Effective Time
and prior to the Closing that are, in each case, made by the Target Group after the Effective Time, and (e)&nbsp;any sale, transfer, dividends
or distributions of or with respect to any Retained Assets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Person</U>&rdquo;
means any individual or entity, including any firm, corporation, limited liability company, partnership (general or limited), joint venture,
association, joint stock company, trust, estate, unincorporated organization or Governmental Authority.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Phase I Environmental
Site Assessment</U>&rdquo; is defined in <U>Section&nbsp;4.2</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Post-Closing Statement</U>&rdquo;
is defined in <U>Section&nbsp;2.7(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Post-Effective Time
Tax Period</U>&rdquo; means any taxable period beginning at or after the Effective Time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Preferential Rights</U>&rdquo;
means any preferential rights to purchase, rights of first refusal or other similar rights that are applicable to the transfer of the
Target Interests to Buyer or otherwise in connection with the execution or delivery of this Agreement or the consummation of the transactions
contemplated by this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Pre-Effective Time
Tax Period</U>&rdquo; means any taxable period ending before the Effective Time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Pre-Effective Time
Tax Return</U>&rdquo; is defined in <U>Section&nbsp;11.2</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Proceeding</U>&rdquo;
means any threatened, pending or completed action, suit or proceeding, arbitration, audit, hearing, investigation or litigation, whether
civil, criminal, administrative, arbitrative or investigative, or any appeal thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Property Costs</U>&rdquo;
means all operating and development expenses and capital expenditures incurred in the ordinary course of business attributable to the
use, maintenance, operation and ownership of the Oil&nbsp;&amp; Gas Assets, including, without duplication, (a)&nbsp;overhead costs charged
to the Oil&nbsp;&amp; Gas Assets by Third Party operators under the relevant operating agreement or unit agreement (but excluding any
internal overhead, general and administrative costs and employee costs of Seller or any of its Affiliates, or of HG Energy, including
those charges payable to HG Energy under the MSA, in each case, other than amounts that constitute &ldquo;Permitted Leakage&rdquo;); (b)&nbsp;development
costs and expenditures (including, without limitation, costs related to confirming title to, permitting, drilling, completing, fracturing,
testing, deepening, plugging back, side tracking, reworking and operating wells on the Oil&nbsp;&amp; Gas Assets); (c)&nbsp;costs incurred
in connection with ordinary course leasing activities; (d)&nbsp;costs associated with maintaining and operating the Gathering Systems;
(e)&nbsp;costs associated with gathering, transporting, processing and marketing production and other Hydrocarbons from the Oil&nbsp;&amp;
Gas Assets; (f)&nbsp;insurance premiums and bond premiums in respect of insurance policies or Credit Support maintained by or for the
benefit of the Target Group or the Oil&nbsp;&amp; Gas Assets (<I>provided</I> that, if any such insurance policies or Credit Support will
not be maintained by the Target Group on or immediately after the Closing, &ldquo;Property Costs&rdquo; will be limited to the pro rata
portion thereof attributable to periods prior to and including the Closing Date); and (g)&nbsp;any costs and expenses that customarily
appear on a lease operating statement; <I>provided</I>, <I>however</I>, notwithstanding the foregoing, &ldquo;Property Costs&rdquo; shall
not include obligations and liabilities attributable to (i)&nbsp;personal injury or death, property damage, torts, breach of contract
or violation of any Law; (ii)&nbsp;Decommissioning Obligations and any obligations relating to the abandonment or plugging of Wells, dismantling
or decommissioning facilities, closing pits and restoring the surface around such Wells, facilities and pits; (iii)&nbsp;the costs to
cure, correct or remediate any Title Defect or Environmental Defect asserted by Buyer pursuant to this Agreement, (iv)&nbsp;obligations
with respect to any Imbalance associated with the Oil&nbsp;&amp; Gas Assets, (v)&nbsp;obligations to pay Royalties or other interest owners
revenues or proceeds relating to the Oil&nbsp;&amp; Gas Assets, including Suspense Funds; (vi)&nbsp;any Taxes; (vii)&nbsp;any Transaction
Expenses, (viii)&nbsp;any expenses or expenditures incurred in connection with Retained Assets; and (ix)&nbsp;claims for indemnification
or reimbursement from any Third Party with respect to costs of the types described in the preceding <U>clauses (i)</U>&nbsp;through <U>(viii)</U>,
whether such claims are made pursuant to contract or otherwise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Pro Rata Share</U>&rdquo;
means, with respect to (a)&nbsp;AR, 71.79%, and (b)&nbsp;AM, 28.21%.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Purchase Price</U>&rdquo;
is defined in <U>Section&nbsp;2.2</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Quantum Affiliated
Party</U>&rdquo; means Quantum Capital Group or any private equity funds, portfolio companies, parallel investment entities, and alternative
investment entities owned, managed, or Controlled by Quantum Capital Group, in each case, other than Seller, any Controlled Affiliate
of any Seller, any Target Group member or any Controlled Affiliate of any member of the Target Group.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>R&amp;W Insurance
Binder</U>&rdquo; means that certain binder from the R&amp;W Insurer with respect to the R&amp;W Insurance Policy, which is attached hereto
as <U>Exhibit&nbsp;E</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>R&amp;W Insurance
Policy</U>&rdquo; means that certain Buyer-side representation and warranty insurance policy conditionally bound as of the Execution Date
by the R&amp;W Insurer, attached as an exhibit to the R&amp;W Insurance Binder, including with respect to any interim period coverage.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>R&amp;W Insurer</U>&rdquo;
means Euclid Transactional, LLC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Records Period</U>&rdquo;
is defined in <U>Section&nbsp;9.17</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Related Agreements</U>&rdquo;
means, collectively the Escrow Agreement, the Transition Services Agreement, and each other agreement, document, instrument or certificate
contemplated by this Agreement to be executed in connection with the transactions contemplated hereby.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Remaining Disputes</U>&rdquo;
is defined in <U>Section&nbsp;2.7(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Remedy Action</U>&rdquo;
is defined in <U>Section&nbsp;9.12(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Required Consent</U>&rdquo;
means any Consent with respect to which (a)&nbsp;(i)&nbsp;the applicable instrument requires Consent in connection with a change in control
of the Companies (or an indirect change in control of any other member of the Target Group), or the transfer or assignment of the Target
Interests to a Third Party, and such Consent does not contain language providing that such Consent is not to be unreasonably withheld
(or includes words of similar legal effect); and (ii)&nbsp;such Consent is expressly denied in writing by the holder of the Consent; or
(b)&nbsp;the applicable instrument provides that a change in control of the Companies (or an indirect change in control of any other member
of the Target Group), or the transfer or assignment of the Target Interests to a Third Party without obtaining such Consent, (i)&nbsp;is
void or voidable, (ii)&nbsp;triggers the payment of specified liquidated damages, or (iii)&nbsp;causes termination of the Target Interests
to be assigned (or causes termination of an Oil&nbsp;&amp; Gas Asset held by the applicable member of the Target Group). For the avoidance
of doubt, &ldquo;Required Consent&rdquo; does not include (x)&nbsp;Customary Post-Closing Consents or (y)&nbsp;Consents that, by their
own terms, cannot be unreasonably withheld (or includes words of similar legal effect) (unless such Consent implicates clauses (b)(i)-(iii)&nbsp;above).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Required Governmental
Approval</U>&rdquo; means the Governmental Approvals set forth on <U>Schedule 12.1(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Resolution Period</U>&rdquo;
is defined in <U>Section&nbsp;2.7(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Retained Assets</U>&rdquo;
means (a)&nbsp;all Retained Records, (b)&nbsp;subject to <U>Section&nbsp;9.11</U>, the HG Marks and all rights to use the HG Marks, (c)&nbsp;all
rights to receive and amounts of any COPAS overhead charges paid or payable by Third Party working interest owners under the relevant
operating agreement or unit agreement to Seller or any of its Affiliates, including the Target Group (or to HG Energy on behalf of such
Person) with respect to the Oil&nbsp;&amp; Gas Assets that are operated by Seller or any of its Affiliates, including the Target Group
(or by HG Energy on behalf of such Person) for periods between the Effective Time and Closing, (d)&nbsp;any rights, titles, interests,
assets and properties that are originally included in the Oil&nbsp;&amp; Gas Assets under the terms of this Agreement, but that are subsequently
excluded from the Oil&nbsp;&amp; Gas Assets or sale under this Agreement pursuant to the express terms of this Agreement, (e)&nbsp;the
amount of all realized Hedge Gains and realized Hedge Losses for the Target Group Hedges for each calendar month ending prior to the Effective
Time, and (f)&nbsp;any other assets and properties listed on <U>Schedule 1.1(d)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Retained Records</U>&rdquo;
means: (a)&nbsp;any and all data, correspondence, materials, descriptions and records relating to the auction, marketing, sales negotiation
or sale of the Target Interests or the Oil&nbsp;&amp; Gas Assets, including the existence or identities of any prospective inquirers,
bidders or prospective purchasers of the Target Interests or the Oil&nbsp;&amp; Gas Assets, any bids received from and records of negotiations
with any such prospective purchasers and any analyses of such bids by any Person; (b)&nbsp;corporate, financial, Tax, and legal data and
records (or portions thereof) that relate exclusively to the businesses of Seller or any Affiliate of Seller generally, rather than any
member of the Target Group, the Oil&nbsp;&amp; Gas Assets, Asset Taxes or the business of the Target Group; (c)&nbsp;legal records and
legal files of any member of the Target Group to the extent related to this Agreement, any Related Agreement or any of their communications
prior to the Closing with respect to the transactions contemplated thereby or hereby, including all work product of and attorney-client
communications with Seller&rsquo;s or member of the Target Group&rsquo;s legal counsel (other than title opinions); (d)&nbsp;records to
the extent related to any assets of Third Parties that have been the subject of evaluation by Seller or the Target Group prior to the
Execution Date; (e)&nbsp; all emails on any of Seller&rsquo;s or its Affiliates&rsquo; (including any member of the Target Group&rsquo;s)
servers and networks except for any Contracts (or amendments thereto) that exist or are memorialized or stored only in e-mail format (which
Contracts shall not be Retained Records), and all other electronic files on Seller&rsquo;s or its Affiliates&rsquo; (including any member
of the Target Group&rsquo;s) servers and networks constituting any other Retained Record; and (f)&nbsp;personnel files, medical files,
and other employment records related to any service provider who is not employed by any member of the Target Group.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Review Period</U>&rdquo;
is defined in <U>Section&nbsp;2.7(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Royalties</U>&rdquo;
means any royalties, overriding royalties, non-participating royalties, production payments, carried interests, net profits interests,
reversionary interests (excluding any Working Interest derived therefrom), back-in interests (excluding any Working Interest derived therefrom)
and other burdens upon, measured by or payable out of production.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Scheduled Closing
Date</U>&rdquo; is defined in <U>Section&nbsp;2.6</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Scheduled NMA</U>&rdquo;
is defined in <U>Section&nbsp;3.1(f)(iv)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Scheduled NRI</U>&rdquo;
is defined in <U>Section&nbsp;3.1(f)(iii)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>SEC</U>&rdquo; means
the U.S. Securities and Exchange Commission.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Securities</U>&rdquo;
means any equity interests or other security of any class, any option, warrant, convertible or exchangeable security (including any membership
interest, equity unit, partnership interest, trust interest) or other right, however denominated, to subscribe for, purchase or otherwise
acquire any equity interest or other security of any class, with or without payment of additional consideration in cash or property, either
immediately or upon the occurrence of a specified date or a specified event or the satisfaction or happening of any other condition or
contingency.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Securities Act</U>&rdquo;
is defined in <U>Section&nbsp;8.9</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Seller</U>&rdquo;
is defined in the Preamble.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Seller Fundamental
Representations and Warranties</U>&rdquo; means those representations and warranties of Seller set forth in <U>Section&nbsp;6.1</U>, <U>Section&nbsp;6.2</U>,
<U>Section&nbsp;6.5(a)</U>, <U>Section&nbsp;7.1</U>, <U>Section&nbsp;7.2(a)</U>, <U>Section&nbsp;7.3(a)</U>, <U>Section&nbsp;7.4</U> and
<U>Section&nbsp;7.7</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Seller Related Party</U>&rdquo;
and &ldquo;<U>Seller Related Parties</U>&rdquo; are defined in <U>Section&nbsp;9.8</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Settlement Price</U>&rdquo;
means (a)&nbsp;in the case of gaseous Hydrocarbons, $3.00/MMBtu, (b)&nbsp;in the case of crude oil, $57.00/Barrel and (c)&nbsp;in the
case of condensate, scrubber liquids inventories and ethane, propane, iso-butane, nor-butane and gasoline Hydrocarbons, $20.00/Barrel,
as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Shortfall Amount</U>&rdquo;
is defined in <U>Section&nbsp;2.7(e)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>SMOG Information</U>&rdquo;
means all financial information (including any supplementary oil and gas information required by ASC 932-235), including estimates of
quantities of proved reserves as of, and a reconciliation of proved oil and gas reserves for, each of the fiscal years ended December&nbsp;31,
2024 and December&nbsp;31, 2023 (or the fiscal years ended December&nbsp;31, 2025 and December&nbsp;31, 2024, as applicable), and the
standardized measure of discounted future net cash flows as of, and a reconciliation of the standardized measure of future discounted
cash flows for, each of the fiscal years ended December&nbsp;31, 2024 and December&nbsp;31, 2023 (or the fiscal years ended December&nbsp;31,
2025 and December&nbsp;31, 2024, as applicable).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Solvent</U>&rdquo;
means that, as of any date of determination, (a)&nbsp;the fair value of the assets of Buyer on a consolidated basis, as of such date,
exceeds the sum of all liabilities of Buyer, including contingent and other liabilities, as of such date, (b)&nbsp;the fair saleable value
of the assets of Buyer on a consolidated basis, as of such date, exceeds the amount that will be required to pay the probable liabilities
of Buyer on their existing debts (including contingent liabilities) as such debts become absolute and matured, and (c)&nbsp;Buyer on a
consolidated basis will not have, as of such date, an unreasonably small amount of capital for the operation of the businesses in which
they are engaged or will be engaged following such date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Specified Contracts</U>&rdquo;
is defined in <U>Section&nbsp;9.9(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Specified Indebtedness</U>&rdquo;
is defined in <U>Section&nbsp;2.11(a)(xii)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Specified Matters</U>&rdquo;
is defined in <U>Section&nbsp;7.32(d)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Straddle Period</U>&rdquo;
means any Tax period beginning before and ending after the Effective Time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Subject Hedge Contract</U>&rdquo;
is defined in <U>Section&nbsp;9.13(d)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Subsidiary</U>&rdquo;
means, with respect to any relevant Person as of the date the determination is being made, any other Person that (a)&nbsp;is Controlled
(directly or indirectly) by such Person and (b)&nbsp;the equity entitled to vote to elect the board of directors, board of managers or
other governing authority of which is more than fifty percent (50%) owned (directly or indirectly) by the relevant Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Subsidiary Interests</U>&rdquo;
is defined in the Recitals.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Suspense Funds</U>&rdquo;
means all Royalties and other amounts held or maintained (whether in cash or as an accounting liability or reserve balance) in suspense
by any member of the Target Group and its Affiliates that are held in suspense and are attributable to the Oil&nbsp;&amp; Gas Assets or
any interests pooled, unitized or communitized therewith that are payable to any Third Party (including (i)&nbsp;any such amounts attributable
to other Working Interest owners&rsquo; interest in such assets, (ii)&nbsp;funds held in suspense for unleased interests, and (iii)&nbsp;all
penalties and interest actually accrued or required to be accrued on such funds under applicable Laws).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Tail Policy</U>&rdquo;
is defined in <U>Section&nbsp;9.5(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Target Formation</U>&rdquo;
means (a)&nbsp;with respect to a Well on <U>Annex A-2</U>, each geological zone and depth open to production and from which Hydrocarbons
are being produced (or capable of being produced, if any such Well is temporarily shut in) as of the Effective Time, and (b)&nbsp;with
respect to an Unpooled Interest or DSU, the Marcellus Formation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Target Group</U>&rdquo;
means, collectively, the Companies and the Company Subsidiaries, and following the Closing, each of their successors and permitted assigns.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Target Group Hedge
Counterparty</U>&rdquo; means each Person listed on <U>Schedule 7.40</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Target Group Hedges</U>&rdquo;
mean any Hedge Contracts that are binding upon or applicable to any member of the Target Group or their respective Oil&nbsp;&amp; Gas
Assets, or for which any member of the Target Group has any rights to Hedge Gains or liability for Hedge Losses.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Target Indemnified
Persons</U>&rdquo; is defined in <U>Section&nbsp;9.5(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Target Interests</U>&rdquo;
is defined in the Recitals.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Tax</U>&rdquo; or
 &ldquo;<U>Taxes</U>&rdquo; means (a)&nbsp;any federal, state, local or non-U.S. income, gross receipts, payroll, employment, excise, severance,
stamp, occupation, premium, windfall profits, environmental, custom duties, capital stock, intangible property, production, license, capital
gains, goods and services, franchise, profits, withholding, social security, unemployment, disability, real property, personal property,
sale, use, transfer, registration, value added, alternative or add on minimum, estimated or other tax, duty, impost or custom in the nature
of a tax imposed by any Governmental Authority, (b)&nbsp;in furtherance of, and not as a limitation of, <U>clause (a)</U>&nbsp;any Pennsylvania
Unconventional Gas Well Fees and (c)&nbsp;any interest, penalty, fine, additions to Tax or additional amounts imposed by any Taxing Authority
in connection with any item described in <U>clauses (a)</U>&nbsp;or <U>(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Tax Allocation</U>&rdquo;
is defined in <U>Section&nbsp;2.8</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Tax Return</U>&rdquo;
means all reports, estimates, declarations of estimated Tax, information statements and returns, and claims for refunds filed or required
to be filed with any Taxing Authority, including any amendment thereof and schedule or attachment thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Taxing Authority</U>&rdquo;
means, with respect to any Tax, the Governmental Authority that imposes or collects such Tax.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Third Party</U>&rdquo;
means any Person other than a Party to this Agreement or an Affiliate of a Party to this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Title Arbitrator</U>&rdquo;
is defined in <U>Section&nbsp;3.1(h)(ii)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Title Benefit</U>&rdquo;
means any right, circumstance, or condition that operates to (a)&nbsp;increase the Net Revenue Interest of the Target Group in any Unpooled
Interest, Well or DSU as to the Target Formation above the Net Revenue Interest (i)&nbsp;shown on <U>Part&nbsp;2</U> of <U>Annex A-1</U>
for such Unpooled Interest, (ii)&nbsp;shown on <U>Annex A-2</U> for such Well or (iii)&nbsp;shown on <U>Annex A-3</U> for such DSU, in
each case, as to the Target Formation, without causing a greater than proportionate increase in the Target Group&rsquo;s Working Interest
above that shown on <U>Part&nbsp;2</U> of <U>Annex A-1</U> for such Unpooled Interest, on <U>Annex A-2</U> for such Well or on <U>Annex
A-3</U> for such DSU, as applicable, for such Target Formation; (b)&nbsp;decrease the Working Interest of the Target Group in any Well
or DSU as to the Target Formation below the Working Interest (i)&nbsp;shown on <U>Annex&nbsp;A-2</U> for such Well or (ii)&nbsp;shown
on <U>Annex A-3</U> for such DSU, in each case, as to the Target Formation, without causing a proportionate or greater decrease in the
Target Group&rsquo;s Net Revenue Interest below that shown on <U>Annex A-2</U> for such Well or <U>Annex A-3</U> for such DSU, as applicable,
for such Target Formation; or (c)&nbsp;increase the Net Mineral Acres of the Target Group in any Unpooled Interest as to the Target Formation
above that shown on <U>Part&nbsp;2</U> of <U>Annex&nbsp;A-1</U> for such Unpooled Interest and such Target Formation (other than, with
respect to any Unpooled Interest that is a Lease, any increase in Net Acres that is based solely on an increase in the Target Group&rsquo;s
Working Interest for such Lease).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Title Benefit Amount</U>&rdquo;
is defined in <U>Section&nbsp;3.1(g)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Title Benefit Property</U>&rdquo;
is defined in <U>Section&nbsp;3.1(g)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Title Defect</U>&rdquo;
means any Lien, charge, encumbrance, obligation, defect, or other matter that causes the Target Group to have less than Defensible Title
to the Target Formation for any (a)&nbsp;Unpooled Interest set forth on <U>Part&nbsp;2</U> of <U>Annex A-1</U>, (b)&nbsp;Well set forth
on <U>Annex&nbsp;A-2</U> or (c)&nbsp;DSU set forth on <U>Annex A-3</U>, as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Title Defect Amount</U>&rdquo;
is defined in <U>Section&nbsp;3.1(f)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Title Defect Notice</U>&rdquo;
is defined in <U>Section&nbsp;3.1(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Title Defect Property</U>&rdquo;
is defined in <U>Section&nbsp;3.1(d)(ii)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Title/Environmental
Deductible Amount</U>&rdquo; means an amount equal to three percent (3.0%) of the Base Purchase Price.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Title Threshold
Amount</U>&rdquo; is defined in <U>Section&nbsp;3.1(i)(i)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Transaction Expenses</U>&rdquo;
means, without duplication: the aggregate amount of all fees, costs and expenses (including fees, costs and expenses of third-party advisors,
legal counsel, investment bankers or other representatives) incurred, or paid or to be paid directly by, the Target Group or any Person
that the Target Group pays or reimburses or is otherwise legally obligated to pay or reimburse, in each case, in connection with the negotiation,
preparation, execution or consummation of the transactions contemplated by this Agreement and the Related Agreements, including (i)&nbsp;all
 &ldquo;change of control,&rdquo; retention, transaction bonus, incentive, termination, compensation, redundancy, severance or other similar
payments that are payable as a result of or in connection with the consummation of the transactions contemplated by this Agreement, together
with the employer portion of any payroll, social security or other Taxes required to be paid by the Target Group in connection with the
payments described in this clause and (ii)&nbsp;all brokers&rsquo;, finders&rsquo; or similar fees in connection with the transactions
contemplated hereby (including any process run by or on behalf of a Company in connection with such transactions); <I>provided</I> that
in no event shall Transaction Expenses include any fees, costs or expenses (a)&nbsp;initiated or otherwise incurred by Buyer or any of
its Affiliates or representatives following the Closing Date, (b)&nbsp;incurred in respect to the Tail Policy or the R&amp;W Insurance
Policy, (c)&nbsp;related to any financing activities of Buyer or its Affiliates in connection with the transactions contemplated hereby
or (d)&nbsp;any fees, costs and expenses contemplated pursuant to <U>Section&nbsp;9.4</U> or elsewhere expressly set forth in this Agreement
to be borne by Buyer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Transfer Taxes</U>&rdquo;
is defined in <U>Section&nbsp;11.3</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Transition Services
Agreement</U>&rdquo; is defined in <U>Section&nbsp;2.11(a)(ix)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Unpooled Interest</U>&rdquo;
is defined in the definition of Defensible Title.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Wells</U>&rdquo;
means all of Target Group&rsquo;s right, title and interest in and to any oil, gas, CO<SUB>2</SUB>, water, injection and disposal wells,
whether producing, shut-in, plugged or abandoned, including those Wells set forth on <U>Annex A-2</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>West Virginia Oil&nbsp;&amp;
Gas Property Taxes</U>&rdquo; means any ad valorem, property and similar Asset Taxes assessed by the State of West Virginia (or any political
subdivision thereof) on natural resource properties that are valued pursuant to West Virginia Code Section&nbsp;11-1C-10.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Working Capital
Assets</U>&rdquo; means the current assets of the Target Group as of the Effective Time, each determined in accordance with GAAP; <I>provided</I>,
that Working Capital Assets shall exclude (i)&nbsp;current or deferred Tax assets, (ii)&nbsp;current assets constituting Retained Assets,
or (iii)&nbsp;any assets related to Hedge Contracts.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Working Capital
Liabilities</U>&rdquo; means the current liabilities of the Target Group as of the Effective Time, each determined in accordance with
GAAP, but excluding any (a)&nbsp;current or deferred Tax liabilities, (b)&nbsp;Decommissioning Obligations and other asset retirement
obligations with respect to the Oil&nbsp;&amp; Gas Assets, (c)&nbsp;Environmental Liabilities, (d)&nbsp;Transaction Expenses, (e)&nbsp;Indebtedness
for Borrowed Money (including, for the avoidance of doubt, any accrued fees or interest (in kind or in cash) thereon), (f)&nbsp;any liabilities
related to Hedge Contracts, (g)&nbsp;liabilities related to Suspense Funds, or (f)&nbsp;any insurance premiums attributable to the insurance
policies held by Target Group.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<U>Working Interest</U>&rdquo;
means, with respect to any Lease, Well or DSU (limited to the Target Formation and subject to any reservations, limitations or depth restrictions
described on <U>Annex A-1</U>, <U>Annex A-2</U> or <U>Annex A-3</U>), as applicable, the percentage interest in and to such Lease, Well
or DSU that is burdened with the obligation to bear and pay costs and expenses of maintenance, development and operations on or in connection
with such Lease, Well or DSU, but without regard to the effect of any Royalties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;1.2&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Construction</U>.
Whenever the context may require, any pronoun includes the corresponding masculine, feminine and neuter forms. Words in the singular or
the plural include the plural or the singular, as the case may be. All references herein to Articles, Sections, clauses, preamble, recitals,
paragraphs and Schedules shall be deemed to be references to Articles, Sections, clauses, preamble, recitals, paragraphs and Schedules
of this Agreement unless the context otherwise requires. All Schedules, Annexes and Exhibits attached hereto are hereby incorporated and
made a part hereof and are an integral part of this Agreement for all purposes. The words &ldquo;include&rdquo;, &ldquo;includes&rdquo;
and &ldquo;including&rdquo; shall be deemed to be followed by the phrase &ldquo;without limitation.&rdquo; The words &ldquo;hereof&rdquo;,
 &ldquo;herein&rdquo;, &ldquo;hereunder&rdquo;, and words of similar import, when used in this Agreement, refer to this Agreement as a
whole and not to any particular provision of this Agreement. Unless expressly provided to the contrary, the word &ldquo;or&rdquo; is not
exclusive. References to any Contract are to that Contract as amended, modified or supplemented from time to time in accordance with the
terms hereof and thereof. Unless otherwise expressly provided herein, any statute or Law defined or referred to herein means such statute
or Law as from time to time amended, modified or supplemented, including by succession of comparable successor statutes. The terms &ldquo;dollars&rdquo;
or &ldquo;$&rdquo; mean dollars in the lawful currency of the United States of America and all dollar amounts contemplated by this Agreement,
to the extent applicable, shall be rounded down to the nearest penny. The terms &ldquo;day&rdquo; and &ldquo;days&rdquo; mean and refer
to calendar day(s). Each accounting term not defined or partly defined herein will, to the extent not defined, have the meaning given
to it under GAAP and COPAS, in each case, as in effect on the Execution Date. The word &ldquo;extent&rdquo; in the phrase &ldquo;to the
extent&rdquo; shall mean the limited degree or proportion to which a subject or other thing extends, and such phrase shall not mean simply
 &ldquo;if&rdquo;. The word &ldquo;any&rdquo; is used in the inclusive sense of &ldquo;any and all.&rdquo; The use of the phrase &ldquo;ordinary
course of business&rdquo; or other derivations thereof shall mean &ldquo;ordinary course of business consistent with past practice&rdquo;.
Wherever in this Agreement there is a consent right of a Party or a reference to the &ldquo;satisfaction&rdquo; or &ldquo;sole discretion&rdquo;
of a Party, such Party shall be entitled to consider solely its own interests (and not the interests of any other Person) or, at its sole
election, any such other interests and factors as such Party desires. When measuring the period of time &ldquo;until,&rdquo; &ldquo;before,&rdquo;
 &ldquo;prior to&rdquo; which, &ldquo;within&rdquo; which, &ldquo;after&rdquo; or &ldquo;following&rdquo; which any action is to be taken
pursuant to this Agreement, the date that is the reference date in measuring such period shall be excluded. When any action is to be performed
or payment is to be made by a particular date that is a non-Business Day, the action or payment may be performed or made on the next succeeding
Business Day; <I>provided</I>, that all calculations shall be made regardless of whether any day is a non-Business Day or whether any
period ends on a non-Business Day. Any reference in this Agreement to &ldquo;made available&rdquo; means a document or other item of information
that was provided or made available to Buyer, its Affiliates or their respective representatives prior to the Execution Date (or such
other date or deadline specified herein for the provision of such information) in any &ldquo;data rooms,&rdquo; &ldquo;virtual data rooms,&rdquo;
or in any other reasonable form or format in expectation of, or in connection with, the transactions contemplated by this Agreement and
the Related Agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; text-transform: uppercase; color: #010000"><B>Article&nbsp;II
</B></FONT><B><BR>
PURCHASE AND SALE TRANSACTION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;2.1&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Purchase
and Sale</U>. At the Closing, upon the terms and conditions set forth in this Agreement, Seller shall sell, transfer, convey, assign and
deliver to (i)&nbsp;AR, and AR shall purchase and accept from Seller, the HG Production Interests, and (ii)&nbsp;AM, and AM shall purchase
and accept from Seller the HG Midstream Holdings Interests, in each case, in accordance with the terms and conditions of the assignment
and assumption agreement in the form of <U>Exhibit&nbsp;B</U>, free and clear of all Liens, except for Liens arising under federal and
state Securities Laws, arising pursuant to the Governing Documents of each Company or imposed by Buyer or any of its Affiliates following
the Closing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;2.2&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Purchase
Price</U>. The aggregate consideration for the Target Interests to be purchased by Buyer pursuant to this Agreement shall be consideration
in an aggregate amount in cash equal to $3,900,000,000.00 (the &ldquo;<U>Base Purchase Price</U>&rdquo;), to be paid by AR and AM independently
in amounts equal to their Pro Rata Share, <U>plus</U> or <U>minus</U>, as applicable the Adjustment Amount (as adjusted, the &ldquo;<U>Purchase
Price</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">For the avoidance of doubt, if the Adjustment
Amount is a positive (+) number, then the Base Purchase Price shall be increased and if the Adjustment Amount is a negative (&ndash;)
number, then the Base Purchase Price shall be decreased. The Purchase Price shall be subject to further adjustment after the Closing pursuant
to the terms of <U>Section&nbsp;2.7</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;2.3&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Adjustment
Amount</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>For
purposes of calculating the Adjustment Amount or as otherwise used in this <U>Section&nbsp;2.3</U>, the terms &ldquo;earned&rdquo; and
 &ldquo;incurred,&rdquo; shall be interpreted in accordance with GAAP and COPAS standards (<I>provided, however</I>, in the event of any
conflict between GAAP and COPAS, GAAP shall control), as consistently applied by Seller and its Affiliates prior to Closing in a manner
consistent with past practices and <U>Schedule 1.1(b)</U>, except to the extent of any conflict with the express terms of this Agreement.
For purposes of allocating revenues, Hydrocarbon production, proceeds, income (and accounts receivable with respect thereto), (i)&nbsp;liquid
Hydrocarbons shall be deemed to be &ldquo;from or attributable to&rdquo; the Oil&nbsp;&amp; Gas Assets when they are produced into the
first storage facilities at or near the wellhead and (ii)&nbsp;gaseous Hydrocarbons shall be deemed to be &ldquo;from or attributable
to&rdquo; the Oil&nbsp;&amp; Gas Assets when they pass through the receipt point sales meters or similar meters at the point of entry
into the first gathering lines through which they are transported. In order to accomplish the foregoing allocation of production, the
Parties shall rely upon the gauging, metering and strapping procedures which were conducted by Seller or the Target Group on or about
the Effective Time. Seller and the Target Group shall utilize reasonable interpolative procedures consistent with industry practice, to
arrive at an allocation of production from or attributable to the Oil&nbsp;&amp; Gas Assets when exact meter readings or gauging and strapping
data are not available as of the Effective Time, unless such procedures are demonstrated to be inaccurate. Surface use and other Property
Costs that are paid periodically (including deficiency or shortfall payments pertaining to minimum volume commitments or similar requirements
that accrue on a periodic basis (<I>e.g.</I>, quarterly, semiannually or annually)) shall be prorated based on the number of days in the
applicable period falling on or before, or after, the Effective Time. For the avoidance of doubt, no item that is included in a specific
adjustment for purposes of determining the Adjustment Amount pursuant to <U>Section&nbsp;2.3(b)</U>&nbsp;or <U>Section&nbsp;2.3(c)</U>&nbsp;that
would otherwise be taken into account in the determination of the calculation of Effective Time Working Capital shall be subject to any
adjustments as a result of the determination of Effective Time Working Capital. All adjustments to the Base Purchase Price pursuant to
this <U>Section&nbsp;2.3</U> shall be without duplication of any other adjustment set forth in this <U>Section&nbsp;2.3</U> or the calculation
of Effective Time Working Capital. When available, actual figures will be used for the adjustments to the Purchase Price at Closing. To
the extent actual figures are unavailable at Closing, Seller&rsquo;s good faith estimates shall be used at Closing subject to final adjustments
in accordance with the terms of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>The
Adjustment Amount shall be calculated, without duplication, as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>increased
by</U> the following amounts:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(A)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
amount, if any, of Imbalances owed by any Third Party to any member of the Target Group as of the Effective Time, <U>multiplied by</U>
the Settlement Price, as applicable, or, to the extent that the applicable Contracts provide for cash balancing, the actual cash balance
amount determined to be due to the applicable member of the Target Group as of the Effective Time;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(B)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
amount of all Cash and Cash Equivalents contributed to any member of the Target Group after the Effective Time but before Closing by Seller,
any Affiliate of Seller (other than a member of the Target Group) or any person who, directly or indirectly, owns a Membership Interest
in Seller;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(C)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
amount of all Taxes allocated to Buyer pursuant to <U>Section&nbsp;11.1</U> and that (x)&nbsp;are paid or economically borne by the Target
Group prior to the Effective Time or (y)&nbsp;are paid, payable or economically borne by Seller;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(D)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>a
fixed overhead charge equal to $1,500,000 per month (prorated for any partial month) from the Effective Time through the Closing Date;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(E)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
amount of all Cash and Cash Equivalents actually paid to or received by the Target Group without subsequent distribution to or for the
benefit of Seller or its Affiliates (other than the Target Group) during any period from and after the Effective Time, but that are attributable
to or earned from any Retained Assets;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(F)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>with
respect to the Target Group Hedges, (1)&nbsp;the amount of all realized Hedge Losses and any other costs or expenses attributable to the
Target Group Hedges that are allocated to Buyer pursuant to <U>Section&nbsp;9.13</U> and that (x)&nbsp;have been paid or economically
borne by the Target Group prior to the Effective Time or (y)&nbsp;are otherwise paid, payable or economically borne by Seller; and (2)&nbsp;the
amount of all realized Hedge Gains attributable to the Target Group Hedges that are allocated to Seller pursuant to <U>Section&nbsp;9.13</U>
and that are actually paid to or received and retained by or for the benefit of Buyer or its Affiliates (including any such amounts that
are actually received by the Target Group without subsequent distribution to or for the benefit of Seller or its Affiliates (other than
distributions to or for the benefit of the Target Group after the Effective Time));</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(G)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>an
amount equal to the Effective Time Working Capital, to the extent such amount is a positive amount; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(H)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
other amounts otherwise agreed upon by the Parties in writing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>decreased
by</U> the following amounts:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(A)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
amount, if any, of Imbalances owed by any member of the Target Group to any Third Party as of the Effective Time, <U>multiplied by</U>
the Settlement Price, as applicable, or, to the extent that the applicable Contracts provide for cash balancing, the actual cash balance
amount determined to be owed by the applicable member of the Target Group as of the Effective Time;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(B)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>subject
to the terms of <U>Section&nbsp;3.1(d)</U>, <U>Section&nbsp;3.1(e)</U>&nbsp;and <U>Section&nbsp;3.1(i)</U>, the aggregate amount of all
finally determined Title Defect Amounts pursuant to <U>Section&nbsp;3.1(f)</U>&nbsp;or <U>Section&nbsp;3.1(h)</U>&nbsp;(net of all finally
determined Title Benefit Amounts);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(C)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>subject
to the terms of <U>Section&nbsp;4.6</U>, the aggregate amount of all finally determined Environmental Defect Amounts;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(D)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
aggregate amount of the Allocated Value for all Retained Assets;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(E)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
aggregate amount of all Leakage;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(F)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>to
the extent not paid off in connection with the Closing pursuant to <U>Section&nbsp;2.11(b)(iii)</U>, the amount of all Indebtedness for
Borrowed Money as of immediately prior to Closing;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(G)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
amount of all Property Costs or other costs and expenses, including all prepaid costs and expenses (but excluding, for the avoidance of
doubt, Asset Taxes,&nbsp;Income Taxes and Transfer Taxes), actually paid or otherwise economically borne by the Target Group or Buyer
from and after the Effective Time, in each case, that are incurred in connection with the ownership or operation of the Retained Assets;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(H)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
amount of all Transaction Expenses that remain unpaid as of Closing or that are otherwise paid or payable by any member of the Target
Group or Buyer at or after Closing (excluding any payments made at the Closing at Seller&rsquo;s direction from and reducing the proceeds
of the Closing Payment, or from the Closing Distribution, or otherwise satisfied by Seller or its Affiliates at or prior to Closing);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(I)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
amount of all Taxes allocated to Seller pursuant to <U>Section&nbsp;11.1</U> and that (x)&nbsp;are paid, payable or economically borne
by Buyer or any of its Affiliates (other than a member of the Target Group), (y)&nbsp;have been paid or economically borne by a member
of the Target Group following the Effective Time but prior to the Closing Date, or (z)&nbsp;are unpaid as of the Closing Date;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(J)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>with
respect to the Target Group Hedges, (1)&nbsp;the amount of all realized Hedge Losses and any other costs or expenses attributable to the
Target Group Hedges that are allocated to Seller pursuant to <U>Section&nbsp;9.13</U> and that (x)&nbsp;have been paid or economically
borne by the Target Group after the Effective Time or (y)&nbsp;are otherwise paid, payable or economically borne by Buyer; and (2)&nbsp;the
amount of all realized Hedge Gains attributable to the Target Group Hedges that are allocated to Buyer pursuant to <U>Section&nbsp;9.13</U>
and that (x)&nbsp;are actually paid to or received and retained by or for the benefit of Seller or its Affiliates (other than amounts
retained or used for the benefit of the Target Group after the Effective Time ) and (y)&nbsp;are not otherwise accounted for as Leakage;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(K)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
aggregate amount of Suspense Funds held or maintained by the Target Group (or by HG Energy, Seller or its Affiliates (other than the Target
Group) on behalf of the Target Group), as of Closing;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(L)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>an
amount equal to the absolute value of the Effective Time Working Capital, to the extent such amount is a negative amount; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(M)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
other amounts otherwise agreed upon by the Parties in writing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Notwithstanding
anything herein to the contrary, and without duplication of any adjustments provided for in <U>Section&nbsp;2.3(b)</U>&nbsp;above, the
following shall be taken into account to the extent not in express conflict with the definitions of Effective Time Working Capital, Working
Capital Assets and Working Capital Liabilities; <I>provided</I>, the following shall in no way be construed as a limitation to the definition
of any of Effective Time Working Capital, Working Capital Assets and Working Capital Liabilities:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
following shall be deemed to be Working Capital Assets, without duplication:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(A)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
Cash and Cash Equivalents of the Target Group at the Effective Time;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(B)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
aggregate amount of any and all unpaid proceeds, receivables and amounts (x)&nbsp;earned from the sale of Hydrocarbons produced from or
attributable to the Oil&nbsp;&amp; Gas Assets on or prior to the Effective Time, or (y)&nbsp;otherwise attributable to ownership or operation
of Target Interests or the Oil&nbsp;&amp; Gas Assets that have been earned by the Target Group at any time on or prior to the Effective
Time;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(C)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
Target Group&rsquo;s entitlement to any and all merchantable Hydrocarbons produced from and attributable to the Oil&nbsp;&amp; Gas Assets
in storage or existing in stock tanks, pipelines and/or plants (including inventory but excluding line fill and tank bottoms), in each
case that are, as of the Effective Time, (x)&nbsp;upstream of the pipeline connection or (y)&nbsp;upstream of the sales meter, the value
of such Hydrocarbons to be based upon the contract price in effect as of the Effective Time (or if there is no contract price, then the
Settlement Price);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(D)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
aggregate amount of all Property Costs (including pre-payments, of which such amounts (or Seller&rsquo;s best estimates when actual amounts
are not available), as of the Execution Date, are set forth on <U>Schedule 2.3(c)(i)(D)</U>) which are attributable to the Oil&nbsp;&amp;
Gas Assets during the period from and after the Effective Time that have been paid or economically borne by Seller or its Affiliates (including
the Target Group) prior to the Effective Time;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(E)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>if
the Target Group is the operator under an operating agreement covering any of the Oil&nbsp;&amp; Gas Assets or assets then owned by the
Target Group, an amount equal to the Property Costs and other costs and expenses properly paid before the Effective Time by Seller or
any of its Affiliates, including the Target Group, on behalf of the other joint interest owners, without reimbursement prior to the Effective
Time (including through proper netting of revenues paid to such joint interest owners), that are attributable to periods after the Effective
Time, in each case, only to the extent that such costs and expenses are permitted to be charged to such joint interest owners under the
applicable joint operating agreement, production sharing agreement or similar Contract; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
following shall be deemed to be Working Capital Liabilities, without duplication:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(A)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
amount of all Property Costs payable or owed by the Target Group that are unpaid as of the Effective Time (or that were paid by Seller
or an Affiliate of Seller other than the Target Group without reimbursement by the Target Group prior to the Effective Time), in each
case, that are attributable to the Oil&nbsp;&amp; Gas Assets or operations thereon prior to the Effective Time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>If,
prior to the Closing, Buyer or Seller discovers an error in the Imbalances set forth on <U>Schedule&nbsp;7.18</U>, then the Adjustment
Amount shall be determined at Closing using the corrected amount (based on the Settlement Price), and <U>Schedule&nbsp;7.18</U> will be
deemed amended immediately prior to the Closing to reflect the Imbalances for which the Adjustment Amount is so adjusted.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;2.4&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Deposit;
Escrow</U>. Within one Business Day following the Execution Date, each of AR and AM shall deliver to the Escrow Agent, by wire transfer
of immediately available funds into an interest bearing escrow account (the &ldquo;<U>Escrow Account</U>&rdquo;), established pursuant
to the Escrow Agreement, a cash deposit equal to its Pro Rata Share of seven and one-half percent (7.5%) of the Base Purchase Price (together
with any interest accrued thereon, the &ldquo;<U>Deposit</U>&rdquo;). The Deposit shall be held by the Escrow Agent, and in the event
there is a Closing, applied as a credit against the Closing Payment to be delivered at Closing as provided in <U>Section&nbsp;2.11(b)(iii)</U>.
If this Agreement is terminated prior to the Closing in accordance with <U>Article&nbsp;XIII</U>, then the distribution of the Deposit
shall be governed by the terms of <U>Section&nbsp;13.3</U> and the Escrow Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;2.5&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Closing
Statement</U>. At least five (5)&nbsp;days prior to the Closing Date, Seller shall deliver to Buyer a statement setting forth in reasonable
detail Seller&rsquo;s good faith determination of the Purchase Price, stated in separate amounts to be paid by AR and/or AM based on their
Pro Rata Share (the &ldquo;<U>Closing Purchase Price</U>&rdquo;), including its calculation of the Adjustment Amount and each component
thereof, along with reasonable supporting detail for the adjustments therein to the extent reasonably within Seller&rsquo;s, its Affiliates&rsquo;
or HG Energy&rsquo;s possession or control (the &ldquo;<U>Closing Statement</U>&rdquo;). In its preparation of the Closing Statement,
Seller shall use its good faith estimate of amounts where actual numbers are not available at the time of Seller&rsquo;s delivery thereof.
Within two (2)&nbsp;days after its receipt of the Closing Statement, Buyer may submit to Seller in writing any objections or proposed
changes thereto and Seller shall consider all such objections and proposed changes in good faith. The Closing Purchase Price agreed to
by Seller and Buyer, or, absent such agreement, delivered in the Closing Statement by Seller in good faith, will be the amount used to
determine the Closing Payment due and payable by AR and/or AM to Seller at the Closing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;2.6&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Closing</U>.
The consummation of the transactions contemplated by this Agreement (the &ldquo;<U>Closing</U>&rdquo;) shall take place electronically
and remotely (<I>provided</I> that any original, wet-ink signature pages&nbsp;required hereunder shall be made available for pick up at
the offices of Seller or its counsel on, or, if agreed in writing by Buyer, delivered to the offices of Buyer or its counsel promptly
following the Closing Date), on February&nbsp;2, 2026 (the &ldquo;<U>Scheduled Closing Date</U>&rdquo;), or if all conditions to Closing
set forth in <U>Article&nbsp;XII</U> have not been satisfied, or, if permissible, waived by the Party entitled to the benefit of the same
(other than those conditions which by their terms are required to be satisfied at Closing, but subject to the satisfaction or waiver of
such conditions) by the Scheduled Closing Date, the second (2nd) Business Day after the conditions set forth in <U>Article&nbsp;XII</U>
have been satisfied, or, if permissible, waived by the Party entitled to the benefit of the same (other than those conditions which by
their terms are required to be satisfied at Closing, but subject to the satisfaction or waiver of such conditions), or on such other date
as Seller and Buyer mutually agree in writing (the date upon which the Closing actually occurs, the &ldquo;<U>Closing Date</U>&rdquo;).
The Closing shall be deemed effective for all purposes as of 12:01 a.m.&nbsp;Eastern Standard Time on the Closing Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;2.7&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Post-Closing
Adjustment</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Subject
to any further adjustments based on the Title Arbitrators&rsquo; decisions pursuant to <U>Section&nbsp;3.1(h)</U>&nbsp;below or the Environmental
Arbitrators&rsquo; decisions pursuant to <U>Section&nbsp;4.5</U> below, no sooner than sixty (60) days after the Closing Date, but no
later than one hundred twenty (120) days after the Closing Date, Buyer shall deliver to Seller a statement (the &ldquo;<U>Post-Closing
Statement</U>&rdquo;) setting forth in reasonable detail Buyer&rsquo;s good faith calculation of (i)&nbsp;the Adjustment Amount, including
each component thereof, and (ii)&nbsp;the resulting calculation of the Final Purchase Price. Concurrently with the delivery of the Post-Closing
Statement, Buyer shall deliver to Seller reasonable documentation in the possession or control of Buyer or any of its Affiliates to support
the items for which adjustments are proposed or made in the Post-Closing Statement delivered by Buyer, and a brief explanation of any
such adjustments and the reasons therefor. Seller shall cooperate with Buyer and provide reasonable access to any books, records, data
and employees as may be reasonably requested by Buyer in connection with the preparation of the Post-Closing Statement. In the event Buyer
does not deliver the Post-Closing Statement in accordance with this <U>Section&nbsp;2.7</U>, the Closing Payment actually paid at Closing
shall control unless Seller elects to deliver a Post-Closing Statement within ten (10)&nbsp;Business Days after such one hundred twentieth
(120th) day, then the Parties shall proceed in accordance with <U>Section&nbsp;2.7(b)</U>&nbsp;except that the rights of Seller and Buyer
shall be reversed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Seller
shall have thirty (30) days after Seller&rsquo;s receipt of the Post-Closing Statement (the &ldquo;<U>Review Period</U>&rdquo;) within
which to review Buyer&rsquo;s calculation of the Final Purchase Price. If Seller disputes in good faith any component proposed of the
Final Purchase Price set forth in the Post-Closing Statement delivered pursuant to <U>Section&nbsp;2.7(a)</U>&nbsp;(the &ldquo;<U>PC Statement
Purchase Price</U>&rdquo;), Seller shall notify Buyer in writing of its objection to the PC Statement Purchase Price prior to the expiration
of the Review Period, together with a description of the basis for and dollar amount of such disputed components (to the extent possible)
(a &ldquo;<U>Dispute Notice</U>&rdquo;). Except to the extent relating to the Tax refunds set forth on <U>Schedule 1.1(d)</U>, any changes
not included in the Dispute Notice shall be deemed waived. The PC Statement Purchase Price shall become final, conclusive and binding
on the Parties, and be considered the Final Purchase Price for all purposes of this Agreement, unless Seller delivers to Buyer a Dispute
Notice prior to the expiration of the Review Period. If Seller timely delivers a Dispute Notice, (i)&nbsp;any amounts in the PC Statement
Purchase Price not objected to by Seller in the Dispute Notice shall be final, conclusive and binding on the Parties, and (ii)&nbsp;Buyer
and Seller shall, within fifteen (15) days following Buyer&rsquo;s receipt of such Dispute Notice (the &ldquo;<U>Resolution Period</U>&rdquo;),
use commercially reasonably efforts to attempt to mutually resolve in writing their differences with respect to any remaining items set
forth in the Dispute Notice and any such mutual resolution shall be final, conclusive and binding on the Parties. If, at the conclusion
of the Resolution Period, any items set forth in the Dispute Notice remain in dispute (the &ldquo;<U>Remaining Disputes</U>&rdquo;), then
either of Buyer or Seller may (or the Parties may jointly) submit all such Remaining Disputes to the Houston, Texas office of Deloitte
(or such other independent (including with respect to any Quantum Affiliated Party), nationally-recognized accounting firm the Parties
may mutually select), for resolution; <I>provided</I>, that if Deloitte has a conflict of interest at the time of such disputes, or has
not confirmed that it will arbitrate such disputes and the Parties do not agree on another accounting firm within ten (10)&nbsp;days following
the request from the a Party or Parties for Deloitte to arbitrate such disputes, the Houston, Texas, office of the American Arbitration
Association shall select a nationally-recognized accounting firm not materially affiliated with Seller, HG Energy, Quantum Capital Group
or Buyer to arbitrate such disputes. The appointed accounting firm shall be the &ldquo;<U>Accounting Firm</U>&rdquo;, and within five
(5)&nbsp;Business Days after appointment of the Accounting Firm the Parties shall deliver to the Accounting Firm their written position
with respect to such Remaining Disputes. The Accounting Firm, once appointed, shall have no <I>ex parte</I> communications with the Parties
concerning the Remaining Disputes. The Accounting Firm shall determine, based solely on the submissions by Seller and Buyer, and not by
independent review, only the Remaining Disputes and shall choose either Seller&rsquo;s position or Buyer&rsquo;s position with respect
to each matter addressed in a Dispute Notice, in each case, in accordance with this Agreement. The Accounting Firm may not award damages,
interest or penalties to any Party with respect to any matter. The Parties shall request that the Accounting Firm make a decision with
respect to all Remaining Disputes within forty-five (45) days after the submission of the Remaining Disputes to the Accounting Firm, as
provided above, and in any event as promptly as practicable. The final determination with respect to all Remaining Disputes shall be set
forth in a written statement by the Accounting Firm delivered simultaneously to Seller and Buyer and shall, absent manifest error, be
final, conclusive and binding on the Parties and enforceable against the Parties in any court of competent jurisdiction, without right
of appeal. Buyer and Seller shall promptly execute any reasonable engagement letter requested by the Accounting Firm and shall each cooperate
fully with the Accounting Firm, including, by providing the information, data and work papers used by each Party to prepare and/or calculate
the Final Purchase Price, making its personnel and accountants available to explain any such information, data or work papers, so as to
enable the Accounting Firm to make such determination as quickly and as accurately as practicable. The fees, costs and expenses of the
Accounting Firm pursuant to this <U>Section&nbsp;2.7(b)</U>&nbsp;shall be borne by Seller, on the one hand, and Buyer (by each of AR and
AM equal to their Pro Rata Share), on the other hand, based upon the percentage which the aggregate portion of the contested amount not
awarded to each Party bears to the aggregate amount actually contested by such Party. For example, if Buyer claims the PC Statement Purchase
Price is $1,000 greater than the amount determined by Seller, and Seller contests only $500 of the amount claimed by Buyer, and if the
Accounting Firm ultimately resolves the dispute by awarding Seller $300 of the $500 contested, then the costs and expenses of the Accounting
Firm will be allocated sixty percent (60%) (<I>i.e.</I>, 300 &divide; 500) to Buyer and forty percent (40%) (<I>i.e.</I>, 200 &divide;
500) to Seller.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>From
and after the Closing Date until the Final Purchase Price is finally determined pursuant to this <U>Section&nbsp;2.7</U>, Seller, its
Affiliates and its and their respective auditors, accountants, counsel and other representatives shall be permitted reasonable access
to the Target Group and its auditors, accountants, personnel, books and records and any other documents or information reasonably requested
by Seller (including the information, data and work papers used by Buyer and/or the Target Group&rsquo;s auditors or accountants to prepare
and calculate the Final Purchase Price).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>If
the Final Purchase Price exceeds the Closing Purchase Price (such excess amount, if any, the &ldquo;<U>Excess Amount</U>&rdquo;), within
five (5)&nbsp;Business Days after the Final Purchase Price is finally determined pursuant to this <U>Section&nbsp;2.7</U>, Buyer (by AR
and/or AM equal to their Pro Rata Share) shall, or shall cause the Companies to, pay to Seller, in immediately available funds, an aggregate
amount equal to the Excess Amount.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>If
the Final Purchase Price is less than the Closing Purchase Price (such shortfall amount, if any, the &ldquo;<U>Shortfall Amount</U>&rdquo;),
within five (5)&nbsp;Business Days after the Final Purchase Price is finally determined pursuant to this <U>Section&nbsp;2.7</U>, Seller
shall pay to Buyer (to each of AR and/or AM equal to their Pro Rata Share), in immediately available funds, an aggregate amount equal
to the Shortfall Amount.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Any
payments made pursuant to this <U>Section&nbsp;2.7</U> shall be deemed an adjustment to the Purchase Price, to the extent permitted by
applicable Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(g)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>The
Parties acknowledge and agree that the foregoing provisions of this <U>Section&nbsp;2.7</U> shall not apply to any unresolved disputes
(or associated adjustments to the Purchase Price) with respect to any Title Defects, Title Benefits, Title Defect Amounts, Title Benefit
Amounts, Environmental Defects or Environmental Defect Amounts, or the adequacy or extent of any curative efforts with respect to Title
Defects or Environmental Defects, or any other amounts that are required to be funded into the Defect Escrow Account at Closing, which
matters shall be exclusively resolved pursuant to <U>Section&nbsp;3.1(h)</U>&nbsp;and/or <U>Section&nbsp;4.5</U>, as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(h)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>In
the event that at any time after the Closing, either Party or any of its Affiliates (including, for the avoidance of doubt, any member
of the Target Group) receives any payment or any asset (including any funds, payments and insurance proceeds) related to any of the Oil&nbsp;&amp;
Gas Assets or Retained Assets, as applicable, such Party shall remit (or cause to be remitted) any such payment to the applicable Party
(or its applicable designee) within five (5)&nbsp;Business Days of such Party or its Affiliate obtaining actual knowledge thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>If
the Closing occurs, the Parties shall direct the Escrow Agent to retain a portion of the Deposit in escrow equal to $29,250,000 (the &ldquo;<U>Holdback</U>&rdquo;),
as support of, but not a cap on, Seller&rsquo;s obligations under this <U>Section&nbsp;2.7</U>. If no payment is required by either Party
under <U>Section&nbsp;2.7(e)</U>&nbsp;or <U>Section&nbsp;2.7(f)</U>, the Parties shall issue joint written instructions to Escrow Agent
to disburse the full amount of the Holdback to Seller. If Seller is obligated to make any payment to Buyer pursuant to <U>Section&nbsp;2.7(e)</U>,
the Parties shall issue joint written instructions instructing Escrow Agent to disburse the amount of such required payment to Buyer (to
each of AR and AM equal to their Pro Rata Share) from the Holdback in the time period required in pursuant to <U>Section&nbsp;2.7(e)</U>&nbsp;(and,
if there is any remaining amount in the Holdback after Seller&rsquo;s obligations under <U>Section&nbsp;2.7(e)</U>&nbsp;are satisfied
in full, to disburse such remaining amount of the Holdback to Seller).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(j)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Notwithstanding
anything to the contrary in this Agreement, except to the extent relating to the Tax refunds set forth on <U>Schedule 1.1(d)</U>, following
the settlement of the Final Purchase Price in accordance with this <U>Section&nbsp;2.7</U>, (A)&nbsp;as between Seller and Buyer, Seller
shall have no further entitlement to amounts earned from the sale of Hydrocarbons produced from or attributable to the Oil&nbsp;&amp;
Gas Assets; or responsibility for Property Costs or any other costs or expenses incurred with respect to the Oil&nbsp;&amp; Gas Assets
and (B)&nbsp;Buyer shall have no further obligation to remit to Seller amounts earned from the sale of Hydrocarbons produced from or attributable
to the Oil&nbsp;&amp; Gas Assets prior to the Effective Time and shall assume all responsibility for Property Costs and other costs and
expenses incurred with respect to the Oil&nbsp;&amp; Gas Assets prior to the Effective Time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;2.8&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Tax
Treatment; Purchase Price Allocation</U>. The Parties agree that the transactions contemplated by this Agreement will be treated for U.S.
federal Income Tax purposes as (a)&nbsp;a sale by Seller of all of the assets of HG II Production and its Subsidiaries to AR and (b)&nbsp;a
sale by Seller of all of the assets of HG II Midstream Holdings and its Subsidiaries to AM. Buyer and Seller shall use commercially reasonable
efforts to agree to an allocation of the Final Purchase Price and any other items that are treated as consideration for U.S. federal Income
Tax purposes among the six (6)&nbsp;categories of assets specified in Part&nbsp;II of Internal Revenue Service (&ldquo;<U>IRS</U>&rdquo;)
Form&nbsp;8594 (Asset Acquisition Statement under Section&nbsp;1060) in accordance with Section&nbsp;1060 of the Code and the Treasury
regulations promulgated thereunder (the &ldquo;<U>Tax Allocation</U>&rdquo;) no later than sixty (60) days after the determination of
the Final Purchase Price. If Buyer and Seller reach an agreement with respect to the Tax Allocation, (a)&nbsp;Buyer and Seller shall use
commercially reasonable efforts to update the Tax Allocation in accordance with Section&nbsp;1060 of the Code following any adjustment
to the purchase consideration for Tax purposes pursuant to this Agreement, and (b)&nbsp;each of AR, AM and Seller shall, and shall cause
their respective Affiliates to, report consistently with the Tax Allocation, as adjusted, on IRS Form&nbsp;8594, which each of AR, AM
and Seller shall timely file with the IRS, unless otherwise required by a change in applicable Law occurring after the date the Parties
agree to the Tax Allocation; <I>provided</I>, <I>however</I>, that (i)&nbsp;if Buyer and Seller cannot mutually agree on the Tax Allocation,
each of AR, AM and Seller shall be entitled to determine its own allocation and file its IRS Form&nbsp;8594 consistently therewith and
(ii)&nbsp;no Party shall be unreasonably impeded in its ability and discretion to negotiate, compromise or settle any Tax examination,
audit, claim or similar proceedings in connection with such allocation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;2.9&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Withholding
Taxes</U>. To the extent that Buyer becomes aware of any applicable withholding Taxes in respect of the transactions contemplated by this
Agreement, Buyer may deduct and withhold from the consideration otherwise payable pursuant to this Agreement to Seller such amounts as
are required to be withheld and paid over to the applicable Taxing Authority under applicable Law; provided that, other than with respect
to withholding Taxes owed as a result of a failure of Seller to deliver the forms described in <U>&lrm;Section&nbsp;2.11(a)(iv)</U>&nbsp;on
or before Closing, Buyer shall, reasonably in advance of the Closing Date, (a)&nbsp;provide written notice of such Tax and (b)&nbsp;consult
with Seller in good faith as to the nature of the Tax and the basis upon which such withholding is required. Buyer and Seller agree to
use commercially reasonable efforts to obtain available exemptions from, or reductions of, any Taxes required to be withheld from payments
under this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;2.10&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Closing
Distribution</U>. At or immediately prior to Closing, Seller may cause all Cash and Cash Equivalents of the Target Group (as of the second
(2nd) Business Day immediately prior to the Closing Date), less any amounts required to account for outstanding checks, drafts and wires
issued by the Target Group, including overdrafts, net of all checks on hand, drafts and wires received or deposited but not yet credited
to the accounts of the Target Group (including deposits in transit, and with each such amounts determined in accordance with GAAP), to
be transferred or otherwise distributed to, or held and maintained in, account(s)&nbsp;of Seller or its designee (the &ldquo;<U>Closing
Distribution</U>&rdquo;), which transfer or other distribution shall, for the avoidance of doubt, (a)&nbsp;constitute Leakage (except
to the extent otherwise expressly constituting Permitted Leakage) and (b)&nbsp;not violate any provision of <U>Section&nbsp;9.1</U>, <I>provided
</I>that Seller shall provide written notice to Buyer at least one (1)&nbsp;Business Day prior to making such transfer or distribution
if it intends to transfer or distribute any Cash and Cash Equivalents to Seller and the amount thereof and the remaining amounts in the
Bank Accounts.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;2.11&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Deliveries
at Closing</U>. At the Closing, the following documents will be delivered and the following events will occur, the execution of each document
and the occurrence of each event being a condition precedent to others and each being deemed to have occurred simultaneously with the
others:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Seller
and the Companies, as applicable, shall deliver, execute and acknowledge (or cause to be delivered, executed and acknowledged), as applicable,
to Buyer (or the other appropriate identified Persons):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>a
duly executed certificate from an authorized Person of Seller and each Company in the form attached hereto as <U>Exhibit&nbsp;A</U>, dated
as of the Closing Date, certifying that the conditions set forth in <U>Section&nbsp;12.2(a)</U>&nbsp;and <U>Section&nbsp;12.2(b)</U>&nbsp;have
been satisfied;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>an
assignment and assumption agreement with respect to (i)&nbsp;Seller assigning to AR and AR assuming the HG II Production Interests, and
(ii)&nbsp;Seller assigning to AM and AM assuming the HG II Midstream Holdings Interests, in the form of <U>Exhibit&nbsp;B</U> duly executed
by Seller;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>a
joint written instruction duly executed by Seller and delivered to the Escrow Agent, instructing the Escrow Agent to (x)&nbsp;distribute
the full amount of the Deposit, <U>less</U> the Defect Escrow Amount, <U>less</U> the Holdback, (but not less than $0) to Seller and (y)&nbsp;if
applicable, to redesignate the Deposit, or portion thereof not so distributed, <U>less</U> the Holdback, as the &ldquo;Defect Deposit&rdquo;
pursuant to the Escrow Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>(A)&nbsp;an
IRS Form&nbsp;W-9 duly executed by Seller, (B)&nbsp;a duly executed certification in a form reasonably satisfactory to Buyer of West Virginia
residence for Seller pursuant to W. Va. Code Section&nbsp;11-21-71b, and (C)&nbsp;a duly executed Pennsylvania Department of Revenue Form&nbsp;REV-1832
Nonresident Withholding Exemption Certificate for such Seller;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(v)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>an
executed counterpart of the Closing Statement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(vi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>an
assignment of the Retained Assets from the applicable member of the Target Group to Seller (or its designated Affiliate), in the form
of <U>Exhibit&nbsp;F</U>, duly executed by Seller (or its designated Affiliate) and the applicable member of the Target Group;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(vii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>evidence
of termination of each of the powers of attorney set forth on <U>Schedule 7.28</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(viii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>resignations
of, and releases from, each of the individuals who serves as an officer, director, or manager of a member of the Target Group, in each
case, in the form of <U>Exhibit&nbsp;H</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(ix)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
Transition Services Agreement, substantially in the form attached hereto as <U>Exhibit&nbsp;I</U> (the &ldquo;<U>Transition Services Agreement</U>&rdquo;),
duly executed by Seller;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(x)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>as
and to the extent required pursuant to <U>Section&nbsp;9.13</U>, counterparts of the Novation Agreement with respect to each applicable
Target Group Hedge, duly executed by the applicable member of the Target Group or Seller or its Affiliate;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(xi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
consents, bank signatory cards or other approvals necessary in order to (A)&nbsp;permit any Persons specified by Buyer in writing to Seller
not later than ten (10)&nbsp;Business Days prior to Closing to control, immediately following the Closing, the Bank Accounts, and (B)&nbsp;remove
the authority or approval of all signatories thereto (unless Buyer directs Seller to allow any of such signatories to remain authorized
to sign for the Bank Accounts) to control or access, immediately following the Closing and thereafter, the Bank Accounts (if any) maintained
by the Target Group;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(xii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>duly
executed, acknowledged and release documents (including draft UCC-3 statements) necessary to evidence (x)&nbsp;the release and termination
of (A)&nbsp;all Liens that encumber the Target Interests, except for Liens arising under federal and state Securities Laws or arising
pursuant to the Governing Documents of each Company or imposed by Buyer or any of its Affiliates and (B)&nbsp;all other Liens securing
Indebtedness for Borrowed Money of the kind described in clauses (a), (c)&nbsp;or (g)&nbsp;of such definition, including all amounts outstanding
under the Existing Credit Facilities, incurred or owed by any member of the Target Group (the &ldquo;<U>Specified Indebtedness</U>&rdquo;)
that encumber the Oil&nbsp;&amp; Gas Assets or the Membership Interests, Securities or other ownership interest in any member of the Target
Group, in sufficient counterparts for recordation in each of the counties in which the Oil&nbsp;&amp; Gas Assets are located or other
applicable jurisdictions; and (y)&nbsp;the release or termination of any guarantees made by the Target Group of any Specified Indebtedness;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(xiii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>executed
Payoff Letters; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(xiv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
Management Side Letter, duly executed by the Person listed on <U>Schedule 2.11(a)(xiv)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Buyer
shall deliver, execute and acknowledge (or cause the appropriate Persons to deliver, executed and acknowledge), as applicable, to Seller
and the Companies (or the other appropriate identified Persons):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>a
duly executed certificate from an officer of AR and AM in the form attached hereto as <U>Exhibit&nbsp;C</U>, dated as of the Closing Date,
certifying that the conditions set forth in <U>Section&nbsp;12.3(a)</U>&nbsp;and <U>Section&nbsp;12.3(b)</U>&nbsp;have been satisfied;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>an
executed counterpart of the Closing Statement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>by
wire transfer of immediately available funds to the account(s)&nbsp;designated in writing by Seller to Buyer in the Closing Statement,
from AR and/or AM, an amount equal to their respective Closing Purchase Price, <U>minus</U> their respective Pro Rata Share of Deposit,
<U>minus</U> their Pro Rata Share of the Payoff Amount (such amount to be paid by AR and/or AM, in the aggregate, the &ldquo;<U>Closing
Payment</U>&rdquo;); <I>provided</I> that, if the Defect Escrow Amount plus the Holdback exceeds the Deposit, then a portion of the Closing
Payment equal to such excess will instead be deposited into the Escrow Account;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>a
joint written instruction duly executed by AR and AM and delivered to the Escrow Agent, instructing the Escrow Agent to (x)&nbsp;distribute
the full amount of the Deposit, <U>less</U> the Defect Escrow Amount, <U>less</U> the Holdback (but not less than $0) to Seller and (y)&nbsp;if
applicable, to redesignate the Deposit, or portion thereof not so distributed, less the Holdback, as the &ldquo;Defect Deposit&rdquo;
pursuant to the Escrow Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(v)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>evidence,
in form and substance satisfactory to Seller, that Buyer has replaced the Credit Support contemplated by <U>Section&nbsp;9.9</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(vi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>evidence,
in form and substance satisfactory to Seller, that Buyer has (at its sole cost and expense) purchased, and the insurer thereunder has
bound, the R&amp;W Insurance Policy, in accordance with <U>Section&nbsp;9.8</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(vii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>a
countersignature to the assignment and assumption agreement with respect to (i)&nbsp;Seller assigning to AR and AR assuming the HG II
Production Interests, and (ii)&nbsp;Seller assigning to AM and AM assuming the HG II Midstream Holdings Interests, in the form of <U>Exhibit&nbsp;B</U>
duly executed by AR and AM;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(viii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
Transition Services Agreement, duly executed by AR and AM;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(ix)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>as
and to the extent required pursuant to <U>Section&nbsp;9.13</U>, counterparts of the Novation Agreement with respect to each applicable
Target Group Hedge, duly executed by the applicable member of the Target Group, AR or one of its Affiliates;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(x)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>on
behalf of Seller and the Target Group, an aggregate amount of cash required to be paid to fully satisfy all outstanding Specified Indebtedness
(the &ldquo;<U>Payoff Amount</U>&rdquo;) to the applicable payees set forth in payoff letters delivered by Seller to Buyer prior to the
Closing (the &ldquo;<U>Payoff Letters</U>&rdquo;), by wire transfer of immediately available funds in the amounts and to the accounts
designated by such payees in such Payoff Letters; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(xi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
Management Side Letter, duly executed by AR and AM.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; text-transform: uppercase; color: #010000"><B>Article&nbsp;III
</B></FONT><B><BR>
TITLE MATTERS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;3.1&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Independent
Title Review</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Buyer
Independent Examination</U>. Subject to the other provisions of this <U>Section&nbsp;3.1</U>, Buyer and its representatives shall have
the right during the period (the &ldquo;<U>Examination Period</U>&rdquo;) from the Execution Date until 5:00 p.m.&nbsp;Central Standard
Time on January&nbsp;20, 2026 (such time, the &ldquo;<U>Claim Deadline</U>&rdquo;) to conduct land and title work on the Oil&nbsp;&amp;
Gas Assets, (&ldquo;<U>Independent Title Review</U>&rdquo;), and shall, by delivery of a Notice to Seller that complies with <U>Section&nbsp;3.1(d)</U>&nbsp;on
or before the Claim Deadline (a &ldquo;<U>Title Defect Notice</U>&rdquo;), assert the existence of alleged Title Defects with respect
to the Oil&nbsp;&amp; Gas Interests (each such assertion, a &ldquo;<U>Claim</U>&rdquo;). No Claims for Title Defects may be submitted
after the Claim Deadline, and, except with respect to any breach of <U>Section&nbsp;7.30</U> or under the R&amp;W Insurance Policy, any
matters that may otherwise constitute Title Defects, but for which Buyer has not delivered a Title Defect Notice to Seller prior to the
Claim Deadline, shall be deemed to have been waived by Buyer for all purposes and shall constitute Permitted Encumbrances. Subject to
the limitations expressly set forth in this Agreement, including those set forth in <U>Section&nbsp;9.1(c)</U>, <U>Section&nbsp;9.1(d)</U>&nbsp;and
<U>Section&nbsp;14.11</U>, during the Examination Period, Seller shall give, upon forty-eight (48) hours&rsquo; advance notice, Buyer
and its representatives (accompanied by Seller or its representatives, at Seller&rsquo;s sole discretion) reasonable access during normal
business hours to the Target Group&rsquo;s facilities, properties, and books and records in connection with Buyer&rsquo;s Independent
Title Review. To give Seller an opportunity to commence reviewing and curing alleged Title Defects asserted by Buyer, Buyer shall give
Seller, on or before the end of each calendar week during the Examination Period prior to the Claim Deadline, written notice of all alleged
Title Defects discovered by Buyer during such calendar week, which notice may be preliminary in nature and supplemented prior to the Claim
Deadline (and which notices shall not constitute Title Defect Notices for purposes of this Agreement unless they comply with the terms
of <U>Section&nbsp;3.1(d)</U>); <I>provided, however</I>, that Buyer&rsquo;s failure to timely deliver any such preliminary updates shall
not limit any claims validly made at or prior to the Claim Deadline and shall not be deemed a breach of any covenant. The fees, costs
and expenses incurred by Buyer in conducting its Independent Title Review or any other due diligence investigation shall be borne solely
by Buyer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>During
the Examination Period, Buyer shall maintain at its sole expense and with insurers reasonably satisfactory to Seller, policies of insurance
of the types and in amounts customary in the industry. Coverage under all insurance required to be carried by Buyer hereunder will (i)&nbsp;be
primary insurance, (ii)&nbsp;list Seller and its Affiliates and HG Energy as additional insureds to the extent of Buyer&rsquo;s obligations
under this Agreement only, (iii)&nbsp;waive subrogation against each of Seller and its Affiliates, and (iv)&nbsp;provide for five (5)&nbsp;days&rsquo;
prior notice to Seller in the event of cancellation or modification of the policy or reduction in coverage. Upon written request by Seller,
Buyer shall provide evidence of such insurance to Seller prior to gaining such access.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Allocated
Value</U>. The &ldquo;<U>Allocated Value</U>&rdquo; means (i)&nbsp;for each Unpooled Interest, as to a Target Formation listed on <U>Part&nbsp;2</U>
of <U>Annex A-1</U>, the dollar value set forth on <U>Part&nbsp;2</U> of <U>Annex A-1</U> for each such Unpooled Interest; (ii)&nbsp;for
each DSU as to a Target Formation listed on <U>Annex A-3</U>, the dollar value set forth on <U>Annex A-3</U> for each such DSU; and (iii)&nbsp;for
any Gathering System listed on <U>Annex A-5</U>, the dollar value set forth on <U>Annex&nbsp;A-5</U> for each such Gathering System. Seller
and the Companies have accepted such Allocated Values solely for purposes of determining any Title Defect Amounts, Title Benefit Amounts,
for the purposes described in <U>Section&nbsp;4.3(b)(iii)</U>&nbsp;and for purposes of sending notices of any Preferential Rights that
are applicable to the transactions contemplated by this Agreement, but otherwise make no representation or warranty as to the accuracy
of such values.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Title
Defect Notice</U>. In order to be valid for purposes of this Agreement, each Title Defect Notice asserting a claim for a Title Defect
must be in writing but may be made by email or uploading such Title Defect Notice to a sharefile or other document sharing site established
by the Parties for such purpose, and in each case is accessible to all of Seller&rsquo;s notice Parties specified in <U>Section&nbsp;14.1</U>,
and must include:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>a
description in reasonable detail of the alleged Title Defect;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
individual Unpooled Interest, Well or DSU, as applicable, affected by such alleged Title Defect (each a &ldquo;<U>Title Defect Property</U>&rdquo;)
including, for any Well or DSU, the associated Oil&nbsp;&amp; Gas Interest;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
Allocated Value of the Unpooled Interest, Well or DSU, as applicable, subject to the alleged Title Defect;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>if
the alleged Title Defect involves a shortfall in the Net Revenue Interest with respect to an Unpooled Interest, Well or DSU as to a Target
Formation, the alleged actual Net Revenue Interest for such Unpooled Interest, Well or DSU as to such Target Formation;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(v)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>if
the alleged Title Defect involves an excess of Working Interest share with respect to an Unpooled Interest, Well or DSU as to a Target
Formation, the alleged actual Working Interest share for such Unpooled Interest, Well or DSU as to such Target Formation;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(vi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>if
the alleged Title Defect involves a shortfall in Net Mineral Acres for an Unpooled Interest as to a Target Formation, the alleged actual
Net Mineral Acres of the Target Group for such Unpooled Interest as to such Target Formation;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(vii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>if
the alleged Title Defect is a Lien, Buyer&rsquo;s best estimate of the cost to remove such Lien;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(viii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>supporting
documents reasonably necessary for Seller (as well as any experienced title attorney or examiner hired by Seller) to verify the existence
of the alleged Title Defect;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(ix)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Buyer&rsquo;s
good faith estimate of the Title Defect Amount and the computations and information upon which Buyer&rsquo;s Title Defect assertion is
based; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(x)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>a
reasonably detailed description of any cures with respect to such Title Defect which would be acceptable to Buyer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Cure
of and Remedies for Title Defects</U>. Seller shall have the right, but not the obligation, in its sole discretion, to attempt to cure
(or to cause the Target Group to attempt cure prior to Closing) any asserted Title Defect until the date that is one hundred twenty (120)
days following the Closing Date (the &ldquo;<U>Cure Deadline</U>&rdquo;) by giving written notice to Buyer of its election to cure prior
to the Closing Date. If Seller elects to cure and actually cures the Title Defect prior to the Closing, then no Purchase Price adjustment
will be made for such Title Defect and Buyer will be deemed to have waived such Title Defect for all purposes of this <U>Article&nbsp;IV</U>
(but without limiting Buyer&rsquo;s rights under the R&amp;W Insurance Policy or for Fraud). Subject to Seller&rsquo;s continuing right
to cure or dispute the existence of a Title Defect or the Title Defect Amount asserted with respect thereto, in the event that any Title
Defect validly asserted by Buyer is not waived in writing by Buyer or cured prior to Closing, then, subject to the Title Threshold Amount
and the Title/Environmental Deductible Amount, Seller shall, at its sole discretion, elect to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>convey
the affected Title Defect Property to Buyer (indirectly by virtue of conveying the Target Interests) at Closing and reduce the Closing
Payment payable to Seller at Closing by the Title Defect Amount set forth in the Title Defect Notice for such Title Defect, taking into
account the Title/Environmental Deductible Amount, which Title Defect Amount will be deposited into an escrow sub-account established
pursuant to the Escrow Agreement (the &ldquo;<U>Defect Escrow Account</U>&rdquo;) at Closing; <I>provided</I>, <I>however</I>, that (A)&nbsp;if
Seller fails to cure such Title Defect on or before the expiration of the Cure Deadline, Seller and Buyer shall execute and deliver a
joint written instruction to the Escrow Agent to release the escrowed Title Defect Amount attributable to such Title Defect to Buyer or
(B)&nbsp;if Seller cures such Title Defect on or before the expiration of the Cure Deadline, Seller and Buyer shall execute and deliver
a joint written instruction to the Escrow Agent to release the escrowed Title Defect Amount attributable to such Title Defect to Seller;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>if
Seller does not elect to cure such asserted Title Defect, reduce the Purchase Price pursuant to <U>Section&nbsp;2.3(b)(ii)(B)</U>&nbsp;by
an amount equal to the Title Defect Amount attributable to such Title Defect; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>if
Buyer consents, indemnify Buyer and (after Closing) the Target Group against all Losses resulting from such Title Defect pursuant to a
customary indemnity agreement in a form mutually agreeable to the Parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Title
Defect Amount</U>. If Seller elects not to cure any such Title Defect or is unable to cure any such Title Defect prior to the Cure Deadline
as provided above, then the amount of each such Title Defect (the &ldquo;<U>Title Defect Amount</U>&rdquo;) shall be determined as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>if
Buyer and Seller agree in writing on the Title Defect Amount, then that amount shall be the Title Defect Amount;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>if
the Title Defect is a Lien that is liquidated in amount, then the Title Defect Amount shall be the amount reasonably necessary to remove
such Lien;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>if
the Title Defect represents a discrepancy between (A)&nbsp;the actual Net Revenue Interest for an Unpooled Interest, Well or DSU, as to
the Target Formation, and (B)&nbsp;the Net Revenue Interest set forth on <U>Part&nbsp;2</U> of <U>Annex A-1</U> for such Unpooled Interest,
on <U>Annex&nbsp;A-2</U> for such Well, or <U>Annex A-3</U> for such DSU, as applicable, as to such Target Formation (the &ldquo;<U>Scheduled
NRI</U>&rdquo;), then the Title Defect Amount shall be the product of (x)&nbsp;the Allocated Value of such Unpooled Interest, Well or
DSU, as applicable, for such Target Formation, <U>multiplied by</U> (y)&nbsp;a fraction (1)&nbsp;the numerator of which is the absolute
value of the amount of such discrepancy and (2)&nbsp;the denominator of which is the Scheduled NRI for the Target Formation for such Unpooled
Interest, Well or DSU, as applicable; <I>provided</I> that, if the Title Defect does not affect the applicable Unpooled Interest, Well
or DSU throughout its entire productive life, the Title Defect Amount determined pursuant to this <U>Section&nbsp;3.1(f)(iii)</U>&nbsp;shall
be reduced to take into account the applicable time period only;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>if
the Title Defect represents a discrepancy between (A)&nbsp;the actual Net Mineral Acres for an Unpooled Interest as to the Target Formation
and (B)&nbsp;the Net Mineral Acres set forth on <U>Part&nbsp;2</U> of <U>Annex A-1</U> for such Unpooled Interest as to the Target Formation
(the &ldquo;<U>Scheduled NMA</U>&rdquo;), then the Title Defect Amount shall be the product of (x)&nbsp;the Allocated Value of such Unpooled
Interest, as applicable, as to the Target Formation, <U>multiplied by</U> (y)&nbsp;a fraction (1)&nbsp;the numerator of which is the absolute
value of the amount of such discrepancy and (2)&nbsp;the denominator of which is the Scheduled NMA for the Target Formation for such Unpooled
Interest, as applicable; <I>provided</I> that, if the Title Defect does not affect the applicable Unpooled Interest throughout its entire
productive life, the Title Defect Amount determined pursuant to this <U>Section&nbsp;3.1(f)(iv)</U>&nbsp;shall be reduced to take into
account the applicable time period only;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(v)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>if
the Title Defect represents an obligation, encumbrance upon or other defect in title to the Title Defect Property of a type not described
above, or a Title Defect affects some but not all of the Target Formation pertaining to such Title Defect, then the Title Defect Amount
shall be determined by taking into account the Allocated Value of the affected Unpooled Interest, Well or DSU, the portion of the Unpooled
Interest, Well or DSU (or any associated Oil&nbsp;&amp; Gas Interest, including the depths) affected by the Title Defect, the legal effect
of the Title Defect, the potential economic effect of the Title Defect over the life of the affected Unpooled Interest, Well or DSU, and
such other reasonable factors as are necessary to make a proper evaluation;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(vi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>notwithstanding
anything to the contrary in this <U>Article&nbsp;III</U>, except in respect of <U>Section&nbsp;3.1(f)</U>&nbsp;above, the sum of all Title
Defect Amounts with respect to any particular Unpooled Interest, Well or DSU shall not exceed the Allocated Value of such Unpooled Interest,
Well or DSU, as applicable; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(vii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
Title Defect Amount with respect to a Title Defect shall be determined separately for each Title Defect Property, and without any duplication
of any costs or Losses for which Buyer otherwise receives credit in the calculation of the Purchase Price.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(g)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Title
Benefits</U>. If Seller discovers any Title Benefit on or before the expiration of the Cure Deadline, Seller shall, as soon as practicable
but in any case prior to 5:00 p.m.&nbsp;Central Time on the Cure Deadline, deliver a Notice in writing, which may be made by email or
uploading such Notice to a sharefile or other document sharing site established by the Parties for such purpose, provided such site is
accessible to all of Buyer&rsquo;s notice Parties specified in <U>Section&nbsp;14.1</U>, to Buyer, which shall include (i)&nbsp;a description
of the Title Benefit, (ii)&nbsp;the affected Unpooled Interest, Well or DSU (the &ldquo;<U>Title Benefit Property</U>&rdquo;) including,
for any Well or DSU, the associated Oil&nbsp;&amp; Gas Interests, (iii)&nbsp;the Allocated Value of such Title Benefit Property, (iv)&nbsp;the
Allocated Value of each such Title Benefit Property, the amount by which Seller reasonably believes the Allocated Value of each such Title
Benefit Property is increased by such Title Benefit, and the computations and information upon which Seller&rsquo;s Title Benefit discovery
is based and (v)&nbsp;supporting documents reasonably necessary for Buyer (as well as any experienced title attorney or examiner hired
by Buyer) to verify the existence of the alleged Title Benefit. Seller shall have the right, but not the obligation, to deliver to Buyer
a similar Notice on or before the expiration of the Examination Period with respect to each Title Benefit discovered by Seller. With respect
to each Title Benefit Property reported hereunder (or which Buyer should have reported hereunder), an amount (the &ldquo;<U>Title Benefit
Amount</U>&rdquo;) equal to the increase in the Allocated Value for such Title Benefit Property caused by such Title Benefit will be determined
and agreed to by the Parties as soon as practicable and in a manner similar to that used to determine Title Defect Amounts pursuant to
<U>Section&nbsp;3.1(f)</U>. Buyer shall also promptly furnish Seller with written notice of any Title Benefit (including a description
of such Title Benefit and the Title Benefit Properties which is discovered by Buyer); <I>provided, however</I>, that the failure to promptly
deliver any such notice shall not be deemed a breach of any covenant of Buyer as long as such notices are delivered by Buyer on or before
the Cure Deadline.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(h)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Dispute</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Seller
shall deliver written notice to Buyer prior to Closing, if it disputes any Title Defect claimed by Buyer. Seller and Buyer shall attempt
to agree on (x)&nbsp;the existence and Title Defect Amount for all Title Defects prior to Closing (or, with respect to Seller&rsquo;s
post-Closing curative work, on or before the Cure Deadline) and (y)&nbsp;the existence and Title Benefit Amounts for all Title Benefits
on or before the Cure Deadline. Any dispute with respect to the matters described in the preceding sentence that cannot be resolved by
mutual agreement of Seller and Buyer in the time periods provided shall be exclusively and finally resolved by arbitration under this
<U>Section&nbsp;3.1(h)</U>. If Buyer and Seller cannot agree upon the existence of a Title Defect (or cure thereof) or any Title Defect
Amount on or before the Closing Date, Seller shall convey the affected Title Defect Property to Buyer (indirectly by virtue of conveying
the Target Interests) at Closing and reduce the Closing Payment by the Title Defect Amount set forth in the Title Defect Notice for such
Title Defect, taking into account the Title/Environmental Deductible Amount, which Title Defect Amount will be deposited into (or retained
in) the Defect Escrow Account at Closing pending final resolution of such dispute in accordance with this <U>Section&nbsp;3.1(h)</U>.
Without limiting Seller&rsquo;s continuing right to assert Title Benefits until the Cure Deadline, if Seller and Buyer cannot agree on
the existence of any Title Benefits or the applicable Title Benefit Amount for Title Benefits asserted on or before the Closing Date,
the adjustments to the Closing Purchase Price with respect to Title Defects shall only take into account the Title Benefit Amounts agreed
by the Parties as of Closing; <I>provided</I>, that, any adjustments to the Final Purchase Price with respect to finally determined Title
Defects shall be offset by an amount equal to the Title Benefit Amounts of all finally determined Title Benefits, each as determined pursuant
to the terms of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>In
the event that any dispute is required to be resolved under this <U>Section&nbsp;3.1(h)</U>, the disagreement shall be resolved by a title
attorney with at least ten (10)&nbsp;years&rsquo; experience in oil and gas title matters in the geographic region where the Oil&nbsp;&amp;
Gas Assets are located who shall serve as the arbiter of any such disagreements (the &ldquo;<U>Title Arbitrator</U>&rdquo;). The Title
Arbitrator shall be selected by mutual agreement of Buyer and Seller, or absent such agreement, within three (3)&nbsp;Business Days of
becoming aware that such agreement cannot be made as to the selection of the Title Arbitrator, by the office of the American Arbitration
Association in Pittsburgh, Pennsylvania. The Title Arbitrator shall not have worked as an employee, contractor or outside counsel for
any of the Parties or their Affiliates during the ten (10)<B>-</B>year period preceding the arbitration or have any financial interest
in the dispute. The arbitration proceeding shall be held in Pittsburgh, Pennsylvania, and shall be conducted in accordance with the Commercial
Arbitration Rules&nbsp;of the American Arbitration Association, to the extent such rules&nbsp;do not conflict with the terms of this <U>Section&nbsp;3.1(h)</U>.
The Title Arbitrator&rsquo;s determination shall be made no later than two (2)&nbsp;Business Days prior to the date that Buyer is required
to deliver the Post-Closing Statement pursuant to <U>Section&nbsp;2.7(a)</U>&nbsp;hereof, and, absent manifest error, shall be final and
binding upon the Parties and enforceable against the Parties in any court of competent jurisdiction, without right of appeal. In making
its determination, the Title Arbitrator shall be bound by the terms set forth in this <U>Section&nbsp;3.1(h)</U>&nbsp;and may consider
such other matters as in the opinion of the Title Arbitrator are necessary or helpful to make a proper determination. Additionally, (A)&nbsp;the
Title Arbitrator may consult with and engage Third Parties (who have not worked as an employee, contractor or outside counsel for any
of the Parties or their Affiliates (including any Quantum Affiliated Party) during the ten (10)<B>-</B>year period preceding the arbitration
and do not have any financial interest in the dispute) to advise the arbitrator, including landmen, other title attorneys, and petroleum
engineers; and (B)&nbsp;the Title Arbitrator shall choose either Seller&rsquo;s position or Buyer&rsquo;s position with respect to each
matter addressed in a Title Defect Notice. The Title Arbitrator shall act as an expert for the limited purpose of determining the existence
of a Title Defect (or cure thereof) or Title Benefit and the specific disputed Title Defect Amounts and Title Benefit Amounts submitted
by any Party and may not award damages, interest, or penalties to either Party with respect to any other matter. Each of the Parties shall
bear its own legal fees and other costs of presenting its case. The costs and expenses of the Title Arbitrator shall be borne by Seller,
on the one hand, and Buyer, on the other hand, based upon the percentage which the aggregate portion of the contested amount not awarded
to each Party bears to the aggregate amount actually contested by such Party. Within two (2)&nbsp;Business Days following the final decision
of the Title Arbitrator, Seller and Buyer shall execute and deliver a joint written instruction to the Escrow Agent to release the Title
Defect Amount (or portion thereof) from the Defect Escrow Account so determined to be owed to either Party with respect to the applicable
dispute, in accordance with such decision.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Limitations
on Title Defects</U>. Notwithstanding anything in this Agreement to the contrary:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Buyer
shall not have any right to assert, or recover for hereunder (and no adjustment to the Purchase Price shall be made pursuant to <U>Section&nbsp;2.3(b)</U>&nbsp;for),
any individual Title Defect with a Title Defect Amount less than $150,000 (the &ldquo;<U>Title Threshold Amount</U>&rdquo;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Buyer
shall not have any right to assert, or recover for hereunder (and no adjustment to the Purchase Price shall be made pursuant to <U>Section&nbsp;2.3(b)</U>&nbsp;for),
any alleged Title Defect to the extent such Title Defect (A)&nbsp;arises under or pursuant to a Lease that Seller or a member of the Target
Group previously acquired from Buyer or an Affiliate of Buyer (a &ldquo;<U>Legacy Antero Lease</U>&rdquo;), (B)&nbsp;such alleged Title
Defect existed (and then only to the extent and magnitude that such Title Defect existed) at the time Seller or such member of the Target
Group acquired the Legacy Antero Lease from Buyer or its Affiliate;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>there
shall be no adjustment to the Purchase Price pursuant to <U>Section&nbsp;2.3(b)(ii)</U>&nbsp;for any Title Defects unless and until the
sum of the aggregate Title Defect Amounts of all uncured Title Defects in excess of the Title Threshold Amount, together with the sum
of each Environmental Defect Amount in excess of the Environmental Threshold Amount, exceeds the Title/Environmental Deductible Amount,
after which time Buyer shall be entitled to adjustments to the Purchase Price pursuant to <U>Section&nbsp;2.3(b)(ii)</U>&nbsp;only for
amounts in excess of the Title/Environmental Deductible Amount; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
aggregate Title Benefit Amounts shall only be applied as an offset to the aggregate finally determined Title Defect Amounts that exceed
the Title Threshold Amount and shall in no event increase the Purchase Price.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;3.2&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Exclusive
Rights and Obligations</U>. THIS <U>ARTICLE&nbsp;III</U> <FONT STYLE="text-transform: uppercase">AND <U>Section&nbsp;7.30</U></FONT> SET
FORTH THE SOLE AND EXCLUSIVE RIGHTS AND OBLIGATIONS OF THE PARTIES WITH RESPECT TO TITLE MATTERS RELATING TO ANY ASSET OR PROPERTY OF
THE TARGET GROUP,&nbsp;INCLUDING THE OIL&nbsp;&amp; GAS ASSETS. THE ONLY REPRESENTATIONS AND COVENANTS BEING MADE BY SELLER WITH RESPECT
TO THE TARGET GROUP&rsquo;S TITLE TO THE OIL&nbsp;&amp; GAS ASSETS ARE SET FORTH IN THIS <U>ARTICLE&nbsp;III</U> <FONT STYLE="text-transform: uppercase">and
<U>Section&nbsp;7.30</U> AND</FONT> REPRESENT BUYER&rsquo;S AND ITS AFFILIATES&rsquo; SOLE AND EXCLUSIVE REMEDIES WITH RESPECT TO TITLE
TO THE OIL&nbsp;&amp; GAS ASSETS. ANY AND ALL OTHER REPRESENTATIONS, WARRANTIES, OR COVENANTS OF TITLE BY THE TARGET GROUP OR SELLER,
OF ANY KIND OR NATURE, EITHER EXPRESS,&nbsp;IMPLIED, OR STATUTORY, WITH RESPECT TO THE OIL&nbsp;&amp; GAS ASSETS ARE HEREBY WAIVED AND
DISCLAIMED IN THEIR ENTIRETY. NOTWITHSTANDING THE FOREGOING, NOTHING IN THIS <U>SECTION&nbsp;3.2</U> SHALL PROHIBIT BUYER FROM MAKING
A CLAIM AGAINST THE R&amp;W INSURANCE POLICY FOR AN ALLEGED BREACH OF ANY REPRESENTATION OR WARRANTY SET FORTH IN THIS AGREEMENT OR A
CLAIM AGAINST SELLER OR ITS AFFILIATES FOR FRAUD.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; text-transform: uppercase; color: #010000"><B>Article&nbsp;IV
</B></FONT><B><BR>
ENVIRONMENTAL MATTERS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;4.1&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Examination
Period</U>. Subject to the other provisions of this <U>Article&nbsp;IV</U>, Buyer shall have the right during the Examination Period to
conduct environmental due diligence on the Oil&nbsp;&amp; Gas Assets on its own behalf and account (&ldquo;<U>Independent Environmental
Review</U>&rdquo;). The fees, costs, and expenses incurred by Buyer in conducting its Independent Environmental Review or any other due
diligence investigation shall be borne solely by Buyer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;4.2&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Access
to Oil&nbsp;&amp; Gas Assets and Records</U>. Subject to the limitations expressly set forth in this Agreement, including those set forth
in <U>Section&nbsp;9.1(c)</U>, <U>Section&nbsp;9.1(d)</U>&nbsp;and <U>Section&nbsp;14.11</U>, Seller shall provide Buyer and its representatives
access to the Oil&nbsp;&amp; Gas Assets to conduct an environmental review and access to and the right to copy, at Buyer&rsquo;s sole
expense, the records and other material environmental reports in the possession of Seller or the Target Group for the purpose of conducting
a customary environmental due diligence review of the Oil&nbsp;&amp; Gas Assets, but only to the extent (a)&nbsp;that Seller or the Target
Group, as applicable, may do so without violating applicable Laws, and (b)&nbsp;Seller or the Target Group, as applicable, has authority
to grant such access without breaching any obligations to any Third Party or obligation of confidentiality binding on Seller, any member
of the Target Group or the Oil&nbsp;&amp; Gas Assets, as applicable. Seller shall use commercially reasonable efforts to obtain permission
for Buyer to gain access to Oil&nbsp;&amp; Gas Assets operated by Third Parties and the records and files of such Third Parties to inspect
the condition of such properties, the Oil&nbsp;&amp; Gas Assets, records and files; <I>provided</I> that none of Seller or its Affiliates
shall be obligated to incur any cost, expense or obligation in connection with such commercially reasonable efforts. Such access by Buyer
shall be limited to the normal business hours of the Target Group or any Third Party operator of an Oil&nbsp;&amp; Gas Asset, as applicable,
and Buyer&rsquo;s investigation shall be conducted in a manner that reasonably minimizes interference with the operation of the business
of the Target Group and any applicable Third Party operator. Except as required by Law, Buyer and Buyer&rsquo;s representatives shall
keep and maintain confidential (and not disclose to any other Person, in whole or in part) any results of (or reports or other documents
arising from) Buyer&rsquo;s Independent Environmental Review and shall use such results, reports or other documents arising therefrom
solely for purposes of Buyer&rsquo;s diligence, including rights to remedies for Environmental Defects hereunder; <I>provided</I>, that
if the Closing should occur, the foregoing confidentiality restrictions and use restrictions on Buyer and Buyer&rsquo;s representatives
shall terminate except with respect to any Retained Assets. Notwithstanding anything herein to the contrary, for purposes of Buyer&rsquo;s
Independent Environmental Review and for any other access provided to Buyer pursuant to this <U>Section&nbsp;4.2</U>, Buyer shall only
be entitled to conduct a visual site inspection and Phase I Environmental Site Assessment (a &ldquo;<U>Phase I Environmental Site Assessment</U>&rdquo;
as defined in applicable ASTM standards) of the Oil&nbsp;&amp; Gas Assets. For the avoidance of doubt, Buyer shall not be permitted to
conduct testing or sampling with respect to any Oil&nbsp;&amp; Gas Asset, including invasive or intrusive surface or subsurface sampling
or testing commonly known as a Phase II of the Oil&nbsp;&amp; Gas Assets unless Buyer has first obtained Seller&rsquo;s prior written
consent, which consent may be given or withheld in Seller&rsquo;s sole discretion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;4.3&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Notice
of Environmental Defects</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Subject
to the other provisions of this <U>Article&nbsp;IV</U>, Buyer shall have the right, but not the obligation, in its sole discretion, by
delivery of a Notice to Seller that complies with <U>Section&nbsp;4.3(b)</U>, on or before the Claim Deadline (an &ldquo;<U>Environmental
Defect Notice</U>&rdquo;), to assert the existence of Environmental Defects with respect to the Oil&nbsp;&amp; Gas Assets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Each
Environmental Defect Notice asserting a claim for an Environmental Defect with respect to any Oil&nbsp;&amp; Gas Assets must be in writing,
which may be made by email or uploading such Environmental Defect Notice to a sharefile or other document sharing site established by
the Parties for such purpose, provided such site is accessible to all of Seller&rsquo;s notice Parties specified in <U>Section&nbsp;14.1</U>,
and must include:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>a
reasonably detailed description of the alleged Environmental Defect and the basis for such assertion under the terms of this Agreement
(including a reasonable description of the applicable Environmental Laws or Environmental Permits violated thereby; <I>provided </I>that
Buyer shall not be required to confirm every possible Environmental Law or Environmental Permit that may be violated or implicated thereby);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
Oil&nbsp;&amp; Gas Asset(s)&nbsp;affected by the alleged Environmental Defect (the &ldquo;<U>Environmental Defect Property</U>&rdquo;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
Allocated Value of each Environmental Defect Property, if any;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Buyer&rsquo;s
good faith estimate of the Environmental Defect Amount and a description of the method used to calculate the amount;&nbsp;and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(v)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
documents and information relied upon by Buyer and reasonably necessary for Seller to identify the basis for the alleged Environmental
Defect and calculate the Environmental Defect Amount.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>No
claims for Environmental Defects may be submitted after the Claim Deadline, and any matters that may otherwise constitute Environmental
Defects, but for which Buyer has not delivered an Environmental Defect Notice to Seller on or prior to the Claim Deadline, shall be deemed
to have been waived by Buyer for all purposes of this <U>Agreement</U> (but without limiting Buyer&rsquo;s rights under the R&amp;W Insurance
Policy or for Fraud). To give Seller an opportunity to commence reviewing and curing alleged Environmental Defects asserted by Buyer,
Buyer shall use commercially reasonable efforts to give Seller, on or before the end of each week during the Examination Period prior
to the Claim Deadline, written notice of all alleged Environmental Defects discovered by Buyer during such calendar week, which notice
may be preliminary in nature and supplemented prior to the Claim Deadline (and which notices shall not constitute Environmental Defect
Notices for purposes of this Agreement unless they comply with the terms of <U>Section&nbsp;4.3(b)</U>), <I>provided</I>, <I>however</I>,
that Buyer&rsquo;s failure to timely deliver any such preliminary updates shall not limit any claims validly made at or prior to the Claim
Deadline and shall not be deemed a breach of any covenant.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;4.4&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Cure
of and Remedies for Environmental Defects</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Seller
shall have the right, but not the obligation, to attempt to cure any Environmental Defect asserted by Buyer in accordance with the Lowest
Cost Response at any time prior to the Closing Date. If Seller cures an Environmental Defect in accordance with the Lowest Cost Response
prior to the Closing, then no Purchase Price adjustment will be made for such Environmental Defect, and Buyer will be deemed to have waived
such Environmental Defect for all purposes of this <U>Article&nbsp;IV</U> and <U>Section&nbsp;12.1(c)</U>. Subject to Seller&rsquo;s continuing
right to dispute the existence of an Environmental Defect or the Environmental Defect Amount asserted with respect thereto, in each case
pursuant to <U>Section&nbsp;4.5</U>, in the event that any Environmental Defect is not waived in writing by Buyer or fully cured prior
to Closing, then, subject to the Environmental Threshold Amount and the Title/Environmental Deductible Amount, the Parties shall reduce
the Purchase Price pursuant to <U>Section&nbsp;2.3(b)(ii)(C)</U>&nbsp;by the Environmental Defect Amount or such other amount as may be
agreed upon in writing by Seller and Buyer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Notwithstanding
anything to the contrary herein, with respect to any disputed Environmental Defects as of the Closing Date, the Closing Payment payable
to Seller at Closing shall be reduced by the Environmental Defect Amount set forth in the Environmental Defect Notice for such Environmental
Defect, taking into account the Title/Environmental Deductible Amount, which Environmental Defect Amount will be deposited into (or retained
in) the Defect Escrow Account at Closing until such defect is finally resolved in accordance with <U>Section&nbsp;4.5</U>. Subject to
the foregoing, and subject to and without limitation of any of Buyer&rsquo;s rights under the R&amp;W Insurance Policy, <U>Article&nbsp;V</U>,
or for Fraud, from and after the Closing, Buyer and the Target Group shall be deemed to have assumed full responsibility for all Losses,
costs and expenses attributable to such operations as may be necessary to cure, remediate, address, remove or remedy any Environmental
Defect and all Losses with respect thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;4.5&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Dispute</U>.
Seller shall deliver written notice to Buyer prior to Closing, if it disputes any Environmental Defect claimed by Buyer. Seller and Buyer
shall attempt to agree on the existence and Environmental Defect Amount for all Environmental Defects prior to Closing. If, with respect
to any of the Oil&nbsp;&amp; Gas Assets, Buyer and Seller cannot agree upon the existence of an Environmental Defect (or cure thereof)
or any Environmental Defect Amount on or before the Closing Date, (a)&nbsp;Seller shall convey the affected Oil&nbsp;&amp; Gas Asset to
Buyer (indirectly by virtue of conveying the Target Interests) at Closing and reduce the Closing Payment payable to Seller at Closing
by the Environmental Defect Amount set forth in the Environmental Defect Notice for such Environmental Defect, taking into account the
Title/Environmental Deductible Amount, which Environmental Defect Amount will be deposited into (or retained in) the Defect Escrow Account
at Closing and (b)&nbsp;such dispute shall be exclusively and finally resolved by arbitration under this <U>Section&nbsp;4.5</U>. Any
such dispute shall be resolved by a reputable environmental consultant or attorney with at least ten (10)&nbsp;years&rsquo; experience
in oil and gas environmental matters in the region in which the Oil&nbsp;&amp; Gas Assets are located, who shall serve as the arbiter
of any such disagreements (the &ldquo;<U>Environmental Arbitrator</U>&rdquo;). The Environmental Arbitrator shall be selected by mutual
agreement of Buyer and Seller, or absent such agreement, within three (3)&nbsp;Business Days of becoming aware that such agreement cannot
be made as to the selection of the Environmental Arbitrator, by the office of the American Arbitration Association in Pittsburgh, Pennsylvania.
The Environmental Arbitrator shall not have worked as an employee, contractor or outside counsel for any of the Parties or their Affiliates
(including any Quantum Affiliated Party) during the ten (10)&nbsp;year period preceding the arbitration or have any financial interest
in the dispute. The arbitration proceeding shall be held in Pittsburgh, Pennsylvania, and shall be conducted in accordance with the Commercial
Arbitration Rules&nbsp;of the American Arbitration Association, to the extent such rules&nbsp;do not conflict with the terms of this <U>Section&nbsp;4.5</U>.
The Environmental Arbitrator&rsquo;s determination shall be made no later than two (2)&nbsp;Business Days prior to the date that Buyer
is required to deliver the Post-Closing Statement pursuant to <U>Section&nbsp;2.7(a)</U>&nbsp;hereof, and, absent manifest error, shall
be final and binding upon the Parties and enforceable against the Parties in any court of competent jurisdiction, without right of appeal.
In making their determination, the Environmental Arbitrator shall be bound by the terms set forth in this <U>Section&nbsp;4.5</U> and
may consider such other matters as in the opinion of the Environmental Arbitrator are necessary or helpful to make a proper determination.
Additionally, (a)&nbsp;the Environmental Arbitrator may consult with and engage disinterested Third Parties (who have not worked as an
employee, contractor or outside counsel for any of the Parties or their Affiliates during the ten (10)<B>-</B>year period preceding the
arbitration and do not have any financial interest in the dispute) to advise the arbitrator, including other environmental consultants
and petroleum engineers, and (b)&nbsp;the Environmental Arbitrator shall choose either Seller&rsquo;s position or Buyer&rsquo;s position
with respect to each matter addressed in an Environmental Defect Notice. The Environmental Arbitrator shall act as an expert for the limited
purpose of determining the existence of an Environmental Defect and the specific disputed Environmental Defect Amounts submitted by any
Party and may not award damages, interest or penalties to any Party with respect to any other matter. Any decision rendered by the Environmental
Arbitrator pursuant hereto shall be final, conclusive and binding on the Parties and will be enforceable against any of the Parties in
any court of competent jurisdiction. Each of the Parties shall bear its own legal fees and other costs of presenting its case. Within
two (2)&nbsp;Business Days following the decision of the Environmental Arbitrator, Seller and Buyer shall execute and deliver a joint
written instruction to the Escrow Agent to release the Environmental Defect Amount (or portion thereof) from the Defect Escrow Account
so determined to be owed to either Party with respect to the applicable dispute, in accordance with such decision. The costs and expenses
of the Environmental Arbitrator shall be borne by Seller, on the one hand, and Buyer, on the other hand, based upon the percentage which
the aggregate portion of the contested amount not awarded to each Party bears to the aggregate amount actually contested by such Party.
Notwithstanding anything to the contrary herein, any Oil&nbsp;&amp; Gas Asset subject to dispute pursuant to this <U>Section&nbsp;4.5</U>
shall be conveyed to Buyer at Closing without adjustment to the Purchase Price (but subject to the adjustment to the Closing Payment contemplated
in <U>Section&nbsp;4.4(b)</U>) and Buyer&rsquo;s sole remedy with respect to any such dispute shall be compensation from the Escrow Account
consistent with the Environmental Arbitrator&rsquo;s decision.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;4.6&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Limitations
on Environmental Defects</U>. Notwithstanding anything in this Agreement to the contrary:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Buyer
shall not have any right to assert, or recover for hereunder (and no adjustment to the Purchase Price shall be made pursuant to <U>Section&nbsp;2.3(b)(ii)</U>&nbsp;for),
any individual Environmental Defect with an Environmental Defect Amount less than $300,000 (the &ldquo;<U>Environmental Threshold Amount</U>&rdquo;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
Parties agree that for purposes of calculating the Environmental Threshold Amount pursuant to <U>Section&nbsp;4.6(a)</U>, each Environmental
Defect shall be determined on a per event, occurrence, incident or release basis; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>there
shall be no adjustment to the Purchase Price pursuant to <U>Section&nbsp;2.3(b)(ii)</U>&nbsp;for any Environmental Defects unless and
until the sum of each Environmental Defect Amount in excess of the Environmental Threshold Amount, together with the sum of each Title
Defect Amount in excess of the Title Threshold Amount, exceeds the Title/Environmental Deductible Amount, after which time Buyer shall
be entitled to adjustments to the Purchase Price pursuant to <U>Section&nbsp;2.3(b)(ii)</U>&nbsp;only for amounts in excess of the Title/Environmental
Deductible Amount.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;4.7&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Exclusive
Rights and Obligations</U>. The rights and remedies granted to Buyer in this <U>Article&nbsp;IV</U>, <U>Article&nbsp;V</U> and <U>Section&nbsp;7.16</U>
are the exclusive rights and remedies against Seller and the Target Group related to any Environmental Liabilities, Environmental Conditions
or Environmental Defects, or Losses related thereto, relating to any asset or property of the Target Group, including the Oil&nbsp;&amp;
Gas Assets. Subject to and without limitation of any of Buyer&rsquo;s rights under the R&amp;W Insurance Policy or for Fraud, Buyer expressly
waives, and releases Seller and its Affiliates, and of their respective direct and indirect equityholders, partners, members, directors,
officers, managers, employees, agents and representatives from, any and all other rights and remedies it may have against Seller regarding
Environmental Defects, Environmental Liabilities or Environmental Conditions whether for contribution, indemnity or otherwise. The foregoing
is a specifically bargained for allocation of risk among the Parties, which the Parties agree and acknowledge satisfies the express negligence
rule&nbsp;and conspicuousness requirement under Texas Law. NOTWITHSTANDING THE FOREGOING, NOTHING IN THIS <FONT STYLE="text-transform: uppercase"><U>Section&nbsp;4.7</U></FONT>
SHALL PROHIBIT BUYER FROM MAKING A CLAIM AGAINST THE R&amp;W INSURANCE POLICY FOR AN ALLEGED BREACH OF ANY REPRESENTATION AND WARRANTY
SET FORTH IN THIS AGREEMENT OR A CLAIM AGAINST SELLER OR ITS AFFILIATES FOR FRAUD.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; text-transform: uppercase; color: #010000"><B>Article&nbsp;V
</B></FONT><B><BR>
CASUALTY&nbsp;&amp; CONDEMNATION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;5.1&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Casualty
and Condemnation</U>. Subject to the other terms of this <U>Article&nbsp;V</U>, <U>Section&nbsp;12.1(c)</U>&nbsp;and <U>Section&nbsp;12.2(a)</U>,
if at any time after the Execution Date and prior to the Closing, any portion of the Oil&nbsp;&amp; Gas Asset is (a)&nbsp;damaged or destroyed
by fire or other casualty loss (not including normal wear and tear or reservoir changes) or (b)&nbsp;expropriated or taken into condemnation
or under right of eminent domain (<U>clauses (a)</U>&nbsp;and <U>(b)</U>&nbsp;each, a &ldquo;<U>Casualty Loss</U>&rdquo;), (i)&nbsp;the
Parties shall nevertheless be required to consummate the Closing and (ii)&nbsp;at Closing, Seller, if applicable, shall contribute to
the Target Group all sums paid to Seller or its Affiliates or HG Energy (other than the Target Group) by Third Parties by reason of any
Casualty Losses insofar as with respect to the Oil&nbsp;&amp; Gas Assets and shall assign, transfer and set over to the Target Group or
subrogate the Target Group to all of Seller&rsquo;s (and its Affiliates&rsquo;, but excluding the Target Group&rsquo;s), or HG Energy&rsquo;s
right, title and interest (if any) in insurance claims and the ability and right to claim, unpaid awards and other rights, in each case,
against Third Parties arising out of any and all such Casualty Losses.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; text-transform: uppercase; color: #010000"><B>Article&nbsp;VI
</B></FONT><B><BR>
REPRESENTATIONS AND WARRANTIES REGARDING SELLER</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Seller hereby represents and
warrants to Buyer as of the Execution Date and as of the Closing Date as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;6.1&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Organization</U>.
Seller is duly organized, validly existing, and in good standing (or equivalent) under the Laws of the State of Delaware and, under the
Laws of each state or other jurisdictions where the actions to be performed by Seller hereunder makes such qualification or licensing
necessary, except in those states or other jurisdictions where the failure to be so qualified or licensed would not reasonably be expected
to, individually or in the aggregate, prevent or materially delay the consummation by Seller of the transactions contemplated by this
Agreement or the other Related Agreements to which Seller is, or will be, a party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;6.2&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Authority</U>.
Seller has all requisite power and authority to execute and deliver this Agreement and the Related Agreements to which it is a party and
to perform its obligations hereunder and thereunder. The execution, delivery, and performance of this Agreement and the Related Agreements
to which it is a party, and the consummation of the transactions contemplated hereby and thereby have been duly and validly authorized
by all requisite action on the part of Seller.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;6.3&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Enforceability</U>.
This Agreement and each Related Agreement to which Seller is a party has been duly and validly executed and delivered by Seller and, assuming
that this Agreement and each Related Agreement has been duly and validly executed and delivered by the other parties hereto and thereto,
constitutes a legal, valid and binding agreement of Seller, enforceable against it in accordance with its terms, subject to (a)&nbsp;applicable
bankruptcy, insolvency, reorganization, moratorium and other similar Laws of general application from time to time in effect that affect
creditors&rsquo; rights generally and (b)&nbsp;general principles of equity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;6.4&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Title
to Target Interests</U>. Seller is the direct, record owner and beneficial owner of the Target Interests, free and clear of all Liens
and at the Closing, the delivery by Seller to Buyer of the Assignment Agreements will vest Buyer with good and valid title to all of the
Target Interests held by Seller free and clear of all Liens, in each case, except for Liens arising under federal and state Securities
Laws, arising pursuant to the Governing Documents of each Company or imposed by Buyer or any of its Affiliates following the Closing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;6.5&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>No
Violation or Breach</U>. Except as set forth on <U>Schedule&nbsp;6.5</U> and assuming receipt of all applicable consents and approvals
(including under the HSR Act) required in connection with the consummation of the transactions contemplated hereby, neither the execution
and delivery of this Agreement nor the Related Agreements to which Seller is a party nor the consummation of the transactions and performance
of the terms and conditions hereof and thereof by Seller will (a)&nbsp;result in a violation or breach of any provision of the Governing
Documents of Seller or any resolution adopted by Seller&rsquo;s board of directors, managers or officers, (b)&nbsp;contravene, violate
or conflict with, or permit the cancellation, termination, acceleration or modification of any terms by a Third Party of, or constitute
a default (or an event that, with notice or lapse of time or both, would become a default) under, result in the termination or acceleration
of the maturity of, or result in the loss of a material benefit or increase in any fee, liability, obligation under, any Contract under
which Seller is bound, (c)&nbsp;contravene, violate or conflict with any Law or Order applicable to Seller, any of its Affiliates or its
assets (including the Oil&nbsp;&amp; Gas Assets), (d)&nbsp;contravene, conflict with or result in a violation of any of the terms or requirements
of, or give any Governmental Authority the right to revoke, withdraw, suspend, cancel, terminate or modify, any Governmental Approval
that relates to the Oil&nbsp;&amp; Gas Assets, or (e)&nbsp;result in the imposition or creation of any material Lien upon or with respect
to any of the Target Interests or Oil&nbsp;&amp; Gas Assets, except for Permitted Encumbrances, except in each case of <U>clauses (b)</U>&nbsp;through
<U>(e)</U>&nbsp;above, where such violation, conflict cancellation, termination acceleration, default, consent, loss, increase, creation
or imposition would not have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;6.6&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Brokerage
Arrangements</U>. Except as set forth on <U>Schedule&nbsp;6.6</U>, Seller has not entered into (directly or indirectly) any Contract with
any Person that would require the payment by the Target Group or Buyer or its Affiliates of a commission, brokerage, or &ldquo;finder&rsquo;s
fee,&rdquo; or other similar fee in connection with this Agreement, the Related Agreements, or the transactions contemplated hereby or
thereby.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;6.7&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Litigation</U>.
As of the Execution Date, neither Seller nor any of its Affiliates (other than the Target Group) are subject to any pending or, to Seller&rsquo;s
Knowledge, threatened Proceeding at Law or in equity or any Order, injunction, judgment or decree of a Governmental Authority which could
reasonably be expected to have the effect of restricting, making illegal or otherwise prohibiting (a)&nbsp;Seller&rsquo;s ability to perform
its obligations under this Agreement or the Related Agreements or (b)&nbsp;the consummation of the transactions contemplated by this Agreement
and the Related Agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;6.8&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Bankruptcy</U>.
There are no bankruptcy, reorganization or arrangement proceedings pending, being contemplated by Seller or any of its Affiliates or,
to Seller&rsquo;s Knowledge, threatened against Seller or any of its Affiliates and Seller and its Affiliates (a)&nbsp;are and will be
able to pay their debts as they mature and (b)&nbsp;are and will be solvent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; text-transform: uppercase; color: #010000"><B>Article&nbsp;VII
</B></FONT><B><BR>
REPRESENTATIONS AND WARRANTIES REGARDING THE COMPANIES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Seller (on behalf of the Companies
and the Company Subsidiaries) hereby represent and warrant to Buyer as of the Execution Date and as of the Closing Date as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.1&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Organization</U>.
Each member of the Target Group is a limited liability company duly formed, validly existing, and in good standing under the Laws of the
State of Delaware. Each member of the Target Group has all requisite power and authority to own, lease and operate its properties, rights
or assets, carry on its businesses as now being conducted, and to carry out the transactions contemplated by this Agreement. Each member
of the Target Group is duly qualified or licensed to do business and in good standing (or equivalent) in each jurisdiction where the character
of its business or the nature of its properties, rights or assets makes such qualification or licensing necessary, except where the failure
to be so qualified or be licensed would not have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.2&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Authority;
Governing Documents</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Each
Company has all requisite power and authority to execute and deliver this Agreement and the Related Agreements to which it is or will
become a party and to perform its obligations hereunder and thereunder. The execution, delivery, and performance of this Agreement and
the Related Agreements to which it is or will be a party and the consummation of the transactions contemplated hereby and thereby have
been duly and validly authorized by all requisite action on the part of each Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Seller
has made available to Buyer complete and accurate copies of the Governing Documents and all board consents and written resolutions of
the members of the Target Group.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.3&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Enforceability</U>.
This Agreement and each Related Agreement to which any member of the Target Group is or will be a party has been duly and validly executed
and delivered by each applicable member of the Target Group and, assuming that this Agreement and each Related Agreement has been duly
and validly executed and delivered by the other parties hereto and thereto, constitutes a legal, valid and binding agreement of each applicable
member of the Target Group, enforceable against it in accordance with its terms, subject to (a)&nbsp;applicable bankruptcy, insolvency,
reorganization, moratorium, and other similar Laws of general application from time to time in effect that affect creditors&rsquo; rights
generally, and (b)&nbsp;general principles of equity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.4&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Capitalization</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Schedule
7.4</U> sets forth, for each member of the Target Group, a true and complete list that accurately reflects all of the issued and outstanding
Target Interests and the record and beneficial owners thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>The
authorized Membership Interests of HG II Production consist solely of the HG II Production Interests which are not certificated. All outstanding
Membership Interests of HG II Production are duly authorized and validly issued. Except for the HG II Production Interests, there are
no outstanding (i)&nbsp;Membership Interests or other voting Securities of HG II Production, (ii)&nbsp;Securities of HG II Production
or any other Person convertible into or exchangeable or exercisable for Membership Interests or other voting Securities of, or any other
interest in, HG II Production and (iii)&nbsp;subscriptions, options, warrants, calls, rights (including preemptive rights), equity appreciation,
phantom equity, profit participation, redemption rights, commitments, understandings or agreements to which HG II Production is a party
or by which it is bound obligating HG II Production to issue, grant, transfer, convey, assign, deliver, sell, purchase, redeem or acquire
Membership Interests or other voting Securities of, or any other interest in, HG II Production (or Securities convertible into or exchangeable
or exercisable for Membership Interests or other voting Securities of, or any other interest in, HG II Production) or obligating HG II
Production to grant, extend or enter into any such subscription, option, warrant, call, right, commitment, understanding or agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>The
authorized Membership Interests of HG II Midstream Holdings consist solely of the HG II Midstream Holdings Interests which are not certificated.
All outstanding Membership Interests of HG II Midstream Holdings are duly authorized, validly issued, fully paid and non-assessable. Except
for the HG II Midstream Holdings Interests, there are no outstanding (i)&nbsp;Membership Interests or other voting Securities of HG II
Midstream Holdings, (ii)&nbsp;Securities of HG II Midstream Holdings or any other Person convertible into or exchangeable or exercisable
for Membership Interests or other voting Securities of, or any other interest in, HG II Midstream Holdings and (iii)&nbsp;subscriptions,
options, warrants, calls, rights (including preemptive rights), equity appreciation, phantom equity, profit participation, redemption
rights, commitments, understandings or agreements to which HG II Midstream Holdings is a party or by which it is bound obligating HG II
Midstream Holdings to issue, grant, transfer, convey, assign, deliver, sell, purchase, redeem or acquire Membership Interests or other
voting Securities of, or any other interest in, HG II Midstream Holdings (or Securities convertible into or exchangeable or exercisable
for Membership Interests or other voting Securities of, or any other interest in, HG II Midstream Holdings) or obligating HG II Midstream
Holdings to grant, extend or enter into any such subscription, option, warrant, call, right, commitment, understanding or agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>The
authorized Membership Interests of each the Company Subsidiaries, collectively, consist solely of the Subsidiary Interests. All outstanding
Membership Interests of each of the Company Subsidiaries are duly authorized, validly issued, fully paid and non-assessable. Except for
the Subsidiary Interests, there are no outstanding (i)&nbsp;Membership Interests or other voting Securities of the Company Subsidiaries,
(ii)&nbsp;Securities of the Company Subsidiaries or any other Person convertible into or exchangeable or exercisable for Membership Interests
or other voting Securities of, or any other interest in, the Company Subsidiaries, and (iii)&nbsp;subscriptions, options, warrants, calls,
rights (including preemptive rights), equity appreciation, phantom equity, profit participation, redemption rights, commitments, understandings
or agreements to which the Company Subsidiaries are a party or by which they are bound obligating the Company Subsidiaries to issue, grant,
transfer, convey, assign, deliver, sell, purchase, redeem or acquire Membership Interests or other voting Securities of, or any other
interest in, the Company Subsidiaries (or Securities convertible into or exchangeable or exercisable for Membership Interests or other
voting Securities of, or any other interest in, the Company Subsidiaries) or obligating either Company to grant, extend or enter into
any such subscription, option, warrant, call, right, commitment, understanding or agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>No
Membership Interests of any member of the Target Group have been reserved for issuance or issued in violation of, and none are subject
to, any preemptive rights, purchase or call options, drag-along rights, tag-along rights, subscription rights, rights of first refusal
or other similar rights except as set forth in the Governing Documents of the Target Group or this Agreement. Without limiting the generality
of the foregoing, none of the Target Interests or Subsidiary Interests are subject to any voting trust, voting agreement or other agreement,
right, instrument or understanding relating to any purchase, sale, issuance, transfer, repurchase, redemption or voting of any Membership
Interests of any member of the Target Group other than this Agreement. There are, and there will be as of the Closing, no outstanding
stock appreciation, phantom stock, profit participation or similar rights which are obligations of any member of the Target Group. There
are no bonds, debentures, notes or other indebtedness of any member of the Target Group having the right to vote or consent (or, convertible
into, or exchangeable for, Securities having the right to vote or consent) on any matters on which holders of Membership Interests of
any member of the Target Group may vote.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Other
than the Company Subsidiaries, HG II Production and HG II Midstream Holdings do not own any Securities or interests in, or have any investments
in, any Person, and the Companies do not have any Subsidiaries or directly or indirectly owns, of record or beneficially, any interest
in, or any interest convertible into, exercisable for the purchase of, or exchangeable for any such interest. There are no current or
prospective obligations, contingent or otherwise, of the Companies to provide funds to, or make any investment in (in the form of a loan,
capital contribution or otherwise), or provide any guarantee with respect to the obligations of, any Person. HG II Production is the direct
owner and beneficial owner of the Subsidiary Interests of HG II Appalachia. HG II Midstream Holdings is the direct owner and beneficial
owner of the Subsidiary Interests of HG II Midstream. Each of HG II Production and HG II Midstream Holdings owns it respective Subsidiary
Interests free and clear of all Liens, except for Liens (A)&nbsp;arising under federal and state Securities Laws, (B)&nbsp;arising pursuant
to the Governing Documents of each Company Subsidiary, (C)&nbsp;imposed by Buyer or any of its Affiliates or (D)&nbsp;that will be released
at or concurrently with Closing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(g)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>The
Company Subsidiaries do not own any Securities or interests in, or have any investments in, any Person, and the Company Subsidiaries do
not have any Subsidiaries or directly or indirectly owns, of record or beneficially, any interest in, or any interest convertible into,
exercisable for the purchase of, or exchangeable for any such interest. There are no current or prospective obligations, contingent or
otherwise, of the Company Subsidiaries to provide funds to, or make any investment in (in the form of a loan, capital contribution or
otherwise), or provide any guarantee with respect to the obligations of, any Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(h)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>All
of the Membership Interests of the members of the Target Group were issued in compliance with applicable Laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>No
member of the Target Group is party to any Contract that obligates it to (and does not otherwise have any obligation to, except as required
under Securities Laws) register for resale any debt securities or equity interests of such member of the Target Group.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.5&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>No
Violation or Breach</U>. Except as set forth on <U>Schedule&nbsp;7.5</U>, and assuming the receipt of all applicable consents and approvals
(including under the HSR Act) required in connection with the consummation of the transactions contemplated hereby, neither the execution
and delivery of this Agreement or the Related Agreements to which it is or will be a party nor the consummation of the transactions and
performance of the terms and conditions hereof and thereof by either Company will (with or without notice or lapse of time), (a)&nbsp;result
in a violation or breach of any provision of the Governing Documents of the Target Group; (b)&nbsp;contravene, violate or conflict with,
or permit the cancellation, termination, acceleration or modification of any terms by a Third Party of, or constitute a material default
(or an event that, with notice or lapse of time or both, would become a material default) under, result in the termination or acceleration
of the maturity of, or result in the loss of a material benefit or increase in any fee, liability, obligation under, any Contract under
which the Target Group may be subject; (c)&nbsp;contravene, violate or conflict with any Law or Order applicable to the Target Group or
the Oil&nbsp;&amp; Gas Assets; (d)&nbsp;result in or require the creation or imposition of, any Lien, other than a Permitted Encumbrance,
upon or with respect to the Target Group or the Target Interests, or (e)&nbsp;contravene, conflict with or result in a violation of any
of the terms or requirements of, or give any Governmental Authority the right to revoke, withdraw, suspend, cancel, terminate or modify,
any Governmental Approval that relates to the Oil&nbsp;&amp; Gas Assets, except in each case of clauses <U>(b)</U>&nbsp;through <U>(e)</U>&nbsp;above,
where such violation, conflict cancellation, termination acceleration, default, consent, loss, increase, creation or imposition would
not have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.6&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Consents;
Preferential Rights</U>. Except as set forth on <U>Schedule&nbsp;7.6</U>, and except any filings required under the HSR Act, (a)&nbsp;other
than Customary Post-Closing Consents, no Consent, approval, authorization, or permit of, or filing with or notification to, any Person
by any member of the Target Group is required for or in connection with the execution and delivery of this Agreement and the Related Agreements
to which it is or will be a party, or in connection with the consummation of the transactions and performance of the terms and conditions
contemplated hereby or thereby; and (b)&nbsp;there are no Preferential Rights, tag-along rights, drag-along rights or other similar rights
that are applicable to the transfer of the Target Interests to Buyer or otherwise in connection with the transactions contemplated hereby.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.7&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Brokerage
Arrangements</U>. Except as set forth on <U>Schedule&nbsp;7.7</U>, none of the Companies nor any of their respective Affiliates has entered
into (directly or indirectly) any Contract with any Person that would require the payment by the Target Group or Buyer or its Affiliates
of a commission, brokerage or &ldquo;finder&rsquo;s fee,&rdquo; or other similar fee in connection with this Agreement, the Related Agreements,
or the transactions contemplated hereby or thereby.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.8&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Litigation</U>.
Except as set forth on <U>Schedule&nbsp;7.8</U> or for any matter that has not had (and could not reasonably be excepted to have) a Material
Adverse Effect, (a)&nbsp;there is no Proceeding pending or, to Seller&rsquo;s Knowledge, threatened in writing against the Target Group,
and (b)&nbsp;the Target Group is not subject to any Order, injunction, judgment or decree of a Governmental Authority material to the
business of the Target Group (other than Orders, decrees, judgments and similar promulgations by Governmental Authorities that are generally
applicable to the operation of oil and gas assets similar to the Oil&nbsp;&amp; Gas Assets (or to owners or operators thereof) or that
are required to be obtained in the ordinary course) which could reasonably be expected to have the effect of restricting, making illegal
or otherwise prohibiting (i)&nbsp;Seller&rsquo;s or the Target Group&rsquo;s ability to perform their respective obligations under this
Agreement or the Related Agreements or (ii)&nbsp;the consummation of the transactions contemplated by this Agreement and the Related Agreements.
Except as set forth on <U>Schedule 7.8</U>, or for any matter that has not had (and could not reasonably be excepted to have) a Material
Adverse Effect, neither Seller, any member of the Target Group, nor any of their Affiliates has received any written claim, written notice
or other written statement claiming any Loss, strict liability, tort, violation of any Law or any investigation (in each case) with respect
to the ownership or operation of the Oil&nbsp;&amp; Gas Assets, which remains unresolved.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.9&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Compliance
with Laws</U>. Except as set forth on <U>Schedule&nbsp;7.9</U>, (a)&nbsp;there is no uncured material violation by the Target Group of
any Laws (excluding Tax Laws and Environmental Laws, which are addressed in <U>Section&nbsp;7.12</U> and <U>Section&nbsp;7.16</U>, respectively),
(b)&nbsp;except for any matter that has not had (and could not reasonably be excepted to have) a Material Adverse Effect, the Oil&nbsp;&amp;
Gas Assets have, been owned and operated (where Seller or any of its Affiliates is the operator) by Seller or its Affiliates, or by HG
Energy, in compliance in all material respects with all applicable Laws and (c)&nbsp;Seller nor any of its Affiliates nor HG Energy are
subject to any material fines or penalties levied by any Governmental Authorities with respect to the ownership and operation of the Oil&nbsp;&amp;
Gas Assets. Neither Seller nor its Affiliates, nor HG Energy, has received any written notice of a material violation of any Law (excluding
Tax Laws and Environmental Laws, which are addressed in <U>Section&nbsp;7.12</U> and <U>Section&nbsp;7.16</U>, respectively) with respect
to the Oil&nbsp;&amp; Gas Assets that remains unresolved as of the Execution Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.10&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Financial
Statements and Reserve Report</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Schedule&nbsp;7.10(a)</U>&nbsp;sets forth copies of (collectively,
the&nbsp;&ldquo;<U>Financial Statements</U>&rdquo;) (i)&nbsp;Seller&rsquo;s audited consolidated balance sheet as of
December&nbsp;31, 2024, December&nbsp;31, 2023, and December&nbsp;31, 2022 and related consolidated statements of operations,
statements of changes in members&rsquo; equity and statements of cash flows for the fiscal years ended December&nbsp;31, 2024, and
December&nbsp;31, 2023, and (ii)&nbsp;Seller&rsquo;s unaudited condensed consolidated balance sheet as of September&nbsp;30, 2025
(the &ldquo;<U>Balance Sheet Date</U>&rdquo;) and related condensed statement of operations and condensed statement of cash flows
for the nine (9)-month period ended September&nbsp;30, 2025 (collectively, the &ldquo;<U>Interim Financial
Statements</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Except
as set forth on <U>Schedule&nbsp;7.10(b)</U>, or as otherwise disclosed in the notes thereto, and subject in the case of the Interim Financial
Statements, to the absence of footnotes and recurring year-end adjustments, each Financial Statement presents fairly in all material respects
the consolidated financial condition of Seller and its Subsidiaries as of the respective dates thereof and the consolidated operating
results of Seller and its Subsidiaries for the periods covered thereby, in each case in conformity with GAAP in all material respects
consistently applied throughout the periods indicated by the Target Group and presents fairly, in all material respects, the financial
position, results of operations and cash flows of the Target Group as of the indicated dates and for the periods indicated therein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>There
are no liabilities of or with respect to the Target Group that would be required by GAAP to be reserved, reflected, or otherwise disclosed
on a consolidated balance sheet of the Target Group other than (i)&nbsp;as set forth in <U>Schedule 7.10(c)</U>&nbsp;or the other Schedules,
(ii)&nbsp;liabilities accrued, reserved, reflected, or otherwise disclosed in the Financial Statements, (iii)&nbsp;liabilities incurred
in the ordinary course of business consistent with past practice after the date of applicable Financial Statements, (iv)&nbsp;liabilities
reflected in or taken into account in connection with the calculation of Working Capital Liabilities or by downward adjustment to the
Purchase Price, (v)&nbsp;liabilities under this Agreement and the other Related Agreements or incurred in connection with the transactions
contemplated by this Agreement and the other Related Agreements or (vi)&nbsp;as would not result in a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Schedule
7.10(d)</U>&nbsp;sets forth a copy of Seller&rsquo;s reserve report relating to the assets of the Target Group as of December&nbsp;31,
2024, prepared or audited by an independent petroleum engineering firm.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.11&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>No
Material Adverse Effect; Absence of Changes</U>. Except as set forth on <U>Schedule&nbsp;7.11</U>, since the Balance Sheet Date, (a)&nbsp;each
member of the Target Group has, and, with respect to the Target Group and the Oil&nbsp;&amp; Gas Assets, each of Seller and HG Energy
has, conducted its business (i)&nbsp;in the ordinary course of business consistent with past practice in all material respects or (ii)&nbsp;as
otherwise contemplated by this Agreement; and (b)&nbsp;there has not been any event, condition, change, circumstance, set of facts, occurrence
or development that has had, or could reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.12&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Taxes</U>.
Except as set forth on <U>Schedule&nbsp;7.12</U>:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>All
material Tax Returns required to be filed by or with respect to any member of the Target Group or with respect to the Oil&nbsp;&amp; Gas
Assets have been timely filed and such Tax Returns are accurate, complete and correct in all material respects.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>All
material Taxes due and payable by or with respect to any member of the Target Group or with respect to the Oil&nbsp;&amp; Gas Assets have
been paid.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Each
of the Companies and the Company Subsidiaries is, and always has been, treated as an entity disregarded as separate from Seller for U.S.
federal Income Tax purposes and no election has been made, to treat any Company or Company Subsidiary as an association taxable as a corporation
for U.S. federal Income Tax purposes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>No
Oil&nbsp;&amp; Gas Asset is subject to any tax partnership agreement or is otherwise treated, or required to be treated, as held in an
arrangement requiring a partnership Income Tax return to be filed under Subchapter K of Chapter 1 of Subtitle A of the Code or any similar
state statute (other than as a result of Seller&rsquo;s indirect ownership of such Oil&nbsp;&amp; Gas Asset).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><FONT STYLE="background-color: white">All
Tax withholding and deposit requirements imposed on or with respect to any member of the Target Group or with respect to the Oil&nbsp;&amp;
Gas Assets have been satisfied in all material respects</FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>No
member of the Target Group (i)&nbsp;is a party to or bound by any Tax sharing, allocation or indemnity agreement or arrangement (other
than pursuant to any commercial agreement containing customary Tax allocation or gross-up provisions entered into in the ordinary course
of business and not primarily related to Taxes (a &ldquo;<U>Customary Contract</U>&rdquo;)), (ii)&nbsp;has any liability for the Taxes
of any Person (other than with respect to a member of the Target Group) under Treasury Regulations Section&nbsp;1.1502-6 (or any corresponding
provisions of U.S. state or local or non-U.S. Law), as a transferee or successor, by contract (other than a Customary Contract) or otherwise,
and (iii)&nbsp;has ever been a member of any affiliated, combined, consolidated, unitary or similar group with respect to any Taxes, including
any affiliated group within the meaning of Section&nbsp;1504 of the Code electing to file consolidated U.S. federal income Tax Returns
and any similar group under U.S. state or local or non-U.S. Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(g)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>No
member of the Target Group has received written notice of any proposed or threatened audit, assessment or adjustment with respect to Taxes
or Tax Returns of or with respect to any member of the Target Group or the Oil&nbsp;&amp; Gas Assets that has not been finally resolved,
withdrawn or settled<FONT STYLE="background-color: white">.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(h)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><FONT STYLE="background-color: white">No
Tax audits or administrative or judicial Proceedings are being conducted, pending or threatened in writing with respect to any member
of the Target Group or with respect to the Oil&nbsp;&amp; Gas Assets</FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>No
member of the Target Group has participated in any &ldquo;listed transaction&rdquo; as defined in Treasury Regulations Section&nbsp;1.6011-4(b).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(j)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>No
closing agreements, private letter rulings, technical advice memoranda or similar agreements or rulings related to Taxes have been entered
into with, issued by, or requested from any Taxing Authority, in each case in respect of any member of the Target Group.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(k)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>There
are no liens for Taxes (other than liens described in clause (c)&nbsp;of Permitted Encumbrances) on any of the Target Interests or any
of the Oil&nbsp;&amp; Gas Assets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(l)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>There
is not currently in effect, and no member of the Target Group has consented to, any extension or waiver of any statute of limitations
of any jurisdiction regarding the assessment or collection of any amounts of Taxes with respect to the Target Group, and no power of attorney,
that is currently in effect, has been granted with respect to any matter relating to Asset Taxes or Taxes of a member of the Target Group.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(m)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>No
claim has been made by any Taxing Authority in any jurisdiction in which a member of the Target Group does not file Tax Returns that any
Tax Return is or may be required to be filed in such jurisdiction with respect to such member of the Target Group.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(n)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Each
member of the Target Group is in material compliance with all applicable Laws relating to unclaimed or abandoned property, and no member
of the Target Group is subject to, nor has received notice of, any audit or proceeding relating to any escheat or unclaimed or abandoned
property obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.13&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Contracts</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Schedule
7.13(a)</U>&nbsp;sets forth, as of the Execution Date, the following Contracts to which any member of the Target Group is a party (including
as the successor in interest to the original party), or, to Seller&rsquo;s Knowledge, which is otherwise binding on any member of the
Target Group or their respective Oil&nbsp;&amp; Gas Assets (each, a &ldquo;<U>Material Contract</U>&rdquo;):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
Contract for the (A)&nbsp;sale, purchase, supply, exchange or other disposition of Hydrocarbons or (B)&nbsp;gathering, treatment, transportation,
processing, storage, marketing or similar Contract (including any Contracts that provides for a dedication or volume commitments) of Hydrocarbons,
in each case, which cannot be terminated by the applicable member of the Target Group party thereto on not greater than ninety (90) days&rsquo;
notice;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
Contract that is an indenture, mortgage, loan, credit agreement, sale-leaseback, guaranty of any obligation, bond, letter of credit, or
similar financial Contract evidencing Indebtedness for Borrowed Money that will be binding upon the Oil&nbsp;&amp; Gas Assets, any member
of the Target Group or Buyer after the Closing;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
Contract guaranteeing any obligation of another Person (excluding any guarantees by one member of the Target Group of the obligations
of another member of the Target Group);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
Contract that prohibits or materially restricts the applicable member of the Target Group from competing in any jurisdiction, including
any Contract that: (A)&nbsp;contains or constitutes an existing area of mutual interest agreement or an agreement to enter into an area
of mutual interest agreement in the future; (B)&nbsp;includes non-competition or non-solicitation restrictions (excluding solely confidentiality
obligations); or (C)&nbsp;includes any right of first offer or right of first refusal that are applicable to any member of the Target
Group or their interest in the Oil&nbsp;&amp; Gas Assets; <I>provided</I> that a Contract shall not constitute a Material Contract pursuant
to this <U>subsection&nbsp;(iv)</U>&nbsp;solely because such Contract contains provisions providing for maintenance of uniform interests
or because such Contract is a surface use agreement or similar Contract containing customary setback provisions;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(v)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
Contract that can reasonably be expected to result in aggregate payments or receipts of revenue by or on behalf of the applicable member
of the Target Group of more than $500,000 during the current or any subsequent fiscal year or $1,000,000 in the aggregate over the term
of such Contract (in each case, based solely on the terms thereof and without regard to any expected increase in volumes or revenues),
but expressly excluding customary joint operating agreements;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(vi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
Contracts for the purchase, sale, exchange, gathering, treatment, processing, storage, delivery, fractionation, disposal, compression,
stabilization or transportation of Hydrocarbons or water that contains (A)&nbsp;guaranteed or minimum throughput, volumes, delivery or
output or other similar commitments, (B)&nbsp;acreage or leasehold dedications, volume dedications or similar requirements, (C)&nbsp;any
calls on, or options to purchase, quantities of Hydrocarbon, or (D)&nbsp;take or pay, advance payments, prepayment or similar provisions
requiring Hydrocarbons or water to be gathered, stored, delivered, transported, disposed, stabilized, processed, treated, fractionated,
compressed, transported, exchanged or sold without receiving full payment therefor;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(vii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
Contract that constitutes a lease under which the applicable member of the Target Group is the lessor or the lessee of any real or personal
property or fixtures (other than a Lease) which lease (A)&nbsp;cannot be terminated by the applicable member of the Target Group without
penalty upon ninety (90) days or less notice or (B)&nbsp;involves an annual base rental of more than $500,000;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(viii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
Contracts for the use or sharing of drilling rigs or workover rigs or for completion or fracking services;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(ix)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
Contract (executory or otherwise) to sell, lease, exchange, farmout, or otherwise dispose of or encumber any interest in any Oil&nbsp;&amp;
Gas Assets (other than with respect to production of Hydrocarbons in the ordinary course) after the Execution Date, other than conventional
rights of reassignment arising in connection with the Target Group&rsquo;s surrender or release of any of the Oil&nbsp;&amp; Gas Assets
pursuant to the express terms thereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(x)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>(A)&nbsp;any
participation agreement, joint development agreement, farmin or farmout agreement, trade exchange or swap agreement, area of mutual interest
agreement, joint operating agreement, exploration agreement, data license agreement, seismic license agreement, acreage dedication agreement
(excluding any tax partnership) or (B)&nbsp;any similar Contract, in each case of subclause (A)&nbsp;or (B), where the primary obligation
has not been (or will not be) completed prior to the Effective Time;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(xi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
Contract that constitutes a partnership agreement, joint venture agreement or similar Contract (including any Tax partnership agreement);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(xii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
Contract for which the primary purpose is to provide for the indemnification of another Person;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(xiii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
Contract that is a seismic or other geophysical acquisition agreement or license;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(xiv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
Contract that relates to the acquisition or disposition of any material Oil&nbsp;&amp; Gas Asset during the three (3)-year period prior
to the Execution Date or with respect to which the Target Group has any material outstanding rights or obligations (excluding any indemnity
obligations owed to or from the Target Group that customarily survive the closing of such transactions even if no claim is currently pending);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(xv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
Contracts relating to the pending acquisition (by merger, purchase of equity or assets or otherwise) by any member of the Target Group
of any operating business or the capital stock of any other Person;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(xvi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
stockholders, investors rights, registration rights or similar Contract; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(xvii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
Contract that is a settlement or similar agreement with any Governmental Authority pursuant to which there will be any material outstanding
obligation with respect to the Oil&nbsp;&amp; Gas Assets after the Execution Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Except
as set forth on <U>Schedule 7.13(b)</U>, each Material Contract listed on <U>Schedule&nbsp;7.13(a)</U>, or that is entered into after
the Execution Date (subject to <U>Section&nbsp;9.1</U>), constitutes the legal, valid and binding obligation of the applicable member
of the Target Group, on the one hand, and, to Seller&rsquo;s Knowledge, against each other party thereto, subject to (i)&nbsp;applicable
bankruptcy, insolvency, reorganization, moratorium, and other similar Laws of general application from time to time in effect that affect
creditors&rsquo; rights generally, or (ii)&nbsp;general principles of equity. All Material Contracts are in full force and effect (except
for those that may have expired based on their own terms after the Execution Date). Except as set forth in <U>Schedule&nbsp;7.13(b)</U>,
as of the Execution Date, there exist no material defaults or breaches under, and with the passage of time, the giving of notice, or both,
there would not exist any material defaults or breaches under, the Material Contracts by any member of the Target Group or, to Seller&rsquo;s
Knowledge, by any other Person that is a party to the Material Contracts, in each case, that would allow for the termination of such Contract
or subject the Target Group to any material Losses. Except as disclosed on <U>Schedule&nbsp;7.13(b)</U>, no written notice of default
or breach has been received or delivered by any member of the Target Group under any such Material Contract. No written notice to terminate
a Material Contract (in whole or in part) has been delivered to or delivered by any Third Party with respect to any such Material Contract,
nor has any such termination been threatened. On or prior to the Execution Date except as would reasonably be expected to result in a
violation of antitrust Laws or as described on <U>Schedule&nbsp;7.13(b)</U>, Seller has provided Buyer access to accurate and complete
copies of all Material Contracts set forth on <U>Schedule&nbsp;7.13(a)</U>&nbsp;and all amendments thereto in existence as of the Execution
Date in Seller&rsquo;s or its Affiliates&rsquo; (including the Target Group), or in HG Energy&rsquo;s possession.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.14&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Affiliate
Arrangements; HG Energy Arrangements; Quantum Affiliate Arrangements</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Except
as set forth on <U>Schedule&nbsp;7.14(a)</U>&nbsp;and the Target Group&rsquo;s Governing Documents, there are no Contracts or intercompany
accounts between (i)&nbsp;any member of the Target Group or any of its directors, managers, officers, employees or consultants, or any
members of their immediate families (or otherwise binding on the Oil&nbsp;&amp; Gas Assets), on the one hand, and (ii)&nbsp;Seller or
its Affiliates (which, for the avoidance of doubt, does not include the members of the Target Group for purposes of this <U>Section&nbsp;7.14(a)</U>)
or any of their respective directors, managers, officers, employees or consultants, or any members of their immediate families, on the
other hand (collectively, &ldquo;<U>Affiliate Arrangements</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Except
as set forth on <U>Schedule 7.14(b)</U>&nbsp;or for the MSA, there are no Contracts between (i)&nbsp;any member of the Target Group, or
that is otherwise binding on any member of the Target Group or the Oil&nbsp;&amp; Gas Assets, on the one hand, and (ii)&nbsp;HG Energy
or any Affiliate of HG Energy, on the other hand (excluding, however, any pooling agreement, joint operating agreement, division order,
or production sharing agreement, in each case, to the extent the same is (A)&nbsp;on customary and arms&rsquo; length terms and (B)&nbsp;not
material to the Target Group taken as a whole).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Except
as set forth on <U>Schedule 7.14(c)</U>, to Seller&rsquo;s Knowledge, there are no Contracts between (i)&nbsp;any member of the Target
Group, or that is otherwise binding on any member of the Target Group or the Oil&nbsp;&amp; Gas Assets, on the one hand, and (ii)&nbsp;any
Quantum Affiliated Party, on the other hand (excluding, however, any pooling agreement, joint operating agreement, division order, or
production sharing agreement, in each case, to the extent the same is (A)&nbsp;on customary and arms&rsquo; length terms and (B)&nbsp;not
material to the Target Group taken as a whole).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.15&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Permits</U>.
The Target Group possesses all material Permits (other than Environmental Permits, which are addressed in <U>Section&nbsp;7.16</U>) from
appropriate Governmental Authorities required to own and operate the Oil&nbsp;&amp; Gas Assets and to conduct its business as currently
conducted in material compliance with all applicable Laws (the &ldquo;<U>Material Permits</U>&rdquo;). All such Material Permits (other
than Environmental Permits, which are addressed in <U>Section&nbsp;7.16</U>) are in full force and effect and no Proceeding is pending
or threatened in writing to suspend, revoke or terminate any such Material Permit or declare any such Material Permit invalid. The Target
Group is in compliance in all material respects with all Material Permits (other than Environmental Permits, which are addressed in <U>Section&nbsp;7.16</U>).
None of Seller or its Affiliates has received written notice from any Governmental Authority alleging any violation of any such Material
Permit by any member of the Target Group that remains uncured. No event has occurred which permits (or after the giving of notice or lapse
of time or both would permit), and the execution and delivery of this Agreement or any Related Agreement and the consummation of the transactions
contemplated hereby and thereby will not permit or result in, the revocation or termination of any such Material Permit.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.16&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Environmental
Matters</U>. Except as set forth on <U>Schedule 7.16</U>, and except for any matter that has not had (and could not reasonably be excepted
to have) a Material Adverse Effect (a)&nbsp;the Target Group is not subject to any pending, or to the Seller&rsquo;s Knowledge, threatened
Proceedings with respect to the Oil&nbsp;&amp; Gas Assets alleging any material violation of or noncompliance with, or material liability
under any Environmental Law or Environmental Permits or requiring remedial obligations under any Environmental Laws or alleging other
material Environmental Liabilities; (b)&nbsp;neither Seller nor any of its Affiliates, has received any written notice from a Governmental
Authority or other Person alleging a violation of or noncompliance with, or liability under any Environmental Laws or Environmental Permits
with respect to the Target Group or any Oil&nbsp;&amp; Gas Assets, the subject of which is unresolved; (c)&nbsp;the Target Group, with
respect to the Oil&nbsp;&amp; Gas Assets, is, and to Seller&rsquo;s Knowledge, the Oil&nbsp;&amp; Gas Assets are, and have been, for the
past three (3)&nbsp;years, in compliance with applicable Environmental Laws in all material respects; (d)&nbsp;no member of the Target
Group is subject to any material Order with any Governmental Authority based on any Environmental Law that relates to the current or future
use of any of the Oil&nbsp;&amp; Gas Assets or that requires any change in the present condition of the Oil&nbsp;&amp; Gas Assets, the
subject of which Order has not been resolved; (e)&nbsp;there has been no release of Hazardous Materials by any member of the Target Group
or, to Seller&rsquo;s Knowledge, any other Person at, on, under, in or from any of the Oil&nbsp;&amp; Gas Assets that has had, or would
reasonably be expected to have, a Material Adverse Effect, and which remains unresolved, and (f)&nbsp;prior to the Closing, the Target
Group has made available to Buyer in accordance with <U>Section&nbsp;4.2</U>, all material reports and studies, in each case, specifically
addressing environmental matters related to any member of the Target Group&rsquo;s ownership or operation of the Oil&nbsp;&amp; Gas Assets
and in the Target Group&rsquo;s possession or reasonable control.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.17&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Insurance</U>.
Seller or its Affiliates, on behalf of the Target Group has in place policies of insurance in amounts and scope of coverage as set forth
on <U>Schedule&nbsp;7.17</U>, and each such policy is in full force and effect and all premiums are currently paid in accordance with
the terms of such policy. Except as set forth on <U>Schedule&nbsp;7.17</U>, no claim relating to the Oil&nbsp;&amp; Gas Assets is currently
pending under such policies as of the Execution Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.18&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Imbalances</U>.
<U>Schedule 7.18</U> sets forth, in all material respects, all Imbalances associated with the Oil&nbsp;&amp; Gas Assets operated by any
member of the Target Group (or by HG Energy on behalf of the Target Group) (and, to the Companies&rsquo; Knowledge, associated with any
Oil&nbsp;&amp; Gas Assets operated by a Third Party), as of the respective date(s)&nbsp;shown thereon.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.19&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Non-Consent
Operations</U>. Except as set forth on <U>Schedule&nbsp;7.19</U>, in the payout balances on <U>Schedule&nbsp;7.22</U>, or as reflected
in the before- and after-payout Working Interest and Net Revenue Interest set forth in the Annexes to this Agreement, no operations are
being conducted or have been conducted with respect to the Oil&nbsp;&amp; Gas Assets as to which a member of the Target Group has elected
to be a non-consenting party under the terms of the applicable operating agreement and with respect to which the Target Group has not
yet recovered its full participation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.20&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Current
Commitments</U>. <U>Schedule 7.20</U> sets forth, as of the Execution Date, all AFEs received by the Target Group in writing or which
the Target Group has proposed that (a)&nbsp;relate to the Oil&nbsp;&amp; Gas Assets with respect to (i)&nbsp;to drilling, reworking or
conducting another material operation with respect to a Well or DSU or (ii)&nbsp;any capital projects (including expansion projects) pertaining
to the Gathering Systems; (b)&nbsp;are equal to or in excess of $250,000 (net to the Target Group&rsquo;s interest in the Oil&nbsp;&amp;
Gas Asset); and (c)&nbsp;are not expired and for which all of the activities anticipated in such AFEs have not been completed by the Execution
Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.21&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Suspense
Funds</U>. <U>Schedule 7.21</U> lists all Suspense Funds held by the Target Group, or by Seller or its Affiliates on behalf of the Target
Group, as of the date shown thereon and, to Seller&rsquo;s Knowledge, the reason they are being held in suspense. All Escheat Funds have,
in all material respects, been timely escheated in the amount required to the applicable Governmental Authority as required by applicable
Laws. To Seller&rsquo;s Knowledge, all proceeds from the sale of Hydrocarbons produced from the Oil&nbsp;&amp; Gas Assets are being received
by the Target Group in a timely manner and are not being held in suspense.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.22&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Payout
Balances</U>. <U>Schedule 7.22</U> sets forth, as of the respective date(s)&nbsp;shown thereon, the payout balances for each of the Wells
listed on <U>Annex A-2</U> that is subject to a reversion or other adjustment at some level of cost recovery or payout (or passage of
time or other event other than termination of a Lease by its terms), which schedule is complete and accurate in all material respects
with respect to the Wells that are operated by any member of the Target Group (or by HG Energy on behalf of the Target Group) (and with
respect to all other Wells, to the extent such information has been received by any member of the Target Group from Third Party operators
prior to the Execution Date or is otherwise subject to Seller&rsquo;s Knowledge).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.23&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Royalties
and Working Interest Payments</U>. Except (a)&nbsp;as set forth on <U>Schedule&nbsp;7.23</U>, and (b)&nbsp;for the Suspense Funds, the
Target Group (or HG Energy on behalf of the Target Group), and to Seller&rsquo;s Knowledge, each (i)&nbsp;member of the Target Group&rsquo;s
predecessors in interest to any operated Wells and (ii)&nbsp;Third Party operator of the Oil&nbsp;&amp; Gas Assets, have properly and
timely paid, or caused to be paid, in all material respects, all (A)&nbsp;Royalties and other burdens upon, measured by, or payable out
of Hydrocarbons produced from or attributable to the Oil&nbsp;&amp; Gas Assets and (B)&nbsp;other interest owners&rsquo; revenues or proceeds
attributable to sales of Hydrocarbons produced from or attributable to the Oil&nbsp;&amp; Gas Assets, in each case of (A)&nbsp;and (B),
in accordance with the applicable Leases and applicable Laws and, in each case of (A)&nbsp;and (B), for which the Target Group or its
Affiliates, as owner or operator, is responsible.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.24&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Gathering
Systems</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>The
Target Group holds Good and Defensible Title to the Gathering Systems, Surface Rights and Rights-of-Way and other material assets of the
Target Group (other than the Oil&nbsp;&amp; Gas Interests), as applicable, free and clear of all Liens, except for Permitted Encumbrances,
and as would not reasonably be expected to have a material effect on the ownership and operation of the other Oil&nbsp;&amp; Gas Assets
as currently owned and operated by the Target Group (or by HG Energy on behalf of the Target Group).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Except
as would not, individually or in the aggregate, be material to the Target Group, no part of the assets comprising the Gathering Systems
is located on lands that are not subject to a Surface Right and Right-of-Way or other agreement, easement or surface right held by an
entity of the Target Group permitting the location of such assets on the lands covered by such Surface Right and Right-of-Way, other agreement,
easement or surface right, and no member of the Target Group has received any written notice of default under any instrument creating
an interest in any such Surface Right and Right-of-Way, agreement, easement or surface right that remains unresolved. Every part of the
Gathering System is located on lands that are an Oil&nbsp;&amp; Gas Interest included in the Oil&nbsp;&amp; Gas Assets in all material
respects.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>There
is not, nor has there been threatened, any (i)&nbsp;breach or event of default on the part any member of the Target Group with respect
to any Surface Right and Right-of-Way that is used or held for use in connection with the Gathering Systems, (ii)&nbsp;to Seller&rsquo;s
Knowledge, breach or event of default on the part of any other party to any such Surface Right and Right-of-Way or (iii)&nbsp;breach or
event that, with the giving of notice or lapse of time or both, would constitute such breach or event of default on the part of any member
of the Target Group with respect to any such Surface Right and Right-of-Way, or to Seller&rsquo;s Knowledge on the part of any other party
thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>The
assets and properties of the Target Group, taken as a whole, include all of the assets reasonably necessary to access, own, operate and/or
maintain the Gathering Systems as currently being operated and/or maintained by the Target Group. There are no gaps (including any gap
arising as a result of any breach by any member of the Target Group of the terms of any such Surface Right and Right-of-Way) in the Surface
Right and Right-of-Way for any pipeline and related facilities comprising a part of a Gathering System, in each case, that would prohibit
or materially impair the ability of the Target Group to operate any Gathering System in the ordinary course of business and consistent
with past practices.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>No
member of the Target Group has acquired any of the Gathering System through the use or threatened use of eminent domain or condemnation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.25&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Wells</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Except
as set forth on <U>Schedule&nbsp;7.25(a),</U> (i)&nbsp;there is no Well in respect of which the Target Group or, to Seller&rsquo;s Knowledge,
any Third Party operator is obligated by any Laws or contract to plug or abandon, are currently subject to exceptions to a requirement
to plug or abandon issued by a Governmental Authority or has received any order or written notice from any Governmental Authority requiring
that such Well be plugged and abandoned and for which such plugging and abandonment requirements have not been completed in all material
respects; (ii)&nbsp;all Wells that are operated a member of the Target Group (or by HG Energy on behalf of the Target Group)or, to Seller&rsquo;s
Knowledge, any Third Party operator have been drilled and completed within the limits permitted by all applicable Laws, Leases, Material
Contracts and pooling or unit orders in all material respects, and (iii)&nbsp;no Wells that are operated by a member of the Target Group
(or by HG Energy on behalf of the Target Group) or, to Seller&rsquo;s Knowledge any other Wells, are subject to material penalties on
allowables because of overproduction, underproduction or any other violation of applicable Laws or Permits or any order or decree of any
Governmental Authority that would prevent any such Well from being entitled to its full legal and regular allowable production.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>As
of the Execution Date, except as set forth on <U>Schedule&nbsp;7.25(b)</U>, there are no Wells operated by a member of the Target Group
(or by HG Energy on behalf of the Target Group) that are either (i)&nbsp;in use for purposes of production or injection or (ii)&nbsp;suspended
or temporarily abandoned in accordance with applicable Law that, in either case, have not been plugged and abandoned in accordance with
applicable Law in all material respects.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>As
of the Execution Date, except as set forth on <U>Schedule&nbsp;7.25(c)</U>, with respect to the Wells that are operated by the Target
Group (or by HG Energy on behalf of the Target Group), to Seller&rsquo;s Knowledge, (i)&nbsp;no such Wells have watered out, (ii)&nbsp;there
is no collapsed casing in the Wells and (iii)&nbsp;there is no material sand infiltration of any Well.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.26&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Equipment</U>.
All of the Equipment that is included in the Oil&nbsp;&amp; Gas Assets and the Gathering System and that is material to the ownership
and operation of the Oil&nbsp;&amp; Gas Interests and the Gathering System (as the same are currently owned, operated and used by the
Target Group) is in an operable state of repair adequate to maintain normal operations as currently conducted by the Target Group (or
by HG Energy on behalf of the Target Group) in all material respects, ordinary wear and tear excepted.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.27&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Leases</U>.
Except as set forth on <U>Schedule&nbsp;7.27</U> and except as would not be material to the Target Group:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>to
Seller&rsquo;s Knowledge, (i)&nbsp;each Lease is a valid and binding obligation of the member of the Target Group party thereto and of
each other party thereto, (ii)&nbsp;none of the Target Group or any other party to a Lease is in material breach or violation of any provision
of, or in default under, any such Lease, and (iii)&nbsp;no event has occurred that, with or without notice, lapse of time or both, would
constitute such a material breach, violation or default;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the Target Group has made payments of all rentals, delay rentals, option payments,
extension payments, and similar payments with respect to the Leases that are due from the Target Group in all material respects;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>as
of the Execution Date, no party to any material Lease has filed or threatened in writing to file, any action to terminate, cancel, rescind
or procure judicial reformation of any Lease or alleging any unresolved default under any Lease that which remains unresolved; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>except
as set forth on <U>Schedule 7.27(d)</U>, there is no Lease in its primary term that will expire within twelve (12) months of the Execution
Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.28&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Officers
and Bank Accounts; Powers of Attorney</U>. <U>Schedule 7.28</U> lists (a)&nbsp;all of the officers, directors and managers of the Target
Group, (b)&nbsp;all bank accounts, safety deposit boxes and lock boxes (designating each authorized signatory with respect thereto) of
the Target Group (the &ldquo;<U>Bank Accounts</U>&rdquo;), and (c)&nbsp;a complete list of all Persons holding powers of attorney issued
by a member of the Target Group and, if applicable, a summary statement of the terms thereof that will remain in effect as of the Closing
Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.29&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Labor
Matters; Employee Benefit Plans</U>. (a)&nbsp;No member of the Target Group has, or has ever had, any employees, and (b)&nbsp;excluding,
for clarity, any obligation to reimburse HG Energy for the &ldquo;Services&rdquo; provided under the MSA, no member of the Target Group
sponsors, maintains or contributes to any &ldquo;employee benefit plans&rdquo; (as defined under Section&nbsp;3(3)&nbsp;of ERISA). No
member of the Target Group is a party to, or bound by, a collective bargaining agreement or similar agreement with a labor organization.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.30&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Special
Warranty</U>. As of the Closing Date, the Target Group holds Defensible Title to the Oil&nbsp;&amp; Gas Interests (subject to Permitted
Encumbrances) free and clear of any lawful claims of any Person thereto or any part thereof, in each case, arising by, through or under
Seller and its Affiliates (including, prior to Closing, the Target Group), but not otherwise. For the avoidance of doubt and notwithstanding
anything in this Agreement to the contrary, the Title Threshold Amount, Environmental Threshold Amount and Title/Environmental Deductible
Amount shall in no way limit any claim by Buyer pursuant to this <U>Section&nbsp;7.30</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.31&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Credit
Support</U>. <U>Schedule 7.31</U> sets forth a list of all material bonds, cash collateral, cash deposits, cash escrows, guarantees, indemnity
agreements, letters of credit, treasury securities, security bonds, surety bonds, performance bonds and other forms of credit assurances
or Credit Support provided by any members of the Target Group (or by Seller or any Affiliate of Seller for the benefit of the Target Group)
in support of the obligations of the Target Group to any Governmental Authority or Contract counterparty or in connection with the ownership
or operation of the Oil&nbsp;&amp; Gas Assets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.32&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Specified
Matters</U>. Except as set forth on <U>Schedule&nbsp;7.32</U>, there are no unpaid, unfulfilled or unsatisfied material Losses incurred
by, suffered by or owing by the Target Group (or any of their Affiliates, or by HG Energy on behalf of the Target Group) or claimed by
any Third Party caused by, arising out of or resulting from the following matters, to the extent attributable to the ownership, use or
operation of any of the Oil&nbsp;&amp; Gas Assets:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
personal injury or death, or damage of properties occurring on or with respect to the ownership or operation of any Oil&nbsp;&amp; Gas
Assets;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
administrative or civil fines or penalties or criminal sanctions imposed on the Target Group, to the extent resulting from any violation
of Law (including any Environmental Law);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
transportation or disposal, or the arrangement of any transportation or disposal, of Hazardous Materials from any Oil&nbsp;&amp; Gas Asset
to a site that is not an Oil&nbsp;&amp; Gas Asset by or on behalf of the Target Group that is (or if known would be) in material violation
of or that has given or would give rise to material liability under applicable Environmental Law; and/or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
Retained Assets (subsections (a)&nbsp;through (d), collectively, the &ldquo;<U>Specified Matters</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.33&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Drilling
Obligations</U>. Except as set forth on <U>Schedule&nbsp;7.33</U>, there are no unfulfilled drilling obligations or obligations to conduct
other material development obligations of the Target Group affecting the Leases or other Oil&nbsp;&amp; Gas Assets by virtue of the terms
of any Lease, Contract or otherwise, including any express continuous drilling obligations or similar provisions (excluding, provisions
requiring production in paying quantities to hold all or any portion of any Lease and excluding any pugh clauses or depth severance provisions).
As of the Execution Date, neither Seller nor any Affiliate of Seller is under any obligation to drill a well pursuant to any offset drilling
obligations with respect to the Oil&nbsp;&amp; Gas Assets or any obligation to pay compensatory royalties resulting from any offset drilling
obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.34&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Casualty
Losses</U>. There have been no Casualty Losses since the Balance Sheet Date with respect to any Oil&nbsp;&amp; Gas Assets with damages
estimated to exceed $1,000,000 net to the interest of the Target Group. As of the Execution Date, there is no pending or, to Seller&rsquo;s
Knowledge, threatened, Proceeding for Casualty Losses, condemnation or taking under right of eminent domain (whether permanent, temporary,
whole or partial) with respect to any Oil&nbsp;&amp; Gas Asset or portion thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.35&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Energy
Regulatory Status</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Neither
the Target Group nor HG Energy, nor, to the Companies&rsquo; Knowledge, any Third Party operator with respect to its operation of the
Oil&nbsp;&amp; Gas Assets, nor any of their respective Oil&nbsp;&amp; Gas Assets or operations, is or has been subject to the jurisdiction
of the Federal Energy Regulatory Commission (&ldquo;<U>FERC</U>&rdquo;) under (i)&nbsp;the Natural Gas Act (15 U.S.C. &sect;&sect;&nbsp;717
<U>et seq</U>), as a &ldquo;natural gas company&rdquo; or as a holder of any general or limited jurisdiction certificate of public convenience
and necessity issued by FERC other than as a holder of a blanket sale for resale certificate issued by operation of Law or a blanket certificate
issued to permit participation in capacity release transactions, (ii)&nbsp;the Natural Gas Policy Act of 1978 (15 U.S.C. Section&nbsp;3301,
<U>et seq</U>), (iii)&nbsp;the Interstate Commerce Act, or (iv)&nbsp;the Public Utility Holding Company Act of 2005 (42 U.S.C. &sect;&sect;&nbsp;16451
et <I>seq</I>), and the FERC&rsquo;s implementing regulations under any of the foregoing. During the past three (3)&nbsp;years, none of
the Target Group or HG Energy, nor any Third Party operator with respect to its operation of the Oil&nbsp;&amp; Gas Assets have conducted
their respective businesses nor operated their respective Oil&nbsp;&amp; Gas Assets in such a manner as to subject themselves, or any
of their respective Oil&nbsp;&amp; Gas Assets or operations, to regulation by the FERC pursuant to the foregoing statutes or regulations
other than with respect to any exceptions noted in the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>The
Target Group has not received notice from FERC or any other Person asserting that any of the Oil&nbsp;&amp; Gas Assets are, should, or
will be regulated by FERC under the Natural Gas Act, Natural Gas Policy Act of 1978, the Interstate Commerce Act, or the Public Utility
Holding Company Act of 2005.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.36&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Ownership
and Sufficiency of Assets</U>. Except as set forth in <U>Schedule&nbsp;7.36</U> and for the Retained Assets, (a)&nbsp;no real property,
right or interest material to the continued ownership and operation of the business of the Target Group or the Oil&nbsp;&amp; Gas Assets,
as owned and conducted prior to the Execution Date, is currently held by (or is being retained by) (i)&nbsp;Seller or any Affiliate of
Seller (other than the Target Group), (ii)&nbsp;by HG Energy or any of its Affiliates or (iii)&nbsp;by any Quantum Affiliated Party; (b)&nbsp;the
Oil&nbsp;&amp; Gas Assets and other properties and assets (and subject to the provision of services similar to the &ldquo;Services&rdquo;
provided under the MSA), owned or leased by the Target Group as of the Execution Date constitute and include all of the rights, assets,
equipment, Contracts, data and records and other properties used or held for use by the Target Group in connection with the ownership
and use of the Oil&nbsp;&amp; Gas Assets and the production and marketing of Hydrocarbons therefrom and constitute all such rights, assets
and properties necessary for the continued conduct of the Target Group&rsquo;s business after the Closing, in substantially the same manner
as currently conducted, ordinary wear and tear excepted.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.37&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Unrelated
Activities</U>. No member of the Target Group has engaged in any material respect any business other than the ownership, development,
operation, maintenance, expansion, construction, commissioning and decommissioning of, and acquisition of, oil and gas properties and
related assets, gathering systems, pipelines and treatment and processing facilities, marketing of Hydrocarbons therefrom.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.38&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Loans
and Guarantees</U>. <U>Schedule 7.38</U> sets forth the Target Group&rsquo;s Indebtedness for Borrowed Money as of the Execution Date
and upon the Closing, no member of the Target Group will have any Specified Indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.39&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Intellectual
Property.</U> To the Knowledge of Seller, except for the Retained Assets, (a)&nbsp;each member of the Target Group owns, or has valid
licenses or other rights to use, all material Intellectual Property currently owned by the Target Group, subject to any limitations contained
in the agreements governing the use of the same, free and clear of all Liens (other than Permitted Encumbrances), (b)&nbsp;neither Seller
nor the applicable member of the Target Group has received written notice challenging the use thereof, (c)&nbsp;neither Seller nor the
applicable member of the Target Group has received written notice that they are materially infringing, misappropriating or otherwise
violating the Intellectual Property of any other Person, nor is any third party infringing on any Intellectual Property owned by such
member of the Target Group and (d)&nbsp;the applicable member of the Target Group has not received any written notice of any material
default or any event that with notice or lapse of time, or both, would constitute a default under any material Intellectual Property
license to which such member of the Target Group is a party or by which it is bound.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">Section&nbsp;7.40&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Target
Group Hedges</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Schedule
7.40</U> sets forth a true and complete list of all Target Group Hedges outstanding as of the Execution Date, the material terms thereof
(including the type of transaction, term, effective date, termination date, notional amounts), and the counterparties thereto. Except
as set forth on <U>Schedule 7.40</U>, no member of the Target Group or Seller or its Affiliates has, as of the Execution Date, entered
into or is subject to any Target Group Hedges. Seller has made available to Buyer a true, correct, and complete copy of all Hedge Contracts
evidencing the Target Group Hedges prior to the Execution Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Each
member of the Target Group has complied in all material respects with all of its respective obligations under the Target Group Hedges,
and there are no breaches, violations, collateral deficiencies, requests for collateral or demands for payment, designations of early
termination, or defaults or allegations or assertions thereof by any party thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; text-transform: uppercase; color: #010000"><B>Article&nbsp;VIII
</B></FONT><B><BR>
REPRESENTATIONS AND WARRANTIES REGARDING BUYER</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Each Buyer severally, but
not joint and severally, hereby represents and warrants to Seller and the Companies as of the Execution Date and as of the Closing Date:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.1&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Organization</U>.
AR is a corporation duly organized, validly existing, and in good standing (or equivalent) under the Laws of Delaware and has the requisite
corporate power to carry on its business as now being conducted. Buyer has all requisite power and authority to own, lease and operate
its properties, rights or assets, carry on its businesses as now being conducted, and to carry out the transactions contemplated by this
Agreement. AM is a limited partnership duly formed, validly existing, and in good standing (or equivalent) under the Laws of Delaware
and has the requisite power to carry on its business as now being conducted. Buyer has all requisite power and authority to own, lease
and operate its properties, rights or assets, carry on its businesses as now being conducted, and to carry out the transactions contemplated
by this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.2&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Authority</U>.
Buyer has all requisite power and authority to execute and deliver this Agreement and the Related Agreements to which it is a party or
will be and to perform its obligations hereunder and thereunder. The execution, delivery and performance of this Agreement and the Related
Agreements to which Buyer is or will be a party and the consummation of the transactions contemplated hereby and thereby have been duly
and validly authorized by all requisite action on the part of Buyer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.3&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Enforceability</U>.
This Agreement and each Related Agreement to which Buyer is or will be a party has been duly and validly executed and delivered by Buyer
and, assuming that this Agreement and each Related Agreement has been duly and validly executed and delivered by the other parties hereto
and thereto, constitutes a legal, valid and binding agreement of Buyer, enforceable against it in accordance with its terms, subject to
(a)&nbsp;applicable bankruptcy, insolvency, reorganization, moratorium and other similar Laws of general application from time to time
in effect that affect creditors&rsquo; rights generally, (b)&nbsp;general principles of equity and (c)&nbsp;the power of a court to deny
enforcement of remedies generally based upon public policy.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.4&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>No
Violation or Breach</U>. Assuming receipt of all applicable consents required in connection with the consummation of the transactions
contemplated hereby, neither the execution and delivery of this Agreement nor the Related Agreements to which Buyer is or will be a party
nor the consummation of the transactions and performance of the terms and conditions hereof and thereof by Buyer will (a)&nbsp;result
in a violation or breach of any provision of the Governing Documents of Buyer or any resolution adopted by Buyer&rsquo;s board of directors,
managers or officers, (b)&nbsp;contravene, violate or conflict with, or permit the cancellation, termination, acceleration or modification
of any terms by a Third Party of, or constitute a default (or an event that, with notice or lapse of time or both, would become a default)
under, require any consent of any Person pursuant to, result in the termination or acceleration of the maturity of, or result in the loss
of a material benefit or increase in any fee, liability, obligation under, any Contract under which Buyer may be subject, (c)&nbsp;contravene,
violate or conflict with any Law or give any Governmental Authority or other Person the right to challenge this transactions contemplated
hereby or thereby under any Contract or agreement or any Law or Order applicable to Buyer or the assets of Buyer, (d)&nbsp;result in or
require the creation or imposition of any Lien upon or with respect to any property or assets of Buyer, except for Permitted Encumbrances
or (e)&nbsp;require any filing with, notification of or consent, approval or authorization of any Governmental Authority, other than those
that have been or will be made prior to Closing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.5&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Consents</U>.
Except for any filings required under the HSR Act, no consent, approval, authorization or permit of, or filing with or notification to,
any Person is required for or in connection with the execution and delivery of this Agreement by Buyer (or any Related Agreement to which
Buyer is or will be a party) or for or in connection with the consummation of the transactions and performance of the terms and conditions
contemplated hereby and thereby.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.6&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Litigation</U>.
Neither Buyer nor any of its respective assets are subject to any pending or, to Buyer&rsquo;s Knowledge, threatened Proceeding at Law
or in equity or any order, injunction, judgment or decree of a Governmental Authority which could reasonably be expected to have the effect
of restricting, making illegal or otherwise prohibiting (a)&nbsp;Buyer&rsquo;s ability to perform its obligations under this Agreement
or the Related Agreements or (b)&nbsp;the consummation of the transactions contemplated by this Agreement and the Related Agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.7&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Bankruptcy</U>.
There are no bankruptcy, reorganization or arrangement proceedings pending, being contemplated by or, to Buyer&rsquo;s Knowledge, threatened
against Buyer or any of its Affiliates and Buyer and its Affiliates (a)&nbsp;are and will be able to pay their debts as they mature and
(b)&nbsp;are and will be Solvent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.8&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Brokerage
Arrangements</U>. Buyer and its Affiliates have not entered into (directly or indirectly) any Contract with any Person that would require
the payment by Seller, the Target Group or any of their respective Affiliates of a commission, brokerage, &ldquo;finder&rsquo;s fee&rdquo;
or other similar fee in connection with this Agreement, the Related Agreements or the transactions contemplated hereby or thereby.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.9&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Securities
Matters</U>. Buyer acknowledges and represents and warrants that, (a)&nbsp;it is an &ldquo;accredited investor,&rdquo; as such term is
defined in Regulation D of the Securities Act of 1933, as amended (the &ldquo;<U>Securities Act</U>&rdquo;), and (b)&nbsp;it is acquiring
the Target Interests for its own account, for investment purposes only and not in connection with a distribution or resale thereof in
violation of federal or state Securities Laws and the rules&nbsp;and regulations thereunder. Buyer acknowledges and understands that (i)&nbsp;the
acquisition of the Target Interests has not been registered under the Securities Act in reliance on an exemption therefrom and (ii)&nbsp;that
the Target Interests will, upon its sale by Buyer, be characterized as &ldquo;restricted securities&rdquo; under state and federal Securities
Laws. Buyer agrees that the Target Interests may not be sold, transferred, offered for sale, pledged, hypothecated or otherwise disposed
of except pursuant to an effective registration statement under the Securities Act or pursuant to an available exemption from the registration
requirements of the Securities Act, and in compliance with other applicable state and federal Securities Laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.10&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Funds;
Buyer Financing</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>AR
and AM each has, or will have on the Closing Date, sources of immediately available funds sufficient to pay the Closing Purchase Price
(except for the Deposit) and all of Buyer&rsquo;s and its Affiliates&rsquo; (not including any member of the Target Group) fees and expenses
associated with the transactions (including the Financing) contemplated in this Agreement (collectively, the &ldquo;<U>Funding Requirements</U>&rdquo;).
Buyer acknowledges and agrees that the obligations of Buyer under this Agreement and the Related Agreements are not in any way contingent
upon or otherwise subject to Buyer&rsquo;s consummation of any financing arrangement or obtaining any financing or the availability, grant,
provision or extension of any financing (in each case, including the Financing and any Alternative Financing) to Buyer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>As
of the Execution Date, Buyer has received and delivered to Seller executed debt commitment letters, dated as of the date hereof (including
all exhibits, schedules and annexes thereto, collectively, the &ldquo;<U>Debt Commitment Letter</U>&rdquo;) and all fee letters associated
therewith (as amended, supplemented, extended, replaced or otherwise modified from time to time in accordance with the terms hereof, collectively,
the &ldquo;<U>Fee Letter</U>&rdquo;) (<I>provided</I> that provisions in the Fee Letter related solely to fees, economic terms and &ldquo;market
flex&rdquo; provisions agreed to by the parties may be redacted (none of which redacted provisions could reasonably be expected to impose
additional conditions or contingencies on the availability of the Financing at the Closing)), pursuant to which the Financing Sources
party thereto have committed, subject to the terms and conditions set forth therein, to provide to Buyer the Financing to fund the Funding
Requirements. Buyer has fully paid any and all commitment fees or other fees required by the Debt Commitment Letter to be paid on or before
the date hereof. As of the Execution Date, the Debt Commitment Letter is a legal, valid and binding obligation of Buyer, and to the Knowledge
of Buyer, each other party thereto, and is in full force and effect, enforceable against Buyer and, to the Knowledge of Buyer, the other
parties thereto, in each case, subject to (i)&nbsp;applicable bankruptcy, insolvency, reorganization, moratorium and other similar Laws
of general application from time to time in effect that affect creditors&rsquo; rights generally and (ii)&nbsp;general principles of equity,
and has not been amended, modified, withdrawn, terminated or rescinded in any respect, does not contain any material misrepresentation
by Buyer and, assuming the satisfaction of the conditions set forth in <U>Section&nbsp;12.1</U> and <U>Section&nbsp;12.2</U>, no event
has occurred which (with or without notice, lapse of time or both) would reasonably be expected to constitute a breach thereunder on the
part of Buyer, or to the Knowledge of the Buyer, any other party thereto. As of the Execution Date, no amendment or modification to, or
withdrawal, termination or rescission of, the Debt Commitment Letter is currently contemplated by Buyer or any of its Affiliates or, to
the Knowledge of Buyer, any Financing Source, and the commitments contained in the Debt Commitment Letter have not been withdrawn or rescinded
in any respect. As of the Execution Date, there are no side letters or other agreements to which Buyer is party related to the funding
of the Financing other than as expressly set forth in the Debt Commitment Letter and the Fee Letter that would impose any new conditions
or expand the existing conditions to the Financing Sources&rsquo; provision of the Financing at the Closing or that would otherwise materially
and adversely affect or delay the availability of the Financing at the Closing. The funding of the full amount of the Financing contemplated
by the Debt Commitment Letter is not subject to any conditions or other contingencies other than as set forth expressly therein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.11&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>R&amp;W
Insurance Policy</U>. On the Execution Date, Buyer has received the R&amp;W Insurance Binder executed by the R&amp;W Insurer, a true and
correct copy of which, including all exhibits, schedules and annexes thereto, has been provided to Seller on or prior to the Execution
Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; text-transform: uppercase; color: #010000"><B>Article&nbsp;IX
</B></FONT><B><BR>
ADDITIONAL AGREEMENTS AND COVENANTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;9.1&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Interim
Covenants; Site Access</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Affirmative
Covenants of the Target Group</U>. From the Execution Date until the Closing Date (or, if earlier, the date this Agreement is terminated
pursuant to <U>Section&nbsp;13.1</U>), except as otherwise contemplated or permitted by this Agreement, Seller shall, and shall cause
the Target Group to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>conduct
the ownership and operation of the Target Group&rsquo;s business and the Oil&nbsp;&amp; Gas Assets in (1)&nbsp;the ordinary course of
business in substantially the same manner as conducted by such member of the Target Group in the twelve (12) months prior to the Execution
Date, (2)&nbsp;as would a reasonable and prudent operator and (3)&nbsp;in accordance with all Laws, Contracts and Leases in all material
respects;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>notify
Buyer of (A)&nbsp;any actions, claims, notices of violations, suits or proceedings filed or received, or, to such Seller&rsquo;s Knowledge,
threatened in writing against Seller or its Affiliates (other than frivolous or immaterial claims from Persons other than a Governmental
Authority), that pertain to the Oil&nbsp;&amp; Gas Assets or the transactions contemplated by this Agreement, or any actual or threatened
Casualty Loss or (B)&nbsp;any material release of Hazardous Materials at, on, under, in or from any of the Oil&nbsp;&amp; Gas Assets of
which Seller obtains Knowledge and that would reasonably be expected to result in any obligations for notification or reporting to a Governmental
Authority or require material remediation by Seller or the Target Group under any Environmental Laws;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>use
commercially reasonable efforts to keep Buyer reasonably apprised of any permitting, drilling, re-drilling, completion, shut-in, curtailment
or other material field operations proposed or conducted with respect to any of the Oil&nbsp;&amp; Gas Assets to the extent such operations
are consistent with the development plan and budget set forth on <U>Schedule 9.1(a)</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>furnish
Buyer with copies of all drilling, completion and workover AFEs that the Target Group receives or delivers to any Third Parties after
the Execution Date which may (depending on applicable approvals) be binding on the Oil&nbsp;&amp; Gas Assets after the Effective Time,
in each case, in excess of $250,000, net to the Target Group&rsquo;s interest, from any Third Parties;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(v)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>use
commercially reasonable efforts to maintain all Leases, Surface Rights and Rights-of-Way, Material Permits and Contracts in full force
and effect and in accordance with the terms of the Leases, Surface Rights and Rights-of-Way, Material Permits and the Contracts relating
thereto;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(vi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>notify
Buyer of any written notice of material damage to or destruction of any of the Oil&nbsp;&amp; Gas Assets to which Seller obtains Knowledge;
and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(vii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>maintain
the books of account and records relating to the Oil&nbsp;&amp; Gas Assets in the ordinary course of business, in accordance with its
usual accounting practices.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Negative
Covenants of the Target Group</U>. Without limiting the foregoing, except (1)&nbsp;as set forth in the ordinary course development plan
and budget set forth on <U>Schedule 9.1(a)</U>, (2)&nbsp;as required by (or is reasonably necessary for Seller or the Target Group not
to be in violation of) any applicable Law, (3)&nbsp;for operations covered by AFEs described on <U>Schedule&nbsp;7.20</U>, or (4)&nbsp;as
expressly consented to in writing (including by email in accordance with <U>Section&nbsp;14.1</U>) by Buyer (which consent shall not be
unreasonably withheld, delayed or conditioned), Seller shall not (and shall cause the Target Group to not):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>(A)&nbsp;adjust,
split, combine or reclassify any Membership Interests, Securities or other ownership interest in any member of the Target Group or amend
the term of any Membership Interests or (B)&nbsp;issue, sell, pledge, transfer, dispose of or encumber, directly or indirectly, or authorize
the issuance, sale, pledge, transfer, disposition or encumbrance of (x)&nbsp;any Membership Interests or other Securities or any other
ownership interest in any member of the Target Group, (y)&nbsp;any Securities convertible into or exchangeable or exercisable for any
such Membership Interests, Securities or other ownership interest or (z)&nbsp;any rights, commitments, warrants or options to acquire
or with respect to any such Membership Interests, Securities or other ownership interest or Securities convertible or exchangeable into
any such Membership Interests, Securities or other ownership interest;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>redeem
or repurchase, retire, or otherwise acquire, any Target Interests or any outstanding options, warrants or rights of any kind to acquire
any Target Interests, or any outstanding Securities that are convertible into or exchangeable for any Target Interests;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>adopt
any amendments to the Governing Documents of the Target Group;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>(A)&nbsp;other
than inventory and other assets acquired in the ordinary course of business (other than any Leases, Surface Rights and Right-of-Ways,
Permits, Contracts and Hedge Contracts), acquire properties or assets, including stock or other equity interests of another Person, with
a value in excess of $500,000, whether through asset purchase, merger, consolidation, share exchange, business combination or otherwise
or (B)&nbsp;acquire by merging or consolidating with, or by purchasing a substantial portion of the assets of, or in any other manner,
any business or business entity;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(v)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>except
as required or permitted to comply with the provisions of <U>Section&nbsp;9.1(b)(ix)</U>&nbsp;or as permitted pursuant to <U>Section&nbsp;9.1(b)(xiii)</U>,
hypothecate, encumber, novate, swap, trade, exchange, pledge, affirmatively relinquish, affirmatively abandon, sell, transfer or otherwise
dispose of any portion of the Oil&nbsp;&amp; Gas Assets, other than (A)&nbsp;inventory, spare parts or equipment that is no longer necessary
in the operation of the Oil&nbsp;&amp; Gas Assets or for which replacement equipment of equal or greater value has been obtained or (B)&nbsp;the
sale of Hydrocarbons produced from the Oil&nbsp;&amp; Gas Assets, in each case, in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(vi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>(A)&nbsp;make
(other than in the ordinary course of business), change or revoke any material election relating to Taxes of a member of the Target Group,
(B)&nbsp;settle or compromise any material Tax liability of the Target Group, (C)&nbsp;amend or file any superseding Tax Returns, (D)&nbsp;change
any material method of accounting for Tax purposes, (E)&nbsp;agree to an extension or waiver of the statute of limitations with respect
to the assessment or determination of any Taxes, or (F)&nbsp;surrender any right to a material Tax refund;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(vii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>adopt
a plan of complete or partial liquidation or dissolution or file for bankruptcy;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(viii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>change
accounting methods or accounting practices, except as required by changes in GAAP or Law;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(ix)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>(x)&nbsp;propose
or agree to participate in any operation with respect to the Oil&nbsp;&amp; Gas Assets anticipated to cost in excess of $500,000, net
to the Target Group&rsquo;s aggregate interest, without the prior written consent of Buyer or (y)&nbsp;not elect to non-consent to any
operation proposed by a Third Party with respect to the Oil&nbsp;&amp; Gas Assets anticipated to cost in excess of $500,000, net to the
Target Group&rsquo;s aggregate interest, in connection with the Oil&nbsp;&amp; Gas Assets except as set forth in <U>clause (B)</U>&nbsp;below:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(A)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>With
respect to any AFE for an operation to be conducted in connection with the Oil&nbsp;&amp; Gas Assets that is anticipated to cost in excess
of $500,000 per operation, net to the Target Group&rsquo;s aggregate interest, upon receipt of such AFE from Seller, Buyer shall review
and respond, within five (5)&nbsp;days of its receipt thereof (unless an earlier response is required pursuant to the terms of the Contract
governing such AFE and Seller includes in its written notice to Buyer such earlier response deadline, but in any event no less than two
(2)&nbsp;Business Days), to Seller in writing with respect to whether it desires to consent or non-consent the operation covered by such
AFE; <I>provided</I> that if Buyer does not timely respond with its election with respect to any such AFE within such period described
above, then Buyer shall be deemed to have responded to approve such AFE; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(B)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>if
Buyer affirmatively elects to non-consent to any such operation proposed by a Third Party that is anticipated to cost in excess of $500,000,
net to the Target Group&rsquo;s aggregate interest, the Target Group shall not be entitled to consent to such operation and shall timely
non-consent to such operation;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(x)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>enter
into, execute, terminate (other than (x)&nbsp;settlements of Target Group Hedges in the ordinary course as provided by the express terms
thereof and (y)&nbsp;terminations based on the expiration of the express term thereunder in the ordinary course without any affirmative
action by the Target Group), novate, amend, waive, assign, dispose of, affirmatively release any material right under or extend (A)&nbsp;any
Hedge Contract, Material Contracts or any agreement that, if entered into prior to the Execution Date, would be required to be listed
on <U>Schedule 7.13(a)</U>&nbsp;(excluding, for the avoidance of doubt, any Contracts as are reasonably necessary to conduct the operations
in the ordinary course development plan attached as <U>Schedule 9.1(a)</U>&nbsp;in the ordinary course of business) or (B)&nbsp;or any
Contract or agreement that, if entered into prior to the Execution Date, would be required to be listed on <U>Schedule 7.14(a)</U>, <U>Schedule
7.14(b)</U>&nbsp;or <U>Schedule 7.14(c)</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(xi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>institute
any Proceeding, or enter into, or offer to enter into, any compromise, release or settlement of any Proceeding pertaining to the Oil&nbsp;&amp;
Gas Assets or any member of the Target Group, or waive or release any right of the Target Group, for which the amount in controversy is
reasonably expected to be in excess of $500,000, other than any such settlement, release or compromise that involves only a payment by
the Target Group or that would not be binding on Buyer or the Oil&nbsp;&amp; Gas Assets after Closing and for or which Buyer will not
be responsible via Purchase Price adjustment and does not involve any admission of any material breach, violation of Law or other liability
or Loss;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(xii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>cancel
(unless replaced with a comparable insurance policy) or materially reduce the amount or scope of any insurance policies in effect as of
the Execution Date;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(xiii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>release,
relinquish or abandon any of the Oil&nbsp;&amp; Gas Interests, except (A)&nbsp;as required by Law, Permit or any applicable Contract,
or (B)&nbsp;for the expiration of any Lease in accordance with its terms;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(xiv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>voluntarily
resign as the operator of any Oil&nbsp;&amp; Gas Assets;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(xv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>hire,
agree to hire or make an offer of employment to any employee that provides services to any member of the Target Group or enter into any
collective bargaining agreement applicable to any employee of any member of the Target Group or otherwise recognize any union as the bargaining
representative of any such employee with respect to their employment with the Target Group;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(xvi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>adopt
any plan of merger, consolidation or reorganization, convert to another form of entity, or change its jurisdiction of organization, name
or principal office;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(xvii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>incur,
assume or guaranty any Indebtedness for Borrowed Money, except for new borrowings or draws under the Existing Credit Facilities as are
reasonably necessary (in Seller&rsquo;s and the Target Group&rsquo;s reasonable judgment) for the ownership, operation, management and
use of the Oil&nbsp;&amp; Gas Assets, in an amount up to $20,000,000 per month (in the aggregate), provided that such borrowings or draws
are used entirely in connection with ordinary course development plan and budget set forth on <U>Schedule 9.1(a)</U>&nbsp;or in response
to any emergency with respect to human life or safety or the environment; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(xviii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>agree,
whether in writing or otherwise, to do any of the foregoing;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><I>provided</I></FONT>
that notwithstanding anything in this Agreement to the contrary, nothing contained in this Agreement shall (I)&nbsp;give Buyer, directly
or indirectly, the right to control or direct in any manner the operations of the Target Group prior to the consummation of the Closing;
(II)&nbsp;prohibit or restrict any member of the Target Group from making cash distributions to Seller of or with respect to Retained
Assets (or otherwise, provided such distributions shall constitute Leakage); or (III)&nbsp;prohibit or restrict any member of the Target
Group from entering into joint operating agreements in the ordinary course of business so long as such joint operating agreements are
consistent in all material respects with Target Group&rsquo;s customary form joint operating agreement. Buyer acknowledges that the Target
Group owns undivided interests in certain of the Oil&nbsp;&amp; Gas Assets, and Buyer agrees that the acts or omissions of the other Working
Interest owners (including the Third Party operators) who are not Seller, an Affiliate of Seller or the Target Group shall not constitute
a breach of the provisions of this <U>Section&nbsp;9.1(a)</U>, and no action required pursuant to a vote of Working Interest owners shall
constitute a breach of the provisions of this <U>Section&nbsp;9.1(a)</U><I>&nbsp;</I>so long as the Target Group, or Seller or any of
its Affiliates as applicable, voted its interest in such a manner that complies with the provisions of this <U>Section&nbsp;9.1(a)</U>.
Notwithstanding the foregoing provisions of this <U>Section&nbsp;9.1(a)</U>, in the event of an emergency creating imminent risk of loss,
damage or injury to any person, property or the environment, Seller may take (and may cause any member of the Target Group to take) such
action as reasonably necessary to eliminate such immediate threat and shall notify Buyer of such action promptly thereafter. In no event
will Seller, HG Energy or the Target Group be deemed to be in breach of <U>Section&nbsp;9.1(a)(i)</U>&nbsp;resulting from any damage or
liabilities resulting from their (or their Affiliates&rsquo;) conduct of physical operations on the Oil&nbsp;&amp; Gas Assets to the extent
such operations are expressly permitted, required or approved by Buyer pursuant to <U>Section&nbsp;9.1(a)</U>&nbsp;or <U>Section&nbsp;9.1(b)</U>&nbsp;or
in its capacity as the &ldquo;operator&rdquo; of any of the Oil&nbsp;&amp; Gas Assets, in each case, except to the extent resulting from
Seller&rsquo;s, HG Energy&rsquo;s or the Target Group&rsquo;s gross negligence or willful misconduct. Any matter expressly approved by
Buyer pursuant to <U>Section&nbsp;9.1(a)</U>&nbsp;or <U>Section&nbsp;9.1(b)</U>&nbsp;that would otherwise constitute a breach of one of
Seller&rsquo;s or the Companies&rsquo; representations and warranties in <U>Article&nbsp;VI</U> or <U>Article&nbsp;VII</U> shall be deemed
to be an exclusion from all representations and warranties for which it is relevant solely for the purposes of <U>Section&nbsp;12.2(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Access
to Information</U>. From the Execution Date until the earlier of (x)&nbsp;the date this Agreement is terminated pursuant to <U>Section&nbsp;13.1</U>
and (y)&nbsp;the Closing Date, subject to the limitations in <U>Section&nbsp;9.1(d),</U> and <U>Section&nbsp;14.11</U>, Seller shall grant
to Buyer and its authorized representatives (including the Financing Sources) reasonable access, during normal business hours and upon
reasonable advance notice, to senior management, the properties, contracts and the books and records and other documents and data of the
Target Group to the extent (and only to the extent) relating to the ownership, operation or transition of the Target Group&rsquo;s business
to Buyer; <I>provided</I> that (i)&nbsp;such access does not unreasonably interfere with the normal operations of the Target Group or
of Seller, (ii)&nbsp;all requests for access shall be directed to one or more of: Jared Hall (at [ *********** ]), Eric Grayson
(at [ *********** ]), Ryan Robinson (at [ *********** ]) or Matt Lupardus (at [ *********** ]), or such
other Person as Seller may designate in writing (including email) from time to time, (iii)&nbsp;except to the extent set forth in <U>Section&nbsp;4.2</U>,
such access shall not entitle Buyer to conduct any environmental assessment, including any monitoring, testing or sampling or any Phase
I Environmental Site Assessments, and (iv)&nbsp;nothing herein shall require Seller or the Target Group to provide access to, or to disclose
any information to, Buyer or any other Person if such access or disclosure (A)&nbsp;would breach any obligations to any Third Party or
obligation of confidentiality binding on Seller, the Target Group or the Oil&nbsp;&amp; Gas Assets; <I>provided</I> that Seller shall
use commercially reasonable efforts to obtain waivers thereof (but Seller shall not be required to incur any cost, expense or liability
in connection with such commercially reasonable efforts), (B)&nbsp;would be in violation of applicable Laws or regulations of any Governmental
Authority or the provision of any Contract, provided that Seller shall use commercially reasonable efforts to obtain waivers of any such
Contract (but Seller shall not be required to incur any cost, expense or liability in connection with such commercially reasonable efforts)
or (C)&nbsp;that would result in the waiver of attorney-client privilege or attorney work product. Buyer acknowledges that, pursuant to
its right of access to the personnel, the properties and the books and records of the Target Group (including in connection with Buyer&rsquo;s
Independent Title Review and Buyer&rsquo;s Independent Environmental Review), Buyer will become privy to confidential and other information
of Seller and the Target Group and that such confidential information shall be held confidential by Buyer and Buyer&rsquo;s representatives
in accordance with the terms of the Confidentiality Agreement. If Closing should occur, the foregoing confidentiality restriction on Buyer,
including the Confidentiality Agreement and the confidentiality restriction in <U>Section&nbsp;4.2</U>, shall terminate (except as to
the Retained Assets). Notwithstanding the foregoing, except as expressly provided in this Agreement of in the Related Agreements and except
in the event of Seller&rsquo;s Fraud, neither the Target Group nor Seller makes any representation or warranty as to the accuracy of any
information (if any) that it may provide or disclose to Buyer, and none of Buyer, nor any of its Affiliates or their respective direct
or indirect equityholders or representatives, may rely on the accuracy of any such information, in each case, other than the express representations
and warranties of Seller and the Companies set forth in <U>Article&nbsp;VI</U> and <U>Article&nbsp;VII</U> hereof, as qualified by the
Schedules thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Access
Indemnity</U>. Buyer shall indemnify, defend, hold harmless and forever release each of Seller and its Affiliates, and all of their respective
direct and indirect equityholders, partners, members, directors, officers, managers, employees, contractors, agents and representatives,
from and against any Losses arising out of or in connection with any site visits, access to or inspections of Seller&rsquo;s or the Target
Group&rsquo;s assets, records or properties or any other diligence activity by or on behalf of Buyer or its Affiliates or their respective
officers, employees, agents and representatives (including pursuant to Buyer&rsquo;s Independent Title Review or Independent Environmental
Review), <B>EVEN IF SUCH LOSSES ARISE OUT OF OR RESULT FROM, SOLELY OR IN PART, THE SOLE, ACTIVE, PASSIVE, CONCURRENT OR COMPARATIVE NEGLIGENCE,
STRICT LIABILITY OR OTHER FAULT OF OR BY ANY OF <FONT STYLE="text-transform: uppercase">Seller, the target group, or their respective
Affiliates, or any of it or their respective DIRECT AND INDIRECT equityholders, partners, members, directors, officers, managers, employees,
CONTRACTORS, agents OR representatives</FONT>, EXCEPTING (A)&nbsp;LIABILITIES TO THE EXTENT RESULTING ON THE ACCOUNT OF THE GROSS NEGLIGENCE
OR WILLFUL MISCONDUCT OF ANY <FONT STYLE="text-transform: uppercase">of Seller, the target group, or their respective Affiliates, or any
of itS or their respective DIRECT AND INDIRECT equityholders, partners, members, directors, officers, managers, employees, CONTRACTORS,
agents OR representatives, </FONT>AND (B)&nbsp;LIABILITY ARISING FROM ENVIRONMENTAL CONDITIONS TO THE EXTENT THAT SUCH ENVIRONMENTAL CONDITIONS
WERE EXISTING PRIOR TO SUCH INSPECTIONS AND ARE MERELY DISCOVERED BY BUYER OR ANY BUYER&rsquo;S REPRESENTATIVE DURING SUCH DUE DILIGENCE
INVESTIGATION AND NOT EXACERBATED BY SUCH DUE DILIGENCE INVESTIGATION<FONT STYLE="text-transform: uppercase">.</FONT></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Communications</U>.
Prior to the Closing, Buyer shall not (and Buyer shall cause its respective Affiliates not to) contact contractual counterparties, customers
or potential customers of any Target Group regarding this Agreement or the transactions contemplated hereby, any right of access to the
Oil&nbsp;&amp; Gas Assets permitted hereunder, or the business of a Target Group (but excluding, for the avoidance of doubt, any contacts
or communications in connection with the operation of Buyer&rsquo;s business in the ordinary course) without the prior written consent
of Seller, which consent may not be unreasonably withheld, conditioned or delayed; <I>provided</I>, <I>however</I>, (i)&nbsp;that Seller
may withhold consent to any such communications that, upon advice from outside antitrust counsel, Seller believe in good faith would violate
applicable Antitrust Laws and (ii)&nbsp;such contact or communication shall solely pertain to post-Closing transition and administration
of contractual or vendor relationships after Closing, and (iii)&nbsp;in no event shall Buyer or any of its Affiliates or representatives
have the right to direct or suggest any such vendor or counterparty as to operations or contractual matters with respect to the Target
Group related to periods prior to the Closing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Consents
and Waivers</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>With
respect to each Consent or Preferential Right set forth in <U>Schedule&nbsp;7.6</U>, if any, Seller shall, within ten (10)&nbsp;Business
Days of the Execution Date, send to the holder of each such Consent or Preferential Right a notice in material compliance with the contractual
provisions applicable to such Consent or Preferential Right seeking such holder&rsquo;s consent to the transactions contemplated hereby
or waiver of the applicable Preferential Right. If Buyer or Seller discovers any Consent or Preferential Right following the Execution
Date that is not set forth in <U>Schedule&nbsp;7.6</U>, Seller, within five (5)&nbsp;Business Days of the date Seller becomes aware of
such Consent or Preferential Right, shall send to the holder of each such Consent or Preferential Right a notice in material compliance
with the contractual provisions applicable to such Consent. Seller shall provide Buyer with (A)&nbsp;a copy of each notice and all other
materials delivered to any such holder pursuant to this <U>Section&nbsp;9.1(e)</U>&nbsp;promptly after sending the same to such holder
and (B)&nbsp;copies of any written responses received from any such holder promptly after receiving the same.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>After
the Execution Date and prior to the Closing, Seller shall use commercially reasonable efforts, but excluding (A)&nbsp;making any expenditures
or payments or (B)&nbsp;granting any accommodation (financial or otherwise) to any Third Party, to obtain written waivers of all Preferential
Rights and all Consents, in form and substance reasonably satisfactory to Buyer, from any party to a Contract with a member of the Target
Group to the extent that such waivers of the Preferential Rights or Consent is required to be obtained in connection with the execution,
delivery and performance of this Agreement and the Related Agreement, and the transactions contemplated herein or therein. Buyer shall
cooperate with Seller in seeking to obtain such Consents and waivers of Preferential Rights (but, without limitation of and except as
provided in <U>Section&nbsp;9.9</U>, <U>Section&nbsp;9.12</U> and <U>Section&nbsp;9.13,</U> neither Party shall be required to make any
payments to, or undertake any obligations for the benefit of, the holders of any Consents or Preferential Rights). Subject to and without
limitation of <U>Section&nbsp;9.1(f)(iii)</U>, in the event Seller is unable to obtain all such Consents or waivers of Preferential Rights
after using such commercially reasonable efforts, such failure to satisfy shall not constitute a breach of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>If
a Required Consent is not obtained prior to Closing, then (A)&nbsp;prior to Closing, the affected Oil&nbsp;&amp; Gas Assets subject to
such Required Consent shall be assigned from the applicable member of the Target Group to an Affiliate of Seller, and shall thereafter
be Retained Assets for all purposes, (B)&nbsp;the Purchase Price shall be reduced by the Allocated Value of such Retained Assets, and
(C)&nbsp;the Parties will continue to cooperate for up to six (6)&nbsp;months after the Closing Date to obtain such Required Consent (and,
if so obtained, the Parties will promptly consummate a second closing on the applicable Retained Assets affected thereby in consideration
of the Allocated Value (subject to the adjustments contemplated herein, <I>mutatis mutandis</I>)) for such Retained Assets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>If
any waivers of Preferential Rights are not obtained prior to Closing after using such commercially reasonable efforts, such failure to
obtain any such waivers shall not constitute a breach of this Agreement, and regardless of whether such Preferential Right has been exercised,
closed or there is no response from the holder thereof, each Party shall agree to comply with, and cause the Target Group to comply with,
the terms of such Preferential Right, as applicable, and any proceeds obtained from any Third Party as a result of the Preferential Rights
shall be for the benefit of the Target Group.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(v)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Buyer
may, subject to Seller&rsquo;s agreement, elect for the Parties to cooperate with each other to agree upon documents to be delivered at
Closing that are designed to give to Buyer the benefit of the Oil&nbsp;&amp; Gas Asset (or portion thereof) so excluded pursuant to <U>Section&nbsp;9.1(f)(iii)</U>&nbsp;with
Buyer agreeing to be responsible for all of the Losses associated therewith (including by way of Seller holding title to such Oil&nbsp;&amp;
Gas Asset in trust for Buyer or as otherwise mutually agreed) until the applicable Required Consent is obtained.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;9.2&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Further
Assurances</U>. Upon the request of a Party, at any time on or after the Closing, the Party or Parties shall (and shall cause its Affiliates
to) (a)&nbsp;furnish upon request to each other such further information; (b)&nbsp;promptly execute, acknowledge and deliver such further
instruments of assignment, transfer, conveyance, endorsement, direction, or authorization and other documents as the requesting Party
may reasonably request in order or to otherwise effectuate the purposes of this Agreement or the Related Agreements; and (c)&nbsp;do such
other acts and things, all as the other Party may reasonably request for the purpose of carrying out the intent of this Agreement and
the documents referred to in this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;9.3&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Publicity</U>.
In furtherance of the confidentiality restrictions set forth in <U>Section&nbsp;4.2</U> and <U>Section&nbsp;9.1(c)</U>, prior to the Closing
and after any termination of this Agreement, as applicable, Buyer shall hold, and shall cause its Affiliates and its and their respective
representatives to hold, in confidence, all confidential documents and information concerning Seller and the Target Group furnished to
Buyer, its Affiliates or their respective representatives in connection with this Agreement and the transactions contemplated hereby (including
the identities of Seller and the Target Group) in the manner specified in the Confidentiality Agreement. Notwithstanding anything to the
contrary in the Confidentiality Agreement or this <U>Section&nbsp;9.3</U>, without the prior written consent of the other Party, no Party
shall issue any press release or make any announcement to the general public pertaining to this Agreement or the transactions contemplated
hereby or otherwise disclose the existence of this Agreement and the transactions contemplated hereby and thereby to any Third Party,
except (a)&nbsp;as may be required by applicable Law or by obligations pursuant to any listing agreement with any national securities
exchange, in which case the Party proposing to issue such press release or make such public announcement or make such disclosure shall
consult in good faith with the other Party before issuing any such press releases or making any such public announcements or disclosures,
(b)&nbsp;in connection with the procurement of any necessary consents, preferential rights, approvals, approvals required by HSR, payoff
letters and similar documentation in connection with the transactions contemplated by this Agreement, (c)&nbsp;that each Party may disclose
the terms of this Agreement to their respective accountants, legal counsel and other representatives as necessary in connection with the
ordinary conduct of their respective businesses, and (d)&nbsp;as necessary for Buyer to secure Financing and the R&amp;W Insurance Policy;
<I>provided</I> that such persons agree to keep the terms of this Agreement confidential on terms substantially similar to the Confidentiality
Agreement. Notwithstanding the foregoing, (i)&nbsp;to the extent applicable, Seller, its direct and indirect equityholders and their respective
Affiliates may disclose to their direct and indirect limited partners and members such information as is customarily provided to current
or prospective limited partners in private equity funds or other similar financial investment funds and (ii)&nbsp;nothing contained in
this <U>Section&nbsp;9.3</U> will restrict Seller from disclosing this Agreement or any information related to the transaction covered
hereby to Quantum Capital Group, in each case, <I>provided</I> that such persons agree to keep the terms of this Agreement confidential
on terms substantially similar to the Confidentiality Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;9.4&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Fees
and Expenses</U>. Each Party (and with respect to the Target Group, Seller) shall be liable for and pay all of its own costs and expenses
(including attorneys&rsquo;, accountants&rsquo; and investment bankers&rsquo; fees and other out-of-pocket expenses) in connection with
the negotiations and execution of this Agreement and the Related Agreements, the performance of such Party&rsquo;s (and with respect to
the Target Group&rsquo;s, Seller&rsquo;s) obligations hereunder and thereunder and the consummation of the transactions contemplated hereby
and thereunder; <I>provided</I> that Buyer shall pay and be fully responsible for (a)&nbsp;all filing fees (if any) under any Laws applicable
to Buyer, (b)&nbsp;all fees, costs and expenses (if any) incurred in respect of the financing by Buyer and its Affiliates of the transactions
contemplated by this Agreement and the Related Agreements, (c)&nbsp;all fees, costs and expenses of the Tail Policy, (d)&nbsp;fifty percent
(50%) of the fees and costs of the Escrow Account, (e)&nbsp;any filing fees with respect to any filings required under the HSR Act in
connection with this Agreement, (f)&nbsp;the R&amp;W Insurance Policy (including any applicable premiums, fees, deductible or other associated
costs), and (g)&nbsp;all fees, costs and expenses contemplated by <U>Section&nbsp;9.9</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;9.5&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Directors
and Officers</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Buyer
acknowledges that (i)&nbsp;each person that prior to the Closing served as a director, officer, manager, employee, agent, trustee, partnership
representative or fiduciary of any member of the Target Group or who, at the request of a member of the Target Group, served as a director,
officer, manager, member, employee, agent, trustee or fiduciary of another corporation, partnership, joint venture, trust, pension or
other employee benefit plan or enterprise (collectively, with such person&rsquo;s heirs, executors or administrators, the &ldquo;<U>Target
Indemnified Persons</U>&rdquo;) is entitled to indemnification, expense reimbursement and exculpation to the extent and only to the extent
provided in the Governing Documents of the Target Group in effect as of the Execution Date (&ldquo;<U>D&amp;O Provisions</U>&rdquo;),
(ii)&nbsp;such D&amp;O Provisions are rights of contract and (iii)&nbsp;no amendment or modification to any such D&amp;O Provisions shall
affect in any manner the Target Indemnified Persons&rsquo; rights, or either of the Company&rsquo;s obligations, as applicable, with respect
to claims arising from facts or events that occurred on or before the Closing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>At
or prior to the Closing Date, Seller shall cause the Companies to purchase (at Buyer&rsquo;s sole cost and expense) and maintain in effect
for a period of six (6)&nbsp;years thereafter, (i)&nbsp;a tail policy to the current policy of directors&rsquo; and officers&rsquo; liability
insurance maintained by each Company, which tail policy shall be effective for a period from the Closing through and including the date
six (6)&nbsp;years after the Closing Date with respect to claims arising from facts or events that occurred on or before the Closing,
and which tail policy shall contain substantially the same coverage and amounts as, and contain terms and conditions no less advantageous
than, in the aggregate, the coverage currently provided by such current policy and (ii)&nbsp;&ldquo;run off&rdquo; coverage as provided
by each Company&rsquo;s fiduciary and employee benefit policies, in each case, covering those Persons who are covered on the Execution
Date by such policies and with terms, conditions, retentions and limits of liability that are no less advantageous than the coverage provided
under each Company&rsquo;s existing policies (collectively, the &ldquo;<U>Tail Policy</U>&rdquo;). No claims made under or in respect
of such Tail Policy shall be settled without the prior written consent of Seller, except where such settlement (A)&nbsp;involves only
the payment of money by Buyer or its Affiliates (and no non-monetary commitments by Seller, HG Energy, their respective Affiliates or
any Target Indemnified Person), (B)&nbsp;does not include any admission of guilt or culpability and (C)&nbsp;does not adversely affect
Seller, HG Energy, their respective Affiliates or any Target Indemnified Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>If
Buyer or a member of the Target Group or any of their respective successor or assigns (i)&nbsp;consolidates with or merges into another
Person and shall not be the continuing or surviving corporation or entity of such consolidation or merger, or (ii)&nbsp;transfers or conveys
all or substantially all of its assets to any Person, then, and in each case, to the extent not assumed by operation of law, proper provision
shall be made so that the successors and assigns of Buyer or a member of the Target Group, as the case may be, shall assume the obligations
set forth in this <U>Section&nbsp;9.5</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>The
provisions of this <U>Section&nbsp;9.5</U> shall survive the Closing and each Target Indemnified Person is expressly intended as a third-party
beneficiary of this <U>Section&nbsp;9.5</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;9.6&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Records</U>.
As soon as reasonably practicable after Closing, but in any event no later than thirty (30) days following the Closing Date, Seller shall
deliver originals of all books and records of the Target Group or relating to the Oil&nbsp;&amp; Gas Assets (which may be delivered in
electronic format, if originals are maintained in such format by Seller) to Buyer (FOB Seller&rsquo;s office). With respect to any original
records delivered to Buyer, Seller shall be entitled to retain copies of such records at Seller&rsquo;s own cost and expense; <I>provided</I>,
<I>however</I>, that for a period of five (5)&nbsp;years following the Closing Date, Seller shall be able to obtain access to such records,
at reasonable business hours and upon prior notice to Buyer, so that Seller may make copies of such originals, at its own cost and expense,
as may be reasonable or necessary for Tax purposes or in connection with any Proceeding or threatened Proceeding against Seller or its
Affiliate. Seller shall keep all information contained in such records confidential on terms consistent with the Confidentiality Agreement,
as if Seller were &ldquo;Undersigned&rdquo; thereunder, <I>mutatis mutandis</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;9.7&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Insurance</U>.
Seller shall maintain (or cause to be maintained) in force during the period from the Execution Date until the Closing, all of Seller&rsquo;s,
the Target Group&rsquo;s or their Affiliates&rsquo; current insurance policies pertaining to the Target Group or the Oil&nbsp;&amp; Gas
Assets in the amounts and with the minimum coverages currently maintained by Seller, the Target Group or such Affiliate as of the Execution
Date. Buyer shall be solely responsible from and after Closing for providing insurance to the Target Group and its business for events
or occurrences occurring after the Closing. Buyer acknowledges that all insurance arrangements maintained by Seller and its Affiliates
for the benefit of the Target Group, will be terminated as of the Closing and no further business interruption, property or Losses shall
be covered under any such insurance arrangements; provided that Seller shall use commercially reasonable efforts to maintain coverage
for occurrences or claims made on or prior to Closing for the Target Group (provided that Seller may not fail to maintain such coverages
solely as a result of pricing without first consulting Buyer).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;9.8&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>R&amp;W
Insurance Policy</U>. The Parties acknowledge and agree that, as of or prior to the Execution Date, Buyer has procured the R&amp;W Insurance
Binder in connection with the R&amp;W Insurance Policy. Following the Execution Date, Buyer shall use commercially reasonable efforts
to satisfy the conditions set forth in the R&amp;W Insurance Binder to cause the R&amp;W Insurance Policy to be issued on the terms and
in the form attached hereto as <U>Exhibit&nbsp;E</U> as soon as reasonably practicable following the Closing, including payment of all
costs of such R&amp;W Insurance Policy. Buyer will ensure that the terms of the R&amp;W Insurance Policy provide at all times that: (a)&nbsp;the
R&amp;W Insurer irrevocably and unconditionally waives and otherwise shall not pursue, directly or indirectly, any claim or other right
against Seller, HG Energy, its and their Affiliates, and its and their respective representatives (individually, a &ldquo;<U>Seller Related
Party</U>&rdquo; and collectively, the &ldquo;<U>Seller Related Parties</U>&rdquo;) by way of subrogation, claim for contribution, indemnification,
assignment, or otherwise except, in each case, against a Seller Related Party in the event of Fraud by such Seller Related Party (provided
that the Fraud of one Person shall not be imputed to any other Person, except that Seller shall be liable for the Fraud of each of the
Seller Related Parties); (b)&nbsp;the Seller Related Parties are express Third Party beneficiaries of such waiver of subrogation provisions
any other provisions of the R&amp;W Insurance Policy affecting such waiver of subrogation provisions, and (c)&nbsp;the R&amp;W Insurance
Policy may not be amended, restated, modified, waived or otherwise revised in any manner adverse to any Seller Related Party without Seller&rsquo;s
prior written consent. Buyer shall provide Seller with a true and complete copy of the final and issued R&amp;W Insurance Policy as soon
as reasonably practicable following the Closing. The Parties acknowledge and agree that any failure by Buyer to obtain or maintain the
R&amp;W Insurance Policy in accordance with this <U>Section&nbsp;9.8</U> shall not in any manner increase any liability of Seller or any
of its Affiliates or representatives under this Agreement, including if (x)&nbsp;the R&amp;W Insurance Policy is disputed, invalidated
or deemed ineffective, in whole or in part, or (y)&nbsp;the coverage provided under the R&amp;W Insurance Policy is denied, disputed,
exhausted or otherwise made unavailable to Buyer or its Affiliates, in whole or in part except, in each case, in the event of Seller&rsquo;s
or its Affiliates&rsquo; Fraud. The cost of the R&amp;W Insurance Policy and any fees, costs, premiums, underwriting fees, Taxes, commissions,
deductibles and other costs and expenses associated therewith shall be borne solely by Buyer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;9.9&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Credit
Support</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>The
Parties agree and acknowledge that the Credit Support listed on <U>Schedule&nbsp;9.9(a)</U>&nbsp;provided by Seller or any of its Affiliates
in support of obligations of the Target Group shall be returned to Seller or its Affiliate, as applicable, and Seller or such Affiliate
shall be released of all obligations thereunder. On or before the Closing Date, Buyer (with reasonable cooperation from Seller or its
applicable Affiliate) shall obtain, and deliver to Seller evidence of, all necessary replacement Credit Support (including the full release
of Seller or its applicable Affiliate of any continuing obligations thereunder) for all Credit Support set forth on <U>Schedule&nbsp;9.9(a)</U>&nbsp;that
is provided to a Third Party under any existing Contract or agreement or Governmental Authority in support of the obligations of the Target
Group, with such release and replacement in the form and substance satisfactory to such Third Party or Governmental Authority and Seller
or its applicable Affiliate. To the extent any Credit Support has not been released at Closing, from and after the Closing until all of
the Credit Support has been so released, Buyer shall (i)&nbsp;indemnify Seller and its Affiliates, other than Target Group, from and against
any Losses incurred by any of them arising out of or with respect to any of the Credit Support, and (ii)&nbsp;cause each member of the
Target Group not to amend, modify, or take any action to renew any Contract then subject to, or guaranteed or otherwise supported by,
Credit Support without the consent of Seller.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>The
Parties acknowledge and agree that in order to obtain applicable Consents or otherwise in connection with the transactions contemplated
by this Agreement, the counterparties to the Contracts specified in <U>Schedule 9.9(b)</U>&nbsp;(such Contracts, the &ldquo;<U>Specified
Contracts</U>&rdquo;) may require the Buyer to post or provide Credit Support (including replacement Credit Support) in favor of the Target
Group in amounts or in forms that may differ from the forms and amounts currently maintained or provided by or on behalf of the Target
Group, and otherwise demonstrate its financial and technical capability to perform under the Specified Contracts. Accordingly, and in
furtherance (and not in limitation) of <U>Section&nbsp;9.9(a)</U>, Buyer agrees that from and after the Execution Date until the Closing,
it shall (and shall cause its Affiliates to) (i)&nbsp;cooperate with and use commercially reasonable efforts to respond to any and all
technical and financial diligence requests as are reasonably requested or required by the counterparties to the Specified Contracts and
(ii)&nbsp;provide, or cause to be provided (effective as of and subject to the occurrence of Closing), (x)&nbsp;with respect to the Specified
Contracts set forth on <U>Schedule 9.9(b)-Part&nbsp;1</U>, any security, financial assurances or other Credit Support requested or required
by the counterparties pursuant to such Specified Contracts, or (y)&nbsp;with respect to the Specified Contracts set forth on <U>Schedule
9.9(b)-Part&nbsp;2</U>, any reasonable security, financial assurances or other Credit Support requested or required by the counterparties
pursuant to such Specified Contracts, in each case of this <U>Section&nbsp;9.9(b)</U>, to the extent that any such security, financial
assurances or other Credit Support are within the parameters specified in the express terms of the Specified Contracts (including pursuant
to an adequate assurances provision thereof). Seller and Buyer agree to cooperate in all respects with each other in communicating with
the counterparties to the Specified Contracts in connection with obtaining any Required Consents or providing any required Credit Support
or replacement Credit Support contemplated in this <U>Section&nbsp;9.9(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;9.10&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Affiliate
Arrangements</U>. At or prior to the Closing, Seller shall take (or cause to be taken) all actions necessary to (a)&nbsp;pay, settle,
discharge and terminate all Affiliate Arrangements (other than those set forth on <U>Schedule&nbsp;9.10</U>) and the MSA in a manner such
that no member of the Target Group nor Buyer or any of its Affiliates has any liability or obligation with respect thereto at or following
the Closing and (b)&nbsp;have the parties to such Affiliate Arrangements and the MSA (other than those set forth on <U>Schedule&nbsp;9.10</U>)
release and waive any and all claims that any of them may have under such arrangements as of the applicable termination date. Nothing
herein will prohibit Seller from keeping the MSA in place as between Seller and its Affiliates (other than the Target Group) and HG Energy
on and after Closing. At or prior to the Closing, at Buyer&rsquo;s request, Seller shall deliver to Buyer written evidence reasonably
satisfactory to Buyer of each such settlement and termination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;9.11&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Name
Change</U>. Within ten (10)&nbsp;Business Days of the Closing Date, Buyer shall cause the Target Group to file, all documentation reasonably
necessary to change the legal name of the Companies and the Company Subsidiaries in all applicable jurisdictions to remove &ldquo;HG&rdquo;
and &ldquo;HG Energy&rdquo; and any variants thereof (including any words, graphics, or designs that are confusingly similar thereto)
(collectively, the &ldquo;<U>HG Marks</U>&rdquo;) from their legal names, and no later than sixty (60) days after Closing, remove, strike
over or otherwise obliterate all materials, including, without limitations, any business cards, schedules, stationary, packaging materials,
displays, signs, promotional materials, manuals, forms, computer software and other materials referencing such legal names or any HG Mark
by the Target Group prior to Closing in each case, at Buyer&rsquo;s sole cost and expense. From and after Closing, (a)&nbsp;none of Buyer,
any Company or the Company Subsidiaries shall object to the formation by Seller or its Affiliates of any entity using any HG Mark; and
(b)&nbsp;each of Buyer, each member of the Target Group shall provide such consents as may be reasonably requested in connection with
(i)&nbsp;the formation of such new entity or (ii)&nbsp;any registration or filing with a Governmental Authority related to any HG Mark
at Seller&rsquo;s sole cost and expense. For the avoidance of doubt, from and after the Closing, subject to the terms of this <U>Section&nbsp;9.11</U>,
Buyer and its Affiliates (including after the Closing, the Target Group) shall have no right to use any HG Mark.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;9.12&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Regulatory
Approvals</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Each
Party and each Party&rsquo;s respective Affiliates shall prepare and submit, or cause to be prepared and submitted, to the applicable
Governmental Authority, as soon as is practical following the Execution Date (but no later than January&nbsp;2, 2026), all necessary filings
in connection with the transactions contemplated by this Agreement that may be required for obtaining the Required Governmental Approvals
or any other Governmental Approvals required under applicable Laws prior to the Closing Date, other than filings required under the HSR
Act. Each Party and each Party&rsquo;s respective Affiliates shall prepare and submit, or cause to be prepared and submitted the required
filings under the HSR Act as soon as practicable, but no later than January&nbsp;2, 2026. The Parties shall request or cause to be requested
expedited treatment of any such filings (including early termination of any applicable waiting periods under the HSR Act), promptly make
any appropriate or necessary subsequent or supplemental filings and cooperate with one another in the preparation of such filings in such
manner as is reasonably necessary and appropriate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Buyer
shall not take, and shall cause its Affiliates not to take, any action that could reasonably be expected to materially delay or impair
the approval of any Governmental Authority with respect to any of the aforementioned filings. Notwithstanding any other provision of this
Agreement, Buyer shall, and shall cause its Affiliates to, promptly take in order to consummate the transactions contemplated by this
Agreement and the Related Agreements as soon as reasonably practicable, use commercially reasonable efforts to take any and all actions
necessary to secure the expiration or termination of any applicable waiting period in connection with a Governmental Approval (including
in connection with the expiration or termination of any applicable waiting period under the HSR Act) and to avoid or resolve any action
or proceeding by any Governmental Authority (including in connection with antitrust laws) so as to consummate the transactions contemplated
by this Agreement in the most expeditious manner possible (and in any event no later than the Outside Date), including (i)&nbsp;resolving
any objections asserted to the transactions contemplated by this Agreement by any Governmental Authority; (ii)&nbsp;preventing the entry
of any orders of the applicable Governmental Authority having jurisdiction, and to have vacated, lifted, reversed or overturned any order,
that would prevent, prohibit, restrict, or delay the consummation of the transactions contemplated by this Agreement; (iii)&nbsp;litigating,
challenging or taking any other action with respect to any Proceeding in connection with the transactions contemplated by this Agreement;
(iv)&nbsp;entering into any settlement, undertaking, consent decree, stipulation or agreement with any Governmental Authority; (v)&nbsp;divesting,
holding separate or taking any other action with respect to the businesses, assets, or properties of Buyer, its Affiliates or the Target
Group (or agreeing to do any of the foregoing); and (vi)&nbsp;terminating, modifying, or extending any existing relationships or contractual
rights or obligations of Buyer, its Affiliates or the Target Group (each of <U>(i)&nbsp;&ndash; (vi)</U>&nbsp;a &ldquo;<U>Remedy Action</U>&rdquo;);
<I>provided, further</I> that any such Remedy Action may be conditioned upon the consummation of the Closing. For avoidance of doubt,
commercially reasonable efforts shall include any Remedy Action unless such Remedy Action individually or in the aggregate would reasonably
be expected have a material adverse effect on (1)&nbsp;the Target Group, taken as a whole; (2)&nbsp;Buyer and its Affiliates, taken as
a whole, but deemed for this purpose to be the same size as the Target Group, taken as a whole; or (3)&nbsp;the Target Group and Buyer
and its Affiliates, taken as a whole, but deemed for this purpose to be the same size as the Target Group. Buyer shall make the final
determination of the strategy to be pursued for obtaining, and lead the effort to obtain, all necessary Governmental Approvals.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Subject
to applicable confidentiality restrictions or restrictions required by applicable Laws, each Party will notify the other Party promptly
upon the receipt by such Party or its Affiliates of (i)&nbsp;any material comments or questions from any officials of any Governmental
Authority in connection with any filings made pursuant to this <U>Section&nbsp;9.12</U> or the transactions contemplated by this Agreement
and (ii)&nbsp;any request by any officials of any Governmental Authority for amendments or supplements to any filings made pursuant to
any applicable Laws or answers to any material questions, or the production of any documents, relating to an investigation of the transactions
contemplated by this Agreement. Whenever any event occurs that is required to be set forth in an amendment or supplement to any filing
made pursuant to this <U>Section&nbsp;9.12</U>, each Party shall promptly inform the other Party of such occurrence and cooperate in filing
promptly with the applicable Governmental Authority such amendment or supplement. Without limiting the generality of the foregoing, each
Party shall provide to the other Party (or its advisors), upon reasonable request and subject to appropriate confidentiality protections,
copies of all material correspondence between such Party and any Governmental Authority relating to the transactions contemplated by this
Agreement. The Parties may, as they deem advisable and necessary, designate any competitively sensitive materials provided to the others
under this <U>Section&nbsp;9.12</U> as &ldquo;outside counsel only.&rdquo; Such materials and the information contained therein shall
be given only to outside counsel of the recipient and shall not be disclosed by such outside counsel to employees, officers, or directors
of the recipient without the advance written consent of the Party providing such materials. In addition, to the extent reasonably practicable
and subject to appropriate confidentiality protections, all material discussions, telephone calls, and meetings with a Governmental Authority
regarding the transactions contemplated by this Agreement shall include representatives of both Buyer and Seller. Subject to applicable
Laws and to the extent reasonably practicable, the Parties shall consult and cooperate with each other in connection with any analyses,
appearances, presentations, memoranda, briefs, arguments, and proposals made or submitted to any Governmental Authority regarding the
transactions contemplated by this Agreement by or on behalf of any Party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>For
the avoidance of doubt, for purposes of this <U>Section&nbsp;9.12</U>, Seller&rsquo;s Affiliates shall include the Quantum Affiliated
Parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;9.13&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Target
Group Hedges</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>If
the Closing occurs, and subject to the remaining provisions of this <U>Section&nbsp;9.13</U>, the Parties intend that, as between Seller
and Buyer, (i)&nbsp;Seller and its Affiliates shall be responsible for, and entitled to, all economics and rights of ownership, including
all realized Hedge Gains and realized Hedge Losses, attributable to the Target Group Hedges for any calendar month ending prior to the
Effective Time (i.e., through December&nbsp;2025), which shall be Retained Assets for all purposes of this Agreement; and (ii)&nbsp;Buyer
and its Affiliates (including, following Closing, the Target Group), shall be responsible for, and entitled to all economics and rights
of ownership, including all realized Hedge Gains and realized Hedge Losses, attributable to the Target Group Hedges for any calendar month
beginning with (and including) January&nbsp;2026, which shall be Oil&nbsp;&amp; Gas Assets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>In
furtherance of <U>Section&nbsp;9.13(a)</U>, no later than at Closing, Buyer shall execute and deliver, or cause its applicable Affiliates
to execute and deliver to each Target Group Hedge Counterparty any such documentation as is reasonably requested or required from such
Target Group Hedge Counterparty to either (i)&nbsp;cause such Target Group Hedges to remain in place with the applicable Target Group
Hedge Counterparty, without such Target Group Hedge Counterparty having a right to terminate the applicable Target Group Hedges as a result
of the consummation of the Closing or the transactions contemplated by this Agreement; or (ii)&nbsp;cause such Target Group Hedge to be
novated to Buyer, an Affiliate of Buyer, and/or a designated by Buyer at the Closing pursuant to a Novation Agreement effective as of
the Closing. Buyer shall bear one hundred percent (100%) of all novation fees or other out of pocket costs, fees and expenses payable
to any Target Group Hedge Counterparty in connection with any such Novation Agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Seller
shall (and, prior to the Closing, shall cause the Target Group to) cooperate in a timely and reasonable manner with the execution, delivery
and performance of any such Novation Agreement and other related agreements or documentation described in <U>Section&nbsp;9.13(b)</U>&nbsp;and
take such further action as is reasonably requested or required by Buyer including, upon Seller&rsquo;s receipt of Buyer&rsquo;s prior
written request and consent, (i)&nbsp;executing and delivering an amendment to any Target Group Hedge (which shall be effective and conditioned
on the occurrence of Closing); and (ii)&nbsp;making introductions of Buyer to the Target Group Hedge Counterparties and existing lenders
and facilitating relevant coordination between Buyer and such Target Group Hedge Counterparties and existing lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>If
on the Closing Date (or such later date as may be agreed by the Parties), with respect to any Target Group Hedge, the applicable Target
Group Hedge Counterparty thereto has not indicated in writing that it has finalized and is prepared to execute and deliver a Novation
Agreement or such other agreements and documents as may be required in accordance with <U>Section&nbsp;9.13(b)</U>&nbsp;on or promptly
following the Closing Date (any such Target Group Hedge, an &ldquo;<U>Subject Hedge Contract</U>&rdquo;), then (A)&nbsp;Seller shall be
permitted to (or to cause the applicable member of the Target Group to) terminate and liquidate any such Subject Hedge Contract at or
prior to Closing, (B)&nbsp;from and after Closing, and separate and apart from Buyer&rsquo;s obligation to pay the Purchase Price to Seller,
Buyer shall be responsible for, fund and pay each applicable Target Group Hedge Counterparty to each such Subject Hedge Contract any and
all Hedge Losses, fees, penalties, payments and expenses owed to each such Target Group Hedge Counterparty as a result of Closing the
transactions contemplated by this Agreement (including any and all Hedge Losses, fees, penalties, payments and expenses owed in connection
with or upon termination or liquidation of any such Subject Hedge Contract), and (C)&nbsp;Buyer (and not Seller) shall be entitled to
all Hedge Gains received by or payable to Seller or the applicable member of the Target Group, in each case, in connection with or upon
termination or liquidation of such Subject Hedge Contracts (excluding, for avoidance of doubt, any realized Hedge Gains attributable to
such Subject Hedge Contracts that are settled in any calendar month ending prior to the Effective Time); <I>provided</I> that, Seller
will consider in good faith any reasonable request of Buyer not to terminate and liquidate any Subject Hedge Contract at or prior to Closing
if (and only to the extent) the applicable Target Group Hedge Counterparty has (i)&nbsp;agreed in writing that it is ready, willing and
able to provide or (ii)&nbsp;confirmed in writing it has authorized the applicable agent under a financing to provide, in each case, all
releases and other similar documentation of Liens and encumbrances securing such Target Group Hedges, in each case, that Seller is required
to deliver at Closing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Notwithstanding
anything in this Agreement to the contrary, except to the extent that any such failure is caused by a willful and intentional breach by
Seller of this <U>Section&nbsp;9.13</U>, in no event will any failure by Seller to comply with this <U>Section&nbsp;9.13</U> be used by
Buyer as a basis to (i)&nbsp;terminate this Agreement, (ii)&nbsp;assert the failure of any of Buyer&rsquo;s conditions to Closing to be
satisfied, (iii)&nbsp;assert that Seller is not entitled to terminate this Agreement or (iv)&nbsp;assert any claim for damages under this
Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;9.14&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>[RESERVED]</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">Section&nbsp;9.15&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Buyer
Financing.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>From
the Execution Date until the Closing Date (or, if earlier, the date this Agreement is terminated pursuant to <U>Section&nbsp;13.1</U>),
Buyer shall use commercially reasonable efforts to take, or cause to be taken, all actions and do, or cause to be done, as promptly as
reasonably practicable, all things necessary to consummate the Financing to fund the Funding Requirements on the Closing Date. In furtherance
of and not in limitation of the foregoing, Buyer shall use commercially reasonable efforts to: (i)&nbsp;satisfy, or cause to be satisfied,
on a timely basis (or obtain the waiver of) all conditions to Buyer obtaining the Financing set forth in the Debt Commitment Letter that
are to be satisfied by Buyer (including the payment of any fees required as a condition to the Financing) on or prior to the Closing Date;
(ii)&nbsp; negotiate and enter into definitive agreements with respect to the Financing on the terms (unless otherwise acceptable to Buyer)
and conditions no less favorable to Buyer and its Affiliates than those contemplated by the Debt Commitment Letter (including any related
 &ldquo;market flex&rdquo; provisions) or on other terms (not related to conditionality) that are reasonably acceptable to the Financing
Sources, so that the agreements are in effect no later than the Closing Date; (iii)&nbsp;maintain in effect the Debt Commitment Letter
through the consummation of the Closing (or, if earlier, the date this Agreement is terminated pursuant to <U>Section&nbsp;13.1</U>),
subject to any amendments, modifications, consents or waivers thereto or replacements thereof permitted by this Agreement; and (iv)&nbsp;in
the event that all conditions precedent to the funding of the Financing in the Debt Commitment Letter have been satisfied or waived (or
upon funding will be satisfied), consummate the Financing at or prior to the time the Closing is required to occur pursuant to <U>Section&nbsp;2.6</U>
(to the extent necessary to fund the Closing Payment, Payoff Amount and other amounts due by Buyer at the Closing).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Buyer
shall promptly notify Seller in writing (A)&nbsp;of any material breach or default (or any event or circumstance that, with or without
notice, lapse of time or both, would reasonably be expected to result in a material breach or default) by any party to the Debt Commitment
Letter or other Debt Document of which Buyer becomes aware, (B)&nbsp;if and when Buyer becomes aware that any portion of the Financing
contemplated by the Debt Commitment Letter may not be available for the Funding Requirements in an amount sufficient to consummate the
Closing on the Closing Date, and (C)&nbsp;of the receipt of any written notice or other written communication from any Financing Source
with respect to any actual or potential material breach, default, termination or repudiation by any party to the Debt Commitment Letter
or material dispute or disagreement between or among any parties to the Debt Commitment Letter or other Debt Document (but excluding,
for the avoidance of doubt, any ordinary course negotiations with respect to the terms of the Financing or Debt Documents); <I>provided</I>
that, with respect to foregoing clauses (A)&nbsp;through (C), in no event shall Buyer be under any obligation to deliver or disclose any
information that would reasonably be expected to waive the protection of attorney-client privilege or similar legal privilege or breach
any duty of confidentiality. Without limiting the foregoing, Buyer shall upon reasonable request keep Seller informed on a reasonably
current basis in reasonable detail of material developments concerning the Financing. If any material portion of the Financing becomes
unavailable on the terms and conditions contemplated in the Debt Commitment Letter (after taking into account &ldquo;market flex&rdquo;
terms), Buyer shall use commercially reasonable efforts to arrange and obtain alternative financing for any such unavailable portion from
the same or alternative sources (&ldquo;<U>Alternative Financing</U>&rdquo;), in an amount that is sufficient, when taken together the
available portion of the Financing and other sources of funds available to Buyer and its Affiliates, to consummate the transactions contemplated
by this Agreement and to pay the Funding Requirements and the provisions of this <U>Section&nbsp;9.15</U> shall be applicable to the Alternative
Financing, and, for the purposes of <U>Section&nbsp;9.16</U> and this <U>Section&nbsp;9.15</U>, all references to the Financing shall
be deemed to include such Alternative Financing and all references to the Debt Commitment Letter or other Debt Documents shall include
the applicable corresponding documents for the Alternative Financing; <I>provided</I>, that in no event will Buyer be required to (x)&nbsp;agree
to any terms that are, in the sole discretion of Buyer, materially less favorable (taken as a whole) to Buyer and its Affiliates than
those set forth in the Debt Commitment Letter in effect on the date hereof or (y)&nbsp;pay any fees, original issue discount, interest
or other economics, as applicable, or agree to any prepayment premium or call protection, in each case, in excess of those contemplated
by the Debt Commitment Letter. Buyer shall promptly provide a true, correct and complete copy of each Alternative Financing commitment
letter and any related fee letter(s)&nbsp;to Seller (provided that the provisions of such fee letter(s)&nbsp;related solely to fees, economic
terms and &ldquo;market flex&rdquo; provisions agreed to by the parties may be redacted (none of which redacted provisions could reasonably
be expected to impose additional conditions or contingencies on the availability of the Financing at the Closing)) not permit, without
the prior written consent of Seller, any material amendment or modification to be made to, or any termination, rescission or withdrawal
of, or any material waiver of any provision or remedy under, the Debt Commitment Letter (including the Fee Letter), in each case, that
(individually or in the aggregate with any other amendments, modifications or waivers) would reasonably be expected to (x)&nbsp;reduce
the aggregate amount of the cash proceeds of the Financing thereunder (including by changing the amount of fees to be paid or original
issue discount thereof (except as set forth in any &ldquo;market flex&rdquo; provisions in the Fee Letter)) available to be funded on
the Closing Date to an amount less than the amount required for Buyer to consummate the transactions contemplated hereby at the Closing
or (y)&nbsp;impose any new or additional condition, or otherwise amend, modify or expand any condition, to the receipt of any portion
of the Financing in a manner that would reasonably be expected to (i)&nbsp;materially delay or prevent the Closing Date or make the funding
of the Financing materially less likely to occur or (ii)&nbsp;adversely impact the ability of Buyer to enforce its rights against any
other party to the Debt Commitment Letter or the ability of Buyer to consummate the transactions contemplated hereby at the Closing; <I>provided</I>,
that notwithstanding anything to the contrary herein, no consent from Seller or any other party hereto shall be required for (1)&nbsp;any
amendment, restatement, amendment and restatement, replacement, supplement, or other modification of, or waiver or consent under the Debt
Commitment Letter that is limited to adding lenders, lead arrangers, bookrunners, syndication agents, or similar entities that have not
executed the Debt Commitment Letter as of the date of this Agreement (including in replacement of a Financing Source thereunder) or (2)&nbsp;implementation
or exercise of any economic &ldquo;market flex&rdquo; provision.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;9.16&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Financing
Cooperation</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Prior
to Closing, Seller shall, and shall cause the Target Group to, and shall use commercially reasonable efforts to cause its and their respective
directors, officers, accountants, consultants, legal counsel, advisors, agents and other representatives to, at Buyer&rsquo;s sole cost
and expense and at AR&rsquo;s or Antero Midstream&rsquo;s reasonable request, cooperate in good faith with AR or Antero Midstream, as
applicable, in connection with the Financing. Such cooperation shall include (without limitation) the following (i)&nbsp;providing the
Financing Information as promptly as reasonably practicable, and thereafter to provide any further Financing Information and any readily
available information with respect to the Target Group reasonably necessary for AR or Antero Midstream to prepare customary pro forma
balance sheets and financial projections, in each case, promptly upon the reasonable request of AR or Antero Midstream, as applicable;
(ii)&nbsp;reasonable participation in, and assistance with, customary marketing and syndication efforts related to the Financing and participation
by appropriate members of senior management of the Target Group in a reasonable number of meetings, presentations, roadshows, due diligence
sessions and drafting and negotiation sessions with the Financing Sources (including such meetings and presentations in connection with
obtaining ratings in connection with the Financing), in each case, by conference calls and shall be at reasonable times with reasonable
advance notice; (iii)&nbsp;providing reasonable assistance with the preparation of customary materials for rating agency presentations,
customary offering documents, confidential information memoranda (including a version that does not include material non-public information),
private placement memoranda, high-yield offering prospectuses, lender presentations, bank information memoranda and other customary marketing
and syndication materials necessary or appropriate in connection with any Financing; (iv)&nbsp;providing reasonable cooperation with AR
or Antero Midstream and the Financing Sources&rsquo; due diligence efforts; (v)&nbsp;directing, and taking all commercially reasonably
requested actions to permit (including delivering customary authorization and representation letters) the present and former, as applicable,
independent accountants and independent reserve engineers for Seller and the Target Group to provide reasonable assistance to AR or Antero
Midstream in connection with any Financing consistent with their customary practice (including providing accountants&rsquo; and reserve
engineer&rsquo;s comfort letters and consents from such independent accountants or independent reserve engineers in connection with the
Financing and participating in customary due diligence calls in connection therewith); (vi)&nbsp;following AR&rsquo;s or Antero Midstream&rsquo;s
reasonable written request at least nine (9)&nbsp;Business Days prior to the Closing Date, providing to AR, Antero Midstream and the Financing
Sources at least three (3)&nbsp;Business Days prior to the Closing Date all documentation and other information regarding Seller or the
Target Group that is required by regulatory authorities under applicable &ldquo;beneficial ownership,&rdquo; &ldquo;know your customer&rdquo;
and anti-money laundering rules&nbsp;and regulations, including the PATRIOT Act, in connection with the Financing; and (vii)&nbsp;taking
all actions reasonably desirable to permit the discharge in full as of the Closing of all Specified Indebtedness, including obtaining
customary payoff letters, lien terminations, releases of guaranties and other instruments of discharge to evidence that all such Indebtedness
for Borrowed Money shall have been paid in full, all commitments to lend terminated and all liens securing such Indebtedness for Borrowed
Money encumbering any of the Target Group&rsquo;s assets shall have been released, together with duly executed recordable releases and
terminations with respect to any and all such liens. Notwithstanding any other provision set forth herein, the Seller and the Target Group
agree that Buyer and its applicable Affiliates may share the information provided under this paragraph with the Financing Sources and
potential Financing Sources in connection with any marketing efforts in connection with the Financing, so long as all such parties are
party to or otherwise subject to confidentiality obligations substantially comparable to such obligations set forth in the Confidentiality
Agreement or otherwise reasonably satisfactory to the Seller (it being understood for the avoidance of doubt that the reasonable and customary
processes of sharing a customary offering memorandum with potential investors for a Rule&nbsp;144A and/or Regulation S offering of debt
securities shall be deemed to be reasonably satisfactory).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Notwithstanding
anything in this Agreement to the contrary: (i)&nbsp;nothing herein shall require cooperation or other actions or efforts on the part
of Seller or the Target Group, or any of their respective representatives in connection with the Financing to the extent it would interfere
unreasonably in any material respect with the operations of the Target Group; (ii)&nbsp;none of Seller or the Target Group, or any of
their respective representatives, will be required to pay any commitment or other similar fee, to incur any other liability or to enter
into any contract in connection with the Financing; (iii)&nbsp;none of Seller or the Target Group, or their respective representatives,
shall be required to consent to the pre-filing of UCC-1 financing statements or any other grant of any Lien or other encumbrances that
will be effective prior to the Closing; (iv)&nbsp;nothing herein shall require the (A)&nbsp;pre-Closing governing body of Seller or any
member of the Target Group to adopt resolutions approving the Financing or otherwise approve or (B)&nbsp;any officer or other member of
such governing body to execute, in each case, the agreements, documents or instruments in connection with the Financing, in each case
for this clause (iv), that is not contingent on the Closing or that would be effective prior to the Closing; (v)&nbsp;Seller shall not
be required to provide any Excluded Information and (vi)&nbsp;Seller shall not be required to (A)&nbsp;make any representation or warranty
in connection with the Financing (except any customary representation and authorization letters and customary management representation
letters required by Buyer&rsquo;s independent auditors in connection with delivery of &ldquo;comfort&rdquo; letters), (B)&nbsp;take any
actions that would breach any contract, (C)&nbsp;take any action that may result in a loss of attorney-client privilege, or (D)&nbsp;provide
(or cause legal counsel to provide) any legal opinions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Buyer
shall indemnify and hold harmless Seller, the Target Group and each of their respective Affiliates and representatives from and against
any and all Losses suffered or incurred by any of them in connection with any of their cooperation or assistance with respect to the Financing
or the provision of any Financing Information and other information utilized in connection therewith or otherwise arising from the Financing;
provided, however, that the foregoing obligations shall not apply to any Losses incurred as a result of the gross negligence, bad faith
or willful misconduct of Seller, the Target Group or any of their Affiliates or their respective representatives.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Notwithstanding
anything to the contrary in this Agreement, Seller and the Target Group shall be deemed not to have breached any of its obligations under
this <U>Section&nbsp;9.16</U> unless (i)&nbsp;Seller or a member of the Target Group committed a willful and material breach of this <U>Section&nbsp;9.16</U>;
(ii)&nbsp;Buyer provided written notice to Seller of such willful and material breach; (iii)&nbsp;such willful and material breach has
not been cured within five (5)&nbsp;Business Days after such notice; and (iv)&nbsp;such willful and material breach has been the proximate
cause of the Financing not to be obtained on the Closing Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;9.17&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Financial
Information</U>. From and after the Execution Date until the date that is twelve (12) months after the Closing Date (the &ldquo;<U>Records
Period</U>&rdquo;), in the event AR or Antero Midstream is required (including, for the avoidance of doubt, in the Current Reports on
Form&nbsp;8-K to be filed in connection with the Closing and in any registration statement or proxy statement) to separately include financial
information or, as applicable, oil and gas reserves information, including pro forma financial statements and SMOG Information, associated
with the Target Group in documents filed with the SEC pursuant to the Securities Act or the Exchange Act, or as customarily included in
offering documentation for private or public offerings of debt or equity securities, Seller agrees to use commercially reasonable efforts
to make available to AR or Antero Midstream and their respective Affiliates and their representatives any and all books, records, information
and documents to the extent that such are attributable to the Target Group and in Seller&rsquo;s or its Affiliates&rsquo; possession or
control and to which Seller and its Affiliates&rsquo; personnel have reasonable access, in each case, as reasonably required by AR or
Antero Midstream, their respective Affiliates and their representatives in order to prepare such financial information or oil and gas
reserves information, including pro forma financial statements and SMOG Information, in connection with such filings or offerings, provided
that such activities do not unreasonably interfere with the affairs of Seller and its Affiliates and that AR or Antero Midstream, as applicable,
shall be solely responsible for any costs or expenses associated therewith, including, for the avoidance of doubt, any such costs and
expenses associated with the storage and maintenance of records for the foregoing purposes. During the Records Period, if Closing has
not occurred prior to January&nbsp;1, 2026, if requested by AR or Antero Midstream, the Seller shall provide to (i)&nbsp;AR, no later
than February&nbsp;20, 2026, audited financial statements of the HG Energy II Production Holdings, LLC and its consolidated subsidiaries
as of and for the years ended December&nbsp;31, 2025 and 2024, including SMOG Information and (ii)&nbsp;Antero Midstream, no later than
February&nbsp;20, 2026, audited financial statements of the HG Energy II Midstream Holdings, LLC and its consolidated subsidiaries as
of and for the years ended December&nbsp;31, 2025 and 2024. During the Records Period, upon AR&rsquo;s or Antero Midstream&rsquo;s reasonable
request for the same, Seller shall instruct its accountants, reserve engineers, counsel, agents and other third parties to (a)&nbsp;reasonably
cooperate with AR or Antero Midstream and their respective representatives in connection with the provision of information necessary for
the preparation by AR or Antero Midstream of any such financial or oil and gas reserves information that is required to be included in
any filing or offering documentation by AR or Antero Midstream or their respective Affiliates, and (b)&nbsp;provide customary consents
and comfort letters as AR or Antero Midstream may reasonably request in connection with such filing or offering documentation; provided,
in each case, that Buyer shall be solely responsible for any costs or expenses associated therewith. Buyer shall indemnify and hold harmless
Seller, the Target Group and their respective Affiliates, from and against any and all Losses suffered or incurred by them in connection
with the obligations of Seller and its respective Affiliates under this <U>Section&nbsp;9.17</U>, other than suffered or incurred as a
result of the gross negligence, bad faith or willful misconduct of Seller, the Target Group or any of their Affiliates or their respective
representatives. Notwithstanding anything to the contrary contained in this Agreement, none of Seller&rsquo;s, the Target Group&rsquo;s
or any of their Affiliates&rsquo; performance under this <U>Section&nbsp;9.17</U> shall be taken into account with respect to whether
any condition to Closing set forth in <U>Article&nbsp;XII</U> shall have been satisfied.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; text-transform: uppercase; color: #010000"><B>Article&nbsp;X
</B></FONT><B><BR>
SURVIVAL; EXCLUSIVE REMEDY; RELEASE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;10.1&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Survival</U>.
Except in the case of Fraud, the survival periods for the various representations, warranties, covenants and agreements contained in this
Agreement shall be as follows: (a)&nbsp;the representations and warranties in this Agreement and in any certificate delivered pursuant
hereto by any Person shall terminate effective as of the Closing and shall not survive the Closing for any purposes, and thereafter there
shall be no liability on the part of, nor shall any claim be made by, any Party or any of their respective Affiliates in respect thereof,
except in the case of Fraud, and (b)&nbsp;the covenants and other agreements of the Parties set forth in this Agreement to be performed
on or before Closing shall expire at Closing. The covenants and other agreements of the Parties set forth in this Agreement to be performed
after Closing shall survive until such covenants and other agreements of such party have been fully performed, except in the case of Fraud.
From and after the Closing, Buyer shall, absent Fraud, look solely to the R&amp;W Insurance Policy, and shall not seek recovery or indemnification
from Seller, the Target Group or any of their respective Affiliates or direct or indirect equityholders, with respect to any claims, matters
or causes of action arising out of or related to any breach of, or inaccuracy in, any representation or warranty of Seller or the Companies
in this Agreement or any Related Agreement. In the case of Fraud, only the Person who committed such Fraud shall be liable for such Fraud
(and no other Persons shall have any liability with respect to such Fraud) and Buyer shall not pursue any remedy or exercise any rights
against any other Person with respect to such Fraud, <I>provided</I> that Seller shall be liable for the Fraud of any Seller Related Parties.
Notwithstanding anything in this Agreement to the contrary, nothing in this Agreement shall release or relieve any Person or any of its
Affiliates for Fraud or any Losses or other relief resulting therefrom. This <U>Section&nbsp;10.1</U> does not limit, and shall not be
construed as limiting, Buyer&rsquo;s rights under the R&amp;W Insurance Policy in accordance with the terms set forth therein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;10.2&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Exclusive
Remedy</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Notwithstanding
anything in this Agreement to the contrary, (i)&nbsp;for any and all Losses arising out of any breaches of the representations and warranties
of Seller or the Companies or any breaches of the covenants of Seller or the Companies that do not require performance following the Closing,
in each case made in this Agreement or any Related Agreement, Buyer shall be entitled to recovery solely and exclusively from the R&amp;W
Insurance Policy and not from Seller except in the case of Fraud, (ii)&nbsp;in no event shall Seller or the Companies be liable for any
indemnification or other payment to Buyer under or in connection with this Agreement, other than pursuant to the express terms of the
Escrow Agreement and any Shortfall Amount pursuant to <U>Section&nbsp;2.7(e)</U>, in the case of Fraud or with respect to the performance
of post-Closing covenants or except as expressly provided in any Related Agreement, and (iii)&nbsp;in no event shall Buyer have any right
to seek indemnification, payment or any other recourse of any type, under or in connection with, this Agreement from (x)&nbsp;Seller or
the Companies, other than pursuant to the express terms of the Escrow Agreement or <U>Section&nbsp;2.7(e)</U>, in the case of Fraud or
with respect to the performance of post-Closing covenants or except as expressly provided in any Related Agreement, by applicable Law
or the applicable Governing Documents, or (y)&nbsp;from any Person (including any past, present or future director, officer, employee,
manager, member, partner, direct or indirect equityholder, Affiliate, agent, attorney or other representative of any of the Companies
or Seller) that is not expressly named as Party to this Agreement, except in the case of Fraud or as expressly provided in any Related
Agreement, by applicable Law or the applicable Governing Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>From
and after the Closing, except in the case of Fraud or with respect to the performance of post-Closing covenants or except as expressly
provided in any Related Agreement the rights provided under the R&amp;W Insurance Policy contemplated by <U>Section&nbsp;9.8</U> shall
be the sole and exclusive remedy of Buyer with respect to any and all claims arising out of or relating to Buyer&rsquo;s investigation
of the Target Group, the Target Interests, this Agreement, the Related Agreements, the negotiation, execution and delivery of this Agreement
or any Related Agreement (except to the extent otherwise expressly set forth herein or therein) or the performance by the Parties of its
or their terms, and no other remedy shall be had pursuant to any contract, misrepresentation, strict liability or tort theory or otherwise
by Buyer and its officers, directors, managers, partners, direct or indirect equityholders, employees, agents, Affiliates, representatives,
insurers, successors and assigns, all such remedies being hereby expressly waived to the fullest extent permitted under Law (including
claims under the Comprehensive Environmental Response, Compensation and Liability Act, 42 U.S.C. &sect; 9601, <I>et seq</I>, and any other
Environmental Laws). In addition to the foregoing, Buyer shall not be entitled to (i)&nbsp;a rescission of this Agreement or any Related
Agreement for any reason or (ii)&nbsp;any further indemnification rights or claims of any nature whatsoever (except for claims of Fraud),
in each case, all of which are hereby expressly waived by Buyer to the fullest extent permitted under Law (except to the extent otherwise
expressly set forth herein or therein).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;10.3&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Release</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Effective
as of immediately prior to the Closing, Seller, its Affiliates, and their respective successors and assigns hereby fully and unconditionally
releases, acquits and forever discharges the members of the Target Group and each of their respective current and former officers, directors,
employees, partners, managers, members, advisors, successors and assigns from any and all manner of actions, causes of actions, claims,
obligations, demands, damages, costs, expenses, compensation or other relief, and their respective successors and assigns, whether known
or unknown, whether in Law or equity, of any kind, Seller now has or has ever had against the members of the Target Group, arising out
of or relating to Seller&rsquo;s ownership of the Target Interests or the ownership or operation of the Oil&nbsp;&amp; Gas Assets by the
Companies or the Company Subsidiaries, or any actions taken or failed to be taken by the Companies, the Company Subsidiaries and each
of their respective current and former officers, directors, employees, partners, managers, members, advisors, successors and assigns occurring
or arising on or prior to the date of this Agreement. The foregoing notwithstanding, the release and discharge provided for herein shall
not (i)&nbsp;release the members of the Target Group of their respective obligations or liabilities following Closing, if any, pursuant
to this Agreement or the Related Agreements, (ii)&nbsp;release the members of the Target Group of any indemnification and/or exculpation
obligations of such Person to Seller as a manager of such Person, in Seller&rsquo;s capacity as such, pursuant to such Person&rsquo;s
Governing Documents or applicable Law, (iii)&nbsp;be deemed to constitute a waiver of the availability of insurance to cover claims, or
(iv)&nbsp;release any claims for Fraud.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Effective
as of immediately prior to the Closing, Buyer and each Company, for itself and on behalf of the Company Subsidiaries and each of Buyer&rsquo;s
and their respective equityholders, successors and assigns, hereby fully and unconditionally releases, acquits and forever discharges
(i)&nbsp;Seller, HG Energy, each of their Affiliates, and their respective successors and assigns and (ii)&nbsp;all current and former
directors, managers, officers, partners, members, advisors, agents and successors and assigns of Seller, HG Energy, each of their Affiliates,
each Company and the Company Subsidiaries from any and all manner of actions, causes of actions, claims, obligations, demands, damages,
costs, expenses, compensation or other relief, whether known or unknown, whether in Law or equity, of any kind, which such Company now
has or has ever had against such Persons, arising out of or relating to (A)&nbsp;in respect of Seller, Seller&rsquo;s ownership of the
Target Interests, and (B)&nbsp;in respect of such directors, managers, officers and agents, for acts and omissions on behalf of such Company
and its respective Subsidiaries or the relationship with such Company and its respective Subsidiaries, in each case, other than with respect
to their respective obligations and liabilities, if any, under this Agreement or the Related Agreements or for claims of Fraud or under
the R&amp;W Insurance Policy or pursuant to such Person&rsquo;s Governing Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Notwithstanding
anything in this Agreement to the contrary (including <U>Section&nbsp;10.2</U>, this <U>Section&nbsp;10.3</U>, <U>Section&nbsp;14.10</U>,
and <U>Section&nbsp;14.11</U>) nothing in this Agreement shall release or relieve any Person or any of its Affiliates from any Losses
or other relief resulting, from Fraud.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; text-transform: uppercase; color: #010000"><B>Article&nbsp;XI
</B></FONT><B><BR>
TAX MATTERS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;11.1&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Proration
of Taxes</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Solely
for purposes of determining the Purchase Price pursuant to <U>Section&nbsp;2.3</U>, <U>Section&nbsp;2.5</U>, and <U>Section&nbsp;2.7</U>
and the allocation of tax refunds pursuant to <U>Section&nbsp;11.5</U>, (i)&nbsp;Seller shall be allocated all Taxes of the Target Group
for any Pre-Effective Time Tax Period and the portion of any Straddle Period ending immediately prior to the Effective Time and (ii)&nbsp;(A)&nbsp;AR
shall be allocated all Taxes of HG II Production and its Subsidiaries for any Post-Effective Time Tax Period and the portion of any Straddle
Period beginning at the Effective Time and (B)&nbsp;AM shall be allocated all Taxes of HG II Midstream Holdings and its Subsidiaries for
any Post-Effective Time Tax Period and the portion of any Straddle Period beginning at the Effective Time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>For
purposes of determining the Tax allocations described in <U>Section&nbsp;11.1(a)</U>, (i)&nbsp;Asset Taxes that are attributable to the
severance or production of Hydrocarbons (other than such Asset Taxes that are ad valorem, property or similar Asset Taxes imposed on a
periodic basis) shall be allocated to the period (or portion of any Straddle Period) in which the severance or production giving rise
to such Asset Taxes occurred, (ii)&nbsp;Asset Taxes that are based upon or related to sales or receipts or imposed on a transactional
basis (other than such Asset Taxes that are ad valorem, property or similar Asset Taxes imposed on a periodic basis or that are described
in clause (iii)) shall be allocated to the period (or portion of any Straddle Period) in which the transaction giving rise to such Asset
Taxes occurred, (iii)&nbsp;Asset Taxes that are ad valorem, property or other Asset Taxes imposed on a periodic basis (including, for
the avoidance of doubt, any West Virginia Oil&nbsp;&amp; Gas Property Taxes and Pennsylvania Unconventional Gas Well Fees) pertaining
to a Straddle Period shall be allocated between the portion of such Straddle Period ending immediately prior to the Effective Time and
the portion of such Straddle Period beginning at the Effective Time by prorating each such Asset Tax based on the number of days in the
applicable Straddle Period that occur before the date on which the Effective Time occurs, on the one hand, and the number of days in such
Straddle Period that occur on and after the date on which the Effective Time occurs, on the other hand, and (iv)&nbsp;any other Taxes
imposed on HG II Production and its Subsidiaries or HG II Midstream Holdings and its Subsidiaries, in each case, shall be allocated using
a &ldquo;closing of the books&rdquo; methodology as of the Effective Time. For purposes of clause (iii)&nbsp;of the preceding sentence,
with respect to West Virginia Oil&nbsp;&amp; Gas Property Taxes, the period for such Asset Taxes shall be the &ldquo;property tax year&rdquo;
as defined in West Virginia Code Section&nbsp;11-3-1(f)(3), notwithstanding the July&nbsp;1st assessment date (as a result, (x)&nbsp;the
amount of West Virginia Oil&nbsp;&amp; Gas Property Taxes assessed or assessable on July&nbsp;1, 2024 (for the 2025 calendar year) shall
be allocated entirely to Seller, and (y)&nbsp;the amount of such West Virginia Oil&nbsp;&amp; Gas Property Taxes assessed or assessable
on July&nbsp;1, 2025 (for the 2026 calendar year) shall be allocated entirely to AR with respect to any Oil&nbsp;&amp; Gas Assets owned
by HG II Production and its Subsidiaries and AM with respect to any Oil&nbsp;&amp; Gas Assets owned by HG II Midstream Holdings and its
Subsidiaries).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>To
the extent the actual amount of Asset Taxes is not known at the time an adjustment is to be made with respect to the Purchase Price pursuant
to <U>Section&nbsp;2.3</U>, <U>Section&nbsp;2.5</U> or <U>Section&nbsp;2.7</U>, the Parties shall utilize the most recent information
available in estimating the amount of such Asset Tax for purposes of such adjustment.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">For the avoidance of doubt, this <U>Section&nbsp;11.1</U>
is not intended to allocate any Flow-Through Income Taxes of Seller to Buyer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;11.2&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Tax
Returns</U>. After the Closing, subject to the terms of any Transition Services Agreement required to be filed and/or paid by Third Party
operators and excluding any Tax Returns and Asset Taxes, Buyer shall, or shall cause the applicable member of the Target Group to, (i)&nbsp;prepare
and timely file, or cause to be prepared and timely filed, all Tax Returns required to be filed by, or with respect to, the Target Group
or the Oil&nbsp;&amp; Gas Assets for any Pre-Effective Time Tax Period or Straddle Period, in each case, that are required to be filed
after the Closing Date and prior to the determination of the Final Purchase Price (&ldquo;<U>Pre-Effective Time Tax Return</U>&rdquo;)
and (ii)&nbsp;timely pay all Taxes due after the Closing Date with respect to such Pre-Effective Time Tax Return. Any such Pre-Effective
Time Tax Return prepared and filed or caused to be prepared and filed by or on behalf of the Target Group shall be prepared in accordance
with past practice (to the extent permitted by applicable Law) and shall be timely filed with the appropriate Taxing Authority, and any
such Taxes attributable to a Pre-Effective Time Tax Period shall be taken into account in determining the Final Purchase Price pursuant
to <U>Section&nbsp;2.7</U>. Buyer shall provide Seller with a copy of any such Pre-Effective Time Tax Return at least thirty (30) days
prior to the due date for the filing of such Tax Return (or within a commercially reasonable period after the end of the relevant Tax
period, if such Tax Return is required to be filed less than thirty (30) days after the close of such Tax period), and Buyer shall incorporate
all reasonable comments of Seller provided to Buyer in advance of the due date for the filing of such Tax Return. Nothing in this <U>Section&nbsp;11.2</U>
shall be interpreted as altering the manner in which Taxes are allocated to and economically borne by the Parties (except for any penalties,
interest or additions to Tax imposed as a result of any breach by Buyer of its obligations under this <U>Section&nbsp;11.2</U>, which
shall be borne by Buyer).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;11.3&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Transfer
Taxes</U>. Each of AR and AM shall be solely responsible for the timely payment of, and shall bear, all sales, use, value added, documentary,
stamp, gross receipts, registration, transfer, conveyance, excise, recording, license, stock transfer stamps and other similar Taxes and
fees, if any, resulting from the acquisition of the Target Interests of HG II Production and HG II Midstream Holdings, respectively, pursuant
to <U>Section&nbsp;2.1</U> (collectively, &ldquo;<U>Transfer Taxes</U>&rdquo;). Each of AR and AM shall, or shall cause HG II Production
and HG II Midstream Holdings and their respective Subsidiaries to, file all necessary Tax Returns and other documentation with respect
to all such Transfer Taxes as required by applicable Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;11.4&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Cooperation</U>.
Buyer and Seller agree to furnish or cause to be furnished to the other, upon request, as promptly as practicable, such information and
assistance relating to the Target Group, including access to books and records, as is reasonably necessary for the filing of all Tax Returns
by Buyer or Seller, the making of any election relating to Taxes, the preparation for any audit by any Taxing Authority and the prosecution
or defense of any claim, suit or proceeding relating to any Tax. In the event of any conflict between <U>Section&nbsp;9.6</U> and this
<U>Section&nbsp;11.4</U>, this <U>Section&nbsp;11.4</U> shall control with respect to Tax matters.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;11.5&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Tax
Refunds</U>. Seller shall be entitled to (i)&nbsp;any and all refunds of Taxes set forth on <U>Schedule 1.1(d)</U>&nbsp;and (ii)&nbsp;any
other Taxes allocated to Seller pursuant to <U>Section&nbsp;11.1</U> that are received prior to the time at which the Final Purchase Price
is finally determined pursuant to <U>Section&nbsp;2.7</U>, and Buyer shall be entitled to any and all refunds of Taxes allocated to Buyer
pursuant to <U>Section&nbsp;11.1</U>. If a Party or its Affiliate receives a refund of Taxes to which the other Party is entitled pursuant
to this <U>Section&nbsp;11.5</U>, such recipient Party shall forward to the entitled Party the amount of such refund within thirty (30)
days after such refund is received, net of any costs or expenses incurred by such recipient Party in procuring such refund. With respect
to each claim for refunds of Taxes set forth on <U>Schedule 1.1(d)</U>&nbsp;(each, a &ldquo;<U>Scheduled Refund Claim</U>&rdquo;), Seller
or its Affiliates, including any Third Party service providers, contractors, or consultants engaged by Seller, its Affiliates or the Companies
in connection with any Scheduled Refund Claim (the &ldquo;<U>Refund Service Providers</U>&rdquo;), may pursue each Scheduled Refund Claim
and Seller shall be solely responsible for paying (or timely reimbursing Buyer or its Affiliates for) any fees, costs and expenses (including
fees, costs and expenses of the Refund Service Providers) incurred in connection with pursuing the Scheduled Refund Claims; <I>provided</I>,
that, (x)&nbsp;Seller shall (1)&nbsp;keep Buyer reasonably informed of the progress of each Scheduled Refund Claim, (2)&nbsp;permit Buyer
(or Buyer&rsquo;s counsel) to participate, at Buyer&rsquo;s sole cost and expense, in each Scheduled Refund Claim, including in meetings
with the applicable Taxing Authority, and (3)&nbsp;not settle, compromise and/or concede any portion of any Scheduled Refund Claim without
the prior written consent of Buyer (such consent not to be unreasonably withheld, conditioned or delayed) and (y)&nbsp;if Seller does
not diligently pursue a Scheduled Refund Claim, then Buyer may settle or compromise such Scheduled Refund Claim in its sole discretion.
The Parties shall use commercially reasonable efforts to cooperate in obtaining refunds of Taxes pursuant to this <U>Section&nbsp;11.5</U>
or to obtain credits or offsets to any Taxes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;11.6&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Like-Kind
Exchange</U>. Buyer and Seller agree that Buyer may elect to treat part or all of its acquisition the Oil&nbsp;&amp; Gas Assets (via its
acquisition of the Target Interests) as an exchange of like-kind property under Section&nbsp;1031 of the Code (an &ldquo;<U>Exchange</U>&rdquo;);
<I>provided</I>, that, the Closing shall not be delayed by reason of the Exchange. Seller agrees to use commercially reasonable efforts
to cooperate with Buyer in the completion of such an Exchange, including an Exchange subject to the procedures outlined in Treasury Regulations
Section&nbsp;1.1031(k)-1 and/or IRS Revenue Procedure 2000-37. Buyer shall have the right at any time prior to or at Closing to assign
all or a part of its rights under this Agreement with respect to such Oil&nbsp;&amp; Gas Assets/Target Interests to a qualified intermediary
(as that term is defined in Treasury Regulations Section&nbsp;1.1031(k)-1(g)(4)(iii)) or an exchange accommodation titleholder (as that
term is defined in IRS Revenue Procedure 2000-37) to effect an Exchange. Each Party acknowledges and agrees that neither an assignment
of Buyer&rsquo;s rights under this Agreement nor any other actions taken by a Party or any other person in connection with the Exchange
shall release any Party from, or modify, any of its liabilities and obligations (including indemnity obligations to each other) under
this Agreement, and no Party makes any representations as to any particular Tax treatment that may be afforded to any other Party by reason
of such assignment or any other actions taken in connection with the Exchange. In the event Buyer elects to treat its acquisition of the
Oil&nbsp;&amp; Gas Assets (via its acquisition of the Target Interests) as an Exchange, Buyer shall be obligated to pay any additional
documented Third Party costs and expenses incurred by Seller hereunder as a result of such election, and in consideration for the cooperation
of Seller, Buyer agrees to indemnify and hold Seller harmless from and against any and all liabilities, including Taxes, arising out of,
based upon, attributable to or resulting from such election or transactions or actions taken in connection with such election that would
not have been incurred by Seller but for Buyer&rsquo;s Exchange election. For the avoidance of doubt, this Section&nbsp;11.6 shall apply
equally to each of AR and AM.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; text-transform: uppercase; color: #010000"><B>Article&nbsp;XII
</B></FONT><B><BR>
CONDITIONS TO CLOSING</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;12.1&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Conditions
to the Obligations of Each Party</U>. The obligation of each Party to consummate the transactions to be performed by it in connection
with the Closing is subject to the satisfaction, at or prior to the Closing, of the following conditions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>There
shall not be any applicable Proceeding by a Governmental Authority or Law in effect or Order in effect by a Governmental Authority of
competent jurisdiction restraining, enjoining or otherwise prohibiting or making illegal the consummation of the transactions contemplated
hereby;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>All
of the Required Governmental Approvals shall have been obtained, made or given, and shall be in full force and effect or shall have occurred,
and any applicable waiting period (and any extension thereof) under the HSR Act or agreement between Seller and the Buyer, on the one
hand, and a Governmental Authority that enforces the HSR Act, on the other hand, not to close, shall have expired or been terminated;
and</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>The
sum of (i)&nbsp;all Title Defect Amounts that exceed the Title Threshold Amount (after applying any applicable Title Benefit Amounts to
offset such Title Defect Amounts), <U>plus</U> (ii)&nbsp;the sum of all Environmental Defect Amounts that exceed the Environmental Threshold
Amount, in each case, as finally determined pursuant to <U>Article&nbsp;III</U> or <U>Article&nbsp;IV</U>, as applicable, <U>plus</U>
(iii)&nbsp;the amount of all Casualty Losses occurring between the Execution Date and Closing as provided in <U>Article&nbsp;V</U> (unless
such Casualty Losses are waived by Buyer), <U>plus</U> (iv)&nbsp;the aggregate Allocated Values of any Oil&nbsp;&amp; Gas Assets that
becomes a Retained Assets due to an unobtained Required Consent or unobtained waiver of a Preferential Right as of Closing, in each case,
pursuant to <U>Section&nbsp;9.1(e)</U>, shall be less than ten percent (10.0%) of the Base Purchase Price; <I>provided</I>, that if either
Party notifies the other Party of its intention to terminate this Agreement in accordance with <U>Section&nbsp;13.1(c)</U>&nbsp;for failure
of the conditions set forth in this <U>Section&nbsp;12.1(c)</U>, such other Party may, prior to giving effect to such termination, elect
by written notice (an &ldquo;<U>Arbitration Notice</U>&rdquo;) to submit all unresolved disputes with respect to any Title Defects, Title
Benefits, Title Defect Amounts, Title Benefit Amounts, Environmental Defects or Environmental Defect Amounts to expert arbitration in
accordance with <U>Section&nbsp;3.1(h)</U>&nbsp;and/or <U>Section&nbsp;4.5,</U> as applicable; <I>provided</I>, <I>further</I>, that,
in lieu of the timing provided in <U>Section&nbsp;3.1(h)</U>&nbsp;and/or <U>Section&nbsp;4.5</U>, as applicable, the Parties shall select
a Title Arbitrator or Environmental Arbitrator, as applicable, within five (5)&nbsp;Business Days of the delivery of the Arbitration Notice,
each Party shall submit such Party&rsquo;s position to the Title Arbitrator or Environmental Arbitrator, as applicable, within ten (10)&nbsp;Business
Days of the delivery of an Arbitration Notice and each Party shall instruct the Title Arbitrator or Environmental Arbitrator, as applicable,
to deliver a determination of (A)&nbsp;the Environmental Defect Amount(s)&nbsp;attributable to all disputed Environmental Defects, (B)&nbsp;the
Title Defect Amount(s)&nbsp;attributable to all disputed Title Defects and/or (C)&nbsp;the Title Benefit Amount(s)&nbsp;attributable to
all disputed Title Benefits, as applicable, within twenty (20) days of the delivery of the Arbitration Notice. For the avoidance of doubt,
(1)&nbsp;if a Party elects to initiate arbitration in accordance with this <U>Section&nbsp;12.1(c)</U>, neither Party may terminate this
Agreement pursuant to <U>Section&nbsp;13.1(c)</U>&nbsp;for failure of the conditions in this <U>Section&nbsp;12.1(c)</U>&nbsp;until final
resolution of such arbitration, (2)&nbsp;a Party&rsquo;s initiation of arbitration in accordance with this <U>Section&nbsp;12.1(c)</U>,
shall not prevent Buyer, prior to giving effect to <U>Section&nbsp;13.1(c)</U>, from electing to waive any asserted Title Defect or Environmental
Defect, as applicable, and (3)&nbsp;nothing herein shall prevent Buyer from electing to waive or withdraw any asserted Title Defect or
Environmental Defect at any time prior to termination of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;12.2&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Conditions
to Obligations of Buyer</U>. The obligations of Buyer to consummate the transactions to be performed by Buyer in connection with the Closing
is subject to the satisfaction or waiver, at or prior to Closing, of each of the following conditions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Representations
and Warranties</U>. The (i)&nbsp;Seller Fundamental Representations and Warranties shall be true and correct in all respects except for
<I>de minimis</I> inaccuracies as of the Closing Date as though made on and as of the Closing Date (except to the extent such representations
and warranties refer to an earlier date, in which case such representations and warranties shall be true and correct in all respects
as of such earlier date), (ii)&nbsp;the representations and warranties set forth in <U>Section&nbsp;6.4</U> shall be true and correct
in all respects except for <I>de minimis</I> inaccuracies as of the Closing Date as though made on and as of the Closing Date (except
to the extent such representations and warranties refer to an earlier date, in which case such representations and warranties shall be
true and correct in all respects as of such earlier date), and (iii)&nbsp;representations and warranties in <U>Article&nbsp;VI</U> and
<U>Article&nbsp;VII</U> other than the Seller Fundamental Representations and Warranties and the representations and warranties set forth
in <U>Section&nbsp;6.4</U>, shall be true and correct (disregarding all qualifications or limitations as to &ldquo;materiality,&rdquo;
 &ldquo;Material Adverse Effect&rdquo; or other similar words of import) as of the Closing Date as though made on and as of the Closing
Date (except to the extent such representations and warranties refer to an earlier date, in which case such representations and warranties
shall be true and correct as of such earlier date), except, with respect to this <U>clause (iii)</U>, to the extent the failure of such
representations and warranties to be so true and correct has not had, and would not reasonably be expected to have, individually or in
the aggregate, a Material Adverse Effect.</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Performance
and Obligations of Seller</U>. Seller and the Companies shall have performed or complied in all material respects with all covenants required
by this Agreement to be performed or complied with by such Party at or prior to Closing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Closing
Deliveries</U>. Seller and the Companies, as applicable, shall have delivered (or be ready, willing and able to deliver) all documents,
instruments and certificates required to be delivered at the Closing by Seller and the Companies, as applicable, pursuant to <U>Section&nbsp;2.11(a)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;12.3&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Conditions
to Obligations of Seller and the Companies</U>. The obligation of Seller and the Companies to consummate the transactions to be performed
by Seller and the Companies in connection with the Closing is subject to the satisfaction or waiver, at or prior to the Closing, of each
of the following conditions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Representations
and Warranties</U>. (i)&nbsp;The representations and warranties of Buyer set forth in <U>Article&nbsp;VIII</U> (in each case, without
giving effect to any materiality or Material Adverse Effect qualifiers contained therein), other than the Buyer Fundamental Representations
and Warranties, shall be true and correct in the aggregate as of the Closing Date in all material respects (or if such representations
and warranties expressly relate to a specific date, such representations and warranties shall be true and correct as of such date in all
material respects) and (ii)&nbsp;Buyer Fundamental Representations and Warranties (in each case, without giving effect to any materiality
or Material Adverse Effect qualifiers contained therein) shall be true and correct in all respects except for <I>de minimis</I> inaccuracies
as of the Closing Date (or if such representations and warranties expressly relate to a specific date, such representations and warranties
shall be true and correct as of such date in all respects).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Performance
and Obligations of Buyer</U>. Buyer shall have performed or complied in all material respects with all covenants required by this Agreement
to be performed or complied with by Buyer at or prior to Closing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Closing
Deliveries</U>. Buyer shall have delivered (or be ready, willing and able to deliver) all documents, instruments and certificates required
to be delivered at Closing by Buyer pursuant to <U>Section&nbsp;2.11(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;12.4&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Frustration
of Closing Conditions</U>. None of Seller, the Companies nor Buyer may rely on the failure of any condition set forth in <U>Section&nbsp;12.1</U>,
<U>Section&nbsp;12.2</U> or <U>Section&nbsp;12.3</U>, as the case may be, if such failure was solely caused by such Party&rsquo;s failure
to comply with any provision of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; text-transform: uppercase; color: #010000"><B>Article&nbsp;XIII
</B></FONT><B><BR>
TERMINATION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;13.1&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Termination</U>.
This Agreement may be terminated at any time prior to the Closing:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>by
the mutual written consent of Buyer and Seller;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>by
either Seller or Buyer by written notice to the other, if any final and non-appealable order, decree, ruling or other similar action issued
by a Governmental Authority of competent jurisdiction is in effect permanently restraining, enjoining, preventing or otherwise prohibiting
the consummation of the transactions contemplated hereby;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>by
either Seller or Buyer by written notice to the other, if the Closing shall not have occurred on or before the Outside Date; <I>provided</I>,
<I>however</I>, that the right to terminate this Agreement under this <U>Section&nbsp;13.1(c)</U>&nbsp;shall not be available to Buyer
or Seller, if such Party is then in material breach of its representations or warranties, covenants or agreements under this Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>by
Seller by written notice to Buyer, if Buyer breaches any of its representations or warranties contained in this Agreement or breaches
or fails to perform any of its covenants contained in this Agreement, which breach or failure to perform (i)&nbsp;would render a condition
precedent to Seller&rsquo;s or the Companies&rsquo; obligations to consummate the transactions contemplated hereby set forth in <U>Section&nbsp;12.1</U>
or <U>Section&nbsp;12.3</U> not capable of being satisfied, and (ii)&nbsp;after the giving of written notice of such breach or failure
to perform to Buyer by Seller, cannot be cured or has not been cured by the earlier of the Outside Date and ten (10)&nbsp;Business Days
after the delivery of such Notice; <I>provided</I>, <I>however</I>, that the right to terminate this Agreement under this <U>Section&nbsp;13.1(d)</U>&nbsp;shall
not be available to Seller if Seller or any Company is then in material breach of any of its representations or warranties, covenants
or agreements contained in this Agreement, which breach or failure to perform would render a condition precedent to Buyer&rsquo;s obligations
to consummate the transactions contemplated hereby set forth in <U>Section&nbsp;12.1</U> or <U>Section&nbsp;12.2</U> not capable of being
satisfied;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>by
Buyer by written notice to Seller, if Seller or the Companies breach any of their respective representations or warranties contained in
this Agreement or Seller or the Companies breaches or fails to perform any of their respective covenants contained in this Agreement,
which breach or failure to perform (i)&nbsp;would render a condition precedent to Buyer&rsquo;s obligations to consummate the transactions
contemplated hereby set forth in <U>Section&nbsp;12.1</U> or <U>Section&nbsp;12.2</U> not capable of being satisfied, and (ii)&nbsp;after
the giving of written notice of such breach or failure to perform to Seller by Buyer, cannot be cured or has not been cured by the earlier
of the Outside Date and ten (10)&nbsp;Business Days after the delivery of such Notice; <I>provided</I>, <I>however</I>, that the right
to terminate this Agreement under this <U>Section&nbsp;13.1(e)</U>&nbsp;shall not be available to Buyer if Buyer is then in material breach
of any of its representations, warranties, covenants or agreements contained in this Agreement, which breach or failure to perform would
render a condition precedent to Seller&rsquo;s or any Company&rsquo;s obligations to consummate the transactions contemplated hereby set
forth in <U>Section&nbsp;12.1</U> or <U>Section&nbsp;12.3</U> not capable of being satisfied;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>by
Seller by written notice to Buyer, if (i)&nbsp;all of the conditions to Closing set forth in <U>Section&nbsp;12.1</U> and <U>Section&nbsp;12.2</U>
were satisfied or waived as of the date the Closing should have been consummated pursuant to the terms of this Agreement (other than those
conditions that by their terms are to be satisfied at Closing and could have been satisfied or would have been waived assuming Closing
would occur), (ii)&nbsp;Seller has notified Buyer that Seller and the Companies are ready, willing and able to consummate the transactions
contemplated by this Agreement and the Related Agreements, (iii)&nbsp;neither Seller nor any Company is then in material breach of any
of its representations or warranties, covenants or agreements contained in this Agreement, which breach or failure to perform would render
a condition precedent to the Buyer&rsquo;s obligations to consummate the transactions contemplated hereby set forth in <U>Section&nbsp;12.1</U>
or <U>Section&nbsp;12.2</U> not capable of being satisfied and (iv)&nbsp;Buyer fails to complete the Closing within two (2)&nbsp;Business
Days after the delivery of such notification by Seller;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(g)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>by
Buyer by written notice to Seller, if (i)&nbsp;all of the conditions to Closing set forth in <U>Section&nbsp;12.1</U> and <U>Section&nbsp;12.3</U>
were satisfied or waived as of the date the Closing should have been consummated pursuant to the terms of this Agreement (other than those
conditions that by their terms are to be satisfied at Closing and could have been satisfied or would have been waived assuming Closing
would occur), (ii)&nbsp;Buyer has notified Seller that Buyer is ready, willing and able to consummate the transactions contemplated by
this Agreement and the Related Agreements, (iii)&nbsp;Buyer is not then in material breach of any of its representations, warranties,
covenants or agreements contained in this Agreement, which breach or failure to perform would render a condition precedent to Seller&rsquo;s
or the Company&rsquo;s obligations to consummate the transactions contemplated hereby set forth in <U>Section&nbsp;12.1</U> or <U>Section&nbsp;12.3</U>
not capable of being satisfied and (iv)&nbsp;Seller and the Target Group fail to complete the Closing within two&nbsp;(2)&nbsp;Business
Days after the delivery of such notification by Buyer; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(h)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>by
Seller by written notice to Buyer, if either AR or AM fails to fund its Pro Rata Share of the Deposit in accordance with <U>Section&nbsp;2.4</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;13.2&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Effect
of Termination</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>In
the event of the termination of this Agreement pursuant to <U>Section&nbsp;13.1</U>, this Agreement shall immediately become null and
void, without any liability on the part of any Party or any other Person, and all rights and obligations of each Party shall cease; <I>provided</I>
that (i)&nbsp;the Confidentiality Agreement and the agreements contained in <U>Article&nbsp;I</U>, <U>Section&nbsp;9.1(c)</U>, <U>Section&nbsp;9.1(d)</U>,
<U>Section&nbsp;9.3</U>, <U>Section&nbsp;9.4</U>, <U>Section&nbsp;10.2</U>, this <U>Article&nbsp;XIII</U> and <U>Article&nbsp;XIV</U>
of this Agreement survive any termination of this Agreement and remain in full force and effect, provided that the Confidentiality Agreement
shall expire according to the express terms thereof, and (ii)&nbsp;no such termination shall impair or restrict the right of any Party
hereto to compel specific performance or to receive a the distribution of the Deposit pursuant to <U>Section&nbsp;13.3</U> (as applicable).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">Section&nbsp;13.3&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Distribution
of the Deposit upon Termination</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>If
(i)&nbsp;Seller has the right to terminate this Agreement pursuant to <U>Section&nbsp;13.1(d)</U>&nbsp;or <U>Section&nbsp;13.1(f)&nbsp;</U>or
(ii)&nbsp;if Seller has the right to terminate this Agreement pursuant to <U>Section&nbsp;13.1(c)</U>, and at such time Seller could have
terminated this Agreement pursuant to <U>Section&nbsp;13.1(d)</U>&nbsp;(without regard to any cure periods contemplated therein) or <U>Section&nbsp;13.1(f)</U>,
then, in each case, Seller shall have the right, as its sole and exclusive remedy against Buyer, to either (A)&nbsp;seek to enforce specific
performance by each of AR and AM of this Agreement (in which event, if specific performance is granted with respect to either AR and/or
AM, such Party&rsquo;s Pro Rata Portion of the Deposit will be applied as a credit against their Closing Purchase Price at Closing as
set forth in <U>Section&nbsp;2.11(b)(iii)</U>, as applicable), or (B)&nbsp;if Seller does not seek to enforce specific performance (or
if Seller does not successfully obtain specific performance against either or both of AR and AM), then Seller shall be entitled to terminate
this Agreement with respect to the obligations of each such Party with respect to whom specific performance is not sought or is not granted,
as applicable, and receive and retain such Party&rsquo;s Pro Rata Portion of the Deposit as liquidated damages, free of any claims by
such Party or any other Person with respect thereto. The Parties agree that (x)&nbsp;Seller&rsquo;s actual damages in the event of termination
would be difficult to ascertain, (y)&nbsp;the Deposit constitutes the Parties&rsquo; good-faith estimate of the actual damages reasonably
expected to result from such termination of this Agreement and (z)&nbsp;the liquidated damages are not a penalty. If Seller elects to
terminate this Agreement pursuant to this <U>Section&nbsp;13.3(a)</U>&nbsp;and receive the Deposit as liquidated damages, then within
two (2)&nbsp;Business Days of Seller&rsquo;s election, Buyer and Seller shall execute and deliver (or cause to be delivered) a joint written
instruction to the Escrow Agent, instructing the Escrow Agent to distribute the full amount of the Deposit to the account designated by
Seller.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>If
(i)&nbsp;Buyer has the right to terminate this Agreement pursuant to <U>Section&nbsp;13.1(e)</U>&nbsp;or <U>Section&nbsp;13.1(g)</U>&nbsp;or
(ii)&nbsp;if Buyer has the right to terminate this Agreement pursuant to <U>Section&nbsp;13.1(c)</U>, and at such time Buyer could have
terminated this Agreement pursuant to <U>Section&nbsp;13.1(e)</U>&nbsp;or <U>Section&nbsp;13.1(g)</U>, then, in each such case, Buyer
shall have the right, at its sole discretion and as the sole and exclusive remedy against Seller and the Target Group, to either (A)&nbsp;seek
to enforce specific performance by Seller of this Agreement (in which event the Deposit will be applied as a credit against the Closing
Purchase Price at Closing as set forth in <U>Section&nbsp;2.11(b)(iii)</U>), or (B)&nbsp;if Buyer does not seek to enforce specific performance
(or if Buyer does not successfully obtain specific performance), then Buyer shall be entitled to (1)&nbsp;terminate this Agreement, (2)&nbsp;receive
the entirety of the Deposit pursuant to <U>Section&nbsp;13.3(c)</U>&nbsp;(to be paid to AR and AM in their Pro Rata Share), and (3)&nbsp;each
of AR and AM shall be entitled to seek to recover their actual damages and out-of-pocket expenses incurred and paid connection with this
Agreement in an amount up to, but not to exceed, $25,000,000 in the aggregate. If Buyer elects to terminate this Agreement pursuant to
this <U>Section&nbsp;13.3(b)</U>&nbsp;and seek a return of the Deposit, then within two (2)&nbsp;Business Days of Buyer&rsquo;s election,
Buyer and Seller shall execute and deliver (or cause to be delivered) a joint written instruction to the Escrow Agent, instructing the
Escrow Agent to distribute the full amount of the Deposit to Buyer. For the avoidance of doubt, under no circumstances shall Buyer be
permitted or entitled to receive both a grant of specific performance and a return of the Deposit in connection with the termination of
this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>If
this Agreement is terminated and Seller is not entitled to the Deposit pursuant to <U>Section&nbsp;13.3(a)</U>, then within two (2)&nbsp;Business
Days of such termination, Buyer and Seller shall deliver a joint written instruction to the Escrow Agent, instructing the Escrow Agent
to distribute the full amount of the Deposit to Buyer (to be paid to AR and AM based on their Pro Rata Share).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>If
this Agreement is terminated by Seller or Buyer as provided in this <U>Section&nbsp;13.3</U>, then, subject to the foregoing provisions
of this <U>Section&nbsp;13.3</U>, following such termination, Seller shall be free to enjoy immediately all rights of ownership of the
Target Interests and to sell, transfer, encumber or otherwise dispose of the Target Interests or the Oil&nbsp;&amp; Gas Assets to any
Person without any restriction under this Agreement, provided, for the avoidance of doubt, that in the event that Buyer seeks to enforce
specific performance in accordance with <U>Section&nbsp;13.3(b)</U>&nbsp;above, Seller shall not be entitled to such action and will remain
subject to its covenants under this Agreement, including <U>Section&nbsp;9.1</U>, until such claim for specific performance is finally
resolved.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; text-transform: uppercase; color: #010000"><B>Article&nbsp;XIV
</B></FONT><B><BR>
OTHER PROVISIONS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;14.1&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Notices</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>In
addition to permitted notice procedures for Title Defect Notices, Title Benefit Notices and Environmental Defect Notices set forth in
<U>Article&nbsp;III</U> and <U>Article&nbsp;IV</U> above, any notice, request, instruction, correspondence, or other document to be given
hereunder by any Party to the other Parties (herein collectively called &ldquo;<U>Notice</U>&rdquo;) shall be in writing and delivered
by courier or certified mail, in each case requiring acknowledgement of receipt, or in person or electronic mail as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: -0.5in">If to Seller, addressed to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in"><FONT STYLE="font-size: 10pt">HG Energy II LLC<BR>
5620 Dupont Road<BR>
Parkersburg, West Virginia 26101<BR>
Attention:&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Jared Hall<BR>
Email:<FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;[
*********** ]</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: -0.5in">and with a copy (which shall not constitute
Notice) to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in"><FONT STYLE="font-size: 10pt">Kirkland&nbsp;&amp; Ellis LLP</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in"><FONT STYLE="font-size: 10pt">609 Main Street, Suite&nbsp;4700<BR>
Houston, TX 77002<BR>
Attention:&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>David M. Castro Jr., P.C.<BR>
 &#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Lindsey
M. Jaquillard</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.75in"><FONT STYLE="font-size: 10pt">&#8239;&#8239;Jonathan
Strom<BR>
Email:&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>david.castro@kirkland.com<BR>
<FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>lindsey.jaquillard@kirkland.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.75in">&#8239;&#8239;Jonathan.strom@kirkland.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: -0.5in">If to Buyer, addressed to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0in">Antero Resources Corporation<BR>
1615 Wynkoop Street<BR>
Denver, CO 80202<BR>
Attention:&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Yvette K. Schultz; Spencer Booth<BR>
Email: &#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;generalcounsel@anteroresources.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.75in">&#8239;&#8239;[ *********** ]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: -0.5in">and with a copy (which shall not constitute
Notice) to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: -0.5in">Vinson&nbsp;&amp; Elkins LLP</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0in">845 Texas Ave. Suite&nbsp;4700<BR>
Houston, Texas 77002<BR>
Attention:&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Chris Bennett; Scott Rubinsky<BR>
Email:&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;cbennett@velaw.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.75in">&#8239;&#8239;srubinsky@velaw.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Notice
given by personal delivery or courier service shall be effective upon actual receipt during normal business hours on a Business Day (or
at the beginning of the next Business Day after receipt if not received during the normal business hours on a Business Day). Notice given
by electronic mail shall be effective upon delivery (without notice of failed delivery to the required Party) if delivered during the
recipient&rsquo;s normal business hours, or at the beginning of the recipient&rsquo;s next Business Day after delivery if not delivered
during the recipient&rsquo;s normal business hours. Notice given by certified mail, return receipt requested, shall be effective three
(3)&nbsp;Business Days after mailing. Notice sent by overnight courier shall be effective one&nbsp;(1)&nbsp;day after sending. Any Party
may change any address to which Notice is to be given to it by giving Notice as provided above of such change of address.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;14.2&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Governing
Law; Consent to Jurisdiction; Waiver of Jury Trial</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Governing
Law</U>. EXCEPT AS OTHERWISE EXPRESSLY PROVIDED IN THIS AGREEMENT, THIS AGREEMENT AND ALL CLAIMS OR CAUSES OF ACTION (WHETHER IN CONTRACT,
TORT OR STATUTE) THAT MAY&nbsp;BE BASED UPON, ARISE OUT OF OR RELATE TO THIS AGREEMENT, OR THE NEGOTIATION, EXECUTION OR PERFORMANCE OF
THIS AGREEMENT SHALL BE GOVERNED BY, AND ENFORCED IN ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE OF TEXAS,&nbsp;INCLUDING STATUTES
OF LIMITATIONS, WITHOUT REGARD TO ANY BORROWING STATUTE THAT WOULD RESULT IN THE APPLICATION OF THE STATUTE OF LIMITATIONS OF ANY OTHER
JURISDICTION; <I>PROVIDED</I>,&nbsp;<I>HOWEVER</I>,&nbsp;THAT ANY MATTERS RELATED TO REAL PROPERTY SHALL BE GOVERNED BY THE LAWS OF THE
STATE WHERE SUCH REAL PROPERTY IS LOCATED TO THE EXTENT MANDATORILY REQUIRED.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Consent
to Jurisdiction and Service of Process; Appointment of Agent for Service of Process</U>. EXCEPT AS OTHERWISE EXPRESSLY PROVIDED IN THIS
AGREEMENT, EACH PARTY TO THIS AGREEMENT HEREBY CONSENTS TO THE EXCLUSIVE JURISDICTION OF THE <FONT STYLE="text-transform: uppercase">STATE
COURTS (INCLUDING THE ELEVENTH DIVISION OF THE TEXAS BUSINESS COURT) AND FEDERAL COURTS SITTING in houston, texas,</FONT> AND IRREVOCABLY
AGREES THAT ALL ACTIONS OR PROCEEDINGS SEEKING TO ENFORCE ANY PROVISION OF, OR BASED ON ANY MATTER ARISING OUT OF OR IN CONNECTION WITH,
THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY (WHETHER SUCH ACTIONS OR PROCEEDINGS ARE BASED IN STATUTE, TORT, CONTRACT OR OTHERWISE),
SHALL BE LITIGATED IN SUCH COURTS. EACH PARTY HERETO (I)&nbsp;CONSENTS TO SUBMIT ITSELF TO THE PERSONAL JURISDICTION OF SUCH COURTS FOR
SUCH ACTIONS OR PROCEEDINGS, (II)&nbsp;WAIVES ANY OBJECTION OR CHALLENGE THAT IT MAY&nbsp;HAVE TO THE PERSONAL JURISDICTION OF SUCH COURTS,
AND (III)&nbsp;AGREES THAT IT WILL NOT BRING ANY SUCH ACTION OR PROCEEDING IN ANY COURT OTHER THAN SUCH COURTS. EACH PARTY HERETO ACCEPTS
FOR ITSELF AND IN CONNECTION WITH ITS PROPERTIES, GENERALLY AND UNCONDITIONALLY, THE EXCLUSIVE AND IRREVOCABLE JURISDICTION AND VENUE
OF THE AFORESAID COURTS AND WAIVES ANY DEFENSE OF FORUM NON CONVENIENS, AND IRREVOCABLY AGREES TO BE BOUND BY ANY NON-APPEALABLE JUDGMENT
RENDERED THEREBY IN CONNECTION WITH SUCH ACTIONS OR PROCEEDINGS. A COPY OF ANY SERVICE OF PROCESS SERVED UPON THE PARTIES HERETO SHALL
BE MAILED BY REGISTERED MAIL TO THE RESPECTIVE PARTY EXCEPT THAT, UNLESS OTHERWISE PROVIDED BY APPLICABLE LAW, ANY FAILURE TO MAIL SUCH
COPY SHALL NOT AFFECT THE VALIDITY OF SERVICE OF PROCESS. IF ANY AGENT APPOINTED BY A PARTY HERETO REFUSES TO ACCEPT SERVICE, EACH PARTY
HERETO AGREES THAT SERVICE UPON THE APPROPRIATE PARTY BY REGISTERED MAIL SHALL CONSTITUTE SUFFICIENT SERVICE. NOTHING HEREIN SHALL AFFECT
THE RIGHT OF A PARTY HERETO TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY LAW.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Waiver
of Jury Trial</U><I>. </I><FONT STYLE="text-transform: uppercase">Each Party</FONT> HEREBY IRREVOCABLY WAIVES ANY RIGHT IT MAY&nbsp;HAVE
TO A TRIAL BY JURY IN RESPECT OF ANY ACTION ARISING OUT OF OR RELATING TO THIS AGREEMENT, ANY DEBT DOCUMENTS OR ANY OF THE TRANSACTIONS
CONTEMPLATED HEREBY OR THEREBY OR THE PERFORMANCE OF ANY SERVICES THEREUNDER,&nbsp;INCLUDING IN ANY ACTION, PROCEEDING OR COUNTERCLAIM
AGAINST ANY FINANCING SOURCE. EACH PARTY ACKNOWLEDGES, AGREES AND CERTIFIES THAT (I)&nbsp;NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY
OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD,&nbsp;IN THE EVENT OF LITIGATION, SEEK TO PREVENT OR
DELAY ENFORCEMENT OF SUCH WAIVER; (II)&nbsp;IT UNDERSTANDS AND HAS CONSIDERED THE IMPLICATIONS OF SUCH WAIVER; (III)&nbsp;IT MAKES SUCH
WAIVER VOLUNTARILY; AND (IV)&nbsp;IT HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS
IN THIS <FONT STYLE="text-transform: uppercase"><U>Section&nbsp;14.2(c)</U></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;14.3&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Entire
Agreement; Amendments and Waivers</U>. This Agreement, the Confidentiality Agreement and the Related Agreements constitute the entire
agreement between the Parties with respect to the subject matter hereof and supersede all prior agreements and understandings, both written
and oral, among the Parties with respect to the subject matter hereof. The Annexes, Schedules and the Exhibits referred to herein are
attached hereto are made a part of this Agreement. No amendment, supplement, modification or waiver of this Agreement shall be binding
unless executed in writing by each Party to be bound thereby. No waiver of any of the provisions of this Agreement shall be deemed or
shall constitute a waiver of any other provision hereof (regardless of whether similar), nor shall any such waiver constitute a continuing
waiver unless otherwise expressly provided.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;14.4&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Conflicting
Provisions</U>. This Agreement and the Related Agreements, read as a whole, set forth the Parties&rsquo; rights, responsibilities, and
liabilities with respect to the transactions contemplated by this Agreement and the Related Agreements. In this Agreement and the Related
Agreements, and as between them, specific provisions prevail over general provisions. In the event of a conflict between this Agreement
and the Related Agreements, this Agreement shall control.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;14.5&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Binding
Effect, Assignment and Third-Party Beneficiaries</U>. This Agreement shall be binding upon and inure to the benefit of the Parties and
their successors and permitted assigns, but, except as provided in <U>Section&nbsp;11.6</U>, neither this Agreement nor any of the rights,
benefits, or obligations hereunder shall be assigned or transferred, by operation of Law, or otherwise, by any Party hereto without the
prior written consent of the other Party; <I>provided</I>, that in the event of Fraud, Buyer may assign the R&amp;W Insurance Policy to
the R&amp;W Insurer or an agent of the R&amp;W Insurer. Except as set forth <U>Section&nbsp;9.5</U> and <U>Section&nbsp;14.10</U>, nothing
in this Agreement, express or implied, is intended to confer upon any Person other than the Parties and their successors and assigns,
any rights, benefits or obligations hereunder; <I>provided</I>; <I>however</I>, that only a Party will have the right to enforce the provisions
of this Agreement on its own behalf (but no Party will have any obligation to do so); <I>provided</I>, <I>further</I>, that notwithstanding
anything in this Agreement to the contrary, each of the Seller and each Company on behalf of itself, the Target Group and each of its
controlled Affiliates hereby agrees that each Financing Source is an express third party beneficiary of, and may enforce, <U>Section&nbsp;13.3</U>,
<U>Section&nbsp;14.3</U>, this <U>Section&nbsp;14.5</U>, <U>Section&nbsp;14.15</U> and/or <U>Section&nbsp;14.16</U> (and such provisions
shall not be amended in any way adverse to any such Financing Source without its prior written consent) (such consent not to be unreasonably
withheld, conditioned or delayed).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;14.6&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Severability</U>.
If any provision (or any part of a provision) of the Agreement is rendered or declared invalid, illegal or unenforceable by reason of
any existing or subsequently enacted legislation or by decree of a court of last resort, the Parties shall promptly meet and negotiate
substitute provisions in good faith (that come closest to expressing the intention of the invalid, illegal or unenforceable provision)
for those rendered or declared invalid, illegal or unenforceable, but all of the remaining provisions of this Agreement shall remain in
full force and effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;14.7&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Interpretation</U>.
Neither this Agreement nor any of the Related Agreements shall be construed against any Party, and no consideration shall be given or
presumption made, on the basis of who drafted this Agreement, any Related Agreement, or any provision hereof or thereof, or who supplied
the form of this Agreement or any of the Related Agreements. Each Party agrees that this Agreement has been purposefully drawn and correctly
reflects its understanding of the transactions contemplated by this Agreement and, therefore, waives the application of any Law, regulation,
holding or rule&nbsp;of construction providing that ambiguities in an agreement or other document will be construed against the Party
drafting such agreement or document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;14.8&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Headings</U>.
The headings of the several Articles and Sections herein are inserted for convenience of reference only and are not intended to be a part
of or to affect the meaning or interpretation of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;14.9&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Counterparts</U>.
This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, but all of which together shall
constitute one and the same instrument. Signatures of a Party to this Agreement or other documents executed in connection herewith that
are sent to the other Parties by facsimile transmission or electronic mail (including by email, PDF, Docusign or other similar electronic
transmission) shall be binding as evidence of acceptance of the terms hereof or thereof by such signatory Party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;14.10&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>No
Recourse</U>. Notwithstanding anything that may be expressed or implied in this Agreement, the Related Agreements or any document, agreement,
or instrument delivered contemporaneously herewith, without limiting any rights of Buyer under the R&amp;W Insurance Policy and notwithstanding
the fact that any Party may be a partnership or limited liability company, each Party hereto, by its acceptance of the benefits of this
Agreement, covenants, agrees and acknowledges that no Persons other than the Parties shall have any obligation hereunder and that it has
no rights of recovery hereunder against, and no recourse hereunder, under any Related Agreements or under any documents, agreements, or
instruments delivered contemporaneously herewith or in respect of any oral representations made or alleged to be made in connection herewith
or therewith shall be had against, any former, current or future director, officer, agent, attorney, financing source, Affiliate, manager,
assignee, incorporator, controlling Person, fiduciary, representative or employee of any Party (or any of their successor or permitted
assignees), against any former, current, or future direct or indirect equityholder, general or limited partner, manager, stockholder or
member of any Party (or any of their successors or permitted assignees) or any Affiliate thereof or against any former, current or future
director, officer, agent, attorney, financing source, employee, Affiliate, manager, assignee, incorporator, controlling Person, fiduciary,
representative, general or limited partner, stockholder, manager or member of any of the foregoing, but in each case not including the
Parties (each, a &ldquo;<U>Party Affiliate</U>&rdquo;), whether by or through attempted piercing of the corporate veil, by or through
a claim (whether in tort, contract or otherwise) by or on behalf of such party against the Party Affiliates, by the enforcement of any
assessment or by any legal or equitable proceeding, or by virtue of any statute, regulation or other applicable Law, or otherwise; it
being expressly agreed and acknowledged that no personal liability whatsoever shall attach to, be imposed on, or otherwise be incurred
by any Party Affiliate, as such, for any obligations of the applicable party under this Agreement or the transactions contemplated hereby,
under any Related Agreement or under any documents or instruments delivered contemporaneously herewith, in respect of any oral representations
made or alleged to be made in connection herewith or therewith, or for any claim (whether in tort, contract or otherwise) based on, in
respect of or by reason of, such obligations or their creation.&nbsp;Except to the extent otherwise expressly set forth in, and subject
in all cases to the terms and conditions of and limitations herein, this Agreement may only be enforced against, and any claim or cause
of action of any kind based upon, arising out of, or related to this Agreement, or the negotiation, execution or performance of this Agreement,
may only be brought against the entities that are expressly named as Parties hereto and then only with respect to the specific obligations
set forth herein with respect to such Party. Each Party Affiliate is expressly intended as a third-party beneficiary of this <U>Section&nbsp;14.10</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;14.11&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Disclaimer
of Warranties and Representations</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Buyer
acknowledges and agrees that it is sophisticated in the evaluation and purchase of, and investment (directly or indirectly) in, the industry
in which the Target Group operates, oil and gas properties and related facilities, and is capable of evaluating the merits and risks of
the transactions contemplated by this Agreement and the Related Agreements and is able to bear the substantial economic risk of such investment
for an indefinite period of time. In making its decision to enter into this Agreement, the Related Agreements and to consummate the transactions
contemplated herein and therein, Buyer, except to the extent of the express representations and warranties set forth in <U>Article&nbsp;VI</U>
and <U>Article&nbsp;VII</U> hereof and subject to and without limitation of any of Buyer&rsquo;s rights under the R&amp;W Insurance Policy
or for Fraud, (i)&nbsp;has relied and shall rely solely on its own independent investigation and evaluation of the Target Group and the
Oil&nbsp;&amp; Gas Assets and the advice of its own legal, Tax, economic, environmental, engineering, geological and geophysical advisors
and the express provisions of this Agreement and the Related Agreement and not on any comments, statements, projections or other materials
made or given by any employees, officers, managers, representatives, consultants or advisors engaged by Seller, the Target Group or any
of their respective Affiliates and (ii)&nbsp;has satisfied or shall satisfy itself through its own due diligence as to the title, environmental
and physical condition of and contractual arrangements and other matters affecting the Target Group (including the Oil&nbsp;&amp; Gas
Assets). Buyer may be in possession of certain projections and other forecasts regarding the Target Group, including projected financial
statements, cash flow items and other data of the Target Group and certain business plan information of the Target Group. Buyer acknowledges
that there are substantial uncertainties inherent in attempting to make such projections and other forecasts and plans, that Buyer is
not relying on such projections and other forecasts and plans, that Buyer is familiar with such uncertainties, that Buyer is taking full
responsibility for making its own evaluation of the adequacy and accuracy of all projections and other forecasts and plans so furnished
to it, and Buyer shall not have any claim against any Person with respect thereto. Accordingly, Buyer acknowledges that neither Seller,
the Target Group, nor any of their Affiliates nor any of their respective employees, officers, managers, representatives, consultants
or advisors has made any representation or warranty with respect to such projections and other forecasts and plans. Buyer acknowledges
and represents, warrants and agrees that it has not relied upon the accuracy or completeness of any express or implied representation,
warranty, statement or information of any nature (including, for the avoidance of doubt, relating to quality, quantity, condition, merchantability
or fitness for a particular purpose) made or provided by or on behalf of Seller or the Target Group in connection with this Agreement
and the transactions contemplated hereby, except for the representations and warranties in <U>Article&nbsp;VI</U> and <U>Article&nbsp;VII</U>
and subject to and without limitation of any of Buyer&rsquo;s rights under the R&amp;W Insurance Policy or for Fraud, and waives any right
Buyer or any of its Affiliates may have against Seller, the Target Group or any of their respective Affiliates or any of their respective
representatives, consultants, advisors, employees, officers or managers with respect to any inaccuracy in any such representation, warranty,
statement or information, or with respect to any omission or concealment, on the part of Seller, the Target Group or any of their respective
representative, consultant, advisor, employee, officer or manager thereof, of any potentially material information in connection with
this Agreement and the transactions contemplated hereby.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>EXCEPT
AS AND TO THE LIMITED EXTENT EXPRESSLY SET FORTH IN <U>ARTICLE&nbsp;VI</U> AND <U>ARTICLE&nbsp;VII</U> <FONT STYLE="text-transform: uppercase">and
subject to and without limitation of any of Buyer&rsquo;s rights under the R&amp;W Insurance Policy OR FOR FRAUD</FONT>: (I)&nbsp;BUYER
ACKNOWLEDGES NEITHER SELLER NOR THE COMPANIES NOR THEIR RESPECTIVE AFFILIATES, REPRESENTATIVES, CONSULTANTS, ADVISORS, OFFICERS, MANAGERS,
OR EMPLOYEES HAS MADE, AND SELLER AND EACH COMPANY HEREBY EXPRESSLY DISCLAIMS AND NEGATES (ON ITS OWN BEHALF AND ON BEHALF OF ITS AFFILIATES
AND ITS AND THEIR RESPECTIVE, REPRESENTATIVES, CONSULTANTS, ADVISORS, OFFICERS, MANAGERS, OR EMPLOYEES), AND BUYER HEREBY EXPRESSLY WAIVES,
ANY REPRESENTATION OR WARRANTY, EXPRESS,&nbsp;IMPLIED, AT COMMON LAW, BY STATUTE OR OTHERWISE WITH RESPECT TO THE OIL&nbsp;&amp; GAS ASSETS
AND OTHER PROPERTIES OF THE TARGET GROUP OR THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT AND THE RELATED AGREEMENTS, AND (II)&nbsp;SELLER
AND EACH COMPANY EXPRESSLY DISCLAIMS (ON ITS BEHALF AND ON BEHALF OF ITS AFFILIATES AND ITS AND THEIR RESPECTIVE, REPRESENTATIVES, CONSULTANTS,
ADVISORS, OFFICERS, MANAGERS, OR EMPLOYEES), AND BUYER HEREBY EXPRESSLY WAIVES, ANY AND ALL LIABILITY AND RESPONSIBILITY OF ANY SUCH PERSON
FOR ANY REPRESENTATION, WARRANTY, STATEMENT OR INFORMATION WITH RESPECT TO THE OIL&nbsp;&amp; GAS ASSETS AND OTHER PROPERTIES OF THE TARGET
GROUP OR THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT OR THE RELATED AGREEMENTS, MADE OR COMMUNICATED (ORALLY OR IN WRITING) TO BUYER
OR ANY OF ITS AFFILIATES, REPRESENTATIVES, CONSULTANTS, ADVISORS, OFFICERS, MANAGERS, OR EMPLOYEES (INCLUDING ANY OPINION,&nbsp;INFORMATION,
PROJECTION OR ADVICE THAT MAY&nbsp;HAVE BEEN PROVIDED TO ANY SUCH PERSON).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>EXCEPT
AS AND TO THE LIMITED EXTENT EXPRESSLY SET FORTH IN <U>ARTICLE&nbsp;VI</U> AND <U>ARTICLE&nbsp;VII</U> <FONT STYLE="text-transform: uppercase">and
subject to and without limitation of any of Buyer&rsquo;s rights under the R&amp;W Insurance Policy OR FOR FRAUD</FONT>, AND WITHOUT LIMITING
THE GENERALITY OF THE FOREGOING, SELLER AND EACH COMPANY EXPRESSLY DISCLAIMS AND NEGATES, AND BUYER HEREBY WAIVES, ANY REPRESENTATION
OR WARRANTY, EXPRESS,&nbsp;IMPLIED, AT COMMON LAW, BY STATUTE OR OTHERWISE, AS TO ANY OF THE FOLLOWING: (I)&nbsp;THE ACCURACY, COMPLETENESS
OR MATERIALITY OF RECORDS,&nbsp;INFORMATION, DATA OR OTHER MATERIALS (WRITTEN OR ORAL) NOW, HERETOFORE OR HEREAFTER FURNISHED TO BUYER
OR ANY THEIR RESPECTIVE AFFILIATES, REPRESENTATIVES, CONSULTANTS, ADVISORS, OFFICERS, MANAGERS, OR EMPLOYEES <FONT STYLE="text-transform: uppercase">in
connection with this Agreement and the transactions contemplated hereby</FONT>; (II)&nbsp;THE CONTENTS, CHARACTER OR NATURE OF ANY REPORT
OF ANY PETROLEUM ENGINEERING CONSULTANT, OR ANY ENGINEERING, GEOLOGICAL OR SEISMIC DATA OR INTERPRETATION, RELATING TO THE OIL&nbsp;&amp;
GAS ASSETS; (III)&nbsp;ANY ESTIMATES OF THE VALUE OF, OR FUTURE REVENUES GENERATED BY, THE OIL&nbsp;&amp; GAS ASSETS; (IV)&nbsp;PRODUCTION
RATES, RECOMPLETION OPPORTUNITIES, DECLINE RATES, GAS BALANCING INFORMATION OR THE QUALITY, QUANTITY, VOLUME OR RECOVERABILITY OF THE
RESERVES OF HYDROCARBONS,&nbsp;IF ANY, ATTRIBUTABLE TO THE OIL&nbsp;&amp; GAS ASSETS OR THE TARGET GROUP&rsquo;S INTEREST THEREIN; (V)&nbsp;TITLE
TO ANY OF THE OIL&nbsp;&amp; GAS ASSETS OR OTHER PROPERTIES OF THE TARGET GROUP; (VI)&nbsp;MAINTENANCE, REPAIR, CONDITION, QUALITY, SUITABILITY,
MARKETABILITY, MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OF THE OIL&nbsp;&amp; GAS ASSETS OR OTHER PROPERTIES OF THE TARGET
GROUP; (VII)&nbsp;ANY RIGHTS OF BUYER OR ANY OF ITS AFFILIATES UNDER APPROPRIATE STATUTES TO CLAIM DIMINUTION OF CONSIDERATION OR RETURN
OF THE PURCHASE PRICE; (VIII)&nbsp;ANY IMPLIED OR EXPRESS WARRANTY OF FREEDOM FROM DEFECTS WITH RESPECT TO THE OIL&nbsp;&amp; GAS ASSETS
OR OTHER PROPERTIES OF THE TARGET GROUP, WHETHER KNOWN OR UNKNOWN; (IX)&nbsp;ANY AND ALL IMPLIED WARRANTIES EXISTING UNDER APPLICABLE
LAW WITH RESPECT TO THE PROPERTIES OR TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT AND THE RELATED AGREEMENTS; AND (X)&nbsp;THE ENVIRONMENTAL
OR OTHER CONDITION OF THE OIL&nbsp;&amp; GAS ASSETS OR OTHER PROPERTIES OF THE TARGET GROUP,&nbsp;INCLUDING ANY IMPLIED OR EXPRESS WARRANTY
REGARDING ENVIRONMENTAL LAWS, THE RELEASE OF <FONT STYLE="text-transform: uppercase">Hazardous</FONT> MATERIALS INTO THE ENVIRONMENT,
OR PROTECTION OF THE ENVIRONMENT OR HEALTH. IT IS THE EXPRESS INTENTION OF THE PARTIES THAT, EXCEPT FOR THE EXPRESS REPRESENTATIONS AND
WARRANTIES OF SELLER AND THE COMPANIES IN <U>ARTICLE&nbsp;VI</U> AND <U>ARTICLE&nbsp;VII</U> <FONT STYLE="text-transform: uppercase">and
subject to and without limitation of any of Buyer&rsquo;s rights under the R&amp;W Insurance Policy OR FOR FRAUD</FONT>, THE OIL&nbsp;&amp;
GAS ASSETS AND OTHER PROPERTIES OF THE TARGET GROUP ARE BEING ACCEPTED BY BUYER, &ldquo;AS IS, WHERE IS, WITH ALL FAULTS AND DEFECTS&rdquo;
AND IN THEIR PRESENT CONDITION AND STATE OF REPAIR, AND BUYER HAS MADE OR WILL MAKE SUCH INSPECTIONS OF SUCH ASSETS AND THE PROPERTIES
AS BUYER DEEMS APPROPRIATE.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><FONT STYLE="text-transform: uppercase">subject
to and without limitation of any of Buyer&rsquo;s rights under the R&amp;W Insurance Policy OR FOR FRAUD</FONT>, BUYER ACKNOWLEDGES THAT
THE OIL&nbsp;&amp; GAS ASSETS HAVE BEEN USED FOR EXPLORATION, DEVELOPMENT, AND PRODUCTION OF OIL&nbsp;&amp; GAS AND THAT EQUIPMENT AND
SITES INCLUDED IN THE PROPERTIES MAY&nbsp;CONTAIN ASBESTOS, NATURALLY OCCURRING RADIOACTIVE MATERIAL (&ldquo;<U>NORM</U>&rdquo;) OR OTHER
HAZARDOUS MATERIALS. NORM MAY&nbsp;AFFIX OR ATTACH ITSELF TO THE INSIDE OF WELLS, MATERIALS AND EQUIPMENT AS SCALE, OR IN OTHER FORMS.
THE WELLS, MATERIALS, AND EQUIPMENT LOCATED ON THE OIL&nbsp;&amp; GAS ASSETS OR OTHER PROPERTIES OF THE TARGET GROUP OR INCLUDED IN SUCH
ASSETS OR PROPERTIES MAY&nbsp;CONTAIN NORM AND OTHER WASTES OR HAZARDOUS MATERIALS. NORM CONTAINING MATERIAL AND/OR OTHER WASTES OR HAZARDOUS
MATERIALS MAY&nbsp;HAVE COME IN CONTACT WITH VARIOUS ENVIRONMENTAL MEDIA,&nbsp;INCLUDING AIR, WATER, SOILS OR SEDIMENT. SPECIAL PROCEDURES
MAY&nbsp;BE REQUIRED FOR THE ASSESSMENT, REMEDIATION, REMOVAL, TRANSPORTATION OR DISPOSAL OF ENVIRONMENTAL MEDIA, WASTES, ASBESTOS, NORM
AND OTHER HAZARDOUS MATERIALS FROM THE OIL&nbsp;&amp; GAS ASSETS OR OTHER PROPERTIES OF THE TARGET GROUP.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>With
respect to the Oil&nbsp;&amp; Gas Assets currently operated by the Target Group (or by HG Energy on behalf of the Target Group), neither
Seller nor the Target Group make any representation, warranty, or covenant herein that Buyer or its Affiliates will (either directly or
indirectly through ownership of the Target Group) become or remain the operator of any or all of such Oil&nbsp;&amp; Gas Assets, but Seller
shall use commercially reasonable efforts to support Buyer&rsquo;s efforts to assume operatorship thereof. Buyer acknowledges that operations
and operatorship after Closing will be governed by the applicable operating agreements or other related agreements affecting such Oil&nbsp;&amp;
Gas Assets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>THE
PARTIES AGREE THAT, TO THE EXTENT REQUIRED BY APPLICABLE LAW TO BE EFFECTIVE, THE DISCLAIMERS OF CERTAIN REPRESENTATIONS AND WARRANTIES
CONTAINED IN THIS <FONT STYLE="text-transform: uppercase"><U>Section&nbsp;14.11</U></FONT> ARE &ldquo;CONSPICUOUS&rdquo; DISCLAIMERS FOR
PURPOSES OF ANY APPLICABLE LAW.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(g)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>NOTWITHSTANDING
THE FOREGOING, NOTHING IN THIS <U>SECTION&nbsp;14.11</U> SHALL PROHIBIT BUYER FROM MAKING A CLAIM AGAINST THE R&amp;W INSURANCE POLICY
FOR AN ALLEGED BREACH OF ANY REPRESENTATION AND WARRANTY SET FORTH IN THIS AGREEMENT OR A CLAIM AGAINST SELLER OR ITS AFFILIATES FOR FRAUD.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;14.12&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Conflicts
and Privilege</U>. The Parties agree that, as to all communications among Kirkland&nbsp;&amp; Ellis LLP (&ldquo;<U>Kirkland</U>&rdquo;),
on the one hand, and Seller, the Target Group and their respective direct and indirect equityholders and Affiliates that relate to the
negotiation of this Agreement or any Related Agreement or any of the transactions contemplated hereby or thereby, the attorney-client
privilege and the expectation of client confidence belongs to Seller and may be controlled by Seller and shall not pass to or be claimed
by Buyer or the Target Group from and after the Closing. Notwithstanding the foregoing, in the event that a dispute arises between Buyer,
the Target Group and a Third Party other than another Party or their equityholders or Affiliates after the Closing with respect to this
Agreement, the Related Agreements or the transactions contemplated herein or therein, the Target Group may assert the attorney-client
privilege to prevent disclosure to such Third Party of any confidential communications with Kirkland.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;14.13&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Schedules</U>.
Any fact or item disclosed in any Schedule shall be deemed disclosed in each other Schedule to which such fact or item may apply so long
as it is reasonably apparent that such disclosure is applicable to such other Schedule(s). The headings contained in each Schedule&nbsp;are
for convenience of reference only and shall not be deemed to modify or influence the interpretation of the information contained in a
Schedule or this Agreement. The Schedules are not intended to constitute, and shall not be construed as, an admission or indication that
any such fact or item is required to be disclosed. Neither the specification of any dollar amount in the representations and warranties
contained in this Agreement nor the inclusion of any fact or item disclosed in the Schedules shall by reason only of such inclusion be
deemed to be material, to establish any standard of materiality or to define further the meaning of such terms for purposes of this Agreement;
and no Party shall use the fact of the setting of the amounts or the fact of the inclusion of any item in the Schedules in any dispute
or controversy as to whether any obligation, item or matter not described or included in the Schedules is or is not required to be disclosed
(including whether the amount or items are required to be disclosed as material or threatened) or is within or outside of the ordinary
course of business. Any item of information, matter or document disclosed or referenced in, or attached to, the Schedules shall not constitute,
or be interpreted to expand the scope of the Parties&rsquo; respective representations and warranties, covenants, conditions or agreements
contained in this Agreement. Matters reflected in the Schedules&nbsp;are not necessarily limited to matters required by this Agreement
to be reflected herein and may be included solely for informational purposes. No disclosure on a Schedule&nbsp;relating to any possible
breach or violation of any Contract or Law shall be construed as an admission or indication that any such breach or violation exists or
has actually occurred. Moreover, in disclosing the information in the Schedules, Seller expressly does not waive any attorney-client privilege
associated with such information or any protection afforded by the work-product doctrine with respect to any of the matters disclosed
or discussed therein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;14.14&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Time
Is of the Essence</U>. Time is of the essence in this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;14.15&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Specific
Performance</U>. The Parties acknowledge and agree that irreparable damage would occur, for which no adequate remedy at Law would exist
and for which monetary damages would be inadequate, in the event that any of the provisions of this Agreement were not performed by the
Parties in accordance with their specific terms or were otherwise breached by the Parties. It is accordingly agreed that, unless and until
(subject to the provisions of this Agreement which expressly survive termination hereof) Buyer or Seller has terminated this Agreement
in accordance with <U>Section&nbsp;13.1</U>, Buyer, on one hand, and Seller and the Companies, on the other hand, shall be entitled to
seek any injunctive or equitable relief, including but not limited to, specific performance to prevent breaches of this Agreement and
to enforce specifically the terms and provisions of this Agreement (<FONT STYLE="background-color: white">but excluding the obligation
to consummate this Agreement unless expressly provided for in <U>Article&nbsp;XIII</U></FONT>) in addition to any other remedy to which
such Party is entitled at Law or in equity. Each of the Parties hereby irrevocably waives any requirement for the security or posting
of any bond in connection with such relief (including, if applicable, any rights of specific performance provided for in <FONT STYLE="background-color: white"><U>Article&nbsp;XIII</U>)</FONT>.
<FONT STYLE="background-color: white">The Parties acknowledge and agree that if Buyer or Seller exercises its right to terminate this
Agreement pursuant to <U>Section&nbsp;13.3</U>, then such Person shall not thereafter have the right to specific performance pursuant
to this <U>Section&nbsp;14.15</U> or otherwise (other than to enforce the performance of such other Party&rsquo;s obligations under this
Agreement that expressly continue following termination of this Agreement, including the distribution of the Deposit pursuant to <U>Section&nbsp;13.3</U>)</FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Section&nbsp;14.16&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Financing
Provisions</U><FONT STYLE="color: #010000"></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: #010000">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Notwithstanding
anything in this Agreement to the contrary, the Seller and each Company, on behalf of itself, the Target Group and each of their respective
Affiliates and their respective permitted successors and assigns hereby: (i)&nbsp;agrees that any Proceeding, whether in Law or in equity,
whether in contract or in tort or otherwise, involving any Financing Source, arising out of or relating to, this Agreement or any of the
Debt Documents or any of the transactions contemplated hereby or thereby or the performance of any services thereunder shall be subject
to the exclusive jurisdiction of any federal or state court in the Borough of Manhattan, New York, New York, so long as such forum is
and remains available, and any appellate court thereof and each party hereto irrevocably submits itself and its property with respect
to any such Proceeding to the exclusive jurisdiction of such court, (ii)&nbsp;agrees that any such Proceeding shall be governed by the
Laws of the State of New York (without giving effect to any conflict of laws principles that would result in the application of the Laws
of another state), (provided, that (i)&nbsp;the interpretation of the definition of Material Adverse Effect and whether or not a Material
Adverse Effect has occurred and (ii)&nbsp;the determination of the accuracy of any Specified Acquisition Agreement Representation and
whether as a result of any inaccuracy thereof, the Borrower (as defined in the Debt Commitment Letter) (or its applicable affiliates)
has the right to terminate its obligation to consummate the Acquisition (as defined in the Debt Commitment Letter) (or otherwise does
not have an obligation to close) under the this Agreement as a result of a failure of such representations in this Agreement to be accurate
without liability to any of them, in each case, shall be governed by and construed in accordance with the laws of the State of Texas,
without giving effect to any choice of law provision or rule&nbsp;(whether of the State of Texas or any other jurisdiction) that would
cause the application of the laws of any jurisdiction other than the State of Texas)), (iii)&nbsp;agrees not to bring or support or permit
any of its Affiliates to bring or support any Proceeding of any kind or description, whether in Law or in equity, whether in contract
or in tort or otherwise, against any Financing Source in any way arising out of or relating to, this Agreement, any such Financing, any
such Debt Document or any of the transactions contemplated hereby or thereby or the performance of any services thereunder in any forum
other than any federal or state court in the Borough of Manhattan, New York, New York, (iv)&nbsp;agrees that service of process upon the
Seller and any member of the Target Group or their respective Affiliates and their respective permitted successors and assigns in any
such Proceeding or proceeding shall be effective if notice is given in accordance with <U>Section&nbsp;14.1</U>, (v)&nbsp;irrevocably
waives, to the fullest extent that it may effectively do so, the defense of an inconvenient forum to the maintenance of such Proceeding
in any such court, (vi)&nbsp;knowingly, intentionally and voluntarily waives to the fullest extent permitted by applicable law trial by
jury in any Proceeding brought against any such Financing Sources in any way arising out of or relating to, this Agreement, any such Financing,
any such Debt Document or any of the transactions contemplated hereby or thereby or the performance of any services thereunder, (vii)&nbsp;agrees
that no Financing Source will to the fullest extent permitted by applicable Law have any liability to the Seller, any Company or any other
member of the Target Group or any of their respective Affiliates or representatives (in each case, other than Buyer and its subsidiaries)
relating to or arising out of this Agreement, any such Financing, any such Debt Document or any of the transactions contemplated hereby
or thereby or the performance of any services thereunder, whether in Law or in equity, whether in contract or in tort or otherwise, (viii)&nbsp;waives
any and all rights or claims against the Financing Sources in connection with this Agreement, the Financing or any Debt Document or any
of the transactions contemplated hereby or thereby or the performance of any services thereunder, whether in law or equity, contract,
tort or otherwise, (ix)&nbsp;agrees no Financing Source shall be subject to any special, consequential, punitive or indirect damages or
damages of a tortious nature, and (x)&nbsp;agrees not to commence (and if commenced agrees to dismiss or otherwise terminate) any proceeding
or legal or equitable action against any Financing Source in connection with this Agreement, the Financing or any Debt Document or any
of the transactions contemplated hereby or thereby or the performance of any services thereunder. Notwithstanding the foregoing, (A)&nbsp;nothing
in this <U>Section&nbsp;14.16(a)</U>&nbsp;shall in any way limit or modify the rights and obligations of Buyer under this Agreement or
any Financing Source&rsquo;s obligations to Buyer or its affiliates or the rights of the Buyer and its Affiliates against any such Financing
Source with regard to any financing contemplated hereby following the Closing Date and (B)&nbsp;the Buyer agrees and confirms that its
obligations under this Agreement are in no way subject to or conditioned upon obtaining any Financing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>[Signature pages&nbsp;to follow]</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Each of the Parties has executed
this Agreement as of the date first written above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">SELLER:</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">HG ENERGY II LLC</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 3%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 47%"><FONT STYLE="font-size: 10pt">/s/
    Jared C. Hall</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name: Jared C. Hall</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Title: Chief Executive Officer</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">COMPANIES:</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">HG ENERGY II PRODUCTION HOLDINGS,
    LLC</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">HG Energy II LLC, its sole member</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">/s/Jared C. Hall</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name: Jared C. Hall</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Title: Chief Executive Officer</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">HG ENERGY II MIDSTREAM HOLDINGS, LLC</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">HG Energy II LLC, its sole member</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">/s/ Jared C. Hall</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name: Jared C. Hall</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Title: Chief Executive Officer</FONT></TD></TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT><I>Signature
Page&nbsp;to Membership Interest Purchase Agreement</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 37 -->
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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">BUYER:</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">ANTERO RESOURCES CORPORATION</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 3%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 47%"><FONT STYLE="font-size: 10pt">/s/
    Brendan Krueger</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name: Brendan Krueger</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Title: Chief Financial Officer and Treasurer</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">ANTERO MIDSTREAM PARTNERS LP</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: Antero Midstream Partners GP LLC,
    its general partner</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">/s/ Justin Agnew</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name: Justin Agnew</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Title: Chief Financial Officer and Vice President
    &ndash; Finance</FONT></TD></TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT><I>Signature
Page&nbsp;to Membership Interest Purchase Agreement</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>tm2532931d1_ex10-2.htm
<DESCRIPTION>EXHIBIT 10.2
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

<P STYLE="font-weight: bold; margin: 0; text-align: right"><B>Exhibit 10.2</B></P>

<P STYLE="margin: 0; font-weight: bold; text-align: right"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>PURCHASE AND SALE AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>among</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Antero Resources Corporation,</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Antero Minerals LLC</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>and</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Monroe Pipeline LLC</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>as Seller</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>and</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Infinity Natural Resources, LLC</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>and</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Northern Oil and Gas,&nbsp;Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>as Buyer</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>dated</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>December&nbsp;5, 2025</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 1 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>TABLE
OF CONTENTS</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"> <B>Page</B></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>Article&nbsp;I DEFINITIONS AND INTERPRETATION</B></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>1</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.1 </FONT></TD>
    <TD STYLE="width: 85%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Defined Terms</FONT></TD>
    <TD STYLE="text-align: right; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.2 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">References and Rules&nbsp;of Construction</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">30</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>Article&nbsp;II PURCHASE AND SALE</B></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>30</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.1 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Purchase and Sale</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">30</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.2 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Excluded Assets</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">30</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.3 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Revenues and Expenses</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">30</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>Article&nbsp;III PURCHASE PRICE</B></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>32</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.1 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Purchase Price</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">32</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.2 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Deposit</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">32</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.3 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Adjustments to Purchase Price</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">32</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.4 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Preliminary Settlement Statement</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">34</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.5 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Final Settlement Statement</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">35</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.6 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Disputes</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">35</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.7 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Allocation of Purchase Price / Allocated Values</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">36</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.8 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Allocation of Consideration for Tax Purposes</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">36</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.9 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Withholding</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">37</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>Article&nbsp;IV ACCESS; DISCLAIMERS</B></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>37</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.1 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Access</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">37</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.2 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Confidentiality</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">39</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.3 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Disclaimers</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">40</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>Article&nbsp;V TITLE MATTERS; CASUALTY; TRANSFER RESTRICTIONS</B></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>42</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.1 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exclusive Title Remedy</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">42</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.2 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notice of Title Defects; Defect Adjustments</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">43</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.3 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Casualty Loss</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">48</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.4 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Preferential Purchase Rights, Tag-Along Rights and Consents to Assign</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">48</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>Article&nbsp;VI ENVIRONMENTAL MATTERS</B></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>50</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.1 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notice of Environmental Defects</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">50</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.2 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NORM, Wastes and Other Substances</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">53</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>Article&nbsp;VII CERTAIN AGREEMENTS</B></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>53</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.1 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Conduct of Business</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">53</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.2 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Governmental Bonds</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">57</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.3 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Record Retention</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">57</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.4 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Amendment of Schedules</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">58</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.5 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Assumed Litigation</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">58</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.6 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">HSR Act</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">58</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.7 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">R&amp;W Insurance Policy</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">59</FONT></TD></TR>
</TABLE>

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<P STYLE="margin: 0"></P>

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<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.8 </FONT></TD>
    <TD STYLE="width: 85%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Replacement of Insurance</FONT></TD>
    <TD STYLE="text-align: right; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">59</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.9 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Successor Operator</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">59</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.10 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notifications</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">60</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.11 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Cooperation with Financing</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">60</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.12 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financial Information</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">63</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.13 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Buyer Financing.</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">64</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.14 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Capacity Side Letter</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">65</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.15 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NOG JDA</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">65</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.16 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Consent Decree Obligations</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">65</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>Article&nbsp;VIII REPRESENTATIONS AND WARRANTIES OF SELLER</B></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>67</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.1 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Organization, Existence and Qualification</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">67</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.2 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Authority, Approval and Enforceability</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">68</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.3 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">No Conflicts</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">68</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.4 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Consents</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">69</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.5 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Bankruptcy</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">69</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.6 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Foreign Person</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">69</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.7 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Litigation</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">69</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.8 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Material Contracts</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">69</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.9 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">No Violation of Laws</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">71</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.10 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Preferential Rights</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">71</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.11 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Imbalances</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">71</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.12 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Current Commitments</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">71</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.13 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Environmental</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">72</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.14 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Taxes</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">72</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.15 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Brokers&rsquo; Fees</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">74</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.16 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Suspense Funds</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">74</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.17 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Special Warranty of Title</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">74</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.18 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Royalties and Working Interest Payments</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">74</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.19 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Wells</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">75</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.20 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Credit Support</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">75</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.21 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Non-Consent Operations</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">75</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.22 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Casualty Loss and Condemnation</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">75</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.23 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Advance Payments</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">75</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.24 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Lease Status</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">76</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.25 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Permits</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">76</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.26 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Payout Balances</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">77</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.27 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Reserved.</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">77</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.28 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Specified Matters</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">77</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.29 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Reserved.</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">77</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.30 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Personal Property</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">77</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.31 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Regulatory Matters</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">77</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.32 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Reserved</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">78</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.33 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Reserved.</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">78</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.34 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sufficiency of Assets</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">78</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.35 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Gathering System Property</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">78</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.36 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Absence of Changes</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">79</FONT></TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.37 </FONT></TD>
    <TD STYLE="width: 85%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Lease Operating Statements</FONT></TD>
    <TD STYLE="text-align: right; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">80</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.38 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Employee Benefit Plans</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">80</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.39 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Labor and Employment Matters</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">80</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.40 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Affiliate Arrangements</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">81</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>Article&nbsp;IX REPRESENTATIONS AND WARRANTIES OF BUYER</B></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>81</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.1 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Organization, Existence and Qualification</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">81</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.2 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Authority, Approval and Enforceability</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">82</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.3 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">No Conflicts</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">82</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.4 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Consents</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">82</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.5 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Bankruptcy</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">82</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.6 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Litigation</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">82</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.7 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financing</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">83</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.8 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Regulatory</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">84</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.9 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Independent Evaluation</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">84</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.10 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Brokers&rsquo; Fees</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">84</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.11 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Accredited Investor</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">85</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.12 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Due Diligence</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">85</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.13 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Business Use, Bargaining Position</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">85</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>Article&nbsp;X BUYER&rsquo;S CONDITIONS TO CLOSING</B></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>85</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.1 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Representations</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">85</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.2 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Performance</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">86</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.3 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">No Legal Proceedings</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">86</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.4 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title Defects and Environmental Defects</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">86</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.5 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Closing Certificate</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">86</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.6 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Closing Deliverables</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">86</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.7 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">HSR Act</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">86</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.8 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Concurrent PSA</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">86</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>Article&nbsp;XI SELLER&rsquo;S CONDITIONS TO CLOSING</B></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>86</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">11.1 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Representations</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">87</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">11.2 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Performance</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">87</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">11.3 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">No Legal Proceedings</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">87</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">11.4 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title Defects and Environmental Defects</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">87</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">11.5 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Closing Certificate</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">87</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">11.6 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Closing Deliverables</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">87</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">11.7 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">HSR Act</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">87</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">11.8 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Concurrent PSA</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">87</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>Article&nbsp;XII CLOSING</B></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>87</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">12.1 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date of Closing</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">87</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">12.2 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Place of Closing</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">88</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">12.3 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Failure to Close</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">88</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">12.4 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Closing Obligations</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">88</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">12.5 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Records</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">90</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">12.6 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Recording</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">90</FONT></TD></TR>
</TABLE>

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<P STYLE="margin: 0"></P>

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<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">12.7 </FONT></TD>
    <TD STYLE="width: 85%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Post-Closing Obligations</FONT></TD>
    <TD STYLE="text-align: right; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">90</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>Article&nbsp;XIII TERMINATION; DEFAULT AND REMEDIES</B></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>91</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13.1 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Right of Termination</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">91</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13.2 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Effect of Termination</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">92</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13.3 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Return of Documentation and Confidentiality</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">94</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>Article&nbsp;XIV ASSUMPTION; INDEMNIFICATION; SURVIVAL</B></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>95</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14.1 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Assumption by Buyer</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">95</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14.2 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Indemnities of Buyer</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">96</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14.3 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Retained Liabilities of Seller</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">96</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14.4 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Express Negligence</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">96</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14.5 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exclusive Remedy</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">97</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14.6 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Indemnification Procedures</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">97</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14.7 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Survival</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">99</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14.8 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Waiver of Right to Rescission</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">99</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14.9 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Insurance</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">100</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14.10 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Non-Compensatory Damages</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">100</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14.11 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Disclaimer of Application of Anti-Indemnity Statutes</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">100</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>Article&nbsp;XV EMPLOYEES</B></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>101</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">15.1 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Employee Matters.</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">101</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>Article&nbsp;XVI MISCELLANEOUS</B></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>104</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.1 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibits and Schedules</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">104</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.2 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Expenses</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">104</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.3 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Taxes</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">104</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.4 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Assignment</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">109</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.5 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Preparation of Agreement</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">109</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.6 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Publicity</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">109</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.7 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notices</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">110</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.8 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Further Cooperation</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">112</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.9 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">No Recourse</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">112</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.10 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Entire Agreement; Conflicts</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">112</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.11 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Parties in Interest</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">113</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.12 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Amendment</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">113</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.13 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Waiver; Rights Cumulative</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">113</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.14 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Conflict of Law Jurisdiction, Venue; Jury Waiver</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">113</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.15 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Like-Kind Exchange</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">114</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.16 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Severability</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">114</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.17 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Counterparts</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">115</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.18 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Time is of the Essence</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">115</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.19 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Seller Joint and Several Liability; Buyer Several Liability</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">115</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.20 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Buyer Representative</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">115</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.375in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.21 </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Debt Financing Sources</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">116</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>LIST OF EXHIBITS AND SCHEDULES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><U>EXHIBITS</U>:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 15%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit&nbsp;A-1&#8239;</FONT></TD>
    <TD STYLE="width: 5%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="width: 80%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Leases; Mineral Interests</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit&nbsp;A-2&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Rights-of-Way</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit&nbsp;A-3&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Surface Fee</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit&nbsp;B&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Wells; Well Pad Locations</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit&nbsp;C&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Monroe Gathering Systems</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit&nbsp;D&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Inventory</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit&nbsp;E&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Transferred Vehicles</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit&nbsp;F&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Assigned Surface</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit&nbsp;G&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Allocated Values</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit&nbsp;H&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Form&nbsp;of Assignment and Bill of Sale</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit&nbsp;I&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Form&nbsp;of Deed</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit&nbsp;J&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Form&nbsp;of R&amp;W Insurance Policy</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit&nbsp;K&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;R&amp;W Conditional Binder</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit&nbsp;L&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;[Reserved]</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit&nbsp;M&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Form&nbsp;of Seller&rsquo;s Certificate</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit&nbsp;N&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Form&nbsp;of Buyer&rsquo;s Certificate</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit&nbsp;O&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Certain Applicable Contracts</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit&nbsp;P&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Form&nbsp;of Transition Services Agreement</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit&nbsp;Q&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Specified Contracts</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit&nbsp;R&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Specified Inventory</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit&nbsp;S&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;[Reserved]</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit&nbsp;T&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Consent Decree</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit&nbsp;U&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Capacity Side Letter</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><U>SCHEDULES</U>:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 15%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 1.1A&#8239;</FONT></TD>
    <TD STYLE="width: 5%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="width: 80%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Seller Knowledge Persons</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 1.1B&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Infinity Knowledge Persons</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 1.1C&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;NOG Knowledge Persons</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 1.1(cc)&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Certain Excluded Assets</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.1&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Conduct of Business</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.2&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Governmental Bonds</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 7.5&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Assumed Litigation</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 8.4&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Consents</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 8.7&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Litigation</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 8.8(a)&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Material Contracts</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 8.8(b)&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Material Contract Matters</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 8.9&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;No Violation of Laws</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 8.10&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Preferential Rights</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 8.11&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Imbalances</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 8.12&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Current Commitments</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 8.13&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Environmental</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 8.14&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Asset Taxes</FONT></TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 15%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 8.16&#8239;</FONT></TD>
    <TD STYLE="text-align: justify; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify; width: 80%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Suspense Funds</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 8.18&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Royalties and Working Interest Payments</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule&nbsp;8.19(a)&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Wells P&amp;A</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule&nbsp;8.19(b)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Wells Compliance</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule&nbsp;8.19(c)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Wells P&amp;A Compliance</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule&nbsp;8.19(d)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Wells Allowables</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 8.20&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Credit Support</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 8.21&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Non-Consent Operations</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 8.23&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Advance Payments</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 8.25(a)&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Permits</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule&nbsp;8.25(b)&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;APDs</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 8.26&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Payout Balances</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 8.28&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Specified Matters</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 8.30&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Personal Property</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule&nbsp;8.32&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;No Transfer</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 8.34&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Sufficiency of Assets</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule&nbsp;8.35(a)&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Monroe Gathering Systems Owned Real Property</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule&nbsp;8.35(b)&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Monroe Gathering Systems Leased Real Property</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 8.35(c)&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Gathering Systems Rights-of-Way and Permits</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 8.35(d)&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Monroe Gathering Systems</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 8.36&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Absence of Changes</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 8.37&#8239;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Lease Operating Statements</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 8.38&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Employee Benefit Plans</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 8.39(a)&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Labor and Employment Matters</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 8.40&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Affiliate Arrangements</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 14.3&#8239;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Retained Liabilities of Seller</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 15.1&#8239;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Business Employees</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule PE&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;&#8239;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;Permitted Encumbrances</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>PURCHASE AND SALE AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">This PURCHASE AND SALE AGREEMENT
(this &ldquo;<B><I>Agreement</I></B>&rdquo;) is executed as of December&nbsp;5, 2025 (the &ldquo;<B><I>Execution Date</I></B>&rdquo;),
by and between Antero Resources Corporation, a Delaware corporation (&ldquo;<B><I>Antero Resources</I></B>&rdquo;), Antero Minerals LLC,
a Delaware limited liability company (&ldquo;<B><I>Antero Minerals</I></B>&rdquo;) and Monroe Pipeline LLC, a Delaware limited liability
company (&ldquo;<B><I>Monroe Pipeline</I></B>&rdquo; and together with Antero Resources and Antero Minerals, collectively, &ldquo;<B><I>Seller</I></B>&rdquo;),
on the one hand,&nbsp;Infinity Natural Resources LLC, a Delaware limited liability company (&ldquo;<B><I>Infinity</I></B>&rdquo;), and
Northern Oil and Gas,&nbsp;Inc., a Delaware corporation (&ldquo;<B><I>NOG</I></B>&rdquo;, and together with Infinity, collectively, &ldquo;<B><I>Buyer</I></B>&rdquo;),
on the other hand. Seller,&nbsp;Infinity and NOG are each a &ldquo;<B><I>Party</I></B>&rdquo;, and collectively the &ldquo;<B><I>Parties</I></B>&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>RECITALS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>WHEREAS</B></FONT>,
Seller desires to sell and assign, and Buyer desires to purchase and pay for, the Assets (as hereinafter defined) and assume the Assumed
Obligations (as hereinafter defined), upon the terms and conditions set forth in this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>NOW,
THEREFORE</B></FONT>, for and in consideration of the mutual promises contained herein, the benefits to be derived by each Party hereunder,
and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Seller and Buyer agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000"><B>Article&nbsp;I
</B></FONT><B><BR>
DEFINITIONS AND INTERPRETATION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>1.1</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Defined
Terms</I></B>. Capitalized terms used herein shall have the meanings set forth in this <I>Section&nbsp;1.1</I>, unless the context otherwise
requires.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Accounting Arbitrator</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;3.6</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Adjusted Purchase
Price</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;3.3</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>AFE</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;8.12</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Affiliate</I></B>&rdquo;
shall mean any Person that, directly or indirectly, through one or more intermediaries, controls, is controlled by or is under common
control with, another Person. The term &ldquo;<B><I>control</I></B>&rdquo; and its derivatives with respect to any Person means the possession,
directly or indirectly, of the power to direct or cause the direction of the management and policies of such Person, whether through the
ownership of voting securities, by contract or otherwise. Notwithstanding the foregoing, (a)&nbsp;no Person comprising a part of the AM
Group shall be considered an Affiliate of Seller and (b)&nbsp;except for the usages of such term in and without limiting <I>Section&nbsp;5.2(h)</I>,
<I>Section&nbsp;6.1(f)</I>, <I>Section&nbsp;7.6</I>, <I>Section&nbsp;10.3 </I>(with respect to the usage of &ldquo;Third Party&rdquo;
therein), <I>Section&nbsp;11.3 </I>(with respect to the usage of &ldquo;Third Party&rdquo; therein), <I>Section&nbsp;14.5</I>, <I>Section&nbsp;16.9</I>,
and <I>Section&nbsp;16.11</I>, no Pearl Entity or NGP Entity shall be an Affiliate of any Buyer, and no Buyer nor any of their direct
or indirect subsidiaries shall be an Affiliate of any Pearl Entity or NGP Entity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Affiliate Arrangement</I></B>&rdquo;
means any Contract binding on the Assets that is between Seller, on the one hand, and any Affiliate of Seller, any director, manager or
officer of either Seller or any member of the immediate family or Affiliate of such director, manager, employee or officer, on the other
hand.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Agreement</I></B>&rdquo;
shall have the meaning set forth in the introductory paragraph herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Allocated Value</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;3.7</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Allocation</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;3.8</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>AM Group</I></B>&rdquo;
shall mean Antero Midstream Corporation, a Delaware corporation, and any subsidiary thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Antero-QL Tax
Partnership</I></B>&rdquo; shall mean the Antero-QL-AR (I)&nbsp;Tax Partnership, created pursuant to a Joint Development Agreement between
Antero Resources and QL-AR (I)&nbsp;LLC (the &ldquo;<B><I>Quantum Partner</I></B>&rdquo;) and evidenced by the Antero-QL Tax Partnership
Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Antero-QL Tax
Partnership Agreement</I></B>&rdquo; shall mean that certain Tax Partnership Agreement of the Antero-QL-AR (I)&nbsp;Tax Partnership between
Antero Resources Corporation and QL-AR (I), LLC dated February&nbsp;16, 2021.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Annual Bonus
Plan</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;15.1</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Antero Minerals</I></B>&rdquo;
shall have the meaning set forth in the introductory paragraph of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Antero Resources</I></B>&rdquo;
shall have the meaning set forth in the introductory paragraph of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>APD</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;8.25</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Applicable Contracts</I></B>&rdquo;
shall mean, except for any Excluded Assets, all Contracts (a)&nbsp;to which Seller is a party (or is a successor or assign of a party),
(b)&nbsp;to the extent that such Contracts bind or burden the Assets or Seller with respect to the Assets and (c)&nbsp;that will be binding
on Buyer after Closing (but exclusive of any master service agreements, gas sales or marketing agreements, firm transportation agreements,
drilling contracts, Hedge Contracts or similar Contracts, except to the extent that any of such agreements or Contracts are specifically
identified on <U>Exhibit&nbsp;O</U>).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Assets</I></B>&rdquo;
shall mean, collectively, all of Seller&rsquo;s right, title and interest in and to the following, in each case, less and except the Excluded
Assets:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
oil, gas or mineral leases, and all leasehold estates created thereby, located within the Sale Area, including the oil and gas leases
described in <U>Exhibit&nbsp;A-1</U> (such interest in such leases, the &ldquo;<B><I>Leases</I></B>&rdquo;), together with (i)&nbsp;any
and all other rights, titles and interests of Seller in and to the lands covered or burdened thereby (such lands, collectively, the &ldquo;<B><I>Lands</I></B>&rdquo;),
and (ii)&nbsp;all other interests of Seller of any kind or character in and to the Leases and Lands;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
oil, gas water, CO2, injection and disposal wells located on or producing from any of the Leases, Lands or on any other lease or lands
with which any Lease has been pooled or unitized, whether such wells are producing, shut-in, temporarily or permanently plugged or abandoned
(such interest in such wells and including the wells, planned wells and in-progress wells set forth in <U>Exhibit&nbsp;B</U>, the &ldquo;<B><I>Wells</I></B>&rdquo;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
rights and interests in, under or derived from all unitization or pooling orders or agreements in effect with respect to any of the Leases,
Lands or Wells and the units created thereby (the &ldquo;<B><I>Units</I></B>&rdquo;, and together with Leases, the Lands, the Wells and
the Well Pad Locations being collectively referred to in this Agreement as the &ldquo;<B><I>Properties</I></B>&rdquo; or individually
as a &ldquo;<B><I>Property</I></B>&rdquo;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>to
the extent that they may be assigned subject to <I>Section&nbsp;5.4</I>, all Applicable Contracts;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(e)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>to
the extent that they may be assigned subject to <I>Section&nbsp;5.4</I>, all Rights-of-Way, including the Rights-of-Way set forth in <U>Exhibit&nbsp;A-2</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(f)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
fee minerals, mineral servitudes and any other similar interests in, or right to produce Hydrocarbons and minerals in place, in each case,
located within the Sale Area, including those set forth on <U>Exhibit&nbsp;A-1</U> (the &ldquo;<B><I>Mineral Interests</I></B>&rdquo;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(g)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
fee surface interests located within the Sale Area, included those described on <U>Exhibit&nbsp;A-3</U> (the &ldquo;<B><I>Surface Fee</I></B>&rdquo;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(h)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
oil or gas pipeline systems of Monroe Pipeline (the &ldquo;<B><I>Monroe Gathering Systems</I></B>&rdquo;) located in the Sale Area, including
those depicted on <U>Exhibit&nbsp;C</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
equipment, machinery, fixtures and other personal and mixed property, operational and nonoperational, known or unknown, including pipelines,
gathering systems, well equipment, casing, tubing, pumps, motors, fixtures, machinery, in-field gathering lines, compression equipment,
flow lines, processing and separation facilities, frac pits, frac ponds, evaporation pits and other water pits, structures, materials
and other items, in each case, that is either located on or appurtenant to any of the Leases, Wells, Units or other Assets or that is
primarily used or held for use in connection with the ownership, use, operation or development of the Leases, Lands, Wells, Units, Monroe
Gathering Systems or other Assets (the &ldquo;<B><I>Personal Property</I></B>&rdquo;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(j)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
inventory set forth on <U>Exhibit&nbsp;D</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(k)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
Hydrocarbons attributable to the Leases, Lands, Wells and/or Units, to the extent such Hydrocarbons were produced from and after the Effective
Time, including Hydrocarbons in storage or existing in stock tanks, pipelines or plants (including inventory) and upstream of the sales
meter as of the Effective Time, and all Imbalances relating to the Assets as of the Effective Time;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(l)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>to
the extent that they may be assigned, all Permits, servitudes, easements, rights-of-way, surface leases, other surface interests and surface
rights, in each case, to the extent (i)&nbsp;appurtenant or (ii)&nbsp;used in connection with the ownership, use or operation of the Assets;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(m)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
vehicles set forth on <U>Exhibit&nbsp;E</U>, but only to the extent assigned to and primarily driven by any Transferred Employees actually
hired by Buyer pursuant to <I>Article&nbsp;XV</I> (the &ldquo;<B><I>Transferred Vehicles</I></B>&rdquo;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(n)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
field office(s), warehouses and laydown yards of Seller located within the Sale Area (including (i)&nbsp;any Leased Real Property, and
(ii)&nbsp;personal property interests, in each case, located therein or thereon or relating thereto) (the &ldquo;<B><I>Assigned Surface</I></B>&rdquo;),
including those set forth on <U>Exhibit&nbsp;F</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(o)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>(i)&nbsp;all
radio and communication towers and cellular modems and (ii)&nbsp;all radio and telephone equipment, SCADA and measurement technology and
other production related mobility devices (such as SCADA controllers), well communication devices and any other information technology
systems and, in each case, all licenses relating thereto, in each case, that are used solely in connection with the operation of the Assets;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(p)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
trade credits, instruments, general intangibles and other proceeds, benefits, income or revenues attributable to any of the Assets (including
from the sale of any Hydrocarbons) to the extent (i)&nbsp;attributable to the other Assets with respect to periods from and after the
Effective Time, and (ii)&nbsp;pertaining to the Assumed Obligations;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(q)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
claims, rights, demands, causes of action, suits, judgments, damages, awards, recoveries, settlements, indemnities, warranties, refunds,
reimbursements, audit rights and other intangible rights in favor of or owed to Seller or its Affiliates, in each case, to the extent
(i)attributable to the other Assets and accruing from and after the Effective Time, and (ii)&nbsp;pertaining to the Assumed Obligations;
and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(r)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>copies
(whether hard copies or digital files) of all files, records and data (i)to the extent related to the ownership, operation, use or development
of the Assets described above, and (ii)&nbsp;that are in Seller&rsquo;s or its Affiliates&rsquo; possession, including (to the extent
satisfying the foregoing provisions of this <I>subsection (r)</I>): (A)&nbsp;land and title records (including abstracts of title, title
opinions, title curative documents, surveys and data sheets); (B)&nbsp;Applicable Contract files; (C)&nbsp;well logs, operations, environmental,
health and safety, pipeline safety, production, accounting and Tax records (other than those primarily relating to Income Taxes (other
than Income Tax records of the Antero-QL Tax Partnership, in the event that the Parties determine that Seller is treated as conveying
to Buyer an interest in the Antero-QL Tax Partnership for U.S. federal Income Tax purposes pursuant to this Agreement) or that relate
to Seller&rsquo;s business generally); (D)&nbsp;subject to <I>subsection (m)</I>&nbsp;of the definition of &ldquo;Excluded Assets,&rdquo;
all geophysical and other seismic and related technical data and information to the extent relating to the Assets and (E)&nbsp;facility
and well records (the foregoing items in this <I>subsection (r)</I>, collectively, the &ldquo;<B><I>Records</I></B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Asset Taxes</I></B>&rdquo;
shall mean ad valorem, property, excise, severance, production, sales, use or similar Taxes (including gross receipts Taxes in the nature
of a sales Tax but excluding, for the avoidance of doubt, the Ohio Commercial Activity Tax) based upon or measured by the acquisition,
operation or ownership of the Assets or the production of Hydrocarbons or the receipt of proceeds therefrom but excluding, for the avoidance
of doubt, (a)&nbsp;Income Taxes and (b)&nbsp;Transfer Taxes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Assigned Rights</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;16.15</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Assigned Surface</I></B>&rdquo;
shall have the meaning set forth in <I>subsection (l)</I>&nbsp;of the definition of &ldquo;Assets&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Assignment</I></B>&rdquo;
shall mean the Assignment and Bill of Sale from Seller to Buyer pertaining to the Assets and substantially in the form of <U>Exhibit&nbsp;H</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Assumed Litigation</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;7.5</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Assumed Obligations</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;14.1</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Benefit Plan</I></B>&rdquo;
shall mean (a)&nbsp;each &ldquo;employee benefit plan,&rdquo; as such term is defined in Section&nbsp;3(3)&nbsp;of ERISA, whether or not
such plans are subject to ERISA; and (b)&nbsp;each equity option plan, equity appreciation rights plan, restricted equity plan, phantom
equity plan, equity based compensation arrangement, profit sharing, bonus or commission plan or arrangement, incentive award plan or arrangement,
vacation or paid-time-off policy, severance or termination pay plan, policy or agreement, deferred compensation agreement or arrangement,
executive compensation or supplemental income arrangement, individual consulting or independent contractor agreement, employment agreement,
retention agreement, transaction or change of control agreement and each other benefit or compensation plan, agreement, arrangement, program,
practice, policy or understanding which is not described in <I>clause (a)</I>&nbsp;above, in each case, that is maintained, contributed
to (or required to be contributed to) or sponsored by Seller or any of its Affiliates for the benefit of any current or former Business
Employee, or otherwise with respect to which Seller or any of its Affiliates has any Liability relating to the Assets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Bonus Plan Participant</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;15.1</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Business Day</I></B>&rdquo;
shall mean a day (other than a Saturday or Sunday) on which commercial banks in Texas are generally open for business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Business Employee</I></B>&rdquo;
shall mean each employee of Seller or its Affiliates whose regular employment duties or responsibilities are primarily dedicated to the
Assets and whose name is set forth in <I>Schedule 8.39(a)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Buyer</I></B>&rdquo;
shall have the meaning set forth in the introductory paragraph of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Buyer Benefit
Plan</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;15.1(d)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Buyer Closing
Certificate</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;11.5</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Buyer Indemnified
Parties</I></B>&rdquo; shall mean Buyer and its Affiliates, and all of its and their respective partners, members, directors, officers,
managers, employees, attorneys, agents and representatives.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Buyer Pro Rata
Share</I></B>&rdquo; means, with respect to (a)&nbsp;Infinity, 51%, and (b)&nbsp;NOG, 49%.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Buyer&rsquo;s
Representatives</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;4.1(a)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Buyer Welfare
Benefit Plan</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;15.1(c)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Capacity Side
Letter</I></B>&rdquo; shall have the meaning set forth in Section&nbsp;<I>7.14(a)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Casualty Loss</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;5.3(b)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>CERCLA</I></B>&rdquo;
shall mean the Comprehensive Environmental Response, Compensation and Liability Act, as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Claim</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;&lrm;14.6(b)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Claim Notice</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;14.6(b)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Closing</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;12.1</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Closing Date</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;12.1</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Code</I></B>&rdquo;
shall mean the Internal Revenue Code of 1986, as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Concurrent PSA</I></B>&rdquo;
shall mean that certain Purchase and Sale Agreement by and among Infinity, NOG, Antero Midstream LLC, Antero Water LLC and Antero Treatment
LLC dated as of the Execution Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Confidentiality
Agreement</I></B>&rdquo; shall mean, collectively, (a)&nbsp;that certain Confidentiality Agreement, dated as of September&nbsp;11, 2025,
by and among Antero Resources and Infinity Natural Resources, LLC and (b)&nbsp;that certain Confidentiality Agreement, dated as of September&nbsp;16,
2025, by and among Antero Resources and Northern Oil and Gas,&nbsp;Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Consent</I></B>&rdquo;
means any approval, consent, ratification, waiver or other authorization (including any governmental authorization) from any Person that
is required to be obtained in connection with the execution or delivery of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Consent Decree</I></B>&rdquo;
means that certain consent decree captioned United States of America and West Virginia Department of Environmental Protection v. Antero
Resources Corporation, executed in substantially the same form as <U>Exhibit&nbsp;T</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Consent Decree
Acknowledgement</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;7.16(b)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Consent Decree
Court</I></B>&rdquo; means the United States District Court for the Northern District of West Virginia.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Contract</I></B>&rdquo;
shall mean any written: contract; agreement; agreement regarding indebtedness; indenture; debenture; note, bond or loan; mortgage; license
agreement; farmin and/or farmout agreement; participation, exploration or development agreement; crude oil, condensate or natural gas
purchase and sale, gathering, processing, transportation or marketing agreement; operating agreement; balancing agreement; unitization
agreement; facilities or equipment lease; water rights or water withdrawal agreement; pooling or production handling agreement; or other
similar contract, but in each case specifically excluding, however, any Lease, Right-of-Way, Permit, or other instrument creating or evidencing
an interest in any Property or any real property related to or used or held for use in connection with the operation of any Asset.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>COPAS</I></B>&rdquo;
shall mean the Accounting Procedures promulgated by the Council of Petroleum Accountants Societies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Covered Depths</I></B>&rdquo;
shall mean all depths and formations below the base of the Ohio Shale formation (top of the Java formation), encountered at a depth of
approximately 3,589'MD (or the stratigraphic equivalent thereof), to 200'MD below the base of the Point Pleasant formation (top of the
Trenton Limestone formation), encountered at a depth of approximately 8,192'MD (or the stratigraphic equivalent thereof) (the base of
the Point Pleasant/top of the Trenton Limestone being encountered at a depth of approximately 7,992'MD), as seen in the Antero Resources
Appalachian COI., Rubel ET Unit #1 well (API Number 34111243310000) located in Section&nbsp;22, Seneca Township, Monroe County, Ohio.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Cure</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;5.2(c)(iv)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Cure Period</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;5.2(c)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Customary Post-Closing
Consents</I></B>&rdquo; shall mean the consents and approvals from Governmental Authorities for the assignment of the Properties to Buyer
that are customarily obtained after such assignment of properties similar to the Properties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Cut-Off Date</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;2.3(b)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Debt Financing</I></B>&rdquo;
shall mean a debt financing provided by a Debt Financing Source in order to finance all or a portion of the Funding Requirements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Debt Financing
Source</I></B>&rdquo; shall mean, in its capacity as such, any lender or similar debt financing source providing or arranging debt financing
(or any commitments therefor) and their respective Affiliates and any arrangers under the Debt Commitment Letter, and such arranger&rsquo;s,
lender&rsquo;s or other debt financing source&rsquo;s (and their respective Affiliates&rsquo;) equityholders, members, employees, officers,
directors, attorneys, agents, representatives or advisors and any successor or assign of any of the foregoing. For the avoidance of doubt,
 &ldquo;Debt Financing Source&rdquo; shall include each &ldquo;Commitment Party&rdquo; under and as defined in the Debt Commitment Letter
but shall expressly exclude NOG and its Affiliates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Debt Instrument</I></B>&rdquo;
shall mean any Contract that is an indenture, mortgage, loan, credit agreement, sale-leaseback or similar financial Contract or any guaranty
of any such Contract, in each case, to the extent creating or evidencing indebtedness on the part of Seller or their Affiliates for borrowed
money.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Deed</I></B>&rdquo;
shall mean the Mineral and Surface Deed from Seller to Buyer substantially in the form of <U>Exhibit&nbsp;I</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Defect
Deductible</I></B>&rdquo; shall mean 3% of the unadjusted Purchase Price.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Defect
Escrow Account</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;5.2(c)(iv)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Defect
Escrow Amount</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;12.4(g)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Defect Notice
Date</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;5.2(a)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Defensible Title</I></B>&rdquo;
shall mean such title of Seller to the Assets that is either: (x)&nbsp;deducible of record; (y)&nbsp;derivative of unitization or pooling
orders or pooling agreements; or (z)&nbsp;evidenced by unrecorded written instruments or elections, made or delivered pursuant to a joint
operating agreement, unitization or pooling orders or pooling agreements that, in each case, as of the Effective Time and immediately
prior to the Closing, and subject to Permitted Encumbrances:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>with
respect to the Target Formation, for each Lease, Well and Well Pad Location, entitles Seller to receive during the entirety of the productive
life of such Lease, Well and Well Pad Location (as applicable) not less than the Net Revenue Interest for such Lease, Well or Well Pad
Location as set forth in <U>Exhibit&nbsp;G</U>, as applicable, except, in each case, for (i)&nbsp;decreases in connection with those operations
in which Seller or its successors or assigns may from and after the Execution Date and in compliance with the terms of this Agreement
elect to be a non-consenting co-owner, (ii)&nbsp;decreases resulting from the establishment or amendment from and after the Execution
Date of pools or units in compliance with the terms of this Agreement, (iii)decreases required to allow other Working Interest owners
to make up past underproduction or pipelines to make up past under deliveries, (iv)&nbsp;with respect to a Lease or Well Pad location,
decreases resulting from changes in tract or production allocations resulting from elections by third parties to participate or not participate
in operations after the Execution Date, (v)&nbsp;decreases resulting from any reversion of interest to a co-owner with respect to operations
in which such co-owner, after the Execution Date, elects not to Consent, or prior to the Execution Date, elected not to Consent, and (vi)&nbsp;as
otherwise expressly set forth in <U>Exhibit&nbsp;G</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>with
respect to the Target Formation, for each Lease, entitles Seller to not less than the Net Acres for such Lease as set forth on <U>Exhibit&nbsp;G</U>,
except for (i)&nbsp;decreases in connection with those operations in which Seller or its successors or assigns may from and after the
Execution Date and in compliance with the terms of this Agreement elect to be a non-consenting co-owner, (ii)&nbsp;decreases resulting
from the establishment or amendment from and after the Execution Date of pools or units in compliance with the terms of this Agreement,
(iii)decreases required to allow other Working Interest owners to make up past underproduction or pipelines to make up past under deliveries,
(iv)&nbsp;decreases resulting from changes in tract or production allocations resulting from elections by third parties to participate
or not participate in operations after the Execution Date, (v)&nbsp;decreases resulting from any reversion of interest to a co-owner with
respect to operations in which such co-owner, after the Execution Date, elects not to Consent, or prior to the Execution Date, elected
not to Consent, and (vi)&nbsp;as otherwise expressly set forth in <U>Exhibit&nbsp;G</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>with
respect to the Target Formation, for each Well and Well Pad Location, obligates Seller to bear during the entirety of the productive life
of such Well and Well Pad Location not more than the Working Interest for such Well or Well Pad Location as set forth in <U>Exhibit&nbsp;G</U>,
except (i)&nbsp;increases resulting from contribution requirements with respect to defaulting co-owners from and after the Execution Date
under applicable operating agreements, (ii)&nbsp;increases to the extent that they are accompanied by a proportionate increase in Seller&rsquo;s
Net Revenue Interest in such Well or Well Pad Location, as applicable, and (iii)&nbsp;increases resulting from the establishment or amendment
from and after the Execution Date of pools or units in compliance with the terms of this Agreement, and (iv)&nbsp;as otherwise expressly
set forth in <U>Exhibit&nbsp;G</U>; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>is
free and clear of all Encumbrances.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Deposit</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;3.2</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Dispute Notice</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;3.5</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Disputed Environmental
Amount</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;6.1(f)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Disputed Title
Amount</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;5.2(h)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>DOJ</I></B>&rdquo;
means the U.S. Department of Justice.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Effective Time</I></B>&rdquo;
shall mean 12:01 a.m.&nbsp;(Prevailing Eastern Time) on July&nbsp;1, 2025.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>email</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;16.7</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Encumbrance</I></B>&rdquo;
shall mean any lien, security interest, pledge, charge, defect or similar encumbrance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Environmental
Arbitrators</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;6.1(f)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Environmental
Condition</I></B>&rdquo; shall mean (a)&nbsp;a condition with respect to the Assets or the operation thereof that causes any Asset not
to be in compliance with any Environmental Law, or (b)&nbsp;the existence, with respect to the Assets or the operation thereof, of any
environmental pollution, contamination or degradation where Remediation is presently required (or if known or confirmed, would be presently
required) under Environmental Laws. For the avoidance of doubt, (i)&nbsp;the fact that a Well is no longer capable of producing sufficient
quantities of oil or gas to continue to be classified as a &ldquo;producing well&rdquo; or that such a Well should be temporarily abandoned
or permanently plugged and abandoned shall not, in each case, form the basis of an Environmental Condition, except to the extent constituting
a violation of Environmental Laws as of the Defect Notice Date, (ii)&nbsp;the fact that a pipe is temporarily not in use shall not form
the basis of an Environmental Condition, and (iii)&nbsp;except with respect to equipment (A)&nbsp;that causes or has caused any environmental
pollution, contamination or degradation where Remediation is presently required (or if known or confirmed, would be presently required)
under Environmental Laws or (B)&nbsp;the use or condition of which is a violation of Environmental Law, the physical condition of any
surface or subsurface production equipment, including water or oil tanks, separators or other ancillary equipment, shall not form the
basis of an Environmental Condition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Environmental
Defect</I></B>&rdquo; shall mean, subject to <I>Section&nbsp;6.1(f)</I>, any Environmental Condition with respect to an Asset that is
not set forth in <U>Schedule 8.13</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Environmental
Defect Notice</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;6.1(a)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Environmental
Defect Property</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;6.1(a)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Environmental
Disputed Matter</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;6.1(f)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Environmental
Laws</I></B>&rdquo; shall mean all applicable Laws in effect as of or prior to the Execution Date relating to pollution, the protection
of human health and safety (to the extent related to exposure to Hazardous Substances), natural resources and the environment, including
those Laws relating to the generation, storage, handling, use, treatment, transportation, disposal or management of, or human exposure
to, Hazardous Substances. The term &ldquo;Environmental Laws&rdquo; does not include good or desirable operating practices or standards
that may be voluntarily employed or adopted by other oil and gas well operators or recommended, but not required, by a Governmental Authority.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>EPA</I></B>&rdquo;
means the U.S. Environmental Protection Agency.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>ERISA</I></B>&rdquo;
shall mean the Employee Retirement Income Security Act of 1974, as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Escrow Account</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;3.2</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Escrow Agent</I></B>&rdquo;
shall mean U.S. Bank National Association.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Escrow Agreement</I></B>&rdquo;
shall mean that certain Escrow Agreement dated as of the Execution Date, by and among Seller, Buyer and Escrow Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Exchange Act</I></B>&rdquo;
shall mean the Securities Exchange Act of 1934.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Exchanging Party</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;16.15</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Excluded Assets</I></B>&rdquo;
shall mean:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
of Seller&rsquo;s corporate minute books, financial, accounting and Income Tax records (other than Income Tax records of the Antero-QL
Tax Partnership, in the event that the Parties determine that Seller is treated as conveying to Buyer an interest in the Antero-QL Tax
Partnership for U.S. federal Income Tax purposes pursuant to this Agreement) and other business records that relate to Seller&rsquo;s
business generally (including the ownership and operation of the Assets);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>(i)&nbsp;except
to the extent related to any Assumed Obligation, all trade credits, and all other proceeds, income or revenues attributable to the Assets
with respect to any period of time prior to the Effective Time, and (ii)&nbsp;all accounts and receivables (subject to the allocation
set forth in <I>Section&nbsp;2.3</I>);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>except
to the extent related to any Assumed Obligation, all claims and causes of action, manufacturer&rsquo;s and contractor&rsquo;s warranties
and other rights of Seller arising under or with respect to any Applicable Contracts that are attributable to periods of time prior to
the Effective Time (including claims for adjustments or refunds);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>subject
to <I>Section&nbsp;5.3</I>, all rights and interests relating to the Assets (i)&nbsp;under any existing policy or agreement of insurance,
(ii)&nbsp;under any bond or (iii)&nbsp;to any insurance or condemnation proceeds or awards including to the extent arising, in each case,
from acts, omissions or events, or damage to or destruction of property;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(e)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
Hydrocarbons produced and sold from the Assets with respect to all periods prior to the Effective Time or for which Seller is, in whole
or in part, entitled to receive prior to the Cut-Off Date, except (i)&nbsp;Hydrocarbons for which the Purchase Price is adjusted under
<I>Section&nbsp;3.3(a)(i)</I>&nbsp;or (ii)&nbsp;Hydrocarbons expressly identified in <I>subsection (k)</I>&nbsp;of the definition of &ldquo;Assets;&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(f)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
claims for refunds of, credits attributable to, loss carry forwards with respect to, or similar Tax assets relating to (i)&nbsp;Tax refunds
payable to Seller pursuant to <I>Section&nbsp;16.3(f)</I>, subject to the limitations set forth in <I>Section&nbsp;16.3(f)</I>, (ii)&nbsp;Income
Taxes of Seller or its Affiliates or (iii)&nbsp;any Taxes attributable to the Excluded Assets;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(g)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
personal computers, network equipment (including SIM cards and SD WAN routers), and all radio and telephone equipment (including cellular
telephones), in each case, except for the radio and telephone equipment, SCADA and measurement technology and other production related
mobility devices, well communication devices and any other information technology systems expressly addressed in <I>subsection (o)</I>&nbsp;of
the definition of &ldquo;Assets&rdquo;;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(h)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
of Seller&rsquo;s proprietary tools, computer software, patents, trade secrets, copyrights, names, trademarks, logos and other intellectual
property and all derivative work product;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
documents and instruments of Seller that are protected by an attorney-client privilege or treated as work product of an attorney, other
than title opinions;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(j)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
data that cannot be disclosed to Buyer as a result of confidentiality arrangements under agreements with Third Parties, <I>provided</I>
that Seller has used commercially reasonable efforts to obtain waivers with of such confidentiality arrangements, which efforts shall
not require Seller to pay any fee, cost, expense or other obligation of any kind;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(k)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
audit rights arising under or in respect of any of the Applicable Contracts or otherwise with respect to (i)&nbsp;the Excluded Assets,
(ii)&nbsp;any period prior to the Effective Time or (iii)&nbsp;obligations that Seller will retain responsibility for after Closing (if
any), but excluding any such rights to the extent pertaining to any Imbalances or Assumed Obligations;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(l)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>[reserved];</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(m)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
geophysical and other seismic and related technical data and information relating to the Assets to the extent such data cannot be assigned
to Buyer due to confidentiality arrangements under agreements with Third Parties (subject to Seller&rsquo;s compliance with <I>Section&nbsp;5.4</I>
and without payment of a fee, cost, expense or other obligation of any kind, unless Buyer has agreed in writing to pay such fee, cost
or expense or assume such obligation);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(n)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>documents
prepared or received by Seller or its Affiliates or their representatives with respect to (i)&nbsp;lists of prospective purchasers for
the Assets, (ii)&nbsp;bids submitted by other prospective purchasers of the Assets, (iii)&nbsp;analyses by Seller or its Affiliates of
any bids submitted by any prospective purchaser, (iv)&nbsp;correspondence between or among Seller, its representatives, and/or any prospective
purchaser other than Buyer, and (v)&nbsp;correspondence between Seller and/or any of its respective representatives with respect to any
of the bids, the prospective purchasers or the transactions contemplated by this Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(o)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>concurrent
rights to use all Rights-of-Way and Applicable Contracts but only to the extent Seller or any of its Affiliates uses or holds for use
such Rights-of-Way or Applicable Contracts in connection with its use, ownership or operation of assets other than the Assets;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(p)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
core data;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(q)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
rights, benefits and releases of Seller or its Affiliates under or with respect to any Contract that are attributable to (i)&nbsp;the
Excluded Assets, (ii)&nbsp;any period prior to the Effective Time or (iii)&nbsp;obligations that Seller will retain responsibility for
after Closing (if any), but in each case excluding any such rights to the extent pertaining to any Imbalances or Assumed Obligations;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(r)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
assets that are excluded pursuant to the provisions of <I>Section&nbsp;4.1(b)</I>, <I>Section&nbsp;5.2(c)(iii)</I>, <I>Section&nbsp;5.4(b)</I>,
<I>Section&nbsp;5.4(c)</I>&nbsp;or <I>Section&nbsp;6.1(c)(ii)</I>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(s)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>master
service agreements, gas sales or marketing agreements, firm transportation agreements, drilling contracts or similar Contracts, to the
extent not set forth on <U>Exhibit&nbsp;O</U>;]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(t)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
vehicles, other than the Transferred Vehicles;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(u)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
Hedge Contracts whether related to the Assets or otherwise to which Seller or any of its Affiliates is a party;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(v)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
Debt Instruments of Seller;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(w)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
cash, cash equivalents and bank accounts of Seller and its Affiliates;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(x)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
assets or properties of any Person comprising a part of the AM Group, which shall remain the property of the AM Group unless sold or transferred
by such Person pursuant to a separate definitive agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(y)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>those
items referenced above in <I>subsection (r)</I>&nbsp;of the definition of &ldquo;Assets&rdquo; that are (i)&nbsp;subject to a valid legal
privilege or to disclosure restrictions; <I>provided</I> that Seller shall use commercially reasonable efforts to obtain waivers to any
disclosure restrictions without payment of a fee, cost, expense or other obligation of any kind, unless Buyer has agreed in writing to
pay such fee, cost or expense or assume such obligation, and (ii)&nbsp;not transferable without payment of additional consideration (and
Buyer has not agreed in writing to pay such additional consideration);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(z)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
e-mails and other electronic files on Seller&rsquo;s servers and networks relating to the items referenced above in <I>subsection (r)</I>&nbsp;of
the definition of &ldquo;Assets&rdquo; except to the extent that an item otherwise included in the Records is only available as an attachment
to such email or electronic correspondence;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(aa)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
Benefit Plans and trusts and other assets attributable thereto;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(bb)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
personnel files and other employee records; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(cc)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
assets set forth on <U>Schedule 1.1(cc)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Excluded Benefits</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;1.1(a)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Execution Date</I></B>&rdquo;
shall have the meaning set forth in the introductory paragraph of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>FERC</I></B>&rdquo;
shall mean the Federal Energy Regulatory Commission or any successor thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Final Price</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;3.5</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Final Settlement
Statement</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;3.5</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Flow-Through
Income Taxes</I></B>&rdquo; shall mean U.S. federal Income Taxes and any similar Income Taxes imposed by any state or local Law on the
direct or indirect owners of any entity on a flow-through basis by allocating or attributing to such owners all or certain of such entity&rsquo;s
items of income, gain, loss, deduction and other relevant Tax attributes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Fraud</I></B>&rdquo;
shall mean, with respect to Seller, an actual, knowing and intentional fraud with respect to the representations and warranties set forth
in <I>Article&nbsp;VIII</I> or the Seller Closing Certificate; <I>provided</I>, <I>however</I>, that such actual, knowing and intentional
fraud of Seller shall only be deemed to exist if Seller had (a)&nbsp;actual knowledge (as opposed to imputed or constructive knowledge)
of a misrepresentation or omission of a material fact regarding such representations and warranties (as qualified by the Schedules) and
(b)&nbsp;the express intention that Buyer would rely on such misrepresentation or omission to its detriment. Under no circumstances shall
 &ldquo;<I>Fraud</I>&rdquo; include any equitable fraud, negligent misrepresentation, promissory fraud or any other fraud or torts based
on recklessness, negligent misrepresentation or constructive knowledge.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Fundamental Representation</I></B>&rdquo;
shall mean the representations and warranties of Seller set forth in <I>Section&nbsp;8.1, Section&nbsp;8.2</I>, <I>Section&nbsp;8.3(a)</I>&nbsp;and
<I>Section&nbsp;8.5</I>, (including the corresponding representations and warranties given in the Seller Closing Certificate).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Funding Requirements</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;9.7</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>GAAP</I></B>&rdquo;
shall mean generally accepted accounting principles in the United States, consistently applied.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Good and Marketable
Title</I></B>&rdquo; shall mean record title or interest that is free and clear of any Encumbrance or defect in title, in each case other
than a Permitted Encumbrance, as is sufficient to enable Seller to own, operate and maintain all Surface Fee, Rights-of-Way, the Monroe
Gathering System, as applicable, in all material respects in the ordinary course of business and consistent with past business practices,
and in compliance with applicable Laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Governmental
Authority</I></B>&rdquo; shall mean any federal, state, local, municipal, tribal, court of competent jurisdiction, or other government;
any governmental, regulatory or administrative agency, commission, body or other authority exercising or entitled to exercise any administrative,
executive, judicial, legislative, regulatory or taxing authority or power, and any court or governmental tribunal, including any tribal
authority having or asserting jurisdiction and any arbitral body (whether public or private).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Hard Consent</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;5.4(c)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Hazardous Substances</I></B>&rdquo;
shall mean any pollutants, contaminants, toxins or toxic or hazardous or extremely hazardous substances, materials, wastes, constituents,
compounds or chemicals that are regulated by, or may form the basis of Liability under, any Environmental Laws, including asbestos, per-
and polyfluoroalkyl substances and NORM.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Hedge Contract</I></B>&rdquo;
shall mean hedge, derivative, swap, collar, put, call, cap, option, or other contract that is intended to benefit from, relate to, or
reduce or eliminate the risk of fluctuations in interest rates, basis risk, or the price of commodities, including Hydrocarbons or securities,
to which Seller is bound.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>HSR Act</I></B>&rdquo;
shall mean the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, and the rules&nbsp;and regulations thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Hydrocarbons</I></B>&rdquo;
shall mean oil and gas and other hydrocarbons (including condensate) produced or processed in association therewith (whether or not such
item is in liquid or gaseous form), or any combination thereof, and any minerals produced in association therewith of any type and chemical
composition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Imbalances</I></B>&rdquo;
shall mean all Well Imbalances and Pipeline Imbalances.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Income Taxes</I></B>&rdquo;
shall mean any income, capital gains, franchise, or similar Taxes (including, for the sake of clarity, the Ohio Commercial Activity Tax).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Indemnified Party</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;14.6(a)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Indemnifying
Party</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;14.6(a)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Individual Environmental
Defect Threshold</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;6.1(e)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Individual Title
Defect Threshold</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;5.2(g)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Infinity Assets</I></B>&rdquo;
means (a)&nbsp;an undivided fifty-one (51%) of all right, title and interest in and to the Specified Assets, and (b)&nbsp;all right, title
and interest in and to the Infinity Only Assets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Infinity Assumed
Obligations</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;14.1</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Infinity Only
Assets</I></B>&rdquo; means (a)&nbsp;all Applicable Contracts included in the Assets other than the Applicable Contracts set forth on
<U>Exhibit&nbsp;Q</U>, (b)&nbsp;the Permits described in <I>clause (l)</I>&nbsp;of the definition of Assets, and (c)&nbsp;the materials
and inventory described on <U>Exhibit&nbsp;R</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Instruments of
Conveyance</I></B>&rdquo; shall mean the Assignment and the Deed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Interest Reduction</I></B>&rdquo;
shall have the meaning set forth in <I>subsection (a)</I>&nbsp;of the definition of &ldquo;Permitted Encumbrances&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Knowledge</I></B>&rdquo;
shall mean (a)&nbsp;with respect to Seller, the actual knowledge, without investigation, of the Persons set forth on <U>Schedule 1.1A</U>,
(b)&nbsp;with respect to Infinity, the actual knowledge, without investigation, of the Persons set forth on <U>Schedule 1.1B</U>, and
with respect to NOG, the actual knowledge, without investigation, of the Persons set forth on <U>Schedule 1.1C</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Labor Agreement</I></B>&rdquo;
shall mean any collective bargaining agreement or other Contract with a union, works council, labor organization, or other employee representative.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Lands</I></B>&rdquo;
shall have the meaning set forth in <I>subsection (a)</I>&nbsp;of the definition of &ldquo;Assets&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Law</I></B>&rdquo;
shall mean any statute, law (including common law), rule, regulation, ordinance, order, code, ruling, writ, judgement, award, injunction,
decree or other official act of or by any Governmental Authority.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Leased Real Property</I></B>&rdquo;
shall mean Seller&rsquo;s right, title and interest in and to the leasehold or subleasehold estates and other similar rights to use or
occupy any land, buildings, structures, improvements, fixtures or other interest in real property held by Seller in the Sale Area, in
each case, other than any Lease, Well, Unit, Permit and Right-of-Way.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Leases</I></B>&rdquo;
shall have the meaning set forth in <I>subsection (a)</I>&nbsp;of the definition of &ldquo;Assets&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Liabilities</I></B>&rdquo;
shall mean any and all claims, causes of action, payments, charges, judgments, assessments, liabilities, losses, damages, penalties, fines,
Taxes and costs and expenses, including any reasonable attorneys&rsquo; fees, legal or other expenses incurred in connection therewith
and including liabilities, costs, losses and damages for personal injury or death or property damage or environmental damage or remediation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Lien Releases</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;12.4(o)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Like-Kind Exchange</I></B>&rdquo;
shall mean a simultaneous or deferred (forward or reverse) exchange allowed pursuant to Section&nbsp;1031 of the Code and the Treasury
Regulations promulgated thereunder or any applicable state or local tax Laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Material Adverse
Effect</I></B>&rdquo; shall mean, with respect to Seller, any event, result, occurrence, condition or circumstance that, individually
or in the aggregate (whether foreseeable or not and whether covered by insurance or not), results in a material adverse effect on the
ownership, use, operation or financial condition of the Assets, taken as a whole as currently operated as of the Execution Date, or has
materially impaired, or would be reasonably likely to materially impair, Seller&rsquo;s ability to consummate the transactions contemplated
by this Agreement; <I>provided</I>, <I>however</I>, that a Material Adverse Effect shall not include any material adverse effects resulting
from: (a)&nbsp;entering into this Agreement or the announcement of the transactions contemplated by this Agreement; (b)&nbsp;changes in
general market, economic, financial or political conditions (including changes in commodity prices (including Hydrocarbons), fuel supply
or transportation markets, interest or rates) in the area in which the Assets are located, the United States or worldwide; (c)&nbsp;conditions
(or changes in such conditions) generally affecting the oil and gas and/or gathering, processing or transportation industry whether as
a whole or specifically in any area or areas where the Assets are located; (d)&nbsp;acts of God, including storms or meteorological events;
(e)&nbsp;orders, actions or failures to act of Governmental Authorities (except to the extent directly resulting from any action taken,
or failure to take any action required to be taken, by Seller or its Affiliates); (f)&nbsp;civil unrest or similar disorder, the outbreak
of hostilities, terrorist acts or war; (g)&nbsp;any actions taken or omitted to be taken (i)&nbsp;by or at the written request or with
the prior written consent of Buyer or (ii)&nbsp;as expressly permitted or prescribed hereunder; (h)&nbsp;matters that are cured or no
longer exist by the earlier of Closing and the termination of this Agreement at Seller&rsquo;s sole cost, risk and expense; (i)&nbsp;any
Casualty Loss; (j)&nbsp;a change in Laws from and after the Execution Date; (k)&nbsp;a change in GAAP interpretation from and after the
Execution Date; (l)&nbsp;reclassification or recalculation of Hydrocarbon reserves in the ordinary course of business; or (m)&nbsp;natural
declines in well performance; <I>provided</I>, <I>further</I>, that the exceptions referred to in <I>clauses (f ) </I>and <I>(j)&nbsp;</I>shall
only apply to the extent such events do not disproportionately affect Seller or the Assets as compared to other similarly situated participants
in the oil and gas industry related to assets and operations in the same geographic region where the Assets are located.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Material Contract</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;8.8(a)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Mineral Interests</I></B>&rdquo;
shall have the meaning set forth in <I>subsection (f)&nbsp;</I>of the definition of &ldquo;Assets&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Monroe Gathering
Systems</I></B>&rdquo; shall have the meaning set forth in <I>subsection (h)</I>&nbsp;of the definition of &ldquo;Assets&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;</FONT><B><I>Monroe
Gathering Systems Leased Real Property</I></B>&rdquo; shall mean Seller&rsquo;s right, title and interest in and to the leasehold or subleasehold
estates and other similar rights to use or occupy any land, buildings, structures, improvements, fixtures or other interest in real property
held by Seller which is underlying and required to access, own and operate the Monroe Gathering Systems, in each case, other than any
Permit and Right-of-Way.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Monroe Gathering
Systems Leases</I></B>&rdquo; shall mean all leases, subleases, licenses, concessions, and other agreements (written or oral) pursuant
to which Seller holds any Monroe Gathering Systems Leased Real Property, including the right to all security deposits and other amounts
and instruments deposited by or on behalf of Seller under the applicable leases, but excluding the Monroe Gathering Systems Owned Real
Property and Rights-of-Way.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Monroe Gathering
Systems Owned Real Property</I></B>&rdquo; shall mean all land owned in fee by Seller which is underlying and required to access, own
and operate the Monroe Gathering Systems, together with all buildings, structures, improvements, and fixtures located on such land, and
other rights and interests appurtenant to the land owned in fee, but excluding Hydrocarbon interests and any Rights-of-Way.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Monroe Pipeline</I></B>&rdquo;
shall have the meaning set forth in the introductory paragraph of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Net Acre</I></B>&rdquo;
shall mean, as computed separately with respect to each Lease, (a)&nbsp;the number of gross acres in the lands covered by such Lease,
<I>multiplied by</I> (b)&nbsp;the undivided percentage interest in Hydrocarbons covered by such Lease in such lands, <I>multiplied by</I>
(c)&nbsp;Seller&rsquo;s aggregate Working Interest or undivided interest in such Lease.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Net Acre Allocation</I></B>&rdquo;
shall mean, with respect to each Lease, an amount equal to (a)&nbsp;the Allocated Value of such Lease as set forth on <U>Exhibit&nbsp;G</U>,
<I>divided by</I> (b)&nbsp;the Net Acres in such Lease as set forth on <U>Exhibit&nbsp;G</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Net Revenue Interest</I></B>&rdquo;
shall mean, with respect to any Lease, Well or Well Pad Location, the interest in and to all Hydrocarbons produced, saved and sold from
or allocated to such Lease, Well or Well Pad Location, as applicable, after giving effect to all royalties, overriding royalties, production
payments, carried interests, net profits interests, reversionary interests and other burdens held by Third Parties upon, measured by or
payable out of production therefrom. With respect to a Lease, the Net Revenue Interest shall be calculated on an 8/8ths basis.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>NGP Entity</I></B>&rdquo;
shall mean NGP Energy Capital Management, LLC and, with the exception of Infinity Natural Resources LLC and its subsidiaries, any portfolio
company managed by NGP Energy Capital Management, L.L.C.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>NOG Assets</I></B>&rdquo;
means an undivided forty-nine percent (49%) of all right, title and interest in and to the Specified Assets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>NOG Assumed Obligations</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;14.1</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>NOG JDA</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;7.15</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Non-Recourse
Person</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;16.9.</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>NORM</I></B>&rdquo;
shall mean naturally occurring radioactive material, including technologically-enhanced naturally occurring radioactive materials.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Other Sources</I></B>&rdquo;
shall mean cash on hand at Buyer and any other financing source immediately available to Buyer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Outside Date</I></B>&rdquo;
shall mean 11:59 pm on March&nbsp;12, 2026; <I>provided, however</I>, that if on the Outside Date, any of the conditions set forth in
<I>Section&nbsp;10.3</I>, <I>Section&nbsp;10.7</I>, <I>Section&nbsp;11.3 </I>or <I>Section&nbsp;11.7 </I>(in each case solely relating
to the HSR Act or any competition, antitrust or similar Law) have not been satisfied or waived, but all other conditions to Closing set
forth in <I>Article&nbsp;X</I> and <I>Article&nbsp;XI</I> have been satisfied or waived at such time (other than those conditions that
by their nature are to be satisfied at the Closing) and such condition set forth in <I>Section&nbsp;10.3</I>, <I>Section&nbsp;10.7</I>,
<I>Section&nbsp;11.3 </I>or <I>Section&nbsp;11.7</I>, as applicable, is reasonably capable of being satisfied if the Outside Date is extended
as provided herein, then the Outside Date shall be automatically extended to June&nbsp;12, 2026, provided, further, that if on such date,
any of the conditions set forth in <I>Section&nbsp;10.3</I>, <I>Section&nbsp;10.7</I>, <I>Section&nbsp;11.3 </I>or <I>Section&nbsp;11.7
</I>(in each case solely relating to the HSR Act or any competition, antitrust or similar Law) have not been satisfied or waived, but
all other conditions to Closing set forth in <I>Article&nbsp;X</I> and <I>Article&nbsp;XI</I> have been satisfied or waived at such time
(other than those conditions that by their nature are to be satisfied at the Closing) and such condition set forth in <I>Section&nbsp;10.3</I>,
<I>Section&nbsp;10.7</I>, <I>Section&nbsp;11.3 </I>or <I>Section&nbsp;11.7</I>, as applicable, is reasonably capable of being satisfied
if the Outside Date is further extended as provided herein, then the Outside Date shall be automatically be further extended to September&nbsp;12,
2026. In the case of any such extension, any reference to the Outside Date in any other provision of this Agreement shall be a reference
to the Outside Date, as extended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Party</I></B>&rdquo;
and &ldquo;<B><I>Parties</I></B>&rdquo; shall have the meaning set forth in the introductory paragraph of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Pearl Entity</I></B>&rdquo;
shall mean Pearl Energy Investment Management, LLC and, with the exception of Infinity Natural Resources LLC and its subsidiaries, any
portfolio company managed by Pearl Energy Investment Management, LLC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Permit</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;8.25</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Permitted Encumbrances</I></B>&rdquo;
shall mean:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
terms and conditions of all Leases (and any other unitization or pooling orders or pooling agreements or joint operating agreements (or
elections delivered thereunder) creating or evidencing an interest in any other Asset or any real property related to or used or held
in use in connection with the operation of any Asset) and all Royalties if the net cumulative effect of such Leases and/or burdens (i)&nbsp;does
not operate to reduce the Net Revenue Interest of Seller with respect to the Target Formation in any Lease, Well or Well Pad Location
to an amount less than the Net Revenue Interest for such Lease, Well or Well Pad Location as set forth in <U>Exhibit&nbsp;G</U>, as applicable,
(ii)&nbsp;does not operate to reduce the Net Acres of Seller with respect to the Target Formation in any Lease to an amount less than
the Net Acres for such Lease as set forth in <U>Exhibit&nbsp;G</U>, and (iii)&nbsp;does not obligate Seller to bear a Working Interest
with respect to the Target Formation in any Well or Well Pad Location in any amount greater than the Working Interest for such Well or
Well Pad Location as set forth in <U>Exhibit&nbsp;G</U> (unless the Net Revenue Interest for such Well or Well Pad Location is greater
than the Net Revenue Interest for such Well as set forth in <U>Exhibit&nbsp;G</U> in the same proportion as any increase in such Working
Interest) (<I>subsections (i)</I>, <I>(ii)</I>&nbsp;and (<I>iii)</I>, collectively referred to herein as an &ldquo;<B><I>Interest Reduction</I></B>&rdquo;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
terms and conditions of the Rights-of-Way included in the Assets;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>preferential
rights to purchase, rights of first refusal, tag-along rights, drag-along rights, consents to assignment and other similar restrictions;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>liens
for Taxes not yet due or delinquent or, if delinquent, that are being contested in good faith by appropriate proceedings and, if so contested,
that are disclosed on <U>Schedule&nbsp;8.14</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>liens
or Encumbrances in the form of a judgment secured by a supersedeas bond or other security approved by the court issuing the order that
are disclosed on <U>Schedule 7.2</U> or <U>Schedule 8.7</U>, as applicable;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Customary
Post-Closing Consents and any required notices to, or filings with, Governmental Authorities in connection with the consummation of the
transactions contemplated by this Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(g)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>excepting
circumstances where such rights have already been triggered prior to the Closing Date, conventional rights of reassignment upon final
intention to abandon or release any of the Assets;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(h)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>such
Title Defects as Buyer has waived or has been expressly deemed to have waived pursuant to the terms of this Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
applicable Permits and Laws and all rights reserved to or vested in any Governmental Authority: (i)&nbsp;to control or regulate any Asset
in any manner; (ii)&nbsp;by the terms of any right, power, franchise, grant, license or permit, or by any provision of Law, to terminate
such right, power, franchise, grant, license or permit or to purchase, condemn, expropriate or recapture or to designate a purchaser of
any of the Assets; (iii)&nbsp;to use such property in a manner which would not reasonably be expected to materially impair the use of
such property for the purposes for which it is currently owned and operated; or (iv)&nbsp;to enforce any obligations or duties affecting
the Assets to any Governmental Authority with respect to any franchise, grant, license or permit;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(j)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>rights
of a common owner of any interest in Rights-of-Way or Permits held by Seller and such common owner as tenants in common or through common
ownership, in each case, to the extent that the same does not (i)&nbsp;materially impair the ownership, operation or use of the Assets
as currently owned, operated and used or (ii)&nbsp;result in an Interest Reduction;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(k)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>easements,
conditions, covenants, restrictions, servitudes, permits, rights-of-way, surface leases and other rights in the Assets for the purpose
of operations, facilities, pipelines, transmission lines, transportation lines, distribution lines and other like purposes, or for the
joint or common use of rights-of-way, facilities and equipment, to the extent, individually or in the aggregate, such rights would not
reasonably be expected to materially impair the ownership, operation or use of any of the Assets as currently owned, operated and used
or (ii)&nbsp;do not cause or result in an Interest Reduction;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(l)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>vendors,
carriers, warehousemen&rsquo;s, repairmen&rsquo;s, mechanics&rsquo;, workmen&rsquo;s, materialmen&rsquo;s, construction or other like
liens arising by operation of Law in the ordinary course of business or incident to the construction or improvement of any property in
respect of obligations which are not yet due or delinquent or, if delinquent, which are being contested in good faith by appropriate procedures
by or on behalf of Seller and are set forth on <U>Schedule PE</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(m)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
calls on production under existing Material Contracts;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(n)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
limitations (including drilling and operating limitations) imposed on the Assets by reason of the rights of subsurface owners or operators
in a common property (including the rights of coal, utility and timber owners) in each case, to the extent such limitation does not: (i)&nbsp;materially
interfere with the operation or use of any of the Assets (as currently operated and used); or (ii)&nbsp;cause an Interest Reduction;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(o)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>liens
created pursuant to the express terms of the Leases or Rights-of-Way included in the Assets and/or operating agreements or production
sales contracts or by operation of Law in respect of obligations that are not yet due or delinquent or, if delinquent, which are being
contested in good faith by appropriate procedures by or on behalf of Seller;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(p)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
Encumbrance affecting the Assets that is discharged by Seller at or prior to Closing at Seller&rsquo;s sole cost and expense;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(q)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
matters referenced in <U>Exhibit&nbsp;G</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(r)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
obligations or duties affecting the Assets to any municipality or public authority, including any zoning and planning ordinances and municipal
regulations to the extent the same do not (i)&nbsp;materially interfere with the operation or use of any of the Assets (as currented operated
and used); or (ii)&nbsp;cause or result in an Interest Reduction;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(s)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
terms and conditions of the Material Contracts to the extent that they do not, individually or in the aggregate, (i)&nbsp;cause or result
in an Interest Reduction or (ii)&nbsp;impair in any material respect the current ownership and/or operation of any of the Assets as currently
owned and operated;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(t)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
terms and conditions of this Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(u)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>defects
arising from or relating to the outcome of any litigation, suits and proceedings set forth in <U>Schedule&nbsp;8.7</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
Imbalances; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(w)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
unaltered maintenance of uniform interest provision in an AAPL form 610 operating agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Person</I></B>&rdquo;
shall mean any individual, firm, corporation, partnership, limited liability company, joint venture, association, trust, unincorporated
organization, Governmental Authority or any other entity, and including any successor, by merger or otherwise, of any of the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Personal Property</I></B>&rdquo;
shall have the meaning set forth in <I>subsection (i)&nbsp;</I>of the definition of &ldquo;Assets&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Phase I Environmental
Site Assessment</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;4.1(b)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Pipeline Imbalance</I></B>&rdquo;
shall mean any marketing imbalance between the quantity of Hydrocarbons attributable to the Assets required to be delivered by Seller
under any Contract or Law relating to the purchase and sale, gathering, transportation, storage, processing or marketing of such Hydrocarbons
and the quantity of Hydrocarbons attributable to the Assets actually delivered by Seller pursuant to the relevant Contract or at Law,
together with any appurtenant rights and obligations concerning production balancing at the delivery point into the relevant sale, gathering,
transportation, storage or processing facility.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Pre-Closing Tax
Return</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;16.3(c)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Preferential
Right</I></B>&rdquo; shall mean each preferential purchase right, right of first refusal or similar right pertaining to any Asset or any
interest therein or portion thereof, in each case, as a result of or in connection with the execution or delivery of this Agreement and
the consummation of the transactions contemplated hereby.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Preliminary Settlement
Statement</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;3.4</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Proceeding</I></B>&rdquo;
shall mean any proceeding, action, arbitration, audit, hearing, investigation, litigation or suit (whether civil, criminal, administrative,
or investigative) commenced, brought, conducted or heard by or before, or otherwise involving, any Governmental Authority or arbitrator.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Property</I></B>&rdquo; shall have
the meaning set forth in <I>subsection (c)&nbsp;</I>of the definition of &ldquo;Assets&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Property Expenses</I></B>&rdquo;
shall mean all operating expenses (including all insurance premiums, lease acquisition costs or any other costs of insurance attributable
to Seller&rsquo;s and/or its Affiliates&rsquo; insurance and to coverage periods from and after the Effective Time) and capital expenditures,
incurred in the ownership and operation of the Assets, and overhead costs charged by Third Party operators of the Assets pursuant to a
Third Party operating agreement or unit agreement, if any, including costs of title examination, costs of surface preparation for drilling
and costs of drilling wells, but excluding Liabilities attributable to (a)&nbsp;Asset Taxes,&nbsp;Income Taxes and Transfer Taxes, (b)&nbsp;personal
injury or death, property damage or violation of any Law, torts or breach of contract, (c)&nbsp;obligations to plug wells and dismantle
or decommission facilities, closing pits and restoring the surface around such Wells, facilities and pits, (d)&nbsp;the Remediation of
any Environmental Condition under applicable Environmental Laws, (e)&nbsp;obligations with respect to Imbalances, (f)&nbsp;costs to cure
any Title Defects, Environmental Defects or the breach of any representation, warranty or covenant contained herein, (g)&nbsp;any Casualty
Losses, (h)&nbsp;obligations to pay Working Interests, Royalties or other interest owners revenues or proceeds attributable to sales of
Hydrocarbons relating to the Assets, including those held in suspense, (i)&nbsp;costs of obtaining Preferential Rights or Consents; (j)&nbsp;obligations
with respect to any Excluded Assets, (k)&nbsp;any of Seller&rsquo;s or its Affiliates&rsquo; general and administrative costs, payroll
costs or other overhead amounts (whether or not such costs are charged or chargeable to the joint account), it being understood that all
such costs are intended to be covered by the adjustment set forth in <I>Section&nbsp;3.3(a)(viii)</I>, (l)&nbsp;any costs or expenses
attributable to Debt Instruments or Hedge Contracts, and (m)&nbsp;claims for indemnification or reimbursement from any Third Party with
respect to the costs of the types described in the preceding <I>clauses (a)&nbsp;</I>through <I>(l)</I>, whether such claims are made
pursuant to contract or otherwise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Purchase Price</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;3.1</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>R&amp;W Conditional
Binder</I></B>&rdquo; shall mean the conditional binder attached hereto as <U>Exhibit&nbsp;K</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>R&amp;W Insurance
Policy</I></B>&rdquo; shall mean an insurance policy to be issued by the R&amp;W Insurer and to be bound for the benefit of Buyer in accordance
with the R&amp;W Conditional Binder. The term &ldquo;R&amp;W Insurance Policy&rdquo; shall also include any excess representations and
warranties insurance policies providing coverage in excess of the policy attached to the R&amp;W Conditional Binder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>R&amp;W Insurer</I></B>&rdquo;
shall mean QBE Specialty Insurance Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Records</I></B>&rdquo;
shall have the meaning set forth in <I>subsection (r)&nbsp;</I>of the definition of &ldquo;Assets&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Records Period</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;7.12</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Remediation</I></B>&rdquo;
shall mean, with respect to an Environmental Defect, the response required or allowed under Environmental Laws that addresses and resolves
the identified Environmental Defect in its entirety at the lowest cost (considered as a whole and taking into account permanent or non-permanent
remedies or actions) as compared to any other response that is required or allowed under Environmental Laws, assuming the continued use
of the Assets in the same manner as being currently used. Remediation may consist of or include taking no action, leaving the condition
unaddressed, periodic monitoring, the use of institutional controls or the recording of notices in lieu of remediation, in each case,
if such response is allowed under Environmental Laws and addresses and resolves (for use in the same manner as being currently used) the
identified Environmental Defect in its entirety.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Remediation Amount</I></B>&rdquo;
shall mean, with respect to an Environmental Defect, the cost of the Remediation of such Environmental Defect; <I>provided</I>, <I>however</I>,
that Remediation Amount shall not include (a)&nbsp;the costs of Buyer&rsquo;s and/or its Affiliate&rsquo;s employees, attorneys or consultants,
or, if Seller is conducting the Remediation, Buyer&rsquo;s project manager(s)&nbsp;or attorneys, (b)&nbsp;expenses for matters that are
ordinary costs of doing business regardless of the presence of an Environmental Condition (e.g., those costs that would ordinarily be
incurred in the day-to-day operations of the Assets or in connection with ordinary course Permit renewal/amendment activities not required
for any Remediation), (c)&nbsp;overhead costs of Buyer and/or its Affiliates, (d)&nbsp;costs and expenses that would not have been required
under Environmental Laws as they exist on the Defect Notice Date or that fail to reasonably take advantage of applicable risk reduction
or risk assessment principles authorized under, applicable Environmental Law, or (e)&nbsp;any costs or expenses relating to the assessment,
remediation, removal, abatement, transportation and disposal of any asbestos, asbestos-containing materials or NORM unless required to
address a violation of Environmental Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Required Information</I></B>&rdquo;
means (a)&nbsp;all information and data regarding Seller of the type and in the form required by and compliant in all material respects
with Regulation S-X and Regulation S-K under the Securities Act for offerings of securities on a registration statement on Form&nbsp;S-1
under the Securities Act and of the type and in the form customarily included in offering or syndication documents used to syndicate credit
facilities or securities of the type to be included in a Debt Financing, including (i)&nbsp;audited financial statements in respect of
the Assets for the years ended December&nbsp;31, 2024 and 2023 or, if permitted by Regulation S-X Rule&nbsp;3-05(f)(2), only audited statements
of revenues and expenses for the years ended December&nbsp;31, 2024 and 2023, and (ii)&nbsp;unaudited interim financial statements in
respect of the Assets for the nine month period ended September&nbsp;30, 2025, or, if permitted by Regulation S-X Rule&nbsp;3-05(f)(2),
only unaudited statements of revenues and expenses for the nine month period ended September&nbsp;30, 2025, (b)&nbsp;a reserve report
relating to the Assets as of December&nbsp;31, 2024 prepared or audited by an independent petroleum engineering firm, and (c)&nbsp;all
other financial, operating and oil and gas reserve data and other information relating to the Assets and Seller for periods or as of dates
prior to the Closing (i)&nbsp;of the type and form reasonably and customarily included with respect to acquirees in the same business
as Seller in the documents necessary to execute a Debt Financing or any other offering of securities or that would be reasonably necessary
for any Debt Financing Sources, underwriters or initial purchasers to receive customary &ldquo;comfort&rdquo; (including &ldquo;negative
assurance&rdquo; comfort) from independent accountants and independent reserve engineers and customary legal opinions in connection therewith
or (ii)&nbsp;that is necessary for Buyer to prepare and file historical and pro forma financial statements required by the SEC (including,
for the avoidance of doubt, those required to be included in the Current Report on Form&nbsp;8-K to be filed in connection with the Closing
and those required to be included in any registration statement or proxy statement).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Retained Consent
Decree Obligations</I></B>&rdquo; means all Liabilities arising from, based upon, related to, or associated with (a)&nbsp;all fines and
penalties assessed or imposed to resolve the violations alleged in the Consent Decree; (b)&nbsp;any capital expenditures required to bring
the Assets (based on the condition of the Assets as of the Closing Date) into compliance with the obligations or requirements of the Consent
Decree (but excluding any costs arising from the integration of the Assets with Buyer&rsquo;s existing assets); (c)&nbsp;any costs and
Liabilities related to the Environmental Mitigation Project (as defined in the Consent Decree); and (d)&nbsp;any costs and Liabilities
to the extent unrelated to the Ohio Facilities (as defined in the Consent Decree).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Rights-of-Way</I></B>&rdquo;
shall mean all validly and legally created or existing permits, licenses, servitudes, easements, water withdrawal rights, surface leases,
surface use agreements and rights-of-way (including any land grants from Governmental Authorities) to the extent used or held for use
in connection with the ownership or operation of the Assets, including with respect to the Monroe Gathering System, together with the
rights, tenements, appurtenant rights and privileges relating thereto, in each case, other than Permits.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Royalties</I></B>&rdquo;
shall mean royalties, lessor&rsquo;s royalties, overriding royalties, production payments, net profits interests, non-participating royalty
interests and other similar burdens upon, measured by or payable out of production.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>&ldquo;<B>Sale
Area</B></I></FONT>&rdquo; shall mean all of the lands located within the following counties in Ohio: Belmont, Guernsey, Monroe, Noble
and Washington; <I>provided</I> that if any Asset straddles the applicable county boundary, the entire Asset shall be deemed to be included
in the Sale Area.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Scheduled Closing
Date</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;12.1</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>SEC</I></B>&rdquo;
shall mean the United States Securities and Exchange Commission.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Securities Act</I></B>&rdquo;
shall mean the Securities Act of 1933, as amended, and any successor statute thereto, and the rules&nbsp;and regulations of the Securities
and Exchange Commission promulgated thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Seller</I></B>&rdquo;
shall have the meaning set forth in the introductory paragraph of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Seller Closing
Certificate</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;10.5</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Seller Indemnified
Parties</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;14.2</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Settlement Price</I></B>&rdquo;
means (a)&nbsp;in the case of gaseous Hydrocarbons, $3.00/MMBtu, (b)&nbsp;in the case of crude oil, $57.00/Barrel and (c)&nbsp;in the
case of condensate, scrubber liquids inventories and ethane, propane, iso-butane, nor-butane and gasoline Hydrocarbons, $20.00/Barrel,
as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>SMOG Information</I></B>&rdquo;
means all financial information (including any supplementary oil and gas information required by ASC 932-235), including estimates of
quantities of proved reserves as of, and a reconciliation of proved oil and gas reserves for, the fiscal year ended December&nbsp;31,
2024, and, if Closing has not occurred prior to January&nbsp;1, 2026, for the fiscal year ended December&nbsp;31, 2025, and the standardized
measure of discounted future net cash flows as of, and a reconciliation of the standardized measure of future discounted cash flows for,
the fiscal year ended December&nbsp;31, 2024 and, if Closing has not occurred prior to January&nbsp;1, 2026, for the fiscal year ended
December&nbsp;31, 2025.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Specified Assets</I></B>&rdquo;
means all right, title and interest in and to the Assets other than the Infinity Only Assets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Straddle Period</I></B>&rdquo;
shall mean any Tax period beginning before and ending after the Effective Time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Surface Fee</I></B>&rdquo;
shall have the meaning set forth in <I>subsection (g)</I>&nbsp;of the definition of &ldquo;Assets&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Suspense Funds</I></B>&rdquo;
means amounts held in suspense (whether positive or negative, and including amounts actually held in suspense for (a)&nbsp;unleased interests
and (b)&nbsp;penalties and interest and all minimum suspense accounts designated by Seller) that are attributable to the Assets or any
interests pooled or unitized therewith, including (i)&nbsp;any amounts which Seller or any of its Affiliates is holding which are owing
to third party owners of Royalties, working or other interests in respect of past production of oil, gas or other Hydrocarbons attributable
to the Assets, (ii)&nbsp;any outstanding amounts being deducted by Seller or any of its Affiliates as operator of any of the Assets as
a result of prior overpayments to third party owners of Royalties, working or other interests in respect of past production of oil, gas
or other Hydrocarbons and (iii)&nbsp;any interest on such suspended funds to the extent actually received by Seller.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Target Formation</I></B>&rdquo;
shall mean (a)&nbsp;as to any Well, the currently producing formation(s), and (b)&nbsp;as to any Lease or Well Pad Location, the Covered
Depths.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Tax</I></B>&rdquo;
or &ldquo;<B><I>Taxes</I></B>&rdquo; shall mean (a)&nbsp;all taxes, assessments, duties, levies, imposts or other similar charges in the
nature of a tax imposed by a Governmental Authority, including all income, franchise, profits, capital gains, capital stock, transfer,
gross receipts, sales, use, transfer, service, occupation, ad valorem, property, excise, severance, windfall profit, premium, stamp, license,
payroll, employment, social security, unemployment, disability, environmental, alternative minimum, add-on, value-added and withholding
taxes, (b)&nbsp;any penalties, interest or additions to tax imposed by a Taxing Authority in connection with any item described in <I>clause
(a)&nbsp;</I>above and (c)&nbsp;any liability in respect of any of the foregoing that arises as a result of any obligation to indemnify
any other Person, by operation of Law, as transferee or successor, by contract or otherwise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Tax Contest</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;16.3(g)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Tax Returns</I></B>&rdquo;
shall mean any report, return, declaration, statement, schedule, notice, form, election, estimated Tax filing, claim for refund, information
return or other filing (including any related or supporting estimates, elections, schedules, statements or attachments thereto) provided
or required to be provided to any Taxing Authority, including any amendments thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Taxing Authority</I></B>&rdquo;
shall mean, with respect to any Tax, the Governmental Authority that imposes or administers such Tax, and the Governmental Authority (if
any) charged with the collection of such Tax, including any Governmental Authority that imposes, or is charged with collecting, social
security or similar charges or premiums.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Third Party</I></B>&rdquo;
shall mean any Person other than a Party to this Agreement or an Affiliate of a Party to this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Title Arbitrators</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;5.2(h).</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Title Benefit</I></B>&rdquo;
shall mean with respect to the Target Formation for any Lease, Well or Well Pad Location, any right, circumstance or condition existing
as of the Effective Time or immediately prior to Closing that operates to (a)&nbsp;increase the Net Revenue Interest of Seller with respect
to the Target Formation in any Lease, Well or Well Pad Location above that shown for such Lease, Well or Well Pad Location in <U>Exhibit&nbsp;G</U>
to the extent the same does not, with respect to Seller&rsquo;s interest in any Lease, Well or Well Pad Location, cause a greater than
proportionate increase in Seller&rsquo;s Working Interest with respect to the Target Formation in such Lease, Well or Well Pad Location
above that shown in <U>Exhibit&nbsp;G</U>, or (b)&nbsp;increase the Net Acres of Seller with respect to the Target Formation in any Lease
above the Net Acres for such Lease as shown in <U>Exhibit&nbsp;G</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Title Benefit
Amount</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;5.2(d)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Title Benefit
Notice</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;5.2(b).</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Title Benefit
Property</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;5.2(b)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Title Defect</I></B>&rdquo;
shall mean any Encumbrance, defect or other matter that causes Seller not to have Defensible Title; provided that the following shall
not be considered Title Defects:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>defects
arising out of lack of corporate or other entity authorization unless Buyer provides affirmative evidence that such corporate or other
entity action was not authorized and has resulted in, another Person&rsquo;s superior claim of title to the relevant Asset;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>defects
based on a gap in Seller&rsquo;s chain of title in the applicable county records, unless evidence shows such gap exists in such records
by an abstract of title, title opinion or landman&rsquo;s title chain or run sheet which documents shall be included in a Title Defect
Notice and is reasonably likely to result in, or has resulted in, another Person&rsquo;s superior claim of title to the relevant Asset;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>defects
based upon the failure to record any state Leases or Rights-of-Way included in the Assets or any assignments of interests in such Leases
or Rights-of-Way included in the Assets in any applicable county records, unless such failure has resulted in another Person&rsquo;s superior
claim of title to the relevant Asset;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>defects
arising from any prior oil and gas lease relating to the lands covered by the Leases or Units not being surrendered, cancelled, or terminated
of record, unless Buyer provides affirmative evidence that such prior oil and gas lease is still in effect and is reasonably likely to
result in, or has resulted in another Person&rsquo;s actual and superior claim of title to the relevant Lease or Well;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>defects
that affect only which non-Seller Person has the right to receive Royalty payments (rather than the amount of the proper payment of such
Royalty payment) and that do not affect the validity of the underlying Lease or result in an Interest Reduction;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>defects
based solely on: (i)&nbsp;lack of information in Seller&rsquo;s files, or (ii)&nbsp;references to an unrecorded document to which neither
Seller nor any Affiliate of Seller is a party and which document is dated earlier than January&nbsp;1, 1980;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(g)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
Encumbrance or loss of title resulting from Seller&rsquo;s conduct of business to the extent required by this Agreement or requested in
writing by Buyer;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(h)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
failure to have, or to have obtained, formed or created any Permits, Rights-of-Way, renewals or extensions of any of the Leases, unit
designations, production and drilling units, or production sharing arrangements (in each case), so long as the same are not required under
applicable Law, lease, contract or otherwise in connection with the ownership or operation of the Assets as currently owned and operated;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>defects
as a consequence of cessation of production, insufficient production or failure to conduct operations during any period after the completion
of a well capable of production in paying quantities on any of the Leases held by production, or lands pooled or unitized therewith, except
to the extent the cessation of production has given rise to a right of the lessor or other Third Party to terminate (or partially or automatically
terminate) the affected Lease;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(j)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Encumbrances
created under deeds of trust, mortgages and similar instruments by the lessor, grantor or mineral owner under a Lease or Right-of-Way
covering the lessor&rsquo;s, grantor&rsquo;s or mineral owner&rsquo;s interests in the land covered thereby unless a complaint of foreclosure
has been duly filed or any similar action taken by the mortgagee thereunder and such mortgage has not been subordinated, whether by contract
or applicable Law, to the Lease applicable to such Asset;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(k)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
defects or irregularities that have been cured or remedied by applicable statutes of limitation or statutes of prescription or by the
Ohio Dormant Mineral Act (R.C.&nbsp;5301.56) or Ohio Marketable Title Act (R.C. 5301.47 et. seq.);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(l)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
defects or irregularities resulting from lack of survey, unless a survey is expressly required by Law;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(m)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
defects or irregularities resulting from the failure to record releases of liens, production payments or mortgages that have expired on
their own terms or the enforcement of which are barred by applicable statute of limitations;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(n)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
defects in the chain of title consisting of the failure to recite marital status in a document or omissions of successions of heirship
or estate proceedings, unless Buyer provides affirmative evidence that such failure has resulted in another Person&rsquo;s superior claim
of title to the relevant Asset;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(o)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>defects
arising from any Lease where there is not a Well having no pooling provision or an inadequate horizontal pooling provision;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(p)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>defects
arising as a result of actions taken by Buyer or Buyer&rsquo;s failure to consent to any action pursuant to <I>Section&nbsp;7.1</I>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(q)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>defects
with respect to any interest in the Assets acquired through compulsory pooling or unitization or failure of the records of any Governmental
Authority to reflect Seller as the owner of any such Assets;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(r)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>with
respect to the Target Formation for a Lease or Well Pad Location, any defect regarding Seller&rsquo;s rights in and to any such horizon
or depth based on or relating to the effect of horizontal severance provisions (including language such as &ldquo;the base of the producing
formation,&rdquo; provisions identifying a specific depth limitation, or language of the same or substantially the same effect) if such
Lease, Well or Well Pad Location is capable of producing from any portion of such horizon or depth, unless there is a Well that trespasses
on any Lease as a result of such severance;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(s)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>defects
arising from failure to have surface access or other surface rights to the extent that the same does not (i)&nbsp;materially impair the
ownership, operation or use of the Assets as currently owned, operated and used or (ii)&nbsp;result in an Interest Reduction;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(t)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>defects
based upon the failure to record, or improper recording of, any federal or state Leases or any assignments of interests in such Leases
in any applicable public records, provided that such Leases or assignments have been appropriately filed of record with the applicable
Governmental Authorities;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(u)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>defects
or irregularities resulting from or related to probate proceedings or the lack thereof, which defects or irregularities have been outstanding
for the ten (10)&nbsp;year period immediately prior to the Execution Date unless such defects or irregularities have resulted in another
Person&rsquo;s superior claim of title to the relevant Asset;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>defects
resulting from domestic or residential &ldquo;free gas&rdquo; arrangements under the terms of any Lease that is a part of the Assets;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(w)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>defects
based on or arising out of the failure of Seller to enter into, be party to, or be bound by, pooling provisions, a pooling agreement,
production sharing agreement, production handling agreement or other similar agreement with respect to any horizontal Well that crosses
more than one Lease or tract, to the extent: (i)&nbsp;such Well has been properly permitted by the applicable Governmental Authority;
or (ii)&nbsp;the allocation of Hydrocarbons produced from such Well among such Lease or tracts based upon the length of the &ldquo;as
drilled&rdquo; horizontal wellbore open for production, the total length of the horizontal wellbore, or other methodology that is intended
to reasonably attribute to each such Lease or leasehold tract its share of such production;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(x)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
defects arising from any change in Laws following the Execution Date;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(y)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
defects or irregularities in acknowledgements or any defects, irregularities or clouds on title, which may arise as a result of scrivener&rsquo;s
error in a duly recorded deed or instrument;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(z)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>defects resulting from pending approval from any Governmental Authority of any pooling
order, unit order, or unit contraction so long as there has been no written objection from any applicable Governmental Authority
with respect to the same; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(aa)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
Encumbrance (other than an Encumbrance for borrowed money that is not discharged at or prior to Closing at Seller&rsquo;s cost) affecting
ownership interests in formations other than the Target Formation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Title
Defect Amount</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;5.2(e)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Title Defect
Notice</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;5.2(a)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Title Defect
Property</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;5.2(a)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Title Disputed
Matter</I></B>&rdquo; shall have the meaning set forth in <I>Section&nbsp;5.2(h)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Tranche 1</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;15.1(i)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Tranche 2</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;15.1(i)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Transaction Documents</I></B>&rdquo;
shall mean those documents executed and delivered pursuant to or in connection with this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Transfer Taxes</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;16.3(a)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Transferred Employees</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;15.1(a)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Transferred Vehicles</I></B>&rdquo;
shall have the meaning set forth in <I>subsection (m)</I>&nbsp;of the definition of &ldquo;Assets&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Transition Services
Agreement</I></B>&rdquo; shall mean the Transition Services Agreement, substantially in the form attached to this Agreement as <U>Exhibit&nbsp;P</U>,
to be executed and delivered by Infinity and Antero Resources at Closing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Treasury Regulations</I></B>&rdquo;
shall mean the regulations promulgated by the United States Department of the Treasury pursuant to and in respect of provisions of the
Code. All references herein to sections of the Treasury Regulations shall include any corresponding provision or provisions of succeeding,
similar, substitute, proposed or final Treasury Regulations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Units</I></B>&rdquo;
shall have the meaning set forth in <I>subsection (c)</I>&nbsp;of the definition of &ldquo;Assets&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Vacation Payout</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;15.1(e)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B><I>VDR</I></B>&rdquo;
means that certain virtual data room hosted by RBC </FONT>referred to as &ldquo;Smart Room &ndash; Project Pinehurst&rdquo;<FONT STYLE="font-family: Times New Roman, Times, Serif">.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>WARN Act</I></B>&rdquo;
shall mean the Worker Adjustment and Retraining Notification Act of 1988, as amended, or any similar Laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Well Imbalance</I></B>&rdquo;
shall mean any imbalance at the wellhead between the amount of Hydrocarbons produced from a Well and allocable to the interests of Seller
therein and the shares of production from the relevant Well to which Seller is entitled, together with any appurtenant rights and obligations
concerning future in kind and/or cash balancing at the wellhead.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Well Pad Location</I></B>&rdquo;
mean each location and lateral length for a proposed Well identified as a &ldquo;Well Pad Location&rdquo; on <U>Exhibit&nbsp;B</U>, relative
to such Well and lateral only to the extent related to the Target Formation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Wells</I></B>&rdquo;
shall have the meaning set forth in <I>subsection (b)</I>&nbsp;of the definition of &ldquo;Assets&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Willful Breach</I></B>&rdquo;
shall mean, with respect to any Party, (a)&nbsp;such Party intentionally breaches in any material respect (by refusing to perform or taking
an action prohibited) any material covenant or agreement applicable to such Party, or (ii)&nbsp;material breach of any representation
or warranty applicable to such Party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Working Interest</I></B>&rdquo;
shall mean, with respect to any Lease, Well or Well Pad Location, the interest in and to such Lease, Well or Well Pad Location that is
burdened with the obligation to bear and pay costs and expenses of maintenance, development and operations on or in connection with such
Lease, Well or Well Pad Location, but without regard to the effect of any Royalties and other similar burdens upon, measured by or payable
out of production therefrom.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>2025 Bonuses</I></B>&rdquo;
shall have the meaning set forth in <I>Section&nbsp;15.1(i)</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>1.2</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>References
and Rules&nbsp;of Construction</I></B><I>.</I> All references in this Agreement to Exhibits, Schedules, Articles, Sections, subsections
and other subdivisions refer to the corresponding Exhibits, Schedules, Articles, Sections, subsections and other subdivisions of or to
this Agreement unless expressly provided otherwise. Titles appearing at the beginning of any Articles, Sections, subsections and other
subdivisions of this Agreement are for convenience only, do not constitute any part of this Agreement, and shall be disregarded in construing
the language hereof. The words &ldquo;this Agreement,&rdquo; &ldquo;herein,&rdquo; &ldquo;hereby,&rdquo; &ldquo;hereunder&rdquo; and &ldquo;hereof,&rdquo;
and words of similar import, refer to this Agreement as a whole and not to any particular Article, Section, subsection or other subdivision
unless expressly so limited. The words &ldquo;this Article,&rdquo; &ldquo;this Section&rdquo; and &ldquo;this subsection,&rdquo; and words
of similar import, refer only to the Article, Section&nbsp;or subsection hereof in which such words occur. Wherever the words &ldquo;include,&rdquo;
 &ldquo;includes&rdquo; or &ldquo;including&rdquo; are used in this Agreement, they shall be deemed to be followed by the words &ldquo;without
limiting the foregoing in any respect.&rdquo; All references to &ldquo;$&rdquo; or &ldquo;dollars&rdquo; shall be deemed references to
United States dollars. Pronouns in masculine, feminine or neuter genders shall be construed to state and include any other gender, and
words, terms and titles (including terms defined herein) in the singular form shall be construed to include the plural and vice versa,
unless the context otherwise requires. The words &ldquo;shall&rdquo; and &ldquo;will&rdquo; are used interchangeably throughout this Agreement
and shall accordingly be given the same meaning, regardless of which word is used. The word &ldquo;extent&rdquo; in the phrase &ldquo;to
the extent&rdquo; shall mean the limited degree or proportion to which a subject or other thing extends, and such phrase shall not mean
simply &ldquo;if&rdquo;. References to any date and/or time shall mean such date or time, as applicable, in Prevailing Eastern Time, and
for purposes of calculating the time period in which any notice or action is to be given or undertaken hereunder, such period shall be
deemed to begin at 12:01 a.m.&nbsp;on the applicable date in Prevailing Eastern Time. If the date specified in this Agreement for giving
any notice or taking any action is not a Business Day (or if the period during which any notice is required to be given or any action
taken expires on a date that is not a Business Day), then the date for giving such notice or taking such action (and the expiration date
of such period during which notice is required to be given or action taken) shall be the next day that is a Business Day. Each accounting
term not defined in this Agreement, and each accounting term partly defined in this Agreement to the extent not defined, will have the
meaning given to it under GAAP and COPAS, as in effect on the Execution Date, provided that GAAP shall prevail in the event of any conflict.
Any reference in this Agreement to &ldquo;made available&rdquo; to Buyer or Buyer&rsquo;s Representatives means a document or other item
of information that was provided or made available to Buyer or Buyer&rsquo;s Representatives (i)&nbsp;in the VDR no later than twenty-four
(24) hours prior to execution of this Agreement or (ii)&nbsp;otherwise provided or made available to Buyer or Buyer&rsquo;s Representatives
in writing (including by electronic mail) prior to execution of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000"><B>Article&nbsp;II
</B></FONT><B><BR>
PURCHASE AND SALE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>2.1</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Purchase
and Sale</I></B><I>.</I> Subject to the terms and conditions of this Agreement, Seller agrees to sell, and each of Infinity and NOG agrees
to purchase and pay for, the Infinity Assets and NOG Assets, respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>2.2</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Excluded
Assets</I></B><I>.</I> Seller shall reserve and retain all of the Excluded Assets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>2.3</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Revenues
and Expenses</I></B>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Seller
shall be entitled to all of the rights of ownership attributable to the Assets (including the right to all production, proceeds of production
and other proceeds) and shall remain responsible for all Property Expenses, in each case, attributable to the period of time prior to
the Effective Time. Subject to the Closing occurring, Buyer shall be entitled to all of the rights of ownership attributable to the Assets
(including the right to all production, proceeds of production and other proceeds), and shall be responsible for all Property Expenses,
in each case, from and after the Effective Time. All Property Expenses that are: (i)&nbsp;incurred with respect to operations conducted
or production prior to the Effective Time shall be paid by or allocated to Seller and (ii)&nbsp;incurred with respect to operations conducted
or production from and after the Effective Time shall be paid by or allocated to Buyer. Any such entitlement to revenues or responsibility
for costs discussed in this <I>Section&nbsp;2.3 </I>shall expressly be shared severally and not jointly by Infinity and NOG on the basis
of their respective Buyer Pro Rata Shares, but Seller shall be permitted to make any such payments or reimbursements with respect thereto
in whole to Buyer&rsquo;s Representative.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Such
amounts that are received or paid during the period from the Execution Date up until Closing shall be accounted for in the Preliminary
Settlement Statement or Final Settlement Statement as applicable. Such amounts that are received or paid after Closing but prior to the
date of the Final Settlement Statement shall be accounted for in the Final Settlement Statement. If, after the Parties&rsquo; agreement
(or deemed agreement) upon the Final Settlement Statement, (i)&nbsp;any Party receives monies belonging to the other, including proceeds
of production, then such amount shall, within five (5)&nbsp;Business Days after the end of the month in which such amounts were received,
be paid over to the proper Party, (ii)&nbsp;any Party pays monies for Property Expenses which are the obligation of the other Party hereto,
then such other Party shall, within five (5)&nbsp;Business Days after the end of the month in which the applicable invoice and proof of
payment of such invoice were received, reimburse the Party which paid such Property Expenses, (iii)&nbsp;a Party receives an invoice of
an expense or obligation (other than Asset Taxes,&nbsp;Income Taxes and Transfer Taxes) which is owed by the other Party, such Party receiving
the invoice shall promptly forward such invoice to the Party obligated to pay the same, and (iv)&nbsp;an invoice or other evidence of
an obligation (other than Asset Taxes,&nbsp;Income Taxes and Transfer Taxes) is received by a Party, which is partially an obligation
of both Seller and Buyer, then the Parties shall consult with each other, and each shall promptly pay its portion of such obligation to
the obligee. After Closing, each Party shall be entitled to participate in all joint interest audits and other audits of Property Expenses
for which such Party is entirely or in part responsible under the terms of this <I>Section&nbsp;2.3</I>. Notwithstanding anything herein
to the contrary, from and after the first anniversary of the Closing Date (the &ldquo;<B><I>Cut-Off Date</I></B>&rdquo;), Seller and its
Affiliates shall have no further: (x)&nbsp;entitlement, obligation or liability with respect to amounts earned from the sale of Hydrocarbons
produced from or attributable to the Assets; or (y)&nbsp;liabilities or obligations with respect to pre-Effective Time Property Expenses.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>For
purposes of allocating expenses, revenues, production, proceeds, income and products under this <I>Section&nbsp;2.3</I> or <I>Section&nbsp;3.3</I>:
(i)&nbsp;liquid Hydrocarbons produced into storage facilities will be deemed to be &ldquo;from or attributable to&rdquo; the Assets when
they pass through the pipeline connecting into the storage facilities into which they are run; and (ii)&nbsp;gaseous Hydrocarbons and
liquid Hydrocarbons produced into pipelines will be deemed to be &ldquo;from or attributable to&rdquo; the Assets when they pass through
the receipt point sales meters on the pipelines through which they are transported. In order to accomplish the foregoing allocation of
production, the Parties shall: (x)&nbsp;rely upon the gauging, metering and strapping procedures which were conducted by Seller or its
designee on or about the Effective Time; and (y)&nbsp;utilize reasonable interpolating procedures to arrive at an allocation of production
when exact gauging, metering, and strapping data is not available on hand as of the Effective Time, unless such procedures are demonstrated
to be inaccurate. The determination of whether costs and/or expenses are attributable to the period before or after the Effective Time
for purposes of the adjustments provided for in this <I>Section&nbsp;2.3</I> are based on when services are rendered, when the goods are
delivered or when the work is performed. For clarification, the date an item or work is ordered is not the date of a transaction for settlement
purposes hereunder, but rather the date on which the item ordered is delivered to the job site, or the date on which the work ordered
is performed, is the relevant date. &ldquo;<B><I>Earned</I></B>&rdquo; and &ldquo;<B><I>incurred</I></B>,&rdquo; shall be interpreted
in accordance with accounting recognition guidance under the GAAP and COPAS, consistently applied.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000"><B>Article&nbsp;III
</B></FONT><B><BR>
PURCHASE PRICE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>3.1</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Purchase
Price</I></B><I>.</I> The consideration for the transfer of the Assets and the transactions contemplated hereby shall be (a)&nbsp;the
assumption of the Assumed Obligations and (b)&nbsp;an amount equal to $800,000,000.00 (the &ldquo;<B><I>Purchase Price</I></B>&rdquo;),
adjusted in accordance with this Agreement and payable by Buyer to Seller at Closing by wire transfer in same day funds to a bank account
of Seller (the details of which shall be provided by to Buyer in the Preliminary Settlement Statement).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>3.2</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Deposit</I></B><I>.</I>
Within one (1)&nbsp;Business Day of the execution of this Agreement, Buyer shall deposit by wire transfer in same day funds into an escrow
account established pursuant to the Escrow Agreement (the &ldquo;<B><I>Escrow Account</I></B>&rdquo;) an amount equal to ten percent (10%)
of the Purchase Price (such amount, together with all interest accruing thereon, if any, the &ldquo;<B><I>Deposit</I></B>&rdquo;). The
Deposit will be held by Escrow Agent pursuant to the terms of the Escrow Agreement and this <I>Section&nbsp;3.2</I> and <I>Section&nbsp;13.2</I>.
If Closing occurs, the Parties shall jointly instruct the Escrow Agent to disburse the Deposit (including, for the avoidance of doubt,
any interest accruing thereon, but less the amount of the Defect Escrow Amount, if any) to Seller, and such disbursed amount shall be
applied as a credit toward the Adjusted Purchase Price as provided in, and without duplication of <I>Section&nbsp;12.4(f)</I>. If this
Agreement is terminated prior to the Closing in accordance with <I>Section&nbsp;13.1</I>, then the provisions of <I>Section&nbsp;13.2</I>
shall apply to the Deposit.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>3.3</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Adjustments
to Purchase Price</I></B><I>.</I> The Purchase Price shall be adjusted as follows, and the resulting amount shall be herein called the
 &ldquo;<B><I>Adjusted Purchase Price</I></B>&rdquo;:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>The
Purchase Price shall be adjusted upward by the following amounts (without duplication):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>an
amount equal to the value of all (A)&nbsp;Hydrocarbons attributable to the Assets in pipelines or in tanks above the pipeline sales connection,
in each case, as of the Effective Time (<I>including</I> line fill but <I>less</I> tank bottoms), <I>plus</I> (B)&nbsp;the unsold inventory
of gas products attributable to the Assets as of the Effective Time, in each case such value to be based upon the contract price in effect
as of the Effective Time (or if no such contract is in effect, the market value in the area as of the Effective Time), in each case of
(<I>A)&nbsp;</I>and <I>(B)&nbsp;less</I> amounts payable as Royalties; <I>provided</I> that any adjustment for linefill shall not exceed
$150,000.00;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>an
amount equal to all proceeds received by Buyer or its Affiliates attributable to the ownership or operation of the Assets prior to the
Effective Time, including the sale of Hydrocarbons produced from the Assets or allocable thereto, net of (x)&nbsp;Royalties and (y)&nbsp;gathering,
processing, transportation and other midstream costs, in each case, to the extent paid or payable to the Third Parties (which shall constitute
Property Expenses);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iii)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>amount
equal to all Property Expenses, including all prepaid Property Expenses, paid by Seller or its Affiliates that are attributable to the
ownership or operation of the Assets from and after the Effective Time (whether paid before or after the Effective Time), including (A)&nbsp;Royalties,
(B)&nbsp;rentals and other lease maintenance payments, (C)&nbsp;costs of Lease renewals and/or extensions of the Leases and (D)&nbsp;costs
of acquiring Rights-of-Way;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iv)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>to
the extent that Seller&rsquo;s interest in any of the Wells is underproduced with respect to any Hydrocarbons as of the Effective Time,
an amount equal to the product of the underproduced volumes <I>multiplied by</I> the Settlement Price;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(v)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>to
the extent that any Hydrocarbons attributable to Seller&rsquo;s interest in any of the Wells have been overdelivered to the applicable
pipeline as of the Effective Time, the product of the overdelivered volumes <I>multiplied by</I> the Settlement Price;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(vi)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>an
amount equal to any transfer costs (excluding any Transfer Taxes, which are addressed in <I>Section&nbsp;16.3(a)</I>) paid by Seller associated
with transferring the leases related to the Transferred Vehicles;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(vii)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
amount of all Asset Taxes allocated to Buyer in accordance with <I>Section&nbsp;16.3(b)</I>&nbsp;but paid, payable or otherwise economically
borne by Seller;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(viii)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>$500,000
per month (adjusted pro rata for any partial month) between the Effective Time and the Closing Date; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ix)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
other amount expressly provided for elsewhere in this Agreement or otherwise agreed upon by Seller and Buyer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>The
Purchase Price shall be adjusted downward by the following amounts (without duplication):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>an
amount equal to all proceeds received by Seller or its Affiliates attributable to the ownership or operation of the Assets from and after
the Effective Time, including the sale of Hydrocarbons produced from the Assets or allocable thereto, net of (x)&nbsp;Royalties and (y)&nbsp;gathering,
processing, transportation and other midstream costs, in each case, to the extent paid or payable to the Third Parties (which shall constitute
Property Expenses);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>subject
to <I>Section&nbsp;5.2(h)</I>, if Seller makes the election under <I>Section&nbsp;5.2(c)(i)&nbsp;</I>with respect to any uncured Title
Defect, the Title Defect Amount with respect to such Title Defect;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iii)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>subject
to <I>Section&nbsp;6.1(e)</I>, if Seller makes the election under <I>Section&nbsp;6.1(c)(i)&nbsp;</I>with respect to any uncured Environmental
Defect, the Remediation Amount with respect to such Environmental Defect;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iv)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
Allocated Value of any Assets excluded from the transactions contemplated hereby pursuant to <I>Section</I>&nbsp;5.2<I>(c)(iii), Section&nbsp;5.4(b)</I>,
<I>Section&nbsp;5.4(c)</I>&nbsp;or <I>Section&nbsp;6.1(c)(ii)</I>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(v)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
amount of all Asset Taxes allocated to Seller in accordance with <I>Section&nbsp;16.3(b)</I>&nbsp;but paid, payable or otherwise economically
borne by Buyer;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(vi)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
net amount of all Suspense Funds that are actually held in suspense by Seller or any of their Affiliates as of the Closing Date;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(vii)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>to
the extent that Seller&rsquo;s interest in any of the Wells is overproduced with respect to any Hydrocarbons as of the Effective Time,
the product of the overproduced volumes <I>multiplied by</I> the Settlement Price;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(viii)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>to
the extent that any Hydrocarbons attributable to Seller&rsquo;s interest in any of the Wells have been underdelivered to the applicable
pipeline as of the Effective Time, to the product of the underdelivered volumes <I>multiplied by</I> the Settlement Price; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ix)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
other amount expressly provided for elsewhere in this Agreement or otherwise agreed upon by Seller and Buyer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>For
the avoidance of doubt, in the event Seller or its Affiliates receive an overpayment of proceeds for which Buyer receives an adjustment
to the Purchase Price under <I>Section&nbsp;3.3(b)</I>&nbsp;and Seller or its Affiliate is subsequently required to reimburse or otherwise
account for such overpayment to a Third Party, Seller shall be entitled to a reimbursement from Buyer of such overpayment amount, which
if such amount is known prior to the issuance of the Final Settlement Statement, shall be reflected as an adjustment on the Final Settlement
Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>3.4</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Preliminary
Settlement Statement</I></B><I>.</I> Not less than five (5)&nbsp;Business Days prior to Closing, Seller shall (a)&nbsp;prepare in good
faith and submit to Buyer for review a draft settlement statement (the &ldquo;<B><I>Preliminary Settlement Statement</I></B>&rdquo;) that
shall set forth the Adjusted Purchase Price, reflecting each adjustment made in accordance with this Agreement as of the date of preparation
of such Preliminary Settlement Statement and the itemized calculation (recognizing that Seller may elect to use reasonable good faith
estimates in the Preliminary Settlement Statement where actual amounts are not known at such time and based upon the best information
available at that time) of the adjustments used to determine such amount, (b)&nbsp;provide to Buyer reasonable documentation in the possession
of Seller or any of its Affiliates to support the amounts of the proposed adjustments set forth in the Preliminary Settlement Statement,
and (c)&nbsp;provide designation of Seller&rsquo;s accounts for the wire transfers of funds as set forth in <I>Section&nbsp;12.4(f)</I>.
Not less than two (2)&nbsp;Business Days prior to Closing, Buyer may, but is not obligated to, deliver to Seller a written report containing
all objections or changes proposed in good faith with the explanation therefor that Buyer proposes to be made to the Preliminary Settlement
Statement, and Seller shall consider all such objections and proposed changes in good faith. The Preliminary Settlement Statement, as
agreed upon by the Parties, will be used to adjust the Purchase Price at Closing; <I>provided</I> that if the Parties do not agree upon
an adjustment set forth in the Preliminary Settlement Statement, then, without prejudicing Buyer&rsquo;s rights under <I>Section&nbsp;3.5</I>,
the amount of such adjustment used to adjust the Purchase Price at Closing shall be that amount set forth in the draft Preliminary Settlement
Statement delivered by Seller to Buyer pursuant to this <I>Section&nbsp;3.4</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>3.5</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Final
Settlement Statement</I></B><I>.</I> Subject to any further adjustments based on the Title Arbitrators&rsquo; decisions pursuant to <I>Section&nbsp;5.2(h)</I>&nbsp;below
or the Environmental Arbitrators&rsquo; decisions pursuant to <I>Section&nbsp;6.1(f)</I>&nbsp;below, on or before one hundred and twenty
(120) days after Closing, a final settlement statement (the &ldquo;<B><I>Final Settlement Statement</I></B>&rdquo;) will be prepared in
good faith by Seller based on actual income and expenses and which takes into account all final adjustments made to the Purchase Price
and shows the resulting final Adjusted Purchase Price and reflecting each adjustment made in accordance with this Agreement as of the
date of preparation of such Final Settlement Statement and reasonable information to support such calculations. The Final Settlement Statement
shall set forth the actual proration of the amounts required by this Agreement and Seller shall make all adjustments based on the most
recent, actual figures. Seller agrees to reasonably cooperate with Buyer and provide reasonable documentation in the possession or control
of Seller or any of its Affiliates and reasonable access to Seller&rsquo;s and its Affiliates personnel knowledgeable with such documentation
and the matters covered by the Final Settlement Statement, to support and discuss the amounts of the adjustments set forth in the Final
Settlement Statement. As soon as practicable, and in any event within thirty (30) days after receipt of the Final Settlement Statement,
Buyer may, but is not obligated to, return to Seller a written report containing any proposed changes in good faith to the Final Settlement
Statement and an explanation of any such changes and the reasons therefor (the &ldquo;<B><I>Dispute Notice</I></B>&rdquo;). Buyer&rsquo;s
failure to deliver to Seller a Dispute Notice detailing proposed changes to the Final Settlement Statement by such date shall be deemed
to be an acceptance by Buyer of the Final Settlement Statement delivered by Seller and any changes to the Final Settlement Statement as
initially prepared by Seller that are proposed or requested by Buyer and not included in the Dispute Notice shall be deemed waived, and
Seller&rsquo;s determinations with respect to all such adjustments in the Final Settlement Statement that are not addressed in the Dispute
Notice shall prevail. If the final Adjusted Purchase Price set forth in the Final Settlement Statement is mutually agreed upon by Seller
and Buyer or deemed agreed pursuant to the foregoing (or determined by the Accounting Arbitrator pursuant to <I>Section&nbsp;3.6</I>),
the Final Settlement Statement and such final Adjusted Purchase Price (the &ldquo;<B><I>Final Price</I></B>&rdquo;) shall be final and
binding on the Parties. Any difference in the Adjusted Purchase Price as paid at Closing pursuant to the Preliminary Settlement Statement
and the Final Price shall be paid by the owing Party on or before the date that is ten (10)&nbsp;days following agreement or deemed agreement
(or determination by the Accounting Arbitrator, as applicable) to the owed Party. All amounts paid or transferred pursuant to this <I>Section&nbsp;3.5</I>
shall be delivered in United States currency by wire transfer of immediately available funds to the account specified in writing by the
relevant Party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>3.6</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Disputes</I></B><I>.</I>
If Seller and Buyer are unable to resolve the matters addressed in the Dispute Notice, each of Buyer and Seller shall within 14 Business
Days after the delivery of such Dispute Notice, summarize its position with regard to such dispute in a written document of ten pages&nbsp;or
less (excluding exhibits) and submit such summaries to Grant Thornton LLP (the &ldquo;<B><I>Accounting Arbitrator</I></B>&rdquo;), together
with the Dispute Notice, the Final Settlement Statement and any other documentation such Party may desire to submit. Within twenty (20)
Business Days after receiving the Parties&rsquo; respective submissions, the Accounting Arbitrator shall render a decision choosing either
Seller&rsquo;s position or Buyer&rsquo;s position with respect to each matter addressed in any Dispute Notice, based on the materials
described above. Any decision rendered by the Accounting Arbitrator pursuant hereto shall be final, conclusive and binding on Seller and
Buyer and will be enforceable against any of the Parties in any court of competent jurisdiction. The Accounting Arbitrator may not award
damages, interest or penalties to either Party with respect to any matter. The costs of such Accounting Arbitrator shall be borne by the
Party which the Accounting Arbitrator has not selected their position as the appropriate position in the majority of disputed matters
in any such proceeding. In the event that Grant Thornton LLP declines to serve as the Accounting Arbitrator, then the Accounting Arbitrator
shall be selected by the Houston, Texas office of the American Arbitration Association.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>3.7</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Allocation
of Purchase Price / Allocated Values</I></B><I>.</I> Buyer and Seller agree that, for purposes of calculating adjustments to the Purchase
Price as provided herein, the unadjusted Purchase Price shall be allocated among the Assets as set forth in <U>Exhibit&nbsp;G</U>. The
 &ldquo;<B><I>Allocated Value</I></B>&rdquo; for any Asset equals the portion of the unadjusted Purchase Price allocated to such Asset
in <U>Exhibit&nbsp;G</U>. Such Allocated Values shall be used in calculating adjustments to the Purchase Price as provided herein. Buyer
and Seller also agree (a)&nbsp;that the Allocated Values, as adjusted, shall be used by Seller and Buyer as the basis for reporting asset
values and other items for purposes of this <I>Section&nbsp;3.7</I>, and (b)&nbsp;that neither they nor their Affiliates will take positions
inconsistent with such Allocated Values in notices to Preferential Right holders or in other documents or notices relating to the transactions
contemplated by this Agreement (for the avoidance of doubt, other than as set forth in <I>Section&nbsp;3.8</I>).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>3.8</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Allocation
of Consideration for Tax Purposes</I></B>. Buyer and Seller shall use commercially reasonable efforts to agree to an allocation of the
Purchase Price and any other items properly treated as consideration for U.S. federal income Tax purposes (collectively, the &ldquo;<B><I>Tax
Consideration</I></B>&rdquo;) among the six categories of assets specified in Part&nbsp;II of IRS Form&nbsp;8594 (Asset Acquisition Statement
under Section&nbsp;1060), in accordance with Section&nbsp;1060 of the Code and the Treasury Regulations promulgated thereunder, within
thirty (30) days after the date on which the Final Settlement Statement is finally determined pursuant to <I>Section&nbsp;3.5 </I>or <I>Section&nbsp;3.6</I>,
as applicable (the &ldquo;<B><I>Allocation</I></B>&rdquo;); <I>provided, however</I>, in the event the Parties determine that Seller is
treated as conveying to Buyer an interest in the Antero-QL Tax Partnership for U.S. federal Income Tax purposes pursuant to this Agreement,
the Parties shall use commercially reasonable efforts to agree upon (a)&nbsp;the portion of the Tax Consideration allocable to such partnership
interests and (b)&nbsp;an allocation of such consideration among the assets of the Tax Partnership (with any disputed items resolved in
accordance with the procedures of <I>Section&nbsp;3.6</I>, <I>mutatis mutandis</I>). If the Parties reach an agreement with respect to
the Allocation, (a)&nbsp;Buyer and Seller shall use commercially reasonable efforts to update the Allocation in accordance with Section&nbsp;1060
of the Code following any adjustment to the purchase consideration for Tax purposes pursuant to this Agreement, and (b)&nbsp;Buyer and
Seller shall, and shall cause their respective Affiliates to, report consistently with the Allocation, as adjusted, on IRS Form&nbsp;8594
(Asset Acquisition Statement under Section&nbsp;1060) as required by applicable Law, unless otherwise required by a change in applicable
Law occurring after the date the Parties agree to the Allocation; <I>provided, however</I>, that (i)&nbsp;if Buyer and Seller cannot mutually
agree on the Allocation, each Party shall be entitled to determine its own allocation and file its IRS Form&nbsp;8594 consistent therewith
and (ii)&nbsp;neither Party shall be unreasonably impeded in its ability and discretion to negotiate, compromise and/or settle any Tax
audit, claim or similar proceedings in connection with such allocation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>3.9</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Withholding</I></B>.
Buyer shall be entitled to deduct and withhold from the consideration otherwise payable pursuant to this Agreement to Seller such amounts
as are required to be withheld and paid over to the applicable Taxing Authority under the Code, or any applicable provision of Tax Law;
<I>provided</I>, <I>however</I>, that, except in connection with the failure of any Seller to provide the documentation set forth in <I>Section&nbsp;12.4(e)</I>,
Buyer will, prior to any deduction or withholding, use commercially reasonable efforts to notify Seller of any anticipated deduction or
withholding reasonably in advance of such deduction or withholding, and reasonably cooperate with Seller to minimize the amount of any
applicable deduction or withholding. To the extent that amounts are so deducted or withheld and paid over to the applicable Taxing Authority,
such deducted or withheld amounts shall be treated for all purposes of this Agreement as having been paid to Seller.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000"><B>Article&nbsp;IV
</B></FONT><B><BR>
ACCESS; DISCLAIMERS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>4.1</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Access</I></B>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>From
and after the Execution Date and up to and including the Defect Notice Date (or earlier termination of this Agreement), but subject to
the other provisions of this <I>Section&nbsp;4.1</I> and obtaining any required consents of Third Parties, including Third Party operators
of the Assets, in each case, for which Seller and its Affiliates shall use commercially reasonable efforts to obtain such consents (but
without payment of a fee, cost, expense or other obligation of any kind unless Buyer agrees to pay or fulfil such fee, cost, expense or
other obligation in Buyer&rsquo;s sole discretion), Seller shall afford to Buyer and its officers, employees, agents, accountants, attorneys,
investment bankers and other authorized representatives (&ldquo;<B><I>Buyer&rsquo;s Representatives</I></B>&rdquo;) reasonable access,
during normal business hours, to (i)&nbsp;Seller&rsquo;s and its Affiliates&rsquo; employees (following prior notice to Spencer Booth,
Phone: [ *********** ], Email: [ *********** ]), (ii)&nbsp;the Assets and (iii)&nbsp;all Records. All investigations and due diligence
conducted by Buyer or any Buyer&rsquo;s Representative shall be conducted at Buyer&rsquo;s sole cost, risk and expense and any conclusions
made from any examination done by Buyer or any Buyer&rsquo;s Representative shall result from Buyer&rsquo;s own independent review and
judgment. Any such entry onto the Assets is subject to compliance with all appliable Laws and all Third Party restrictions, if any, <B>NOTWITHSTANDING
THE FOREGOING AND FOR THE AVOIDANCE OF DOUBT, WITHOUT LIMITING IN ANY RESPECT BUYER&rsquo;S RIGHTS UNDER <FONT STYLE="text-transform: uppercase"><I>Article&nbsp;V</I></FONT>
OR <I>ARTICLE&nbsp;VI</I>, BUYER&rsquo;S RIGHTS UNDER THE R&amp;W INSURANCE POLICY, SELLER&rsquo;S SPECIAL WARRANTY OF DEFENSIBLE TITLE
IN THE INSTRUMENTS OF CONVEYANCE AND/OR BUYER&rsquo;S RIGHTS UNDER <I>SECTION&nbsp;10.4</I>, SELLER MAKES NO (AND BUYER ACKNOWLEDGES THAT
IT HAS NOT RELIED UPON ANY) REPRESENTATION OR WARRANTY, AND EXPRESSLY DISCLAIMS ALL REPRESENTATIONS AND WARRANTIES AS TO THE ACCURACY
OR COMPLETENESS OF THE DOCUMENTS,&nbsp;INFORMATION, BOOKS, RECORDS, FILES AND OTHER DATA THAT IT MAY&nbsp;PROVIDE OR DISCLOSE TO BUYER
OR BUYER&rsquo;S REPRESENTATIVES.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Buyer
shall be entitled to conduct a Phase I environmental property assessment or other visual assessment in accordance with American Society
for Testing and Material International Standard Practice Environmental Site Assessments: Phase I Environmental Site Assessment Process
(Publication Designation E1527-21), but excluding in all cases electronic ground or air scanners or samplers or other non-photographic
devices) that does not include invasive sampling or testing of any environmental media (&ldquo;<B><I>Phase I Environmental Site Assessment</I></B>&rdquo;)
with respect to the Assets, to be conducted by a reputable environmental consulting or engineering firm approved in advance in writing
by Seller; <I>provided</I> that ARM Group LLC shall be deemed approved by Seller as of the Execution Date. Seller or its designee shall
have the right at Seller&rsquo;s sole cost and expense to accompany Buyer and Buyer&rsquo;s Representatives whenever they are on site
on the Assets. Notwithstanding anything herein to the contrary, Buyer shall not have access to, and shall not be permitted to conduct,
any environmental due diligence (including any Phase I Environmental Site Assessments) with respect to any Assets where Seller does not
have the authority to grant access for such due diligence (<I>provided, however</I>, Seller shall use its commercially reasonable efforts
to obtain permission from any Third Party to allow Buyer and Buyer&rsquo;s Representatives such access). Buyer shall not be entitled to
conduct a Phase II environmental property assessment with respect to the Assets, nor conduct any subsurface testing, sampling, boring,
drilling or other invasive investigation activities on or with respect to any of the Assets without Seller&rsquo;s prior written consent.
In the event that Buyer is unable to access any Asset, including to conduct a Phase I Environmental Site Assessment or Phase II environmental
property assessment or any sampling of any environmental media or invasive activity or testing, in each case, due to either Seller or
any Third Party withholding its consent or approval, Buyer may elect, in its sole discretion, to submit an Environmental Defect Notice
with respect to such Asset pursuant to and consistent with <I>Section&nbsp;6.1</I>, and the lack of data from such activities shall not,
in and of itself, invalidate or serve as a basis to reject such Environmental Defect Notice so long as Buyer submits such Environmental
Defect Notice in good faith; <I>provided</I>, that in each such case Seller may elect, in its sole discretion and at any time prior to
Closing, to retain the entirety of any such Asset together with all associated Assets, in which event the Purchase Price shall be reduced
by an amount equal to the Allocated Value of such Asset and such associated Assets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Buyer
shall coordinate its environmental property assessments and physical inspections of the Assets with Seller and all Third Party operators
to minimize any inconvenience to or interruption of the conduct of business by Seller or such Third Party operators. Buyer shall abide
by Seller&rsquo;s, and any Third Party operator&rsquo;s, safety rules, regulations and operating policies while conducting its due diligence
evaluation of the Assets, including any environmental or other inspection or assessment of the Assets. Each of NOG and Infinity hereby,
on a several, and not joint and several, basis, in accordance with their respective Buyer Pro Rata Shares hereby defends, indemnifies,
holds harmless and forever releases each of the operators of the Assets and the Seller Indemnified Parties from and against any and all
Liabilities arising out of, resulting from or relating to any field visit, environmental property assessment, or other due diligence activity
conducted by Buyer or any Buyer&rsquo;s Representative with respect to the Assets, <B>EVEN IF SUCH LIABILITIES ARISE OUT OF OR RESULT
FROM, SOLELY OR IN PART, THE GROSS, SOLE, ACTIVE, PASSIVE, CONCURRENT OR COMPARATIVE NEGLIGENCE, STRICT LIABILITY OR OTHER FAULT OR VIOLATION
OF LAW OF OR BY A MEMBER OF THE SELLER INDEMNIFIED PARTIES, <FONT STYLE="text-transform: uppercase">excepting only </FONT>(I)&nbsp;<FONT STYLE="text-transform: uppercase">Liabilities
TO THE EXTENT resulting FROM the FRAUD, gross negligence or willful misconduct of seller or its affiliates AND/or (II)&nbsp;THE MERE DISCOVERY
OF PRE-EXISTING CONTAMINATION OR OTHER ENVIRONMENTAL CONDITIONS</FONT> EXCEPT TO THE EXTENT EXACERBATED BY BUYER OR BUYER&rsquo;S REPRESENTATIVE
DURING SUCH DUE DILIGENCE INVESTIGATION. </B>For the avoidance of doubt, this defense, indemnification, hold harmless and release shall
survive any termination of this Agreement, if applicable, and the Closing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>In
the event Buyer makes a claim with respect to an Environmental Defect or that Buyer&rsquo;s condition to Closing as set forth in <I>Section&nbsp;10.4
</I>has not been satisfied, Buyer agrees to provide Seller reasonably promptl<B><I>y</I></B>, but in no less than five (5)&nbsp;days after
Buyer&rsquo;s or any of Buyer&rsquo;s Representative&rsquo;s receipt or creation, copies of all final environmental reports and environmental
test results prepared by Buyer and/or any of Buyer&rsquo;s Representatives which contain environmental data collected or generated from
Buyer&rsquo;s environmental due diligence with respect to the Assets. Except to the extent relating to the Excluded Assets and as otherwise
required by applicable Law, Seller shall hold such information confidential (unless and until this Agreement is terminated in accordance
with its terms) and, without limiting Buyer&rsquo;s right under the R&amp;W Insurance Policy with respect to <I>Article&nbsp;VIII</I>,
Seller shall not be deemed (by Seller&rsquo;s receipt of said documents or otherwise) to have made any representation or warranty, express,
implied or statutory, as to the condition of the Assets or to the accuracy of said documents or the information contained therein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(e)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Upon
completion of Buyer&rsquo;s due diligence, Buyer shall at its sole cost and expense and without any cost or expense to Seller or its Affiliates,
(i)&nbsp;repair all damage done to the Assets in connection with Buyer&rsquo;s due diligence, (ii)&nbsp;restore the Assets to at least
the approximate same or better condition than they were prior to commencement of Buyer&rsquo;s due diligence and (iii)&nbsp;remove all
equipment, tools or other property brought onto the Assets in connection with Buyer&rsquo;s due diligence. Any disturbance to the Assets
(including the leasehold associated therewith) resulting from Buyer&rsquo;s due diligence will be promptly corrected by Buyer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(f)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>During
all periods that Buyer and/or any of Buyer&rsquo;s Representatives are on the Assets and thereafter through the Closing, Buyer and/or
any of Buyer&rsquo;s Representatives shall maintain, at its sole expense, policies of insurance of the types and in the amounts customary
in the industry for such access and due diligence and sufficient to satisfy Buyer&rsquo;s indemnification obligations under <I>Section&nbsp;4.1(c)</I>.
Coverage under all insurance required to be carried by Buyer hereunder will (i)&nbsp;be primary insurance, (ii)&nbsp;list Seller Indemnified
Parties as additional insureds, (iii)&nbsp;waive subrogation against Seller Indemnified Parties and (iv)&nbsp;provide for five (5)&nbsp;days&rsquo;
prior notice to Seller in the event of cancellation or modification of the policy or reduction in coverage. Upon request by Seller, Buyer
shall provide evidence of such insurance to Seller prior to entering the Assets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>4.2</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Confidentiality</I></B><I>.</I>
Buyer acknowledges that, pursuant to its right of access to the Records and the Assets, Buyer will become privy to confidential and other
information of Seller and that such confidential information shall be held confidential by Buyer and Buyer&rsquo;s Representatives in
accordance with the terms of the Confidentiality Agreement. If Closing should occur, the foregoing confidentiality restriction on Buyer
shall terminate (except as to (a)&nbsp;such portion of the Assets that are not conveyed to Buyer pursuant to the provisions of this Agreement,
(b)&nbsp;the Excluded Assets and (c)&nbsp;information related to assets other than the Assets). Notwithstanding the foregoing sentence,
no such termination of the first sentence of this <I>Section&nbsp;4.2</I> shall relieve any party thereto from any liability thereunder
for any breach thereof prior to the Closing Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>4.3</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Disclaimers</I></B>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>EXCEPT
AS AND TO THE LIMITED EXTENT EXPRESSLY SET FORTH IN <FONT STYLE="text-transform: uppercase"><I>Article&nbsp;VIII</I></FONT> AND THE SELLER
CLOSING CERTIFICATE, AND SELLER&rsquo;S SPECIAL WARRANTY OF DEFENSIBLE TITLE IN THE INSTRUMENTS OF CONVEYANCE, WITHOUT LIMITING IN ANY
RESPECT BUYER&rsquo;S RIGHTS UNDER <FONT STYLE="text-transform: uppercase"><I>Article&nbsp;V</I></FONT>, BUYER&rsquo;S RIGHTS UNDER THE
R&amp;W INSURANCE POLICY, AND/OR BUYER&rsquo;S RIGHTS UNDER <I>SECTION&nbsp;10.4</I>, AND ABSENT FRAUD, (I)&nbsp;SELLER MAKES NO REPRESENTATIONS
OR WARRANTIES, EXPRESS, STATUTORY OR IMPLIED, (II)&nbsp;BUYER ACKNOWLEDGES AND AGREES THAT IT HAS NOT RELIED UPON AND SELLER EXPRESSLY
DISCLAIMS ALL LIABILITY AND RESPONSIBILITY FOR ANY REPRESENTATION, WARRANTY, STATEMENT OR INFORMATION MADE OR COMMUNICATED (ORALLY OR
IN WRITING) TO BUYER OR ANY OF ITS AFFILIATES, OFFICERS, EMPLOYEES, AGENTS, ACCOUNTANTS, ATTORNEYS,&nbsp;INVESTMENT BANKERS AND OTHER
AUTHORIZED REPRESENTATIVES (INCLUDING, ANY OPINION,&nbsp;INFORMATION, PROJECTION OR ADVICE THAT MAY&nbsp;HAVE BEEN PROVIDED TO BUYER OR
ANY OF THE FOREGOING BY ANY OFFICER, DIRECTOR, EMPLOYEE, AGENT, CONSULTANT, REPRESENTATIVE OR ADVISOR OF SELLER OR ANY OF ITS AFFILIATES).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>EXCEPT
AS AND TO THE LIMITED EXTENT EXPRESSLY REPRESENTED OTHERWISE IN <FONT STYLE="text-transform: uppercase"><I>Article&nbsp;VIII</I></FONT>
AND THE SELLER CLOSING CERTIFICATE, AND SELLER&rsquo;S SPECIAL WARRANTY OF DEFENSIBLE TITLE IN THE INSTRUMENTS OF CONVEYANCE, WITHOUT
LIMITING IN ANY RESPECT BUYER&rsquo;S RIGHTS UNDER <FONT STYLE="text-transform: uppercase"><I>Article&nbsp;V</I></FONT>, BUYER&rsquo;S
RIGHTS UNDER THE R&amp;W INSURANCE POLICY, AND/OR BUYER&rsquo;S RIGHTS UNDER <I>SECTION&nbsp;10.4</I>, AND ABSENT FRAUD, WITHOUT LIMITING
THE GENERALITY OF THE FOREGOING, SELLER EXPRESSLY DISCLAIMS ANY REPRESENTATION OR WARRANTY, EXPRESS, STATUTORY OR IMPLIED, AS TO (I)&nbsp;TITLE
TO ANY OF THE ASSETS, (II)&nbsp;THE CONTENTS, CHARACTER OR NATURE OF ANY REPORT OF ANY PETROLEUM ENGINEERING CONSULTANT OR ANY ENGINEERING,
GEOLOGICAL OR SEISMIC DATA OR INTERPRETATION, RELATING TO THE ASSETS, (III)&nbsp;THE QUANTITY, QUALITY OR RECOVERABILITY OF HYDROCARBONS
IN OR FROM THE ASSETS, (IV)&nbsp;ANY ESTIMATES OF THE VALUE OF THE ASSETS OR FUTURE REVENUES GENERATED BY THE ASSETS, (V)&nbsp;THE PRODUCTION
OF HYDROCARBONS FROM THE ASSETS, (VI)&nbsp;THE MAINTENANCE, REPAIR, CONDITION, QUALITY, SUITABILITY, DESIGN OR MARKETABILITY OF THE ASSETS,
(VII)&nbsp;THE CONTENT, CHARACTER OR NATURE OF ANY INFORMATION MEMORANDUM, REPORTS, BROCHURES, CHARTS OR STATEMENTS PREPARED BY SELLER
OR THIRD PARTIES WITH RESPECT TO THE ASSETS, (VIII)&nbsp;ANY OTHER MATERIALS OR INFORMATION THAT MAY&nbsp;HAVE BEEN MADE AVAILABLE TO
BUYER OR ANY OF ITS AFFILIATES, OFFICERS, EMPLOYEES, AGENTS, ACCOUNTANTS, ATTORNEYS,&nbsp;INVESTMENT BANKERS AND OTHER AUTHORIZED REPRESENTATIVES
IN CONNECTION WITH THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT OR ANY DISCUSSION OR PRESENTATION RELATING THERETO AND (IX)&nbsp;ANY
IMPLIED OR EXPRESS WARRANTY OF FREEDOM FROM PATENT OR TRADEMARK INFRINGEMENT. EXCEPT AS AND TO THE LIMITED EXTENT EXPRESSLY REPRESENTED
OTHERWISE IN <FONT STYLE="text-transform: uppercase"><I>Article&nbsp;VIII</I></FONT>, SELLER FURTHER DISCLAIMS ANY REPRESENTATION OR WARRANTY,
EXPRESS, STATUTORY OR IMPLIED, OF MERCHANTABILITY, FREEDOM FROM LATENT VICES OR DEFECTS, FITNESS FOR A PARTICULAR PURPOSE OR CONFORMITY
TO MODELS OR SAMPLES OF MATERIALS OF ANY OF THE ASSETS, RIGHTS OF A PURCHASER UNDER APPROPRIATE STATUTES TO CLAIM DIMINUTION OF CONSIDERATION
OR RETURN OF THE PURCHASE PRICE,&nbsp;IT BEING EXPRESSLY UNDERSTOOD AND AGREED BY THE PARTIES THAT BUYER SHALL BE DEEMED TO BE OBTAINING
THE ASSETS IN THEIR PRESENT STATUS, CONDITION AND STATE OF REPAIR, &ldquo;AS IS&rdquo; AND &ldquo;WHERE IS&rdquo; WITH ALL FAULTS OR DEFECTS
(KNOWN OR UNKNOWN, LATENT, DISCOVERABLE OR UNDISCOVERABLE), AND THAT BUYER HAS MADE OR CAUSED TO BE MADE SUCH INSPECTIONS OF THE ASSETS
AS BUYER DEEMS APPROPRIATE.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>BUYER
ACKNOWLEDGES AND AFFIRMS THAT IT HAS MADE ITS OWN INDEPENDENT INVESTIGATION, ANALYSIS AND EVALUATION OF THE TRANSACTIONS CONTEMPLATED
HEREUNDER AND THE ASSETS (INCLUDING BUYER&rsquo;S OWN ESTIMATE AND APPRAISAL OF THE EXTENT AND VALUE OF SELLER&rsquo;S HYDROCARBON RESERVES
ATTRIBUTABLE TO THE ASSETS AND AN INDEPENDENT ASSESSMENT AND APPRAISAL OF THE ENVIRONMENTAL RISKS AND CONDITIONS ASSOCIATED WITH THE ACQUISITION
OF THE ASSETS). BUYER ACKNOWLEDGES THAT IN ENTERING INTO THIS AGREEMENT,&nbsp;IT HAS RELIED ON THE AFOREMENTIONED INVESTIGATION AND THE
EXPRESS REPRESENTATIONS AND WARRANTIES OF SELLER CONTAINED IN THIS AGREEMENT AND THE DOCUMENTS TO BE DELIVERED BY SELLER AT CLOSING. BUYER
IRREVOCABLY COVENANTS TO REFRAIN FROM, DIRECTLY OR INDIRECTLY, ASSERTING ANY CLAIM, OR COMMENCING,&nbsp;INSTITUTING OR CAUSING TO BE COMMENCED,
ANY PROCEEDING OF ANY KIND AGAINST SELLER OR ITS AFFILIATES, ALLEGING FACTS CONTRARY TO THE FOREGOING ACKNOWLEDGMENT AND AFFIRMATION.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>OTHER
THAN AS AND TO THE LIMITED EXTENT EXPRESSLY REPRESENTED OTHERWISE IN <FONT STYLE="text-transform: uppercase"><I>Article&nbsp;VIII</I></FONT>,
SELLER HAS NOT AND WILL NOT MAKE ANY REPRESENTATION OR WARRANTY REGARDING ANY MATTER OR CIRCUMSTANCE RELATING TO ENVIRONMENTAL LAWS, THE
RELEASE OF HAZARDOUS SUBSTANCES INTO THE ENVIRONMENT OR THE PROTECTION OF HUMAN HEALTH, SAFETY, NATURAL RESOURCES OR THE ENVIRONMENT,
OR ANY OTHER ENVIRONMENTAL CONDITION OF THE ASSETS, AND NOTHING IN THIS AGREEMENT OR OTHERWISE SHALL BE CONSTRUED AS SUCH A REPRESENTATION
OR WARRANTY, AND SUBJECT TO BUYER&rsquo;S RIGHTS UNDER <FONT STYLE="text-transform: uppercase"><I>Article&nbsp;VI</I></FONT> AND BUYER&rsquo;S
RIGHTS UNDER THE R&amp;W INSURANCE POLICY FOR A BREACH OF SELLER&rsquo;S REPRESENTATIONS SET FORTH IN <FONT STYLE="text-transform: uppercase"><I>Article&nbsp;VIII</I></FONT>,
BUYER SHALL BE DEEMED TO BE OBTAINING THE ASSETS &ldquo;AS IS&rdquo; AND &ldquo;WHERE IS&rdquo; WITH ALL FAULTS FOR PURPOSES OF THEIR
ENVIRONMENTAL CONDITION AND THAT BUYER HAS MADE OR CAUSED TO BE MADE SUCH ENVIRONMENTAL INSPECTIONS OF THE ASSETS AS BUYER DEEMS APPROPRIATE.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(e)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>BUYER
ACKNOWLEDGES AND AGREES THAT, NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED IN THIS AGREEMENT, ABSENT FRAUD, FROM AND AFTER CLOSING,
THE BUYER INDEMNIFIED PARTIES&rsquo; SOLE AND EXCLUSIVE REMEDY AGAINST ANY SELLER INDEMNIFIED PARTIES WITH RESPECT TO THE NEGOTIATION,
PERFORMANCE AND CONSUMMATION OF THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE SALE OF THE ASSETS, ANY BREACH OF THE REPRESENTATIONS,
WARRANTIES, COVENANTS AND AGREEMENTS OF ANY SELLER INDEMNIFIED PARTIES CONTAINED HEREIN, THE AFFIRMATIONS OF SUCH REPRESENTATIONS, WARRANTIES,
COVENANTS AND AGREEMENTS CONTAINED IN THE SELLER CLOSING CERTIFICATE OR CONTAINED IN ANY OTHER TRANSACTION DOCUMENT DELIVERED HEREUNDER
BY OR ON BEHALF OF ANY SELLER INDEMNIFIED PARTIES ARE THE RIGHTS TO PROCEEDS OF THE R&amp;W INSURANCE POLICY.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(f)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>SELLER
AND BUYER AGREE THAT, TO THE EXTENT REQUIRED BY APPLICABLE LAW TO BE EFFECTIVE, THE DISCLAIMERS OF CERTAIN REPRESENTATIONS AND WARRANTIES
CONTAINED IN THIS <I>SECTION&nbsp;4.3</I> ARE &ldquo;<I>CONSPICUOUS</I>&rdquo; DISCLAIMERS FOR THE PURPOSE OF ANY APPLICABLE LAW.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(g)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>NOTHING
CONTAINED IN THIS AGREEMENT SHALL BE DEEMED TO LIMIT OR OTHERWISE PRECLUDE CLAIMS FOR FRAUD.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000"><B>Article&nbsp;V
</B></FONT><B><BR>
TITLE MATTERS; CASUALTY; TRANSFER RESTRICTIONS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>5.1</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Exclusive
Title Remedy</I></B><I>.</I> Subject to and without limiting Buyer&rsquo;s rights under the R&amp;W Insurance Policy (including in respect
of the representation in <I>Section&nbsp;8.17</I>) and without limiting Buyer&rsquo;s remedies for Title Defects set forth in this <I>Article&nbsp;V</I>
or Buyer&rsquo;s rights to terminate this Agreement pursuant to <I>Section&nbsp;13.1(f)&nbsp;</I>as a result of a failure of Seller to
satisfy the conditions set forth in <I>Section&nbsp;10.4, </I>Seller makes no warranty or representation, express, implied, statutory
or otherwise with respect to Seller&rsquo;s title to any of the Assets, and Buyer&rsquo;s sole and exclusive remedy with respect to all
matters related to title to any of the Assets (a)&nbsp;before Closing, shall be as set forth in <I>Section&nbsp;5.2</I> and (b)&nbsp;after
Closing, shall be pursuant to the R&amp;W Insurance Policy and Seller&rsquo;s special warranty of Defensible Title in the Instruments
of Conveyance. Seller shall warrant and defend Defensible Title to the Assets unto Buyer from and against every person whomsoever lawfully
claiming or to claim the Assets or any portion thereof by, through or under Seller and its Affiliates, but not otherwise, subject, however,
to the Permitted Encumbrances, <I>provided </I>that (i)&nbsp;such special warranty of Defensible Title shall be limited to, and only cover,
title matters first occurring during the one-year period prior to the Execution Date, (ii)&nbsp;such special warranty of Defensible Title
shall expire, and no claims may be permitted by Buyer thereunder, from and after the 12 month anniversary of the Closing Date, and (iii)&nbsp;Buyer&rsquo;s
recovery for a breach of the special warranty of Defensible Title shall not be subject to the Individual Title Defect Threshold or Defect
Deductible.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>5.2</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Notice
of Title Defects; Defect Adjustments</I></B>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Title
Defect Notices</U>. Buyer shall have the right, but not the obligation, to deliver, on or before 5:00 p.m.&nbsp;(Eastern Time) on January&nbsp;29,
2026 (the &ldquo;<B><I>Defect Notice Date</I></B>&rdquo;), claim notices to Seller meeting the requirements of this <I>Section&nbsp;5.2(a)</I>&nbsp;(collectively
the &ldquo;<B><I>Title Defect Notices</I></B>&rdquo; and individually a &ldquo;<B><I>Title Defect Notice</I></B>&rdquo;) setting forth
any matters which, in Buyer&rsquo;s reasonable opinion, constitute Title Defects and which Buyer intends to assert as Title Defects pursuant
to this <I>Section&nbsp;5.2.</I> For all purposes of this Agreement and notwithstanding anything herein to the contrary and without limitation
of Buyer&rsquo;s rights under the R&amp;W Insurance Policy and Seller&rsquo;s special warranty of Defensible Title in the Instruments
of Conveyance, Buyer shall be deemed to have waived, and Seller shall have no liability for, any Title Defect that Buyer fails to assert
as a Title Defect by a Title Defect Notice received by Seller on or before the Defect Notice Date. To be effective, each Title Defect
Notice shall be in writing and shall include (i)&nbsp;a reasonably detailed description of the alleged Title Defect, (ii)&nbsp;identification
of the Assets (including the Lease, Well or Well Pad Location) affected by such Title Defect (each such Asset or portion thereof, a &ldquo;<B><I>Title
Defect Property</I></B>&rdquo;), (iii)&nbsp;the Allocated Value of each Title Defect Property, (iv)&nbsp;supporting documents reasonably
necessary for Seller to identify and investigate the existence of such Title Defect, and (v)&nbsp;the amount by which Buyer reasonably
believes the Allocated Value of each Title Defect Property is reduced by such Title Defect and the computations upon which Buyer&rsquo;s
belief is based. To give Seller an opportunity to commence reviewing and curing Title Defects, Buyer agrees to use commercially reasonable
efforts to give Seller, on or before the end of each calendar week prior to the Defect Notice Date, written notice of all Title Defects
discovered by Buyer during the preceding calendar week, which notice may be preliminary in nature and supplemented prior to the Defect
Notice Date; <I>provided, however</I>, that Buyer&rsquo;s failure to provide such preliminary notice with respect to any Title Defect
shall not prejudice or restrict in any respect Buyer&rsquo;s right to subsequently assert such Title Defect in a Title Defect Notice on
or before the Defect Notice Date. Buyer shall also use commercially reasonable efforts to promptly furnish Seller with written notice
of any Title Benefit which is discovered by any of Buyer&rsquo;s or any of its Affiliate&rsquo;s employees, title attorneys, landmen or
other title examiners while conducting Buyer&rsquo;s due diligence with respect to the Assets prior to the Defect Notice Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Title
Benefit Notices</U>. Seller shall have the right, but not the obligation, to deliver to Buyer on or before the Defect Notice Date with
respect to each Title Benefit a notice (a &ldquo;<B><I>Title Benefit Notice</I></B>&rdquo;) setting forth (i)&nbsp;a description of the
alleged Title Benefit, (ii)&nbsp;identification of the Assets (include the Lease, Well or Well Pad Location) affected by such Title Benefit
(each such Asset or portion thereof, a &ldquo;<B><I>Title Benefit Property</I></B>&rdquo;), (iii)&nbsp;supporting documents reasonably
necessary for Buyer to identify and investigate the existence of such Title Benefit, (iv)&nbsp;the Allocated Value of each Title Benefit
Property and (v)&nbsp;the amount by which Seller reasonably believes the Allocated Value of such Assets is increased by the Title Benefit
and the computations upon which Seller&rsquo;s belief is based. Seller forever waives any Title Benefit not asserted by a Title Benefit
Notice meeting all of the requirements set forth in the preceding sentence in all material respects on or before 5:00 p.m.&nbsp;Eastern
Time on the Defect Notice Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Seller&rsquo;s
Right to Cure; Remedies for Title Defects</U>. Subject to Seller&rsquo;s continuing right to dispute the existence of a Title Defect and/or
the Title Defect Amount asserted with respect thereto pursuant to <I>Section&nbsp;5.2(h)</I>, and subject to the rights of the Parties
pursuant to <I>Section&nbsp;13.1(f)</I>&nbsp;as a result of the failure to satisfy the conditions in <I>Section&nbsp;10.4</I> or <I>Section&nbsp;11.4</I>,
Seller shall have the right, but not the obligation by giving written notice to Buyer of their election to cure prior to the Closing Date,
to attempt, at its sole cost, to cure at any time prior to the expiration of ninety (90) days following the Closing Date (the &ldquo;<B><I>Cure
Period</I></B>&rdquo;) any Title Defects of which it has been advised of by Buyer. In the event that any Title Defect timely asserted
by Buyer in accordance with <I>Section&nbsp;5.2(a)</I>&nbsp;is not waived in writing by Buyer or cured on or before the Closing Date,
then, subject to the Individual Title Defect Threshold and the Defect Deductible, Seller shall, at its sole option, elect to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>not
seek to cure such Title Defect and reduce the Purchase Price by the Title Defect Amount determined pursuant to <I>Section&nbsp;5.2(f)</I>&nbsp;or
<I>Section&nbsp;5.2(h)</I>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>convey
the Title Defect Property(ies) to Buyer at Closing and indemnify Buyer against all Liability resulting from such Title Defect with respect
to such Assets pursuant to an indemnity agreement prepared by Seller in form and substance reasonably satisfactory to Buyer; <I>provided</I>,
<I>however</I>, in each instance Seller may elect the option set forth in this <I>clause (ii)</I>&nbsp;only to the extent Buyer consents
in writing to be bound by and subject to such option (which such consent may be withheld, conditioned or delayed in Buyer&rsquo;s sole
discretion);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iii)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>if
the applicable Title Defect Amount of such Title Defect is equal to or greater than seventy-five percent (75%) of the Allocated Value
of such Title Defect Property, retain the entirety of the Title Defect Property that is subject to such Title Defect (together with all
other associated Assets pertaining to such Title Defect Property to the extent and only to the extent such other Assets would not be able
to operate in the ordinary course without the excluded Title Defect Property, which will become Excluded Assets), in which event the Purchase
Price shall be reduced by an amount equal to the Allocated Value of such Title Defect Property and such associated Assets; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iv)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>in
the event that Seller elects to cure any such Title Defect during the Cure Period, and (A)&nbsp;if Seller actually cures the Title Defect
(&ldquo;<B><I>Cure</I></B>&rdquo;) prior to the Closing, then the applicable Title Defect Property(ies) shall be conveyed to Buyer at
the Closing, and no Purchase Price adjustment will be made for such Title Defect; or (B)&nbsp;if Seller does not Cure the Title Defect
prior to the Closing, then, subject to Seller&rsquo;s continuing right to dispute the existence of a Title Defect and/or the Title Defect
Amount pursuant to <I>Section&nbsp;5.2(h)</I>, at Closing (1)&nbsp;Seller shall convey the Title Defect Property(ies) to Buyer; (2)&nbsp;Buyer
shall deposit the applicable Title Defect Amount(s)&nbsp;set forth in Buyer&rsquo;s Title Defect Notice (after taking into account, in
each case, the Individual Title Defect Threshold and the Defect Deductible and unless such amount netted from the Deposit is already in
the Escrow Account), into the defect escrow account established pursuant to the Escrow Agreement (the &ldquo;<B><I>Defect Escrow Account</I></B>&rdquo;);
and (3)&nbsp;if funded into the defect escrow account (as opposed to being netted from the Deposit already in the Escrow Account) such
amounts actually funded shall be credited against the payment to be made by Buyer at Closing in accordance with, and without duplication
of, <I>Section&nbsp;12.4(f)</I>. Within five (5)&nbsp;Business Days following (x)&nbsp;final Cure of such Title Defect or (y)&nbsp;the
expiration of the Cure Period, as applicable, Seller and Buyer shall execute and deliver a joint written instruction to the Escrow Agent
to release the applicable Title Defect Amount (or portion thereof) attributable to any Cure or partial Cure of such Title Defect to Seller,
and the remaining amount of such Title Defect Amount (if any) to Buyer, as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Remedies
for Title Benefits</U>. With respect to each Lease, Well and Well Pad Location affected by Title Benefits reported under <I>Section&nbsp;5.2(b)</I>,
if Buyer agrees with the existence of the Title Benefit and Seller&rsquo;s good faith estimate of the Title Benefit Amount, then as Seller&rsquo;s
sole and exclusive remedy for any such Title Benefits, the aggregate Title Defect Amount shall be offset by the amount equal to the increase
in the Allocated Value for such Asset caused by such Title Benefits (the &ldquo;<B><I>Title Benefit Amount</I></B>&rdquo;), as determined
pursuant to <I>Section&nbsp;5.2(g)</I>&nbsp;or <I>Section&nbsp;5.2(h)</I>. If a contested Title Benefit or the applicable Title Benefit
Amount cannot be resolved prior to the Closing, Seller shall convey the affected Asset to Buyer, and Buyer shall pay for the Asset at
the Closing in accordance with this Agreement as though such Title Benefits and Title Benefit Amounts are valid, and such matter shall
be submitted to arbitration in accordance with the procedures set forth in <I>Section&nbsp;5.2(h)</I>. For the avoidance of doubt, Title
Benefits shall never be applied to reduce or adjust the Purchase Price and shall only be applied to offset the aggregate Title Defect
Amount.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<!-- Field: Split-Segment; Name: 1 -->
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Title
Defect Amount</U>. The amount by which the Allocated Value of the affected Title Defect Property is reduced as a result of the existence
of a Title Defect shall be the &ldquo;<B><I>Title Defect Amount</I></B>&rdquo; and shall be determined in accordance with the following
terms and conditions:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;if
Buyer and Seller agree on the Title Defect Amount, then that amount shall be the Title Defect Amount;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;if
the Title Defect is an Encumbrance that is undisputed and liquidated in amount, then the Title Defect Amount shall be the amount necessary
to be paid to remove the Title Defect from the Title Defect Property;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;if
the Title Defect represents a discrepancy between (A)&nbsp;Seller&rsquo;s actual Net Acres for any Lease, and (B)&nbsp;Seller&rsquo;s
Net Acres for such Lease as set forth in <U>Exhibit&nbsp;G</U>, and Seller&rsquo;s Net Revenue Interest for such Lease is unchanged,
then the Title Defect Amount shall be the product obtained by multiplying the positive difference between such Net Acres amounts for
the applicable Lease by the Net Acre Allocation (on a per acre dollar amount) for such Lease;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;if
(A)&nbsp;the Title Defect represents a discrepancy between (1)&nbsp;Seller&rsquo;s Net Revenue Interest for any Lease, Well or Well Pad
Location and (2)&nbsp;Seller&rsquo;s Net Revenue Interest for such Lease, Well or Well Pad Location as set forth in <U>Exhibit&nbsp;G</U>,
and (B)&nbsp;Seller&rsquo;s Working Interest in such Lease, Well or Well Pad Location as set forth in <U>Exhibit&nbsp;G</U> is decreased
in the same proportion as such Net Revenue Interest decrease, then the Title Defect Amount shall be the product of (x)&nbsp;the Allocated
Value of such Title Defect Property <I>multiplied by</I> (y)&nbsp;a fraction, the numerator of which is the Net Revenue Interest decrease
in such Lease, Well or Well Pad Location, and the denominator of which is the Net Revenue Interest for such Lease, Well or Well Pad Location
as set forth in <U>Exhibit&nbsp;G</U>, as applicable;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;if
the Title Defect represents an obligation, Encumbrance upon or other defect in title to the Title Defect Property of a type not described
above, then the Title Defect Amount shall be determined by taking into account the Allocated Value of the Title Defect Property, the
portion of the Title Defect Property affected by the Title Defect, the legal effect of the Title Defect, the potential economic effect
of the Title Defect over the life of the Title Defect Property, the values placed upon the Title Defect by Buyer and Seller and such
other reasonable factors as are necessary to make a proper evaluation;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
Title Defect Amount with respect to a Title Defect Property shall be determined without duplication of any costs or losses included in
another Title Defect Amount hereunder;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;if
a Title Defect does not affect a Title Defect Property throughout the entire remaining productive life of such Title Defect Property,
such fact shall be taken into account in determining the Title Defect Amount; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(viii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;notwithstanding
anything to the contrary in this <I>Article&nbsp;V</I>, except with respect to Title Defects described in <I>Section&nbsp;5.2(e)(ii)</I>,
the aggregate Title Defect Amounts attributable to the effects of all Title Defects upon any single Title Defect Property shall not exceed
the Allocated Value of such Title Defect Property.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Title
Benefit Amount</U>. The Title Benefit Amount resulting from a Title Benefit shall be determined in accordance with the following methodology,
terms and conditions (without duplication):</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;if
Buyer and Seller agree on the Title Benefit Amount, then that amount shall be the Title Benefit Amount;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;if
the Title Benefit represents a discrepancy between (A)&nbsp;Seller&rsquo;s actual Net Acres for any Lease, and (B)&nbsp;Seller&rsquo;s
Net Acres for such Lease as set forth in <U>Exhibit&nbsp;G</U>, then the Title Benefit Amount shall be the product obtained by multiplying
the positive difference between such Net Acres amounts for the applicable Lease by the Net Acre Allocation (on a per acre dollar amount)
for such Lease;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;if
(A)&nbsp;the Title Benefit represents a discrepancy between (1)&nbsp;Seller&rsquo;s Net Revenue Interest for any Lease, Well or Well
Pad Location, and (2)&nbsp;Seller&rsquo;s Net Revenue Interest for such Lease, Well or Well Pad Location as set forth in <U>Exhibit&nbsp;G</U>
and (B)&nbsp;Seller&rsquo;s Working Interest in such Lease, Well or Well Pad Location is increased in the same proportion as such Net
Revenue Interest increase, then the Title Benefit Amount shall be the product of (x)&nbsp;the Allocated Value of the affected Lease,
Well or Well Pad Location <I>multiplied by</I> (y)&nbsp;a fraction, the numerator of which is the Net Revenue Interest increase in such
Lease, Well or Well Pad Location, and the denominator of which is the Net Revenue Interest for such Lease, Well or Well Pad Location
as set forth in <U>Exhibit&nbsp;G</U>; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;if
the Title Benefit is of a type not described above, then the Title Benefit Amounts shall be determined by taking into account the Allocated
Value of the Asset affected by such Title Benefit, the portion of such Asset affected by such Title Benefit, the legal effect of the
Title Benefit, the potential economic effect of the Title Benefit over the life of such Asset, the values placed upon the Title Benefit
by Buyer and Seller and such other reasonable factors as are necessary to make a proper evaluation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(g)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Title
Threshold and Deductible.</U> Notwithstanding anything to the contrary herein, (i)&nbsp;in no event shall there be any adjustments to
the Purchase Price or other remedies provided by Seller for any individual Title Defect for which the Title Defect Amount does not exceed
$100,000 (&ldquo;<B><I>Individual Title Defect Threshold</I></B>&rdquo;); and (ii)&nbsp;in no event shall there be any adjustments to
the Purchase Price or other remedies provided by Seller for any Title Defect that exceeds the Individual Title Defect Threshold unless
(A)&nbsp;the sum of (1)&nbsp;the Title Defect Amounts of all such Title Defects that exceed the Individual Title Defect Threshold (excluding
any Title Defects cured by Seller, after taking into account any offsetting Title Benefit Amounts), <I>plus</I> (2)&nbsp;all Remediation
Amounts of all Environmental Defects that exceed the Individual Environmental Defect Threshold (excluding any Environmental Defects Remediated
by Seller), <I>exceeds</I> (B)&nbsp;the Defect Deductible, after which point Buyer shall be entitled to adjustments to the Purchase Price
or other remedies only with respect to such Title Defects in excess of such Defect Deductible. Solely for the purposes of determining
whether or not the Title Defect Amount for any individual Title Defect exceeds the Individual Title Defect Threshold, if a single Title
Defect affects more than one Title Defect Property, the Individual Title Defect Threshold shall be applied individually to each affected
Title Defect Property. Solely for the purposes of determining whether or not the Title Defect Amount for any individual Title Defect
exceeds the Individual Title Defect Threshold, (x)&nbsp;the Title Defect Amount of all Title Defects applicable to any individual Title
Defect Property shall be aggregated for determining whether the Individual Title Defect Threshold has been met or exceeded (it being
the intent of the Parties to apply the Individual Title Defect Threshold on a Title Defect Property basis) and (y)&nbsp;to the extent
a single Title Defect arising from an Encumbrance for borrowed money directly affects more than one Asset, the Title Defect Amount for
the applicable Title Defect shall be considered to be the aggregate of the Title Defect Amount(s)&nbsp;attributable to all Assets affected
by such Title Defect, then the Title Defect Amount attributable to such Title Defect across all such Assets shall be taken into account
for purposes of determining whether such Title Defect exceeds the Individual Title Defect Threshold.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(h)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Notwithstanding
anything herein to the contrary, the Individual Title Defect Threshold and the Defect Deductible shall not apply to any recourse for
any claim made under this Agreement or under the special warranty of Defensible Title in the Instruments of Conveyance (including the
assertion of a Title Defect for such matter) that would constitute a breach of the representations in <I>Section&nbsp;8.17</I>, under
the special warranty of Defensible Title in the Instruments of Conveyance or the R&amp;W Insurance Policy.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Title
Dispute Resolution.</U> Seller and Buyer shall attempt to agree on all Title Defects, Title Benefits, Title Defect Amounts and Title
Benefit Amounts prior to Closing, or, if the applicable dispute relates to any Title Defect Property for which Seller has elected to
attempt to cure the alleged Title Defect(s)&nbsp;following Closing and prior to the expiration of the Cure Period, then prior to the
date that is ten (10)&nbsp;Business Days following the expiration of the Cure Period. If Seller and Buyer are unable to agree by Closing,
or, if the applicable dispute relates to any Title Defect Property for which Seller has elected to attempt to cure the alleged Title
Defect(s)&nbsp;following Closing and prior to the expiration of the Cure Period, (i)&nbsp;the Title Defects, Title Benefits, Title Defect
Amounts and Title Benefit Amounts in dispute (a &ldquo;<B><I>Title Disputed Matter</I></B>&rdquo;) shall be exclusively and finally resolved
pursuant to this <I>Section&nbsp;5.2(h)</I>, (ii)&nbsp;the Asset affected by such Title Disputed Matter shall nevertheless be conveyed
to Buyer at the Closing, provided that Seller reserves its rights to retains such Asset under <I>Section&nbsp;5.2(c)(iii)</I>&nbsp;above,
if applicable; (iii)&nbsp;with respect to Title Disputed Matters regarding Title Defects, at Closing, Buyer shall deposit the applicable
Title Defect Amount(s)&nbsp;(or the Allocated Value of any Asset retained pursuant to <I>Section&nbsp;5.2(c)(iii)</I>&nbsp;above) set
forth in Buyer&rsquo;s Title Defect Notice (after taking into account, in each case, the Individual Title Defect Threshold and the Defect
Deductible and unless such amount netted from the Deposit is already in the Escrow Account) (the &ldquo;<B><I>Disputed Title Amount</I></B>&rdquo;),
and if funded into the Defect Escrow Account (as opposed to being netted from the Deposit already in the Escrow Account) such amounts
actually funded shall be credited against the payment to be made by Buyer at Closing in accordance with, and without duplication of,
<I>Section&nbsp;12.4(f)&nbsp;</I>and (iv)&nbsp;with respect to Title Disputed Matters regarding Title Benefits, Buyer shall pay for the
affected Asset at the Closing in accordance with this Agreement as though there were no Title Benefits. There shall be a panel of three
(3)&nbsp;arbitrators, who shall be a title attorney with at least 10 years&rsquo; experience in oil and gas titles involving properties
in the regional area in which the Title Defect Properties are located. Within ten (10)&nbsp;days after the Closing, or, if the applicable
dispute relates to any Title Defect Property for which Seller has attempted to cure the alleged Title Defect(s)&nbsp;following Closing
and prior to the expiration of the Cure Period, within ten (10)&nbsp;days after the end of the Cure Period, each of Buyer and Seller
shall select one of arbitrator to serve on the panel and such selected arbitrators will select the third arbitrator to serve on the panel
(collectively, the &ldquo;<B><I>Title Arbitrators</I></B>&rdquo;). The Title Arbitrators must: (A)&nbsp;be neutral parties who have never
been an officer, director or employee of or performed material work for a Party or any Party&rsquo;s Affiliate or Pearl Entity or NGP
Entity within the preceding five-year period; and (B)&nbsp;agree in writing to keep strictly confidential the specifics and existence
of the dispute. The arbitration proceeding shall be held in Denver, Colorado. The Title Arbitrators&rsquo; determination shall be made
within fifteen (15) days after submission of the matters in dispute and shall be final and binding upon both Parties, without right of
appeal. In making his or her determination, the Title Arbitrators shall be bound by the rules&nbsp;set forth in <I>Section&nbsp;5.2(e)</I>&nbsp;and
<I>Section&nbsp;5.2(f)&nbsp;</I>and, subject to the foregoing, may consider such other matters as in the opinion of the Title Arbitrators
are necessary to make a proper determination. The Title Arbitrators, however, may not award (x)&nbsp;the Buyer a greater Title Defect
Amount than the Title Defect Amount claimed by Buyer in its applicable Title Defect Notice or (y)&nbsp;Seller a greater Title Benefit
Amount than the Title Benefit Amount claimed by Seller in its applicable Title Benefit. The Title Arbitrators shall act as experts for
the limited purpose of determining the specific disputed Title Defect, Title Benefit, Title Defect Amounts and/or Title Benefit Amounts
submitted by either Party and may not award damages, interest or penalties to either Party with respect to any matter. Seller and Buyer
shall each bear its own legal fees and other costs of presenting its case. The Title Arbitrators shall also clearly state which Party&rsquo;s
position that the Title Arbitrators found more persuasive in its decision making process. The fees, costs and expenses of the applicable
Title Arbitrators shall be borne by Seller, on the one hand, and by Buyer, on the other hand, based upon the percentage that the amount
not ultimately awarded to such Party by the Title Arbitrators bears to the amount actually contested by such Party with respect to all
applicable disputed matters. Within five Business Days after the Title Arbitrators deliver written notice to Buyer and Seller of his
or her award with respect to a Title Disputed Matter, Seller and Buyer shall execute and deliver a joint written instruction to the Escrow
Agent to release the applicable Disputed Title Amounts (or portion thereof) to Seller or Buyer, as applicable, in accordance with the
ruling of the Title Arbitrators. Subject to <I>Section&nbsp;13.1(f)</I>, nothing herein shall operate to cause Closing to be delayed
on account of any arbitration hereunder and to the extent any adjustments are not agreed upon by the Parties as of Closing, the affected
Assets shall be assigned to Buyer at Closing and the Purchase Price shall not be adjusted therefor as of Closing and subsequent adjustments
thereto, if any, will be made pursuant to <I>Section&nbsp;3.6</I> or this <I>Section&nbsp;5.2(h)</I>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>5.3&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Casualty
Loss</I></B>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Notwithstanding
anything herein to the contrary from and after the Effective Time, if Closing occurs, Buyer shall assume all risk of loss with respect
to production of Hydrocarbons through normal depletion (including watering out of any Well, collapsed casing or sand infiltration of
any Well) and the depreciation of the Wells and all Personal Property due to ordinary wear and tear, in each case, with respect to the
Assets. This <I>Section&nbsp;5.3 </I>shall be Buyer&rsquo;s sole remedy for any Casualty Loss.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;If,
after the Execution Date but prior to the Closing Date, any portion of the Assets is destroyed by fire or other casualty (each, a &ldquo;<B><I>Casualty
Loss</I></B>&rdquo;), Buyer shall nevertheless be required to close and Seller, at Closing, shall pay to Buyer all sums paid to Seller
by Third Parties by reason of such Casualty Loss insofar as with respect to the Assets and shall assign, transfer and set over to Buyer
or subrogate Buyer to all of Seller&rsquo;s right, title and interest (if any) in insurance claims, unpaid awards and other rights (in
each case) against Third Parties (excluding, for the avoidance of doubt, any Liabilities of or against any Seller Indemnified Parties)
arising out of such Casualty Loss insofar as with respect to the Assets; provided, however, that Seller shall reserve and retain (and
Buyer shall assign to Seller) all rights, title, interests and claims against Third Parties for the recovery of Seller&rsquo;s costs
and expenses incurred prior to Closing in pursuing or asserting any such insurance claims or other rights against Third Parties with
respect to any such Casualty Loss.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>5.4&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Preferential
Purchase Rights, Tag-Along Rights and Consents to Assign</I></B>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;With
respect to each holder of (i)&nbsp;a Preferential Right, (ii)&nbsp;a Consent, or (iii)&nbsp;any tag-along or drag-along right pertaining
to the Assets as a result of the transactions contemplated hereby, Seller shall, within five (5)&nbsp;Business Days following Execution
Date, send a notice (on forms reasonably acceptable to Buyer) seeking a waiver of such Preferential Right, tag-along or drag-along right
or such holder&rsquo;s Consent, as applicable, in accordance with the contractual provisions applicable to such right. In no event shall
Seller be required to incur any liability or pay any money in order to obtain any such waiver or Consent (unless consented to by Buyer
and Buyer agrees to incur such liability or pay such money). Buyer shall use commercially reasonable efforts to cooperate with Seller
in seeking to obtain such waivers of Preferential Rights, tag-along or drag-along rights and Consents; and will provide any collateral
or security to meet financial requirements expressly contemplated by or otherwise reasonably requested by counterparties, in each case,
in compliance with the terms of such instruments, in order to obtain Consents from such counterparties. If prior to Closing, Buyer or
Seller discover any (i)&nbsp;Preferential Right, (ii)&nbsp;Consent, or (iii)&nbsp;tag-along or drag-along right pertaining to the Assets
as a result of the transactions contemplated hereby that are not set forth on <U>Schedule 8.4</U> or <U>Schedule 8.10</U>, as applicable,
such Party shall promptly (but in any event within five (5)&nbsp;Business Days) after discovery provide written notice to Buyer of such
Preferential Right, Consent or tag-along or drag-along right, whereupon Seller shall promptly thereafter send the applicable notices
and waiver requests required under and in accordance with this <I>Section&nbsp;5.4</I>. Seller shall keep Buyer reasonably apprised of
the status of the Preferential Rights, Consents and tag-along or drag-along rights, including but not limited to notifying Buyer when
such notices are sent, received, exercised, waived or of any ongoing discussions related thereto with the holders of such Consents.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;If,
prior to Closing, any holder of a Preferential Right notifies Seller that it intends to consummate the purchase of the Assets to which
its Preferential Right applies, or the time for exercising a Preferential Right has not expired and such Preferential Right has not been
exercised or waived, then, in either case, those Assets subject to such Preferential Right shall be excluded from the Assets to be conveyed
to Buyer under this Agreement (together with all Assets directly relating thereto but only to the extent relating thereto), and the Purchase
Price shall be reduced by the Allocated Values of all such excluded Assets and in such event Seller shall be entitled to all proceeds
paid by any Person exercising such Preferential Right. If the holders of any such Preferential Right thereafter fails to consummate the
purchase of the Assets subject to such Preferential Right in accordance with the terms thereof, and within one hundred and twenty (120)
days following Closing the time for exercising such Preferential Right has expired and such Preferential Right has not been exercised,
or the Preferential Right has been waived, then, in each case, Buyer shall purchase, within ten (10)&nbsp;Business Days after such waiver
or expiration, such Asset(s)&nbsp;so excluded from Seller under the terms of this Agreement for the amount (if any) by which the Purchase
Price was reduced at Closing due to the exclusion of such Asset(s)&nbsp;(as such amount is appropriately adjusted in accordance to <I>Section&nbsp;3.3</I>
with respect to such Asset(s)), and Seller shall assign to Buyer such Asset(s)&nbsp;pursuant to an assignment in form substantially similar
to the Assignment.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;If
Seller fails to obtain a consent to the assignment of any Asset(s), prior to Closing and (i)&nbsp;the failure to obtain such consent
would cause the assignment of the Asset(s)&nbsp;affected thereby to Buyer to be void or voidable under the express terms of the applicable
instrument; (ii)&nbsp;such Consent is expressly denied in writing by the holder of the Consent; or (iii)&nbsp;there is provision within
the applicable instrument expressly stating that an assignment in violation thereof (A)&nbsp;triggers the payment of liquidated monetary
damages; or (B)&nbsp;causes or gives rise to the right of termination of the applicable Assets to be assigned, in each case, (each, a
 &ldquo;<B><I>Hard Consent</I></B>&rdquo;), then, in each such case, the affected Asset(s)&nbsp;(or portion thereof) shall be excluded
from the Assets to be acquired by Buyer at Closing hereunder and the Purchase Price shall be reduced by the Allocated Value of the Asset(s)&nbsp;so
excluded. Seller shall continue for a period of one hundred and twenty (120) days after Closing to use commercially reasonable efforts
to obtain the Hard Consent and in the event that a Hard Consent (with respect to any applicable Asset(s)&nbsp;excluded pursuant to this
<I>Section&nbsp;5.4(c)</I>) that was not obtained prior to Closing is obtained within one hundred and twenty (120) days following Closing,
then, Buyer shall purchase, within ten (10)&nbsp;Business Days after such Hard Consent is obtained, such Asset(s)&nbsp;so excluded from
Seller under the terms of this Agreement for the amount (if any) by which the Purchase Price was reduced at Closing due to the exclusion
of such Asset(s)&nbsp;(as such amount is appropriately adjusted in accordance to <I>Section&nbsp;3.3</I> with respect to such Asset(s)),
and Seller shall assign to Buyer such Asset(s)&nbsp;pursuant to an assignment form substantially similar to the Assignment or Deed.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Buyer
may, subject to Seller&rsquo;s agreement, elect for the Parties to cooperate with each other to agree upon documents to be delivered
at Closing that are designed to give to Buyer the benefit of the Asset (or portion thereof) so excluded pursuant to <I>Section</I>&nbsp;<I>5.4(c)</I>&nbsp;with
Buyer agreeing to be responsible for all of the Liabilities and Assumed Obligations associated therewith (including by way of Seller
holding title to such Asset in trust for Buyer or as otherwise mutually agreed) until the applicable Hard Consent is obtained.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;If
Seller fails to obtain any Consent prior to Closing that is not a Hard Consent, then (i)&nbsp;the Asset(s)&nbsp;subject to such un-obtained
consent shall be acquired by Buyer at Closing as part of the Assets, (ii)&nbsp;Buyer shall have no claim against, and hereby releases
and indemnifies the Seller Indemnified Parties from any Liability for, the failure to obtain such consent, and (iii)&nbsp;Buyer shall
be solely responsible from and after Closing for any and all Liabilities arising from the failure to obtain such consent.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;In
connection with consummating the transactions contemplated herein, Buyer shall comply with all tag-along, drag-along and other similar
rights of Third Parties by which the Assets are bound or by which Seller is bound in connection with the transactions contemplated herein
on the same terms and conditions as set forth herein to purchase the applicable Assets for a cash price determined based on the Allocated
Values ascribed thereto (proportionate to the applicable Third Party interest) and adjusted in accordance with the terms hereof, except,
in each case, as otherwise necessary to comply with the agreements providing for the tag-along, drag-along and other similar rights.
Seller agrees to cooperate with Buyer in effecting Buyer&rsquo;s purchase of any such interests or rights, if applicable.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>Article&nbsp;VI
</B></FONT><B><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><BR>
ENVIRONMENTAL MATTERS</FONT></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>6.1&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Notice
of Environmental Defects</I></B>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Environmental
Defect Notices</U>. If Buyer discovers any Environmental Condition which, in its reasonable opinion, Buyer determines constitutes an
Environmental Defect, Buyer shall use commercially reasonable efforts to promptly notify Seller of such discovery; <I>provided, however</I>,
that Buyer&rsquo;s failure to provide such preliminary notice shall not prejudice Buyer&rsquo;s right to assert an Environmental Defect
in an Environmental Defect Notice (as defined below) and, in any event, on or before the Defect Notice Date. To be effective, notice
of an Environmental Defect (an &ldquo;<B><I>Environmental Defect Notice</I></B>&rdquo;) shall be in writing and shall include (i)&nbsp;a
description of the Environmental Condition constituting the asserted Environmental Defect(s), including the GPS coordinates of such Environmental
Condition (when available), (ii)&nbsp;the Asset(s)&nbsp;(or portions thereof) affected by the asserted Environmental Defect (each, an
 &ldquo;<B><I>Environmental Defect Property</I></B>&rdquo;), (iii)&nbsp;documentation, including any physical measurements or, to the
extent permitted by Seller under <I>Section&nbsp;4.1</I>, lab analyses or photographs, sufficient for Seller to verify the existence
of the asserted Environmental Defect(s), (iv)&nbsp;if applicable, the Allocated Value of each Environmental Defect Property, (v)&nbsp;the
Remediation Amount (itemized in reasonable detail) that Buyer reasonably asserts is attributable to such Environmental Defect and the
computations and information upon which Buyer&rsquo;s belief is based, and (vi)&nbsp;the Environmental Law that is applicable to the
Environmental Defect and the alleged violation of or Liability under such Environmental Law. Buyer&rsquo;s calculation of the Remediation
Amount included in the Environmental Defect Notice must describe in reasonable detail the Remediation proposed for the Environmental
Condition that gives rise to the asserted Environmental Defect and identify any material assumptions used by the Buyer in calculating
the Remediation Amount, including the standards that Buyer asserts must be met to comply with Environmental Laws. For all purposes of
this Agreement, but except for Fraud and except for Buyer&rsquo;s rights to terminate this Agreement pursuant to <I>Article&nbsp;XIII
</I>and subject to Buyer&rsquo;s remedies under the R&amp;W Insurance Policy for a breach of Seller&rsquo;s representation contained
in <I>Section&nbsp;8.13</I>, Buyer shall be deemed to have waived, and Seller shall have no liability for, any Environmental Defect which
Buyer fails to assert as an Environmental Defect by an Environmental Defect Notice received by Seller on or before the Defect Notice
Date.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Seller&rsquo;s
Right to Cure</U>. Seller shall have the right, but not the obligation, to attempt, at its sole cost, to Remediate at any time prior
to Closing any Environmental Defects of which it has been advised by Buyer. If Seller has not Remediated such Environmental Defect prior
to Closing then, the Purchase Price as set forth in the Preliminary Settlement Statement shall be reduced by the Remediation Amount applicable
to such Environmental Defect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Remedies
for Environmental Defects</U>. Subject to Seller&rsquo;s continuing right to dispute the existence of an Environmental Defect and/or
the Remediation Amount asserted with respect thereto, and subject to the rights of the Parties pursuant to <I>Section&nbsp;13.1(f)&nbsp;</I>as
a result of the failure to satisfy the conditions in <I>Section&nbsp;10.4</I> or <I>Section&nbsp;11.4</I>, in the event that any Environmental
Defect timely asserted by Buyer in accordance with <I>Section&nbsp;6.1(a)</I>&nbsp;is not waived in writing by Buyer or Remediated prior
to Closing, then, subject to the Individual Environmental Defect Threshold and the Defect Deductible, Seller shall, at its sole option,
elect to:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;reduce
the Purchase Price by the Remediation Amount;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;in
the event the Remediation Amount equals or exceeds seventy-five percent (75%) of the Allocated Value of the relevant Environmental Defect
Property, retain the entirety of the Environmental Defect Property that is subject to such Environmental Defect, together with all associated
Assets, in which event the Purchase Price shall be reduced by an amount equal to the Allocated Value of such Environmental Defect Property
and such associated Assets (without application of the Individual Environmental Defect Threshold or the Defect Deductible); or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;indemnify
Buyer against all Liability resulting from such Environmental Defect with respect to the Environmental Defect Property pursuant to an
indemnity agreement in form and substance reasonably satisfactory to the Parties;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>provided,
however</I>, in each instance Seller may elect the option set forth in <I>clause (iii)</I>&nbsp;above only to the extent Buyer consents
in writing to be bound by and subject to such option (such consent to be granted or withheld in Buyer&rsquo;s sole and absolute discretion).
If Seller elects the option set forth in <I>clause (i)</I>&nbsp;above, Buyer shall be deemed to have assumed responsibility for all of
the costs and expenses attributable to the Remediation of the Environmental Condition attributable to such Environmental Defect and such
responsibility of Buyer shall be deemed to constitute part of the Assumed Obligations hereunder.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Exclusive
Remedy</U>. Except for Fraud, as provided in R&amp;W Insurance Policy for a breach of Seller&rsquo;s representations and warranties set
forth in <I>Article&nbsp;VIII</I>, and Buyer&rsquo;s rights to terminate this Agreement pursuant to <I>Section&nbsp;13.1(f)&nbsp;</I>as
a result of a failure of Seller to satisfy <I>Section&nbsp;10.4</I>, the provisions set forth in <I>Section&nbsp;6.1(c)&nbsp;</I>shall
be the exclusive right and remedy of Buyer with respect to any Environmental Defect with respect to any Asset.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Environmental
Threshold and Deductible</U>. Notwithstanding anything to the contrary herein, (i)&nbsp;in no event shall there be any adjustments to
the Purchase Price or other remedies provided by Seller for any individual Environmental Defect for which the Remediation Amount does
not exceed $300,000 (&ldquo;<B><I>Individual Environmental Defect Threshold</I></B>&rdquo;); and (ii)&nbsp;in no event shall there be
any adjustments to the Purchase Price or other remedies provided by Seller for any Environmental Defect for which the Remediation Amount
exceeds the Individual Environmental Defect Threshold unless (A)&nbsp;the sum of (1)&nbsp;the Remediation Amounts of all such Environmental
Defects that exceed the Individual Environmental Defect Threshold (excluding any Environmental Defects Remediated by Seller), <I>plus</I>
(2)&nbsp;the Title Defect Amount of all such Title Defects that exceed the Individual Title Defect Threshold (excluding any Title Defects
cured by Seller), <I>exceeds</I> (B)&nbsp;the Defect Deductible, after which point Buyer shall be entitled to adjustments to the Purchase
Price or other remedies only with respect to such Environmental Defects in excess of the Defect Deductible. Solely for the purposes of
determining whether or not the Remediation Amount for any individual Environmental Defect exceeds the Individual Environmental Defect
Threshold, if a single Environmental Defect affects more than one Environmental Defect Property, the Individual Environmental Defect
Threshold shall be applied individually to each affected Environmental Defect Property.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Environmental
Dispute Resolution</U>. Seller and Buyer shall attempt to agree on all Environmental Defects and Remediation Amounts prior to Closing.
If Seller and Buyer are unable to agree by Closing, (i)&nbsp;the Environmental Defects and/or Remediation Amount in dispute (an &ldquo;<B><I>Environmental
Disputed Matter</I></B>&rdquo;) shall be exclusively and finally resolved by arbitration pursuant to this <I>Section&nbsp;6.1(f)</I>,
(ii)&nbsp;the Asset affected by such Environmental Defect shall nevertheless be conveyed to Buyer at Closing, <I>provided</I> that Seller
reserves its rights to retain such Asset under <I>Section&nbsp;6.1(c)(ii)</I>&nbsp;above, if applicable; (iii)&nbsp;at Closing, Buyer
shall deposit an amount equal to the Remediation Amount set forth in the Environmental Defect Notice (or the Allocated Value of any Asset
retained pursuant to <I>Section&nbsp;6.1(c)(ii)</I>&nbsp;above) for such contested Environmental Defect for such Asset (the &ldquo;<B><I>Disputed
Environmental Amount</I></B>&rdquo;), after taking into account the Individual Environmental Defect Threshold and the Defect Deductible,
into the Defect Escrow Account pending final resolution of such contested Environmental Defect; and (iv)&nbsp;the Purchase Price shall
be reduced by the Defect Escrow Amount in accordance with <I>Section&nbsp;12.4(f)</I>. There shall be a panel of three (3)&nbsp;arbitrators,
who shall be a title attorney with at least ten (10)&nbsp;years&rsquo; experience in oil and gas titles involving properties in the regional
area in which the Environmental Defect Properties are located. Within ten (10)&nbsp;days after the Closing, each of Buyer and Seller
shall select one of arbitrator to serve on the panel and such selected arbitrators will select the third arbitrator to serve on the panel
(collectively, the &ldquo;<B><I>Environmental Arbitrators</I></B>&rdquo;). The Environmental Arbitrators must: (i)&nbsp;be neutral parties
who have never been an officer, director or employee of or performed material work for a Party or any Party&rsquo;s Affiliate or Pearl
Entity or NGP Entity within the preceding five-year period; and (ii)&nbsp;agree in writing to keep strictly confidential the specifics
and existence of the dispute. The arbitration proceeding shall be held in Denver, Colorado. The Environmental Arbitrators&rsquo; determination
shall be made within fifteen (15) days after submission of the matters in dispute and shall be final and binding upon both Parties, without
right of appeal. In making his or her determination, the Environmental Arbitrators shall be bound by the rules&nbsp;set forth in this
<I>Section&nbsp;6.1 </I>and, subject to the foregoing, may consider such other matters as in the opinion of the Environmental Arbitrators
are necessary or helpful to make a proper determination. The Environmental Arbitrators, however, may not award Buyer any greater Remediation
Amount than the Remediation Amount claimed by Buyer in its applicable Environmental Defect Notice. The Environmental Arbitrators shall
act as experts for the limited purpose of determining the specific Environmental Disputed Matter submitted by either Party and may not
award damages, interest or penalties to either Party with respect to any matter. Seller and Buyer shall each bear its own legal fees
and other costs of presenting its case. The Environmental Arbitrators shall also clearly state which Party&rsquo;s position that the
Environmental Arbitrators found more persuasive in its decision making process, and the costs and expenses of the Environmental Arbitrators
shall be borne by Seller, on one hand, and by Buyer, on the other hand, based upon the percentage that the amount not ultimately awarded
to such Party by the Environmental Arbitrators bears to the amount actually contested by such Party with respect to all applicable Environmental
Disputed Matters. Within 10 days after the Environmental Arbitrators deliver written notice to Buyer and Seller of his or her award with
respect to an Environmental Disputed Matter, Seller and Buyer shall execute and deliver a joint written instruction to the Escrow Agent
to release the applicable Disputed Environmental Amounts (or portion thereof) to Seller or Buyer, as applicable. Subject to <I>Section&nbsp;13.1(f)</I>,
nothing herein shall operate to cause Closing to be delayed on account of any arbitration hereunder and to the extent any adjustments
are not agreed upon by the Parties as of Closing, the affected Assets shall by assigned to Buyer at Closing and the Purchase Price shall
not be adjusted therefor as of Closing and subsequent adjustments thereto, if any, will be made pursuant to <I>Section&nbsp;3.6</I> or
this <I>Section&nbsp;6.1</I>.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>6.2&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;NORM,
Wastes and Other Substances</I></B><I>.</I> Buyer acknowledges that the Assets have been used for exploration, development, production,
gathering and transportation of oil and gas and there may be petroleum, produced water, wastes or other substances or materials located
in, on or under the Assets or associated with the Assets. Equipment and sites included in the Assets may contain asbestos, NORM or other
Hazardous Substances. NORM may affix or attach itself to the inside of wells, pipelines, materials and equipment as scale, or in other
forms. The wells, materials and equipment located on the Assets or included in the Assets may contain NORM and other wastes or Hazardous
Substances. NORM containing material and/or other wastes or Hazardous Substances may have come in contact with various environmental
media, including, water, soils or sediment. Special procedures may be required for the assessment, remediation, removal, transportation
or disposal of environmental media, wastes, asbestos, NORM and other Hazardous Substances from the Assets. For the avoidance of doubt,
no Environmental Condition involving the presence of asbestos or NORM shall constitute the basis of an Environmental Defect, except to
the extent such presence of asbestos or NORM independently represents a current violation of Environmental Laws as of the Defect Notice
Date.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>Article&nbsp;VII
</B></FONT><B><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><BR>
CERTAIN AGREEMENTS</FONT></B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>7.1&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Conduct
of Business</I></B>.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Except
(u)&nbsp;for any actions taken to comply with applicable Laws or to comply with the terms of any Leases, Permits or Material Contracts,
(v)&nbsp;for operations conducted in order to maintain any Lease, (w)&nbsp;as set forth in the ordinary course development plan and budget
set forth on <U>Schedule&nbsp;7.1</U>, or as otherwise set forth on <U>Schedule&nbsp;7.1</U>, (x)&nbsp;for the operations covered by
the AFEs described in <U>Schedule 8.12</U>, (y)&nbsp;as required in the event of an emergency to protect life, property or the environment,
and (z)&nbsp;as expressly contemplated by this Agreement or as expressly consented to in writing by Buyer (which consent shall not be
unreasonably delayed, withheld or conditioned and shall be considered granted five days (unless a shorter time is reasonably required
by the circumstances and such shorter time is specified in Seller&rsquo;s notice) after delivery of notice from Seller to Buyer requesting
such consent, unless Buyer notifies Seller to the contrary during such five day period), Seller shall, from and after the Execution Date
until Closing:</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;subject
to interruptions resulting from force majeure, mechanical breakdown and planned maintenance, in each case, operate those Assets that
are operated by Seller or its Affiliates in the usual, regular and ordinary manner consistent with past practice, in each case, except
for any Asset that terminates in accordance with its terms or the termination or relinquishment of any Asset due to the failure to drill
a well or conduct any other activity for the exploration for, and/or development and/or production of, Hydrocarbons within a certain
time period, including or pursuant to any continuous drilling obligation provisions in the Leases, Applicable Contracts and Laws;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;maintain,
or use commercially reasonable efforts to cause the applicable Third Party operators to maintain, all material Permits;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;not
voluntarily reduce or terminate any existing insurance of Seller, to the extent relating to the Assets, in any material respect (unless
replaced with a substantially comparable insurance policy);</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;keep
Buyer reasonably apprised of any drilling, re-drilling or completion operations proposed or conducted by Seller with respect to the Assets;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;promptly,
but in any event within the earlier of (A)&nbsp;three (3)&nbsp;Business Days following Seller&rsquo;s Knowledge thereof and (B)&nbsp;the
Closing Date, notify Buyer of any Proceedings, or, to Seller&rsquo;s Knowledge, threatened in writing against Seller, that pertain to
the Assets or the transactions contemplated by this Agreement, or any actual or threatened Casualty Loss;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;furnish
Buyer with copies of all drilling, completion and workover AFEs that Seller receives after the Execution Date which will be binding on
the Assets after the Effective Time, in each case, in excess of $500,000 from any Third Parties or upon issuance by Seller or any Affiliate
of Seller; and</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;maintain
the books, accounts and Records relating to the Assets in the usual, regular and ordinary manner and in accordance with the usual accounting
practices of Seller.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Except
(u)&nbsp;for any actions taken to comply with applicable Laws or to comply with the terms of any Leases, Permits or Material Contracts,
(v)&nbsp;for operations conducted in order to maintain any Lease, (w)&nbsp;as set forth in the ordinary course development plan and budget
set forth on <I>Schedule&nbsp;7.1</I>, or as otherwise set forth on <I>Schedule&nbsp;7.1</I>, (x)&nbsp;for the operations covered by
the AFEs described in <I>Schedule 8.12</I>, (y)&nbsp;as required in the event of an emergency to protect life, property or the environment,
and (z)&nbsp;as expressly contemplated by this Agreement or as expressly consented to in writing by Buyer (which consent shall not be
unreasonably delayed, withheld or conditioned and shall be considered granted five days (unless a shorter time is reasonably required
by the circumstances and such shorter time is specified in Seller&rsquo;s notice) after delivery of notice from Seller to Buyer requesting
such consent, unless Buyer notifies Seller to the contrary during such five day period), Seller shall not, from and after the Execution
Date until Closing:</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;(A)&nbsp;execute
or enter into an Applicable Contract that, if executed or entered into on or prior to the Execution Date, would have been a Material
Contract and required to be listed on <I>Schedule&nbsp;8.8(a)</I>, or (B)&nbsp;terminate, cancel (unless the term thereof expires pursuant
to the provisions existing therein) or extend or amend or modify the terms of any Material Contract, except contracts terminable by Seller
with notice of sixty (60) days or less without penalty (excluding, in each case, for the avoidance of doubt, any Contracts as are reasonably
necessary to conduct the operations in the ordinary course development plan attached as <I>Schedule 7.1</I> in the ordinary course of
business);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;terminate,
cancel (unless the term thereof expires pursuant to the provisions existing therein), materially amend, extend or surrender any rights
under any Lease or Right-of-Way; <I>provided</I> that Seller shall be permitted to (A)&nbsp;amend any Lease to increase its pooling authority,
(B)&nbsp;secure or acquire Lease renewals or extensions and/or necessary Rights-of-Way where the cost thereof would not exceed $1,000,000
in the aggregate, or (C)&nbsp;amend, extend or surrender any rights under any Lease or Right-of-Way in connection with settlement of
any claims made by any landowner or lessor or providing any cure for any Title Defect or Remediation of any Environmental Defect for
which Seller is responsible for such costs;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;subject
to <I>Section&nbsp;7.1(e)</I>, propose, commit to or approve, or elect participate in, or to be a non-consenting party with respect to
(except to the extent that Buyer has denied consent to participate in an operation for which Buyer&rsquo;s consent is required pursuant
to this <I>Section&nbsp;7.1</I>) any individual AFE or similar request received by Seller for any Asset that is not operated by Seller
or any of its Affiliates (other than those required to be approved under the terms of any Material Contract) which would reasonably be
estimated to require expenditures in excess of $500,000 (net to Seller&rsquo;s interest);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;not
commence or propose any single operation with respect to any of the Assets that Seller or any of its Affiliates operates which would
reasonably be estimated to require expenditures in excess of $500,000 (net to Seller&rsquo;s interest), except for any emergency operations;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;institute
any Proceeding, or enter into, or offer to enter into, any compromise, release or settlement of any Proceeding pertaining to the Assets,
or waive or release any right of Seller, for which the amount in controversy is reasonably expected to be in excess of $500,000 (net
to Seller&rsquo;s interest); <I>provided</I>, <I>however</I>, this <I>Section&nbsp;7.1(b)(v)&nbsp;</I>shall not restrict or prohibit
Seller from compromising or settling any Proceeding where such settlement involves only the payment of money by Seller that would not
be binding on Buyer or the Assets after Closing and for or which Buyer will not be responsible via Purchase Price adjustment and does
not involve any admission of any breach, violation of Law or other Liabilities;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;voluntarily
abandon any Asset (except as required pursuant to the terms of a Lease, Permit, Material Contract or applicable Law) or voluntarily relinquish
its position as operator to anyone other than Buyer (or Buyer&rsquo;s designee) with respect to any of the Assets operated by Seller
or any Affiliate thereof;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;knowingly
and intentionally waive any material right or claim with respect to any of the Assets other than any matter that would be permitted pursuant
to <I>Section&nbsp;7.1(b)(v)</I>;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(viii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;permanently
plug or abandon any Well located on the Assets unless required by applicable Law or Applicable Contract or any applicable Lease;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ix)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;(A)&nbsp;amend,
refile or otherwise modify, or cause or permit to be amended, refiled or otherwise modified, any Tax Return filed with respect to the
Antero-QL Tax Partnership or (ii)&nbsp;except as otherwise required by this Agreement, make (except in a manner consistent with past
practice), change or revoke any other material Tax election or change any accounting method with respect to the Antero-QL Tax Partnership;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(x)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;grant
or create any Preferential Right or Consent with respect to the Assets;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(xi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;(A)&nbsp;modify,
extend, terminate or enter into any Labor Agreement or certify any labor union, labor organization, works council, employee representative
or group of employees as the bargaining representative for any Business Employees; (B)&nbsp;implement or announce any employee layoffs,
furloughs, reductions in force, plant closings, material reductions in compensation or other similar actions with respect to any Business
Employees; (C)&nbsp;waive or release any noncompetition, nonsolicitation, nondisclosure or other restrictive covenant obligation of any
current or former Business Employee; or (D)&nbsp;reassign the duties of a Business Employee such that he or she is no longer a Business
Employee; or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(xii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;commit
to do any of the foregoing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Without
expanding any obligations which Seller may have to Buyer, it is expressly agreed that Seller shall never have any liability to Buyer
with respect to any breach or failure of <I>Section&nbsp;7.1(a)(i)</I>&nbsp;or <I>Section&nbsp;7.1(a)(ii)</I>&nbsp;with respect to physical
operations on the Assets conducted by Seller to the extent such operations are expressly permitted, required or approved by Buyer pursuant
to this <I>Section&nbsp;7.1</I> greater than that which it might have as the operator to a non-operator under the applicable operating
agreement (or, in the absence of such an agreement, under the AAPL 610 (1989 Revision) form Operating Agreement),&nbsp;IT BEING RECOGNIZED
THAT, UNDER SUCH AGREEMENTS AND SUCH FORM, THE OPERATOR IS NOT RESPONSIBLE FOR ITS OWN NEGLIGENCE, AND HAS NO RESPONSIBILITY OTHER THAN
FOR ITS GROSS NEGLIGENCE OR WILLFUL MISCONDUCT.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Buyer
acknowledges Seller owns undivided interests in certain of the properties comprising the Assets that it is not the operator thereof,
and Buyer agrees that the acts or omissions of the other Working Interest owners (including the operators) who are not Seller or any
Affiliates of Seller shall not constitute a breach of the provisions of this <I>Section&nbsp;7.1</I>, nor shall any action required by
a vote of Working Interest owners constitute such a breach so long as Seller has voted its interest in a manner that complies with the
provisions of this <I>Section&nbsp;7.1</I>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;With
respect to any AFE received by Seller for any Asset that is not operated by Seller or any of its Affiliates (other than those required
to be approved under the terms of any Applicable Contract) that is estimated to cost in excess of $500,000 (net to Seller&rsquo;s interest),
and excluding any AFE set forth on <U>Schedule 8.12</U>, Seller shall forward such AFE to Buyer as soon as is reasonably practicable
(but no later than two Business Days after receipt of such AFE) and thereafter the Parties shall consult with each other regarding whether
or not Seller should elect to participate in such operation. Buyer agrees that it will (i)&nbsp;timely respond to any written request
for consent pursuant to this <I>Section&nbsp;7.1(e)</I>&nbsp;and <I>Section&nbsp;7.1(b)(iii)</I>, and (ii)&nbsp;consent to any written
request for approval of any AFE or similar request that Buyer reasonably considers to be economically viable. In the event the Parties
are unable to agree within five days (unless a shorter time is reasonably required by the circumstances and the applicable joint operating
agreement and such shorter time is specified in Seller&rsquo;s request for consent delivered to Buyer) of Buyer&rsquo;s receipt of any
consent request as to whether or not Seller should elect to participate in such operation, then Seller shall be required to elect to
participate in such operation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Notwithstanding
the foregoing provisions of this <I>Section&nbsp;7.1</I>, in the event of an emergency, Seller may take such action as reasonably necessary
and shall notify Buyer of any such emergency and related action as soon as reasonably practicable. Notwithstanding anything to the contrary
in this Agreement, the Parties agree that all requests for approval for any action restricting Seller&rsquo;s conduct of business pursuant
this <I>Section&nbsp;7.1</I> shall be directed to Spencer Booth (at [ *********** ]) on behalf of Buyer.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>7.2&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Governmental
Bonds</I></B><I>.</I> Buyer acknowledges that none of the bonds, letters of credit, guarantees and other surety instruments, if any,
posted by Seller or its Affiliates with Governmental Authorities and relating to the Assets are transferable to Infinity, including the
Ohio statewide operator bond. At or prior to the Closing,&nbsp;Infinity shall obtain replacements for those bonds, letters of credit,
guarantees and other surety instruments described on <U>Schedule 7.2</U>. At Closing,&nbsp;Infinity shall use commercially reasonable
efforts to cause the cancellation of the bonds, letters of credit, guarantees and other surety instruments described on <U>Schedule 7.2</U>
posted by Seller and/or its Affiliates with respect to the Assets. In addition, at or prior to Closing,&nbsp;Infinity shall deliver to
Seller evidence of the posting of bonds, letters of credit, guarantees and other surety instruments with all applicable Governmental
Authorities meeting the requirements of such authorities to own and, where appropriate, operate, the Assets. From and after the Closing,
if Infinity fails to obtain replacements of the bonds, letters of credit, guarantees and other surety instruments described on <U>Schedule
7.2</U> or fails to cause the cancellation of the bonds, letters of credit, guarantees and other surety instruments described on <U>Schedule
7.2</U> posted by Seller and/or its Affiliates with respect to the Assets, then, in each case,&nbsp;Infinity shall defend, indemnify,
hold harmless and forever release the Seller Indemnified Parties from and against any and all Liabilities arising out of, based upon,
attributable to or resulting from Infinity&rsquo;s (or its Affiliates&rsquo;) failure to obtain any such bonds, letters of credit, guarantees
and other surety instruments.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>7.3&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Record
Retention</I></B><I>.</I> Buyer, for a period of seven (7)&nbsp;years following Closing, will (a)&nbsp;retain the Records, (b)&nbsp;provide
Seller, its Affiliates and its and their officers, employees and representatives, at the reasonable request of Seller, with access to
the Records during normal business hours with reasonable advance written notice to Buyer for review and copying at Seller&rsquo;s expense,
and (c)&nbsp;provide Seller, its Affiliates and its and their officers, employees and representatives with access, during normal business
hours with reasonable advance written notice to Buyer to materials received or produced after Closing relating to any indemnity claim
made under <I>Section&nbsp;14.2</I> for review and copying at Seller&rsquo;s expense, in each case of <I>(b)</I>&nbsp;or <I>(c)</I>,
except to the extent not already retained by Seller in accordance with this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>7.4&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Amendment
of Schedules</I></B>. Buyer agrees that, with respect to the representations and warranties of Seller contained in this Agreement, Seller
shall have the continuing right until Closing to add, supplement or amend the Schedules to its representations and warranties with respect
to any matter first arising following the Execution Date which, if existing at the Execution Date or thereafter, would have been required
to be set forth or described in such Schedules. For purposes of determining whether the conditions set forth in &lrm;<U>Article&nbsp;X</U>
have been fulfilled, the Schedules to Seller&rsquo;s representations and warranties contained in this Agreement shall be deemed to include
only that information contained therein on the Execution Date and shall be deemed to exclude all information contained in any addition,
supplement or amendment thereto; provided, however, that if Closing shall occur, then all matters disclosed pursuant to any such addition,
supplement or amendment at or prior to Closing shall be waived and Buyer shall not be entitled to make a claim with respect thereto pursuant
to the terms of this Agreement or otherwise.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>7.5&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Assumed
Litigation</I></B><I>.</I> As soon as practicable following Closing, but in any event within thirty (30) days following Closing, subject
to <I>Section&nbsp;7.16</I> and <I>Section&nbsp;14.3</I>, Buyer shall take over and assume the defense of the litigation set forth on
<U>Schedule 7.5</U> and the environmental matters set forth on <U>Schedule 8.13</U> (but excluding the Retained Consent Decree Obligations,
which is addressed in <U>Section&nbsp;7.16</U> below) (collectively, the &ldquo;<B><I>Assumed Litigation</I></B>&rdquo;). From and after
Closing, Seller shall use its commercially reasonable efforts to assist Buyer in the orderly transition of the defense of the Assumed
Litigation to Buyer and otherwise assist Buyer in defending against the Assumed Litigation, in each case at Buyer&rsquo;s sole expense.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>7.6&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;HSR
Act</I></B><I>.</I> No later than twenty-five (25) Business Days following the Execution Date, each of Buyer and Seller shall, and shall
cause their respective Affiliates to (a)&nbsp;make or cause to be made the filings required of such Party or any of its Affiliates under
any Laws with respect to the transactions contemplated by this Agreement, including the HSR Act (to the extent applicable) and to pay
any fees due of it in connection with such filings, as promptly as is reasonably practicable, and in any event within twenty-five (25)
Business Days following the Execution Date (<I>provided </I>that Buyer shall bear all fees due in connection with all filings pursuant
to the HSR Act), (b)&nbsp;cooperate with the other Party and furnish all information in such Party&rsquo;s possession that is necessary
in connection with such other Party&rsquo;s filings, (c)&nbsp;use commercially reasonable efforts to cause the expiration of the notice
or waiting periods under the HSR Act and any other Laws with respect to the transactions contemplated by this Agreement as promptly as
is reasonably practicable, (d)&nbsp;promptly inform the other Party of any communication from or to, and any proposed understanding or
agreement with, any Governmental Authority in respect of such filings, (e)&nbsp;consult and cooperate with the other Party in connection
with any analyses, appearances, presentations, memoranda, briefs, arguments and opinions made or submitted by or on behalf of any Party
in connection with all meetings, actions and proceedings with Governmental Authorities relating to such filings, (f)&nbsp;respond appropriately,
as promptly as reasonably practicable, to any requests received by such Party or any of its Affiliates under the HSR Act and any other
Laws for additional information, documents or other materials, (g)&nbsp;use commercially reasonable efforts to resolve any objections
as may be asserted by any Governmental Authority with respect to the transactions contemplated by this Agreement, and (h)&nbsp;use commercially
reasonable efforts to contest and resist any action or proceeding instituted (or threatened to be instituted) by any Governmental Authority
challenging the transactions contemplated by this Agreement as violative of any Law. If a Party intends to participate in any meeting
with any Governmental Authority with respect to such filings, it shall give the other Party reasonable prior notice of, and an opportunity
to participate in, such meeting to the extent allowed by Law. Notwithstanding anything to the contrary in this <I>Section&nbsp;7.6</I>
or otherwise, no Party shall be required to, or shall be required to cause its Affiliates to (and each Party shall not, and shall not
agree to, without the other Party&rsquo;s prior written consent) sell, divest, hold separate, license, relinquish, otherwise dispose
of, or agree to any limitation on its freedom of action, ownership, or control with respect to any assets, businesses, properties, or
interests in or of any Person, or agree or consent to any of the foregoing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>7.7&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;R&amp;W
Insurance Policy</I></B><I>.</I> The Parties acknowledge and agree that, as of or prior to the Execution Date, Buyer has procured the
R&amp;W Conditional Binder in connection with the R&amp;W Insurance Policy. Following the Execution Date, Buyer shall use commercially
reasonable efforts to satisfy the conditions set forth in the R&amp;W Conditional Binder to cause the R&amp;W Insurance Policy to be
issued on the terms and in the form attached hereto as <U>Exhibit&nbsp;J</U> as soon as reasonably practicable following the Closing,
including payment of all costs of such R&amp;W Insurance Policy. Seller agrees to use commercially reasonable efforts to cooperate with
Buyer, at Buyer&rsquo;s sole cost and expense, in its efforts to satisfy the conditions set forth in the R&amp;W Conditional Binder,
including providing such information, data, Records, or other reasonable information reasonably requested by the underwriters of such
R&amp;W Insurance Policy. Buyer will ensure that the terms of the R&amp;W Insurance Policy provide that, after the Closing Date: (a)&nbsp;the
R&amp;W Insurer irrevocably waives and otherwise shall not pursue any claim or other right against any of the Seller Indemnified Parties
by way of subrogation, claim for contribution, indemnification or otherwise; (b)&nbsp;the Seller Indemnified Parties are express third-party
beneficiaries of such waiver of subrogation provisions; and (c)&nbsp;the R&amp;W Insurance Policy shall not be amended, restated, modified
or otherwise revised in any manner or respect adverse to the Seller Indemnified Parties without Seller&rsquo;s prior written consent
at Seller&rsquo;s sole discretion. Buyer shall provide Seller with a true and complete copy of the final and issued R&amp;W Insurance
Policy as soon as reasonably practicable following the Closing. The Parties acknowledge and agree that any failure by Buyer to obtain
or maintain the R&amp;W Insurance Policy in accordance with this <I>Section&nbsp;7.7</I> shall not in any manner increase any liability
of the Seller Indemnified Parties under this Agreement, including if (x)&nbsp;the R&amp;W Insurance Policy is disputed, invalidated or
deemed ineffective, in whole or in part, or (y)&nbsp;the coverage provided under the R&amp;W Insurance Policy is denied, disputed, exhausted
or otherwise made unavailable to Buyer or its Affiliates, in whole or in part. For the avoidance of doubt, the Parties acknowledge and
agree that (i)&nbsp;the procurement by Buyer of the R&amp;W Insurance Policy is not a condition to Closing and (ii)&nbsp;all costs and
expenses with respect to obtaining the R&amp;W Insurance Policy, including the total premium, underwriting costs, Taxes, brokerage commission,
and other costs and expenses of such policy, will be borne by solely Buyer.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>7.8&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Replacement
of Insurance</I></B><I>.</I> The Parties understand that none of the insurance currently maintained by Seller or its Affiliates covering
the Assets will be transferred to Buyer. Promptly following the Closing, Buyer shall obtain, or cause to be obtained, in the name of
Buyer, such insurance covering the Assets as would be obtained by a reasonably prudent operator in a similar situation and as required
under all Leases, Rights-of-Way and Applicable Contracts.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>7.9&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Successor
Operator</I></B>. While Infinity acknowledges that it desires to succeed Seller (or any Affiliates thereof) as operator of those Assets
or portions thereof that Seller (or any Affiliates thereof) may presently operate,&nbsp;Infinity acknowledges and agrees that Seller
cannot and does not covenant or warrant that Infinity shall become successor operator of such Assets because the Assets or portions thereof
may be subject to operating or other agreements that control the appointment of a successor operator. Seller agrees, however, that, as
to the Assets it (or any of its Affiliates) operates, Seller shall use its commercially reasonable efforts to support Infinity&rsquo;s
(or its applicable Affiliate&rsquo;s) efforts to become successor operator of such Assets (to the extent permitted under any applicable
joint operating agreement or other applicable agreement) effective as of Closing (at Infinity&rsquo;s sole cost and expense for amounts
that Infinity consents to in writing) and to designate and/or appoint, to the extent legally possible and permitted under any applicable
joint operating agreement or other applicable agreement,&nbsp;Infinity (or its applicable Affiliate) as successor operator of such Assets
effective as of Closing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>7.10&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Notifications</I></B><I>.</I>
If, prior to Closing, Buyer obtains Knowledge that Seller has materially breached a representation, warranty, covenant, obligation or
other agreement under this Agreement, then Buyer, as applicable, shall promptly inform Seller of such breach so that Seller may attempt
to remedy or cure such breach prior to Closing. If any of Seller&rsquo;s representations or warranties are untrue or shall become untrue
between the Execution Date and the Closing Date, or if any of Seller&rsquo;s covenants or agreements to be performed or observed prior
to or on the Closing Date shall not have been so performed or observed, and if such breach of representation, warranty, covenant or agreement
shall be cured by the Closing (at Seller&rsquo;s sole cost, risk and expense), then such breach shall be considered not to have occurred
for all purposes of this Agreement. Between the Execution Date and the Closing Date, Buyer and Seller shall use their respective commercially
reasonable efforts to cause the conditions in Article<I>&nbsp;X</I> and <I>Article&nbsp;XI</I> to be satisfied.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>7.11&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Cooperation
with Financing</I></B>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Prior
to the Closing and at such Buyer&rsquo;s sole expense, Seller shall, and shall use commercially reasonable efforts to cause its Affiliates
and representatives with appropriate seniority and expertise to, cooperate with Buyer in connection with the arrangement of the Debt
Financing as may be reasonably requested by any Buyer with prior notice to Seller (<I>provided</I> that, such requested cooperation does
not (x)&nbsp;unreasonably interfere with the ongoing operations of Seller, (y)&nbsp;cause any representation or warranty in this Agreement
to be breached or (z)&nbsp;cause any condition in this Agreement to fail to be satisfied, and <I>provided further</I> that, the scope
and nature of financial and other information to be provided by Seller is addressed exclusively in the following <I>clause (iii)</I>),
including using commercially reasonable efforts to:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;participate
at reasonable times in a reasonable number of meetings, drafting sessions and rating agency and due diligence sessions, in each case,
upon reasonable advance notice;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;cooperate
with the due diligence efforts of Buyer, the Debt Financing Sources and any other prospective investors or lenders involved in the Debt
Financing;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;furnish
(x)&nbsp;the Required Information, (y)&nbsp;other customary financial, reserves, and other pertinent information (including asset schedules,
lease operating statements, production reports, title information, reserve reports and other similar information) regarding the Assets
and Seller as shall exist and is not already publicly available to Buyer and is reasonably requested by any Buyer for use in connection
with any marketing of the Debt Financing; provided that, for the avoidance of doubt, Seller shall not be required to provide, and Buyer
shall be solely responsible for, (A)&nbsp;the preparation of pro forma financial statements (except for reasonable assistance as described
in (iv)&nbsp;immediately below), (B)&nbsp;all marketing materials and other documents used in connection with any proposed Debt Financing,
and (C)&nbsp;any description of all or any component of the Debt Financing, including any such description to be included in any liquidity
or capital resources disclosure or any &ldquo;description of notes&rdquo;; in each case, for the avoidance of doubt, other than any financial,
reserve or other pertinent information reasonably necessary for Buyer to prepare such pro forma financial statements or descriptions
and (z)&nbsp;customary authorization letters to the Debt Financing Sources, authorizing the distribution of information to prospective
lenders or investors and other financing sources;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;provide
reasonable assistance with (and provide reasonably requested information for) any Buyer&rsquo;s preparation (A)&nbsp;of pro forma financial
statements of such Buyer of the type necessary or reasonably requested by the Debt Financing Source to be included in any marketing materials
in respect of (and customary for debt financings similar to) the Debt Financing; provided, that for the avoidance of doubt, Seller shall
not be required to provide, and Buyer shall be solely responsible for the preparation of, such pro forma financial statements and (B)&nbsp;of
customary materials for offering prospectuses, offering memoranda, bank information memoranda, marketing materials, rating agency presentations
and similar documents;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;cause,
and take all reasonably requested actions to permit (including delivering customary authorization and representation letters) the present
independent accountants and reserve engineers for Seller to provide reasonable assistance to Buyer in connection with the Debt Financing
consistent with their customary practice (including providing accountants&rsquo; and reserve engineers&rsquo; comfort letters and consents
from such independent accountants and reserve engineers to the extent required by the Debt Financing and participating in customary due
diligence calls in connection therewith);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;take
all reasonably requested actions to assist in the preparation of one or more credit agreements, indentures, purchase agreements, pledge
and security documents and other definitive documentation, in each case, as of or reasonably prior to the Closing and as may be reasonably
required by any Buyer and to use commercially reasonable efforts to deliver drafts of the Lien Releases to Buyer at least three (3)&nbsp;Business
Days prior to the Closing Date; <I>provided</I> that any obligations and releases of liens contained in all such agreements, documents
and related certificates and instruments shall be subject to and conditioned upon the occurrence of the Closing, will be effective no
earlier than the Closing, and if this Agreement is terminated prior to Closing, shall terminate automatically and concurrently with the
termination of this Agreement; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;furnish
Buyer and its lenders or other Debt Financing Sources promptly (and in any event at least four (4)&nbsp;Business Days prior to the Closing
Date) with all documentation and other information required by regulatory authorities under applicable &ldquo;know your customer&rdquo;
and anti-money laundering rules&nbsp;and regulations, including without limitation, the PATRIOT Act, and requested by the Debt Financing
Sources in writing at least nine (9)&nbsp;Business Days prior to the Closing Date;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>provided</I>
that, notwithstanding anything in this Agreement to the contrary, none of Seller or its directors, officers, managers, members, employees,
stockholders, representatives and Affiliates shall (1)&nbsp;be required to pay any commitment or other similar fee or reimburse any expenses
prior to the Closing for which it has not received prior reimbursement by or on behalf of the Buyer, (2)&nbsp;have any liability or obligation
under any financing document or give or agree to give any indemnities in connection therewith, (3)&nbsp;be required to take any action
that will conflict with or violate any Laws or that could reasonably be expected to result in a violation or breach of, or default under,
this Agreement or any material contract to which Seller or its Affiliates is a party or (4)&nbsp;be required to provide (A)&nbsp;pro
forma financial information, including pro forma cost savings, synergies, capitalization or other pro forma adjustments desired to be
incorporated into any pro forma financial information, (B)&nbsp;any financial statements or information that are not available to Seller
and not prepared in the ordinary course of the Seller&rsquo;s financial reporting practice, other than the Required Information, (C)&nbsp;any
description of all or any component of the Debt Financing (including any such description to be included in any liquidity or capital
resources disclosure or any &ldquo;description of notes&rdquo;), or (D)&nbsp;projections, risk factors or other forward-looking statements
relating to all or any component of the Debt Financing (which items (A)&nbsp;through (D)&nbsp;shall be the sole responsibility of the
Buyer), (5)&nbsp;be required to (A)&nbsp;pass resolutions or consents, approve or authorize the execution of, or execute any document,
agreement, certificate or instrument (other than customary authorization and representation letters) or take any other corporate action
with respect to the Debt Financing or (B)&nbsp;provide or cause its legal counsel to provide any legal opinions. Seller shall not be
required to make any representation, warranty or certification with respect to the Debt Financing (other than with respect to customary
authorization and representation letters) or (6)&nbsp;unreasonably interfere with the ongoing business operations of the Seller and its
Affiliates.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Seller
hereby consents to the use of its and its subsidiaries&rsquo; trademarks, trade names and logos in connection with the Debt Financing;
<I>provided</I>, that such trademarks, trade names and logos are used solely in a manner that is not intended, or reasonably likely,
to harm or disparage Seller or the reputation or goodwill of Seller.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Seller
agrees, subject to the terms of the Confidentiality Agreement, that: (i)&nbsp;Buyer and its Affiliates may initiate contact with and
pursue and provide the information contemplated by <I>Section&nbsp;7.11(a)&nbsp;</I>to Debt Financing Sources in connection with the
Debt Financing and the transactions contemplated by this Agreement; and (ii)&nbsp;Buyer and its Affiliates may initiate contact with
their lenders and provide the information contemplated by <I>Section&nbsp;7.11(a)</I>, in each case, in connection with the transactions
contemplated hereunder. Upon the earlier of the Closing and the termination of this Agreement in accordance with its terms, Buyer shall
promptly reimburse Seller and its Representatives for all reasonable, documented and invoiced out-of-pocket costs and expenses (including
reasonable, documented and invoiced out-of-pocket attorneys&rsquo; fees) incurred by such Persons in connection with any cooperation
contemplated by this <I>Section&nbsp;7.11</I>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
applicable Buyer shall indemnify and hold harmless each of Seller and its Affiliates and its and their respective Representatives from
and against any and all losses and other liabilities suffered or incurred by any of them in connection with the arrangement and preparation
of the Debt Financing of such Buyer and any information used in connection therewith, in each case other than as a result of fraud or
willful misconduct by or on behalf of such Person or Representative.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Notwithstanding
anything to the contrary contained in this Agreement, none of Seller&rsquo;s or any of its Affiliates&rsquo; performance under this <I>Section&nbsp;7.11</I>
shall be taken into account with respect to whether any condition to Closing set forth in <I>Article&nbsp;XI </I>shall have been satisfied,
other than with respect to the willful and intentional breach by Seller or any of its Affiliates.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>7.12&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Financial
Information</I></B>. From and after the Execution Date until (i)&nbsp;if the Closing occurs prior to January&nbsp;1, 2026, the date on
which Annual Report on Form&nbsp;10-K for the fiscal year ended December&nbsp;31, 2026 of Infinity Natural Resources,&nbsp;Inc. and NOG,
as applicable, shall be due or (ii)&nbsp;if the Closing does not occur prior to January&nbsp;1, 2026, the date on which Annual Report
on Form&nbsp;10-K for the fiscal year ended December&nbsp;31, 2027 of Infinity Natural Resources,&nbsp;Inc. and NOG, as applicable, shall
be due (the &ldquo;<B><I>Records Period</I></B>&rdquo;), in the event Buyer is required (including, for the avoidance of doubt, in the
Current Report on Form&nbsp;8-K to be filed in connection with the Closing and in any registration statement or proxy statement) to separately
include financial or oil and gas reserves information, including pro forma financial statements and SMOG Information, associated with
the Assets in documents filed with the SEC pursuant to the Securities Act or the Exchange Act, or as customarily included in offering
documentation for private or public offerings of debt or equity securities, Seller agrees to use commercially reasonable efforts to make
available, upon reasonable request, to Buyer and its Affiliates and their representatives any and all books, records, information and
documents to the extent that such are attributable to the Assets and in Seller&rsquo;s or its Affiliates&rsquo; possession or control
and to which Seller and its Affiliates&rsquo; personnel have reasonable access, in each case, as reasonably required by Buyer, its Affiliates
and their representatives in order to prepare such financial or oil and gas reserves information, including pro forma financial statements
and SMOG Information, in connection with such filings or offerings, provided that, such activities do not unreasonably interfere with
the affairs of Seller and its Affiliates and that Buyer shall be solely responsible for any costs or expenses associated therewith, including,
for the avoidance of doubt, any such costs and expenses associated with the storage and maintenance of records for the foregoing purposes.
During the Records Period, Seller shall use commercially reasonable efforts to cause its accountants, reserve engineers, counsel, agents
and other Third Parties to <B><I>(a)</I></B>&nbsp;cooperate with Buyer and its representatives in connection with the provision of information
necessary for the preparation by Buyer of any such financial or oil and gas reserves information that is required to be included in any
filing or offering documentation by Buyer or its Affiliates, and <B><I>(b)</I></B>&nbsp;provide customary consents and comfort letters
as Buyer may reasonably request in connection with such filing or offering documentation; provided, in each case, that Buyer shall be
solely responsible for any costs or expenses associated therewith. During the Records Period, if the Closing has not occurred prior to
January&nbsp;1, 2026, if requested by the Buyer, the Seller shall provide to Buyer and its Affiliates no later than February&nbsp;28,
2026 (i)&nbsp;audited financial statements in respect of the Assets for the year ended December&nbsp;31, 2025, or, if permitted by Regulation
S-X Rule&nbsp;3-05(f)(2), only audited statements of revenues and expenses for the year ended December&nbsp;31, 2025 and (ii)&nbsp;a
reserve report relating to the Assets as of December&nbsp;31, 2025 prepared or audited by an independent petroleum engineering firm;
provided, that such information and data regarding Seller shall be of the type and in the form required by and compliant in all material
respects with Regulation S-X and Regulation S-K under the Securities Act for offerings of securities on a registration statement on Form&nbsp;S-1
under the Securities Act. Buyer shall indemnify and hold harmless Seller, its Affiliates and their respective officers, directors, accountants,
reserve engineers, counsel, agents and other Third Parties from and against any and all liabilities, losses or damages suffered or incurred
by Seller or such other parties in connection with the obligations of Seller, its Affiliates and their respective officers, directors,
accountants, reserve engineers, counsel, agents and other Third Parties under Section&nbsp;7.11 and this Section&nbsp;7.12 (other than
with respect to any actions of Seller that constitute Fraud in the performance of their obligations under Section&nbsp;7.11 and this
Section&nbsp;7.12 as determined by a court of competent jurisdiction in a final and non-appealable judgment and, in the event of such
determination with respect to a Person, such Person being obligated to reimburse Buyer for amounts expended by Buyer in connection with
the defense of such Person). Notwithstanding anything to the contrary contained in this Agreement, none of Seller&rsquo;s or any of its
Affiliates&rsquo; performance under this Section&nbsp;7.12 shall be taken into account with respect to whether any condition to Closing
set forth in Article&nbsp;XI shall have been satisfied.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>7.13&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Buyer
Financing.</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;From
the Execution Date until the Closing Date (or, if earlier, the date this Agreement is terminated pursuant to <I>Section&nbsp;13.1</I>),&nbsp;Infinity
shall use commercially reasonable efforts to take, or cause to be taken, all actions and do, or cause to be done, as promptly as reasonably
practicable, all things necessary to consummate the Debt Financing to fund the Funding Requirements on the Closing Date. In furtherance
of and not in limitation of the foregoing,&nbsp;Infinity shall use commercially reasonable efforts to: (i)&nbsp;satisfy, or cause to
be satisfied, on a timely basis (or obtain the waiver of) all conditions to Infinity obtaining the Debt Financing within its control
set forth in the Debt Commitment Letter that are to be satisfied by Infinity on or prior to the Closing Date; (ii)&nbsp; negotiate and
enter into definitive agreements with respect to the Debt Financing on the terms (unless otherwise acceptable to Infinity) and conditions
no less favorable to Infinity and its Affiliates than those contemplated by the Debt Commitment Letter (including any related &ldquo;market
flex&rdquo; provisions) or on other terms (not related to conditionality) that are reasonably acceptable to the Debt Financing Sources
(such definitive agreements with respect to the Debt Financing, the &ldquo;<B><I>Debt Financing Agreements</I></B>&rdquo;); (iii)&nbsp;maintain
in effect the Debt Commitment Letter through the consummation of the Closing (or, if earlier, the date this Agreement is terminated pursuant
to Section&nbsp;13.1), subject to any amendments, modifications, consents or waivers thereto or replacements thereof permitted by this
Agreement; and (iv)&nbsp;in the event that all conditions precedent to the funding of the Debt Financing in the Debt Commitment Letter
have been satisfied or waived (or upon funding will be satisfied), consummate the Debt Financing at or prior to the time the Closing
is required to occur pursuant to Section&nbsp;12.1 (to the extent necessary to fund Infinity&rsquo;s Buyer Pro Rata Share of the Adjusted
Purchase Price and other amounts due by Infinity at the Closing).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Infinity
shall promptly notify Seller in writing (A)&nbsp;of any material breach or default (or any event or circumstance that, with or without
notice, lapse of time or both, would reasonably be expected to result in a material breach or default) by any party to the Debt Commitment
Letter or other Debt Financing Agreement of which Infinity becomes aware, (B)&nbsp;if and when Infinity becomes aware that any portion
of the Debt Financing contemplated by the Debt Commitment Letter may not be available for the Funding Requirements in an amount sufficient
to consummate the Closing on the Closing Date, and (C)&nbsp;of the receipt of any written notice or other written communication from
any Debt Financing Source with respect to any actual material breach, default, termination or repudiation by any party to the Debt Commitment
Letter; provided that, with respect to foregoing clauses (A)&nbsp;through (C), in no event shall Infinity be under any obligation to
deliver or disclose any information that would reasonably be expected to waive the protection of attorney-client privilege or similar
legal privilege or breach any duty of confidentiality. Without limiting the foregoing,&nbsp;Infinity shall upon reasonable request keep
Seller informed on a reasonably current basis in reasonable detail of material developments concerning the Financing. If any material
portion of the Financing becomes unavailable on the terms and conditions contemplated in the Debt Commitment Letter (after taking into
account &ldquo;market flex&rdquo; terms),&nbsp;Infinity shall use commercially reasonable efforts to arrange and obtain alternative financing
for any such unavailable portion from the same or alternative sources (&ldquo;Alternative Financing&rdquo;), in an amount that is sufficient,
when taken together the available portion of the Financing and other sources of funds available to Infinity and its Affiliates, to consummate
the transactions contemplated by this Agreement and to pay the Funding Requirements and the provisions of this <I>Section&nbsp;7.13</I>
shall be applicable to the Alternative Financing, and, for the purposes of Section&nbsp;7.11 and this <I>Section&nbsp;7.13</I>, all references
to the Debt Financing shall be deemed to include such Alternative Financing and all references to the Debt Commitment Letter or other
Debt Financing Agreements shall include the applicable corresponding documents for the Alternative Financing); provided, that in no event
will Infinity be required to (x)&nbsp;agree to any terms that are, in the sole discretion of Infinity, less favorable in any material
respect to Infinity and its Affiliates than those set forth in the Debt Commitment Letter in effect on the date hereof or (y)&nbsp;pay
any fees, original issue discount, interest or other economics, as applicable, or agree to any prepayment premium or call protection,
in each case, in excess of those contemplated by the Debt Commitment Letter. Infinity shall promptly provide a true, correct and complete
copy of each Alternative Financing commitment letter and any related fee letter(s)&nbsp;to Seller (provided that the provisions of such
fee letter(s)&nbsp;may be related solely to fees, economic terms and &ldquo;market flex&rdquo; provisions agreed to by the parties may
be redacted (none of which redacted provisions could reasonably be expected to impose additional conditions or contingencies on the availability
of the Financing at the Closing)). Infinity shall not permit, without the prior written consent of Seller, any material amendment or
modification to be made to, or any termination, rescission or withdrawal of, or any material waiver of any provision or remedy under,
the Debt Commitment Letter (including the Fee Letter), in each case, that would reasonably be expected to (x)&nbsp;reduce the aggregate
amount of the cash proceeds of the Financing thereunder (including by changing the amount of fees to be paid or original issue discount
thereof (except as set forth in any &ldquo;market flex&rdquo; provisions in the Fee Letter)) available to be funded on the Closing Date
to an amount less than the amount required for Infinity to consummate the transactions contemplated hereby at the Closing or (y)&nbsp;impose
any new or additional condition, or otherwise amend, modify or expand any condition, to the receipt of any portion of the Debt Financing
in a manner that would reasonably be expected to (i)&nbsp;materially delay or prevent the Closing Date or make the funding of the Debt
Financing materially less likely to occur or (ii)&nbsp;adversely impact the ability of Infinity to enforce its rights against any other
party to the Debt Commitment Letter; provided, that notwithstanding anything to the contrary herein, no consent from Seller or any other
party hereto shall be required for (1)&nbsp;any amendment, restatement, amendment and restatement, replacement, supplement, or other
modification of, or waiver or consent under the Debt Commitment Letter that is limited to adding lenders, lead arrangers, bookrunners,
syndication agents, or similar entities that have not executed the Debt Commitment Letter as of the date of this Agreement (including
in replacement of a Financing Source thereunder) or (2)&nbsp;implementation or exercise of any &ldquo;market flex&rdquo; provision.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>7.14&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Capacity
Side Letter</I></B>.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Simultaneous
with the execution and delivery of this Agreement, Antero Resources and Infinity shall execute and deliver to one another the Capacity
Side Letter, substantially in the form attached hereto as <U>Exhibit&nbsp;U</U> (the &ldquo;<U>Capacity Side Letter</U>&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;On
or prior to December&nbsp;20, 2025, Antero Resources shall (i)&nbsp;file the Petition for Waiver (as defined in the Capacity Side Letter)
with FERC, and (ii)&nbsp;submit the Release Letter (as defined in the Capacity Side Letter) to REX (as defined in the Capacity Side Letter),
in each case, as provided in the Capacity Side Letter.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>7.15&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;NOG
JDA</I></B>. Conditional upon the occurrence of Closing, Antero Resources hereby (i)&nbsp;expressly waives any restrictions that may
apply under that certain Joint Development Agreement dated December&nbsp;11, 2024, by and between Antero Resources Corporation and NOG
(the &ldquo;<B><I>NOG JDA</I></B>&rdquo;), to the transactions contemplated by this Agreement and the Transaction Documents, and (ii)&nbsp;expressly
waives its rights under Sections 6.2(a)(ii), 6.2(a)(iii)&nbsp;and 6.2(b)(ii)&nbsp;of the NOG JDA, and any other &ldquo;area of mutual
interest&rdquo; or other restrictive rights under the NOG JDA solely as they apply to the OH AMI as defined therein, it being the intent
of Antero Resources and NOG that NOG&rsquo;s acquisition and ownership of oil and gas interests in Ohio following the Closing Date be
unburdened by the NOG JDA.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>7.16&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Consent
Decree Obligations</I></B>.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;From
and after the Execution Date, and until such time as the Consent Decree is executed in substantially the same form as set forth on <U>Exhibit&nbsp;T</U>,
Seller shall negotiate the Consent Decree in good faith and shall execute the Consent Decree a final form that does not result in material
changes to Buyer&rsquo;s compliance obligations necessary to comply with the terms, conditions, and obligations as found in the draft
Consent Decree as set forth on <U>Exhibit&nbsp;T</U>. Seller shall keep Buyer reasonably apprised of the status of the negotiations and
will promptly provide Buyer with copies of any documents or communications with respect to the Consent Decree (including drafts of the
Consent Decree). In the event that the Consent Decree deviates in any material respect from the form of the Consent Decree as set forth
on <U>Exhibit&nbsp;T</U>, Seller shall give Buyer the opportunity for prior review and comment prior to execution of such Consent Decree.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Paragraph
4 of the Consent Decree will provide that Seller may only transfer, in whole or in part, its Consent Decree obligations if the transferee
agrees to undertake the obligations required by Sections V of the Consent Decree (excluding, for the avoidance of doubt, Subsection V.K
(Environmental Mitigation Projects), which shall remain Seller&rsquo;s sole responsibility) and to be substituted for the &ldquo;Defendant&rdquo;
under the Consent Decree, and the United States consents to relieve Seller of its obligations under the Consent Decree, in each case,
solely with respect to the Ohio Facilities (as defined in the Consent Decree). Buyer agrees to cooperate with Seller in all commercially
reasonably respects to prepare for Seller&rsquo;s delivery to DOJ and EPA as provided in the Consent Decree one or more instruments providing
(i)&nbsp;notice of the prospective transfer of ownership of the Assets subject to the Consent Decree to Buyer and (ii)&nbsp;a demonstration
of Buyer&rsquo;s financial and technical ability to comply with the outstanding, uncompleted and ongoing obligations of Section&nbsp;V
of the Consent Decree (collectively, the &ldquo;<B><I>Consent Decree Acknowledgement</I></B>&rdquo;). Seller shall submit the relevant
portions of this Agreement simultaneously with the Consent Decree Acknowledgement to DOJ and EPA promptly after the Execution Date and
at least thirty (30) days prior to the Closing Date. From and after Closing and until such time as the Consent Decree Court has approved
a motion to substitute Buyer for Seller as the &ldquo;Defendant&rdquo; and terminating Seller&rsquo;s obligations and responsibilities
under the Consent Decree with regard to the Ohio Facilities as contemplated by this <I>Section&nbsp;7.16(b)</I>, Seller shall comply
with the terms and conditions of the Consent Decree and Buyer shall reasonably cooperate with Seller as required in preparing any reports,
notices, certifications or submissions required under the Consent Decree, including by making reasonably available to Seller such properties,
information, documentation, personnel and Third Party contractors as reasonably necessary for the same; <I>provided</I> that Seller shall
not be relieved of its Liability under the Consent Decree with respect to the Ohio Facilities unless and until the Consent Decree Court
approves such motion.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Buyer
agrees to reasonably cooperate with Seller in preparing a proposed joint motion to DOJ and EPA, requesting that the Consent Decree Court
substitute Buyer for Seller as the &ldquo;Defendant&rdquo; and terminate Seller&rsquo;s obligations and responsibilities under the Consent
Decree with respect to the Ohio Facilities effective on the Closing Date (or, if the Consent Decree has not yet been executed, promptly
after the Consent Decree is executed), which joint motion shall be jointly filed with the Consent Decree Court within ninety (90) days
after Buyer executes the Consent Decree Acknowledgement. If agreement cannot be reached with DOJ and EPA within such ninety (90) day
period, Buyer and Seller shall seek resolution of such disagreement in accordance with Section&nbsp;X (Dispute Resolution) of the Consent
Decree.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;If
the Consent Decree Court has not approved such motion substituting Buyer for Seller as the &ldquo;Defendant&rdquo; and terminating Seller&rsquo;s
obligations and responsibilities under the Consent Decree with regard to the Ohio Facilities prior to Closing, then:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;to
the extent the Consent Decree has been executed by Closing, following Closing, Seller shall not amend or modify the Consent Decree in
any manner that would materially increase Buyer&rsquo;s obligations or burdens under the requirements found in the draft Consent Decree
as set forth on <U>Exhibit&nbsp;T</U>, other than to request termination of the Consent Decree as to Seller as contemplated by <I>Section&nbsp;7.16(b)</I>&nbsp;or,
in the event the request pursuant to <I>Section&nbsp;7.16(b)</I>&nbsp;is not accepted or approved by the relevant Governmental Authorities,
without the prior written consent of Buyer;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;to
the extent the Consent Decree has not executed by Closing, Seller shall keep Buyer reasonably apprised of the status of the negotiations
and will promptly provide Buyer with copies of any documents or communications with respect to the Consent Decree (including updated
drafts of the Consent Decree). In the event that the Consent Decree deviates in any material respect from the form of the Consent Decree
as set forth on <U>Exhibit&nbsp;T</U>, Seller shall give Buyer the opportunity for prior review and comment prior to execution of such
Consent Decree; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;as
between Buyer and Seller, (A)&nbsp;Seller shall be responsible for all fines, monetary penalties (including civil penalties and stipulated
penalties) imposed on, or capital improvements required by, Seller, its Affiliates or the Assets by any Governmental Authority to the
extent relating to pre-Closing compliance with, or any pre-Closing violations of, the Consent Decree by Seller or any of its Affiliates,
including with respect to such matters as may be discovered during the process for the transfer of the Consent Decree as described in
this <I>Section&nbsp;7.16</I> and (B)&nbsp;without limitation of the foregoing clause (A), solely with respect to the Ohio Facilities,
Buyer shall be responsible at and after Closing for all (i)&nbsp;fines, monetary penalties (including civil penalties and stipulated
penalties) imposed on, or capital improvements required by, Buyer, its Affiliates or the Assets by any Governmental Authority to the
extent relating to post-Closing compliance with, or any post-Closing violations of, the Consent Decree, relating to or arising from Buyer&rsquo;s
or any of its Affiliates&rsquo; post-Closing ownership or operation of the Assets; provided, for the avoidance of doubt, Buyer shall
not be responsible for the fines and/or penalties assessed or imposed in connection with the execution of the Consent Decree and (ii)&nbsp;outstanding,
uncompleted and ongoing obligations under Section&nbsp;V of the Consent Decree.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Notwithstanding
anything herein to the contrary, Seller shall not enter into a Consent Decree that contains materially different terms than the draft
dated November&nbsp;2025, as set forth on <U>Exhibit&nbsp;T</U>; <I>provided, however</I>, that so long as no obligations are imposed
upon Buyer, the foregoing restriction shall not apply to the requirements of Section&nbsp;V.K of the Consent Decree.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>Article&nbsp;VIII
</B></FONT><B><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><BR>
REPRESENTATIONS AND WARRANTIES OF SELLER</FONT></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subject
to the provisions of this <I>Article&nbsp;VIII</I> and the other terms and conditions of this Agreement, and the exceptions and matters
set forth on Seller&rsquo;s disclosure Schedules, each Seller jointly and severally represents and warrants for itself and as to the
Assets to Buyer as of the Execution Date as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.1&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Organization,
Existence and Qualification</I></B>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Antero
Resources is an entity duly formed and validly existing under the Laws of the State of Delaware and in good standing under the Laws of
the State of Delaware. Antero Resources has all requisite power and authority to own and, if applicable, operate the Assets it owns and/or
operates and to carry on its business with respect thereto as currently conducted. Antero Resources is duly licensed or qualified to
do business as a corporation in all jurisdictions in which the Assets are located, except where the failure to be so qualified would
not reasonably be expected to have a Material Adverse Effect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Antero
Minerals is an entity duly formed and validly existing under the Laws of the State of Delaware and in good standing under the Laws of
the State of Delaware. Antero Minerals has all requisite power and authority to own and, if applicable, operate the Assets it owns and/or
operates and to carry on its business with respect thereto as currently conducted. Antero Minerals is duly licensed or qualified to do
business as a corporation in all jurisdictions in which the Assets are located, except where the failure to be so qualified would not
reasonably be expected to have a Material Adverse Effect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Monroe
Pipeline is an entity duly formed and validly existing under the Laws of the State of Delaware and in good standing under the Laws of
the State of Delaware. Monroe Pipeline has all requisite power and authority to own and, if applicable, operate the Assets it owns and/or
operates and to carry on its business with respect thereto as currently conducted. Monroe Pipeline is duly licensed or qualified to do
business as a limited liability company in all jurisdictions in which the Assets are located, except where the failure to be so qualified
would not reasonably be expected to have a Material Adverse Effect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.2&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Authority,
Approval and Enforceability</I></B>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Antero
Resources has the power and authority to enter into and perform this Agreement and all Transaction Documents to be delivered at Closing
by Antero Resources and the transactions contemplated hereby and thereby. The execution, delivery and performance by Antero Resources
of this Agreement have been, and the Transaction Documents to which Antero Resources is a party will be at Closing, duly and validly
authorized and approved by all necessary corporate action on the part of Antero Resources. This Agreement is, and the Transaction Documents
to which Antero Resources is a party when executed and delivered by Antero Resources will be, the legal, valid and binding obligation
of Antero Resources and enforceable against Antero Resources in accordance with their respective terms, subject to the effects of bankruptcy,
insolvency, reorganization, moratorium and similar Laws, as well as to principles of equity (regardless of whether such enforceability
is considered in a proceeding in equity or at Law).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Antero
Minerals has the power and authority to enter into and perform this Agreement and all Transaction Documents to be delivered at Closing
by Antero Minerals and the transactions contemplated hereby and thereby. The execution, delivery and performance by Antero Minerals of
this Agreement have been, and the Transaction Documents to which Antero Minerals is a party will be at Closing, duly and validly authorized
and approved by all necessary limited liability company action on the part of Antero Minerals. This Agreement is, and the Transaction
Documents to which Antero Minerals is a party when executed and delivered by Antero Minerals will be, the legal, valid and binding obligation
of Antero Minerals and enforceable against Antero Minerals in accordance with their respective terms, subject to the effects of bankruptcy,
insolvency, reorganization, moratorium and similar Laws, as well as to principles of equity (regardless of whether such enforceability
is considered in a proceeding in equity or at Law).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Monroe
Pipeline has the power and authority to enter into and perform this Agreement and all Transaction Documents to be delivered at Closing
by Monroe Pipeline and the transactions contemplated hereby and thereby. The execution, delivery and performance by Monroe Pipeline of
this Agreement have been, and the Transaction Documents to which Monroe Pipeline is a party will be at Closing, duly and validly authorized
and approved by all necessary limited liability company action on the part of Monroe Pipeline. This Agreement is, and the Transaction
Documents to which Monroe Pipeline is a party when executed and delivered by Monroe Pipeline will be, the legal, valid and binding obligation
of Monroe Pipeline and enforceable against Monroe Pipeline in accordance with their respective terms, subject to the effects of bankruptcy,
insolvency, reorganization, moratorium and similar Laws, as well as to principles of equity (regardless of whether such enforceability
is considered in a proceeding in equity or at Law).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.3&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;No
Conflicts</I></B><I>.</I> Except as addressed in <I>Section&nbsp;7.14</I>, and assuming the receipt of all applicable Consents and approvals
(including in connection with the HSR Act) in connection with the transactions contemplated hereby and the waiver of, or compliance with,
all Preferential Rights, tag-along rights, drag-along rights and any maintenance of uniform interest provision under any joint operating
agreements constituting an Applicable Contract, in each case, applicable to the transactions contemplated hereby, the execution, delivery
and performance by Seller of this Agreement and the consummation of the transactions contemplated herein will not (a)&nbsp;conflict with,
violate or result in a breach of any provisions of the limited liability company agreement or other governing documents of Seller, (b)&nbsp;result
in (with or without the giving of notice, or passage of time or both) a default or the creation of any Encumbrance on the Assets or give
rise to any right of termination, cancellation or acceleration under any of the terms, conditions or provisions of any Lease, Right-of-Way,
Applicable Contract, note, bond, mortgage, indenture, license or other material agreement to which Seller is a party or by which Seller
or the Assets may be bound, or (c)&nbsp;violate any Law applicable to Seller or any of the Assets, except in the case of <I>clause (c)</I>&nbsp;where
such default, Encumbrance, termination, cancellation, acceleration, violation or Consent would not reasonably be expected to have a Material
Adverse Effect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.4&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Consents</I></B><I>.</I>
Except (a)&nbsp;as set forth in <U>Schedule 8.4</U>, (b)&nbsp;for Customary Post-Closing Consents, (c)&nbsp;under Contracts that are
terminable upon sixty (60) days or less notice without payment of any fee, (d)&nbsp;for Preferential Rights, or (e)&nbsp;for consents
or waivers required under any applicable maintenance of uniform interest provision under any joint operating agreements constituting
an Applicable Contract, no Consent is applicable to this Agreement or the consummation of the transactions contemplated by this Agreement
or any Transaction Documents by Seller.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.5&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Bankruptcy</I></B><I>.</I>
There are no bankruptcy, insolvency, reorganization or receivership Proceedings pending, being contemplated by or, to Seller&rsquo;s
Knowledge, threatened in writing against Seller or any Affiliate thereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.6&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Foreign
Person</I></B><I>.</I> Seller is not a &ldquo;foreign person&rdquo; within the meaning of Section&nbsp;1445 of the Code.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.7&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Litigation</I></B><I>.</I>
Except as set forth in <U>Schedule 8.7</U>, as of the Execution Date, there is no material Proceeding by any Person by or before any
Governmental Authority pending, or threatened in writing, (a)&nbsp;against Seller with respect to the Assets, (b)&nbsp;that challenges
the validity or enforceability of the obligations of Seller under this Agreement, or (c)&nbsp;that seeks to prevent, delay or otherwise
would reasonably be expected to materially and adversely affect the consummation by Seller of the transactions contemplated hereby.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.8&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Material
Contracts</I></B>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Schedule
8.8(a)</U>&nbsp;sets forth a complete and accurate list of all Applicable Contracts of the type described below (excluding any Benefit
Plans and, except to the extent separately constituting a Material Contract under clauses (iii)&nbsp;through (xv)&nbsp;below, any joint
operating agreements or unit operating agreements) as of the Execution Date (the Contracts contained on such Schedules, collectively,
the &ldquo;<B><I>Material Contracts</I></B>&rdquo;):</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
Applicable Contract that can reasonably be expected to result in aggregate payments of more than $500,000 during the current or any subsequent
fiscal year (based solely on the terms thereof and current volumes, without regard to any expected increase in volumes or revenues) or
$1,000,000 in the aggregate over the term of such Applicable Contract;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
Applicable Contract that can reasonably be expected to result in aggregate revenues of more than $500,000 during the current or any subsequent
fiscal year (based solely on the terms thereof and current volumes, without regard to any expected increase in volumes or revenues) or
$1,000,000 in the aggregate over the term of such Applicable Contract;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
Applicable Contracts for the purchase and sale, exchange, gathering, treatment, processing, storage, disposal, or transportation of Hydrocarbons
or produced or fresh water that (A)&nbsp;contains guaranteed or minimum throughput, minimum volume, acreage dedication, volume dedication
or similar requirements, or (B)&nbsp;that are not cancellable or terminable without penalty on ninety (90) days or less prior written
notice;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
Applicable Contract that is an indenture, mortgage, loan, credit or similar Applicable Contract and any collateral or security agreements
related thereto;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
Applicable Contract that constitutes a lease under which Seller is the lessor or the lessee of real or Personal Property which lease
(A)&nbsp;cannot be terminated by Seller without penalty upon sixty (60) days or less notice and (B)&nbsp;involves an annual base rental
of more than $500,000;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
Applicable Contracts of Seller to sell, lease, farmout, exchange, or otherwise dispose of all or any part of the Assets after the Closing,
but excluding any such Applicable Contracts where the closing(s)&nbsp;or assignment(s)&nbsp;thereunder has previously occurred and any
right of reassignment upon intent to abandon any such Asset;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;other
than joint operating agreements or unit operating agreements or any agreements where there are no material obligations or Liabilities
of Seller remaining, any Applicable Contract that is a farmout agreement, farmin agreement, participation agreement, partnership agreement,
joint venture agreement, carried interest agreement, net profits interest agreement, production sharing agreement, exchange agreement,
acreage contribution agreement, exploration agreement, development agreement, joint operating agreement, unit agreement or similar Applicable
Contract;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(viii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
Applicable Contract that is a drilling contract;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ix)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
Applicable Contract that is a settlement or similar agreement with any Governmental Authority or pursuant to which there will be any
material outstanding obligation with respect to the Assets after the date of this Agreement;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(x)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
Applicable Contract between Seller and any Affiliate of Seller that will (A)&nbsp;not be terminated on or prior to the Closing or (B)&nbsp;be
applicable to, binding upon or otherwise burden any of the Assets or the ownership, operation, development or use of the Assets from
and after the Closing;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(xi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
Applicable Contract that is a seismic or other geophysical licensing agreement pertaining to the Assets;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(xii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;to
the extent Seller is a party thereto (or bound thereby) any Applicable Contracts that would obligate Seller (or Buyer, if Closing were
to occur) to drill additional wells or conduct material operations on the Assets after Closing (other than customary Lease and Contract
provisions that could result in the loss of Leases or portions thereof);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(xiii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
Applicable Contract for which the primary purpose is to indemnify another Person;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(xiv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
Applicable Contracts that provide for an irrevocable power of attorney that will remain in effect after Closing; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(xv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
Applicable Contract that (A)&nbsp;constitutes an existing area of mutual interest agreement, mutual interest agreements or an agreement
to enter into an area of mutual interest agreement in the future, or (B)&nbsp;includes non-competition restrictions or non-solicitation
restrictions (excluding confidentiality obligations).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Except
as set forth in <U>Schedule 8.8(b)</U>, (i)&nbsp;each Material Contract is in full force and effect and constitutes a legal, valid and
binding obligation of Seller that is a party to such Material Contracts and, to the Knowledge of Seller, each other party thereto, subject
to applicable bankruptcy, insolvency, reorganization, moratorium and other similar Laws affecting the rights and remedies of creditors
generally, (ii)&nbsp;there exists no material default under any Material Contract by Seller or, to Seller&rsquo;s Knowledge, by any other
Person that is a party to such Material Contract, (iii)&nbsp;no written notice to terminate, cancel, breach, amend the terms of, renegotiate,
modify, or accelerate or delay the maturity or performance of any Material Contract (in whole or in part) has been received or delivered
by Seller or its Affiliates under any such Material Contract, the final resolution of which is outstanding, and (iv)&nbsp;no event has
occurred that, with the giving of notice or the passage of time or both, would constitute a breach or default in any material respect
by Seller under any Material Contract or, to the Knowledge of Seller, any other party to such Material Contract. Seller has made available
to Buyer complete and accurate copies of all Material Contracts (and all amendments and modifications thereto).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.9&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;No
Violation of Laws</I></B><I>.</I> Except (x)&nbsp;as set forth in <U>Schedule 8.9</U>, (y)&nbsp;with respect to any representation and
warranties regarding Environmental Laws or any other environmental, such matters being addressed exclusively in <I>Section&nbsp;8.13
</I>(and, as relates to Taxes, <I>Section&nbsp;8.37</I>), respectively, (a)&nbsp;Seller and its Affiliates are not and, during the three
(3)&nbsp;year period prior to the Execution Date, have not been, in violation of any applicable Laws with respect to its ownership and
operation of the Assets in any material respects, and (b)&nbsp;Seller and its Affiliates have not received any written notice from any
Governmental Authority regarding any unresolved material violation or failure to comply with any Law or that it is under investigation
by any Governmental Authority for potential material non-compliance with any applicable Laws with respect to its ownership and operation
of the Assets in any material respects.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.10&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Preferential
Rights</I></B><I>.</I> Except as set forth in <U>Schedule 8.10</U>, there are no (a)&nbsp;Preferential Rights, or (b)&nbsp;tag-along
or drag-along rights, in each case, that are applicable to the transfer of the Assets by Seller to Buyer.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.11&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Imbalances</I></B><I>.</I>
Except as set forth in <U>Schedule 8.11</U>, there are no Imbalances associated with the Assets as of the date set forth in <U>Schedule
8.11</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.12&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Current
Commitments</I></B><I>. </I><U>Schedule 8.12</U> sets forth, as of the Execution Date, all authorities for expenditures (&ldquo;<B><I>AFEs</I></B>&rdquo;)
that (a)&nbsp;relate to the Assets and to drilling, reworking or conducting another operation with respect to an Asset, (b)&nbsp;are
individually in excess of $500,000, net to Seller&rsquo;s interest in the Assets, and (c)&nbsp;for which all of the activities anticipated
in such AFEs have not been completed by the Effective Time.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.13&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Environmental</I></B><I>.</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Except
as set forth in <U>Schedule 8.13</U>:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Seller&rsquo;s
ownership and operation of the Assets and the Assets are, and have been for the last three (3)&nbsp;years, in compliance in all material
respects with all applicable Environmental Laws and all Permits required under Environmental Laws;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;with
respect to the Assets, Seller has not entered into any agreements, consents, orders, decrees or judgments of any Governmental Authority,
that are in existence as of the Execution Date, that are based on any Environmental Laws and that relate to the current or future use
of any of the Assets;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Seller
has not received written notice from any Person of any violation of or Liability under Environmental Laws or any release or disposal
of any Hazardous Substance (for which Remediation has not already been completed) concerning any land, facility, asset or property included
in the Assets that would reasonably be expected to: (i)interfere with or prevent compliance by Seller with any Environmental Law or the
terms of any license or permit issued pursuant thereto; or (ii)&nbsp;give rise to or result in any common Law or other Liability of Seller
to any Person that, in the case of either <I>clause (i)</I>&nbsp;or <I>(ii)&nbsp;</I>hereof, would be material;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;there
has been no release, treatment, storage, handling or disposal of, exposure to, or contamination by, Hazardous Substances, in each case
that has given or would reasonably be expected to give rise to material Liabilities of the Assets or Seller, with respect to the Assets,
under Environmental Law; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Seller
is not subject to any unpaid material fines and penalties levied by any Governmental Authority with respect to the ownership and operation
of the Assets.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;As
of the Closing Date, Seller has made available to Buyer copies of all material final environmental reports, audits and assessments in
its possession and prepared in the last two (2)&nbsp;years by a Third Party related to the Assets.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.14&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Taxes</I></B><I>.</I>
Except as disclosed in <U>Schedule 8.14</U>:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;all
material Asset Taxes that have become due and payable have been timely and properly paid;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;all
material Tax Returns with respect to Asset Taxes that are required to be filed have been duly and timely filed, and all such Tax Returns
are true, correct and complete in all material respects;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;there
are no Encumbrances for Taxes on the Assets, other than Permitted Encumbrances;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Seller
has not received any written notice of any pending claim (which remains outstanding) from any applicable Taxing Authority for assessment
of Asset Taxes and no such claim has been made or threatened in writing;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;no
audit, administrative, judicial or other proceeding with respect to Asset Taxes has been commenced or is presently pending;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;all
Tax withholding and deposit requirements imposed by applicable Laws with respect to any of the Assets have been satisfied in all material
respects;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(g)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;there
is not currently in effect any extension or waiver of any statute of limitations in any jurisdiction regarding the assessment or collection
of any Asset Taxes;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(h)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;all
material amounts required to be remitted pursuant to any applicable escheat or unclaimed property Law with respect to the Assets have
been remitted to the applicable Governmental Authority in accordance with applicable Law; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;none
of the Assets is subject to any tax partnership agreement or is otherwise treated, or required to be treated, as held in an arrangement
requiring a partnership income Tax Return to be filed under Subchapter K of Chapter 1 of Subtitle A of the Code.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(j)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;With
respect to the Antero-QL Tax Partnership:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;all
material Taxes owed by the Antero-QL Tax Partnership that have become due and payable have been duly and timely paid;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;all
income and other material Tax Returns required to be filed by or with respect to the Antero-QL Tax Partnership have been timely filed
and all such Tax Returns are true, correct and complete in all material respects;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;no
Tax audit, litigation or other proceeding with respect to the Antero-QL Tax Partnership is being conducted or is presently pending, and
neither Seller nor the Antero-QL Tax Partnership has received written notice of any pending claim against the Antero-QL Tax Partnership
(which remains outstanding) from any applicable Governmental Authority for the assessment of Taxes and, to Seller&rsquo;s Knowledge,
no such claim has been threatened in writing;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;there
are no (A)&nbsp;waivers of any statute of limitations in respect of Taxes currently in effect, or (B)&nbsp;agreements, rulings or technical
advice memoranda with, or issued by, any Governmental Authority to the Antero-QL Tax Partnership with respect to Taxes;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
Antero-QL Tax Partnership will not be required to include any material item of income in, or exclude any material item of deduction from,
taxable income for any taxable period or portion thereof beginning after the Closing Date as a result of any (A)&nbsp;change in a method
of accounting for any taxable period (or portion thereof) ending on or before the Closing Date, (B)&nbsp;installment sale or open transaction
disposition occurring on or prior to the Closing Date, (C)&nbsp;prepaid amount or deferred revenue received or accrued on or prior to
the Closing Date, or (D)&nbsp;&ldquo;closing agreement&rdquo; within the meaning of Section&nbsp;7121 of the Code (or any corresponding
or similar provision of state, local or foreign Tax Law) executed on or prior to the Closing Date;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
Antero-QL Tax Partnership has not been a party to a &ldquo;listed&rdquo; transaction, as defined in Treasury Regulation Section&nbsp;1.6011-4(b)(2)&nbsp;or
any predecessor thereto (or any similar provision of state, local or foreign Law); and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
Antero-QL Tax Partnership is not subject to any Tax sharing, indemnification or similar agreement (other than the Antero-QL Tax Partnership
Agreement and any other customary commercial agreement entered in the ordinary course of business the primary purpose of which is not
Taxes).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">To
the extent any of the foregoing representations and warranties in this <I>Section&nbsp;8.14 </I>pertain to any Asset Taxes or Tax Returns
relating to Asset Taxes that are paid and/or filed by a Third Party operator, each such representation and warranty shall be deemed to
be qualified by the phrase &ldquo;To Seller&rsquo;s Knowledge&rdquo;.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.15&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Brokers&rsquo;
Fees</I></B><I>.</I> Seller has incurred no liability, contingent or otherwise, for broker, investment banker, financial advisor or other
Person is entitled to any broker&rsquo;s, finder&rsquo;s, financial advisor&rsquo;s or other similar fee or commission relating to the
transactions contemplated by this Agreement for which Buyer or any Affiliate of Buyer shall have any responsibility.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.16&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Suspense
Funds</I></B><I>. </I><U>Schedule 8.16</U> lists all material Suspense Funds held in suspense by Seller as of the date indicated in such
Schedule.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.17&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Special
Warranty of Title</I></B><I>.</I> On the Effective Time and the Closing Date, Seller holds (and upon consummation of the Closing will
have conveyed to Buyer) Defensible Title to each of the Leases, Wells and Well Pad Locations free and clear of any lawful and valid claims
by Third Parties claiming title to such Leases, Wells, Well Pad Locations, in each case, to the extent and only insofar as such claims
arose by, through or under Seller or its Affiliates, but not otherwise, subject, however, to the Permitted Encumbrances.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.18&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Royalties
and Working Interest Payments</I></B><I>.</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Except
for Suspense Funds and except as set forth on <U>Schedule&nbsp;8.18(a)</U>, all Royalties and other interest owners&rsquo; revenues or
proceeds attributable to sales of Hydrocarbons produced from or attributable to the Assets payable by Seller or its Affiliates have been
properly and timely paid in all material respects, or are being held by Seller as Suspense Funds, in each case, in compliance with applicable
Laws, the terms of the Leases or Applicable Contracts.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Except
for Suspense Funds and except as set forth on <U>Schedule&nbsp;8.18(b)</U>, all Royalties and proceeds from the sale of Hydrocarbons
produced from the Assets are being received by Seller in a timely manner and are not being held in suspense by Third Parties (other than
any statutory minimum royalties) in any material respects.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.19&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Wells</I></B>.</FONT></P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Except
as described on <U>Schedule&nbsp;8.19(a)</U>, there are no Wells operated by Seller or its Affiliates or, to the Knowledge of Seller,
any other Well, included in the Assets (i)&nbsp;with respect to which there is an unresolved order for which Seller or its Affiliates
have received notice from any Governmental Authority requiring that such well be plugged and abandoned which has not been fully and finally
resolved or (ii)&nbsp;that is neither in use for purposes of injection, nor suspended or temporarily abandoned in accordance with applicable
Law, Contract or Leases, that has not been plugged and abandoned in accordance with such applicable Contracts, Laws, and Leases.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Except
as described on <U>Schedule&nbsp;8.19(b)</U>, all Wells operated by Seller or its Affiliates (or, to the Knowledge of Seller, any other
Well) in each case, have been drilled and completed, or are being drilled and completed, in a manner that is within the limits permitted
by applicable Leases, Contracts, and Laws.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Except
as described on <U>Schedule&nbsp;8.19(c)</U>, there are no Assets that have been plugged, dismantled or abandoned by Seller (or, to the
Knowledge of Seller, any other Third Party operator), in each case, in a manner that does not comply in all material respects with applicable
Leases, Contracts, and Laws.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Except
as described on <U>Schedule&nbsp;8.19(d)</U>, no Well operated by Seller (or, to the Knowledge of Seller, any other Well) is subject
to penalties after the Effective Time on allowables under applicable Laws because of any overproduction occurring prior to the Effective
Time.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.20&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Credit
Support</I></B>. <U>Schedule&nbsp;8.20</U> sets forth a complete and accurate list of all cash deposits, guarantees, letters of credit,
treasury securities, surety bonds and other forms of credit assurances or credit support provided by or on behalf of Seller or its Affiliates
in support of the obligations of Seller or its Affiliates to any Governmental Authority, contract counterparty or other Person, in each
case, related to the ownership or operation of the Assets.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.21&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Non-Consent
Operations</I></B>. Except as set forth on <U>Schedule 8.21</U>, as of the Execution Date, Seller has not declined to participate in
any operation proposed with respect to the Assets that would result in forfeiture of any Assets or the incurrence of a penalty as a result
of such election not to participate in such operation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.22&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Casualty
Loss and Condemnation</I></B>. As of the Execution Date, there are no pending or, to Seller&rsquo;s Knowledge, threatened Casualty Loss
with respect to any Assets of Seller with damages estimated to exceed $500,000 in the aggregate for all such Casualty Losses, net to
the interest of Seller.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.23&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Advance
Payments</I></B>. Except as set forth in <U>Schedule 8.23</U> and except for any throughput deficiencies attributable to or arising out
of any Imbalances described on <U>Schedule 8.11</U>, (a)&nbsp;with respect to any of the Assets operated by Seller or (b)&nbsp;with respect
to any of the Assets not operated by Seller, to the Knowledge of Seller, no Seller, in either case, is obligated by virtue of any (i)&nbsp;take
or pay, (ii)&nbsp;advance payment or (iii)&nbsp;other similar payment (other than as established by the terms of the Leases) under any
gathering, transmission or any other similar contract or agreement, in each case, to gather, deliver, process or transport Hydrocarbons,
produced water, or freshwater, or deliver proceeds from the sale thereof, at some future time without receiving full payment therefor
at or after the time of delivery.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.24&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Lease
Status</I></B>. Except as would not have a Material Adverse Effect:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;all
bonuses, rentals and other similar payments due under the Leases operated by Seller or its Affiliates have been properly and timely paid
in accordance with the terms of such Leases in all material respects;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;(i)&nbsp;as
of the Execution Date, Seller has not received any unresolved written notices alleging any material default or material breach under
any Lease by Seller, and (ii)&nbsp; Seller is not and, to Seller&rsquo;s Knowledge as of the Execution Date, no other party to any Lease,
is in material default or material breach of the terms, provisions or conditions of the Leases;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;as
of the Execution Date, Seller has not received written notice from a lessor, of any requirements or demands to drill additional wells
on any of the Lease, as applicable, which requirements or demands have not been resolved;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;as
of the Execution Date, Seller has not received any unresolved written notice seeking to terminate any of the Leases;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;none
of the Leases contain express provisions obligating Seller to drill any well on the Assets (other than provisions requiring optional
drilling as a condition of maintaining or earning all or a portion of a presently non-producing Lease, and other than customary offset
drilling provisions);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;except
for Leases that are held by production or being maintained by continuous drilling or operations clauses, none of the Leases set forth
in <U>Exhibit&nbsp;G</U> has a primary term that will expire (or that will require a payment to extend) on or before the 12 month anniversary
of the Execution Date; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(g)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;(i)&nbsp;no
Lease operated by Seller is being maintained in full force and effect by the payment of shut-in royalties or other payments in lieu of
operations or production and (ii)&nbsp;to Seller&rsquo;s Knowledge as of the Execution Date, no Lease in which Seller owns an interest,
and which is operated by a Third Party operator, is being maintained in full force and effect by the payment of shut-in royalties or
other payments in lieu of operations or production.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.25&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Permits</I></B>.
As of the Execution Date, except as set forth on <U>Schedule&nbsp;8.25(a)</U>&nbsp;and with respect to any representations and warranties
regarding Environmental Law (such matters being addressed exclusively in <I>Section&nbsp;8.13</I>), and with respect to Assets currently
owned or operated by Seller or any of its Affiliates, Seller has, in all material respects, all permits, approvals, consents, licenses,
franchises, waivers, variances, registrations, certificates, exemptions and other authorizations, consents and approvals of or from Governmental
Authorities (&ldquo;<B><I>Permits</I></B>&rdquo;) as are necessary to own and operate the Assets. Except as set forth on <U>Schedule&nbsp;8.25(b)</U>,
each such Permit is in full force in effect in all material respects, and Seller is in material compliance with all obligations under
such Permits. Except as would not have a Material Adverse Effect, <U>Schedule&nbsp;8.25(b)</U>&nbsp;sets forth, as of the Execution Date,
all pending, but not-yet-approved, applications for Permits to drill (&ldquo;<B><I>APD</I></B>&rdquo;), and all APDs that were previously
approved, but have expired and for which an APD extension has been submitted, in each case, held or filed by Seller.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.26&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Payout
Balances</I></B>. <U>Schedule 8.26</U> sets forth all of the Wells that are subject to a reversion or other adjustment at some level
of cost recovery or payout (or passage of time or other event other than termination of a Lease by its terms), and the status of any
 &ldquo;payout&rdquo; balance as of the applicable dates set forth therein.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.27&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Reserved.</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.28&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Specified
Matters</I></B>. Except as set forth on <U>Schedule 8.28</U>, there are no Liabilities incurred by, suffered by or owing by Seller or
its Affiliates as of the Closing caused by, arising out of, or resulting from the following matters to the extent attributable to the
ownership, use or operation of the Assets:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;except
with respect to any Casualty Losses, any Third Party injury or death or damage of Third Party properties occurring on or with respect
to the ownership or operation of any Assets of Seller prior to the Closing Date;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
civil fines or penalties or criminal sanctions imposed on Seller, to the extent resulting from any pre-Closing violation of Law (including
any Environmental Law);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
transportation or disposal of Hazardous Substances from any Asset of Seller to a site that is not an Asset prior to Closing that is (or
if known, would be) in material violation of applicable Environmental Law or that has given or would give rise to a material Liability
under applicable Environmental Law; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
Excluded Assets.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.29&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Reserved.</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.30&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Personal
Property</I></B>. Except as set forth on <U>Schedule 8.30</U>, all of the Personal Property included in the Assets of Seller, is in an
operable state of repair adequate to maintain normal operations as currently operated and used by or on behalf of Seller, in each case,
in all material respects, ordinary wear and tear excepted.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.31&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Regulatory
Matters</I></B>. Antero Resources (a)&nbsp;is not and has not been operated, or provided services, using any of the Assets in a manner
that subjects them, any Third Party operator of the Assets to the jurisdiction of, or regulation by, the Federal Energy Regulatory Commission
(i)&nbsp;as a natural gas company under the Natural Gas Act of 1938, 15 U.S.C. &sect; 717, et seq., as amended, and its implementing
regulations (other than pursuant to a certificate of limited jurisdiction as described below); (ii)&nbsp;as a common carrier pipeline
under the Interstate Commerce Act, 49 U.S.C. &sect; 1, et seq. (1988), and its implementing regulations; or (iii)&nbsp;as an intrastate
pipeline transporting gas in interstate commerce pursuant to the Natural Gas Policy Act of 1878, 15 U.S.C. &sect; 3301, et seq., as amended,
and the regulations promulgated thereunder; (b)&nbsp;has not held any general or limited jurisdiction certificate of public convenience
and necessity issued by the Federal Energy Regulatory Commission other than a blanket sale for resale certificate issued by operation
of Law or a blanket certificate issued to permit participation in capacity release transactions; or (c)&nbsp;is or has been subject to
rate regulation or comprehensive nondiscriminatory access regulation under the Laws of any state or local jurisdiction. There is no actual,
or to the Knowledge of Antero Resources, threatened taking (whether permanent, temporary, whole or partial) of any Asset or any part
of the Assets by reason of condemnation or eminent domain or the threat of condemnation or eminent domain.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.32&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Reserved</I></B>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.33&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Reserved</I></B>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.34&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Sufficiency
of Assets</I></B>. Other than as set forth on <U>Schedule 8.34</U>, and the Excluded Assets, the Assets constitute all of the assets,
properties and rights, tangible or intangible, real or personal, that are reasonably necessary in connection with the ownership or, if
applicable, operation the Assets in the same manner as such operations have been historically conducted by Seller and its Affiliates
in the Sales Area, in all material respects.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.35&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Gathering
System Property</I></B>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;With
respect to each Monroe Gathering Systems Owned Real Property: (i)&nbsp;Seller has Good and Marketable Title to such Monroe Gathering
Systems Owned Real Property free and clear of all Encumbrances (except in all cases for Permitted Encumbrances); (ii)&nbsp;except as
set forth in <U>Schedule&nbsp;8.35(a)</U>, Seller has not leased or otherwise granted to any Person the right to use or occupy such Monroe
Gathering Systems Owned Real Property or any portion such Monroe Gathering Systems Owned Real Property in a manner that restricts Seller&rsquo;s
ability to own and operate the Assets consistent with past practice; and (iii)&nbsp;except as set forth in <U>Schedule&nbsp;8.35(a)</U>,&nbsp;other
than the rights of Buyer pursuant to this Agreement, there are no outstanding options, rights of first offer or rights of first refusal
to purchase such Monroe Gathering Systems Owned Real Property, in each case of the foregoing <I>clauses (i)&nbsp;</I>through (<I>iii)</I>,
other than those that, individually or in the aggregate, would not be material.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Except
as set forth in <U>Schedule&nbsp;8.35(b)</U>, with respect to each of the Monroe Gathering Systems Leases: (i)&nbsp;such Monroe Gathering
Systems Lease is legal, valid, binding, enforceable and in full force and effect with respect to Seller or its Affiliates (subject to
Permitted Encumbrances) and with respect to the other parties to the Monroe Gathering Systems Lease in accordance with its terms (subject
to proper authorization and execution of such lease by the other party to such lease and the application of any bankruptcy or other creditor&rsquo;s
rights Laws); (ii)&nbsp;Seller&rsquo;s possession and quiet enjoyment of the Monroe Gathering Systems Leased Real Property under such
Monroe Gathering Systems Lease has not been disturbed and there are no pending or, to the Knowledge of the Seller, threatened disputes
with respect to such Monroe Gathering System Lease; (iii)&nbsp;Seller is not, nor, to the Knowledge of the Seller, no other party to
any Monroe Gathering System Lease is in breach or default under such Monroe Gathering System Lease (which breach or default remains uncured),
and no event has occurred or circumstance exists which, with the delivery of notice, the passage of time or both, would constitute such
a breach or default, or permit the termination, modification or acceleration of rent under such Monroe Gathering System Lease; and (iv)&nbsp;Seller
has not subleased, licensed or otherwise granted any Person the right to use or occupy such Monroe Gathering Systems Leased Real Property
in a manner that restricts Seller&rsquo;s ability to own and operate the Assets consistent with past practice, in each case of the foregoing
<I>clauses (i)</I>&nbsp;through (<I>iv)</I>, other than those that, individually or in the aggregate, would not be material.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Except
as set forth on <U>Schedule 8.35(c)</U>, Seller has such Rights-of-Way and Permits as are sufficient to conduct the ownership and operation
of the Monroe Gathering Systems in all material respects as it is currently conducted in the ordinary course. Except as would not reasonably
be expected to be material in the aggregate to Seller&rsquo;s operations conducted with respect the Monroe Gathering Systems as conducted
in the ordinary course prior to the Execution Date, (i)&nbsp;each Right-of-Way is legal, valid, binding, enforceable and in full force
and effect with respect to Seller (subject to Permitted Encumbrances) and with respect to the other parties to the Right-of-Way in accordance
with its terms (subject to the application of any bankruptcy or other creditor&rsquo;s rights Laws); (ii)&nbsp;there are no pending or,
to the Knowledge of the Seller, threatened, disputes with respect to any Right-of-Way; and (iii)&nbsp;Seller is not nor, to the Knowledge
of the Seller, is any other party to any Right-of-Way in breach or default under such Right-of-Way, and no event has occurred or circumstance
exists which, with the delivery of notice, the passage of time or both, would constitute such a breach or default, or permit the termination,
modification or acceleration of rent under such Right-of-Way. Except as set forth on <I>Schedule 8.35(c)</I>, all pipelines owned or
operated by Seller in connection with the Monroe Gathering Systems are located on or are subject to valid Rights-of-Way or are located
on Monroe Gathering Systems Owned Real Property or Monroe Gathering Systems Leased Real Property, and there are no gaps in the Rights-of-Way,
Monroe Gathering Systems Owned Real Property and Monroe Gathering Systems Leased Real Property, other than gaps, that would not reasonably
be expected to be material in the aggregate to Seller&rsquo;s operations conducted with respect the Monroe Gathering Systems as conducted
in the ordinary course prior to the Execution Date.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Except
as set forth on <U>Schedule 8.35(d)</U>, (i)&nbsp;Seller has Good and Marketable Title to all of the Monroe Gathering Systems, free and
clear of all Encumbrances, other than Permitted Encumbrances, and (ii)&nbsp;the Monroe Gathering Systems have been maintained, and currently
are, in good repair, working order and operating condition and adequate for present use, ordinary wear and tear, in each case of the
foregoing <I>clauses (i)</I>&nbsp;and <I>(ii)</I>, except as would not be material.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Seller
has made available to the Buyer true, correct and complete copies of all (i)&nbsp;deeds, Monroe Gathering Systems Leases, and other documents
and instruments that vest title or other rights in Seller to the Monroe Gathering Systems Owned Real Property and Monroe Gathering Systems
Leased Real Property and (ii)&nbsp;Rights-of-Way and other documents and instruments that vest title or other rights in Seller to the
Rights-of-Way, in each case, that are material.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;There
does not exist any pending or, to the Knowledge of the Seller, threatened, condemnation or eminent domain proceedings that affect any
of the Monroe Gathering Systems Owned Real Property or Monroe Gathering Systems Leased Real Property.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.36&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Absence
of Changes</I></B>. Except as set forth on <U>Schedule 8.36</U>, since the Effective Time, no Material Adverse Effect as occurred.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.37&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Lease
Operating Statements</I></B>. Except as would not have a Material Adverse Effect, the information set forth in the lease operating statements
with respect to the Properties owned by Seller set forth in <U>Schedule 8.37</U> is true and accurate in all material respects for the
time periods covered thereby, subject to the ordinary course reconciliations.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.38&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Employee
Benefit Plans</I></B>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Schedule
8.38</U> sets forth a complete and correct list of all material Benefit Plans.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Each
Benefit Plan has been established, funded, maintained, operated and administered, in all material respects, in accordance with its terms
and in compliance with all applicable requirements of ERISA, the Code and any other applicable Laws. There are no pending or, to the
Seller&rsquo;s Knowledge, threatened actions, suits, litigation, audits, investigations or claims (other than routine claims for benefits)
relating to any Benefit Plan involving a Business Employee. Each Benefit Plan intended to be qualified under Section&nbsp;401(a)&nbsp;of
the Code has received a favorable determination letter from the Internal Revenue Service with respect to its form, or may rely upon a
favorable opinion letter from the Internal Revenue Service, and no event has occurred and no condition exists that could be reasonably
likely to adversely affect the qualification of such Benefit Plan.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;No
Benefit Plan is, and the Sellers have no Liability or obligation relating to the Assets or Business Employees with respect to any: (i)&nbsp;employee
benefit plan that is or was (during the six year period preceding the date of this Agreement) subject to Title IV of ERISA or Section&nbsp;412
of the Code, (ii)&nbsp;any &ldquo;multiemployer plan&rdquo; within the meaning of Section&nbsp;3(37) of ERISA, or (iii)&nbsp;plan, agreement
or arrangement providing for post-termination or post-retirement health or welfare benefits to any Person other than as required under
Section&nbsp;4980B of the Code or any similar applicable state Law. None of the Assets are subject to a lien arising under ERISA, and
the business related to the Assets does not have any Liability or obligation as a consequence of at any relevant time being considered
a single employer under Section&nbsp;414 of the Code with any other Person.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;No
payment or benefit that could be made with respect to any Business Employee who is a &ldquo;disqualified individual&rdquo; (as defined
under Section&nbsp;280G of the Code) could constitute an &ldquo;excess parachute payment&rdquo; within the meaning of Section&nbsp;280G
of the Code or result in the imposition of an excise Tax under Section&nbsp;4999 of the Code.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.39&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Labor
and Employment Matters</I></B>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Schedule
8.39(a)</U>&nbsp;sets forth a complete and accurate list of the (i)&nbsp;name and (ii)&nbsp;job title of each Business Employee. Seller
has made available to Buyer a true, correct and complete list that contains, for each Business Employee: (i)&nbsp;position to which such
employee reports (e.g., Lease Operator III reports to Production Superintendent); (ii)&nbsp;primary work location; (iii)&nbsp;base annualized
salary or hourly wage rate (as applicable); (iv)&nbsp;exempt or non-exempt status; (v)&nbsp;active or inactive status (and as applicable,
anticipated return date); (vi)&nbsp;full-time or part-time status; (vii)&nbsp;visa status (as applicable); (viii)&nbsp;date of hire;
and (ix)&nbsp;designation as field or non-field employee.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
Seller, with respect to the Assets, is neither party to, nor bound by, any Labor Agreement; there are no Labor Agreements that pertain
to any of the Business Employees with respect to their employment with Seller, and none are currently being negotiated; and no Business
Employees are represented by any labor union, labor organization, works council, employee representative or group of employees with respect
to their employment with the Seller. To Seller&rsquo;s Knowledge, in the past three (3)&nbsp;years, there have been no labor organizing
activities with respect to any current or former Business Employees with respect to their employment with the Seller. In the past three
(3)&nbsp;years, there has been no actual or, to Seller&rsquo;s Knowledge, threatened unfair labor practice charges, material labor grievances,
material labor arbitrations, strikes, lockouts, material work stoppages&nbsp;or slowdowns, picketing, hand billing or other material
labor disputes against the Seller or affecting the Assets.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;With
respect to the Assets and current and former Business Employees, the Seller is, and for the last three (3)&nbsp;years has been, in compliance,
in all material respects, with all applicable Laws respecting labor, employment and employment practices, including all Laws respecting
terms and conditions of employment, health and safety, wages and hours (including the classification and treatment of independent contractors
and exempt and non-exempt employees), immigration (including the completion of Forms I-9 for all employees and the proper confirmation
of employee visas), employment discrimination, harassment, retaliation, restrictive covenants, pay transparency, disability rights or
benefits, equal opportunity, plant closures and layoffs (including the WARN Act), workers&rsquo; compensation, labor relations, employee
leave issues, employee trainings and notices, affirmative action, child labor, automated employment decision tools and other artificial
intelligence and unemployment insurance.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Except
as would not result in material Liability for the Assets: (i)&nbsp;the Seller has fully and timely paid all wages, salaries, wage premiums,
commissions, bonuses, severance and termination payments, fees and other compensation that have come due and payable to current or former
Business Employees and independent contractors of the Seller under applicable Laws, Contract or the Seller&rsquo;s policy; and (ii)&nbsp;each
individual who is providing or within the past three (3)&nbsp;years has provided services with respect to the Assets and is or was classified
and treated as an independent contractor, consultant, leased employee or other non-employee service provider, is and has been properly
classified and treated as such for all applicable purposes.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>8.40&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Affiliate
Arrangements</I></B>. Except as set forth on <U>Schedule &lrm;8.40</U>, there are no Affiliate Arrangements relating to the Assets or
the ownership, operation, development or use of the Assets that, in each case, will (a)&nbsp;not be terminated on or prior to the Closing,
and (b)&nbsp;be applicable to, binding upon or otherwise burden any of the Assets or the ownership, operation, development or use of
the Assets from and after the Closing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>Article&nbsp;IX
</B></FONT><B><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><BR>
REPRESENTATIONS AND WARRANTIES OF BUYER</FONT></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Each
of Infinity and NOG represents and warrants to Seller, on a several, and not joint and several, basis, as of the Execution Date as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>9.1&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Organization,
Existence and Qualification</I></B><I>.</I> Such Buyer is a limited liability company or corporation, as applicable, duly formed and
validly existing under the Laws of the jurisdiction of its formation and such Buyer has all requisite power and authority to own and
operate its property and to carry on its business as now conducted. Such Buyer is duly licensed or qualified to do business as a foreign
limited liability company or corporation, as applicable, in all jurisdictions in which it carries on business or owns assets and such
qualification is required by Law except where the failure to be so qualified would not reasonably be expected to have a material adverse
effect upon the ability of such Buyer to consummate the transactions contemplated by this Agreement. Such Buyer is duly licensed or qualified
to do business in Ohio.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>9.2&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Authority,
Approval and Enforceability</I></B><I>.</I> Such Buyer has full power and authority to enter into and perform this Agreement and the
Transaction Documents to which it is a party and the transactions contemplated herein and therein. The execution, delivery and performance
by such Buyer of this Agreement have been duly and validly authorized and approved by all necessary limited liability company or corporate,
as applicable, action on the part of such Buyer. This Agreement is, and the Transaction Documents to which Buyer is a party when executed
and delivered by such Buyer will be, the valid and binding obligation of such Buyer and enforceable against such Buyer in accordance
with their respective terms, subject to the effects of bankruptcy, insolvency, reorganization, moratorium and similar Laws, as well as
to principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at Law).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>9.3&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;No
Conflicts</I></B><I>.</I> Assuming receipt of all consents and approvals from Third Parties (including in connection with the HSR Act)
in connection with the transactions contemplated by this Agreement, the execution, delivery and performance by such Buyer of this Agreement
and the consummation of the transactions contemplated herein will not (a)&nbsp;conflict with, violate or result in a breach of any provisions
of the organizational or other governing documents of such Buyer, (b)&nbsp;result in (with or without the giving of notice, or passage
of time or both) a default or the creation of any Encumbrance or give rise to any right of termination, cancellation or acceleration
under any of the terms, conditions or provisions of any note, bond, mortgage, indenture, license or other material agreement to which
such Buyer is a party or by which such Buyer or any of its property may be bound or (c)&nbsp;violate any Law applicable to such Buyer
or any of its property, except in the case of <I>clauses (b)</I>&nbsp;and (<I>c)</I>&nbsp;where such default, Encumbrance, termination,
cancellation, acceleration or violation would not have a material adverse effect upon the ability of such Buyer to consummate the transactions
contemplated by this Agreement or perform its obligations hereunder.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>9.4&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Consents</I></B><I>.</I>
Except for compliance with the HSR Act, if applicable, there are no consents or other restrictions on assignment, including requirements
for consents from Third Parties to any assignment (in each case) that such Buyer is required to obtain in connection with the transfer
of the Assets from Seller to such Buyer or the consummation of the transactions contemplated by this Agreement by such Buyer.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>9.5&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Bankruptcy</I></B><I>.</I>
There are no bankruptcy, insolvency, reorganization or receivership proceedings pending, being contemplated by or, to such Buyer&rsquo;s
Knowledge, threatened in writing against such Buyer or any Affiliate thereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>9.6&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Litigation</I></B><I>.</I>
There is no suit, action or litigation by any Person by or before any Governmental Authority, and no arbitration proceedings, (in each
case) pending, or to such Buyer&rsquo;s Knowledge, threatened in writing, against such Buyer, that would have a material adverse effect
upon the ability of such Buyer to consummate the transactions contemplated by this Agreement or perform its obligations hereunder.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>9.7&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Financing.</I></B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Such
Buyer (i)&nbsp;has, as of the Execution Date, sufficient cash on hand to enable such Buyer to fund the respective Buyer Pro Rata Share
of Deposit on the Execution Date and (ii)&nbsp;has, or will have as of the Closing Date, sufficient cash, available lines of credit or
other sources of immediately available funds (in Dollars) (which may include, for the avoidance of doubt, proceeds of the Debt Financing
and Other Sources) for the satisfaction of all of such Buyer&rsquo;s respective Buyer Pro Rata Share of obligations under this Agreement,
including (A)&nbsp;paying the Purchase Price at Closing and (B)&nbsp;paying all fees and expenses of such Buyer and its Affiliates (and
to the extent such Buyer is responsible therefor under this Agreement, any other Person) related to the transactions contemplated by
this Agreement (collectively, the &ldquo;<B><I>Funding Requirements</I></B>&rdquo;). Such Buyer acknowledges and agrees that the obligations
of Buyer under this Agreement are not in any way contingent upon or otherwise subject to Buyer&rsquo;s consummation of any financing
arrangement or obtaining any financing or the availability, grant, provision or extension of any financing (in each case, including the
Debt Financing and any Alternative Financing) to Buyer.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;As
of the Execution Date,&nbsp;Infinity has received and delivered to Seller an executed debt commitment letter, dated as of the date hereof
(including all exhibits, schedules and annexes thereto collectively, the &ldquo;<B><I>Debt Commitment Letter</I></B>&rdquo;) and all
fee letters associated therewith (as amended, supplemented, extended, replaced or otherwise modified from time to time in accordance
with the terms hereof, collectively, the &ldquo;<B><I>Fee Letter</I></B>&rdquo;) (<I>provided</I> that provisions in the Fee Letter related
to fees, economic terms and &ldquo;market flex&rdquo; terms may be redacted in customary fashion (none of which redacted provisions could
reasonably be expected to impose additional conditions or contingencies on the availability of the Debt Financing at the Closing)), pursuant
to which the Debt Financing Sources party thereto have committed, subject to the terms and conditions set forth therein, to provide to
Infinity the amount of debt financing set forth therein to fund the Funding Requirements. Infinity has fully paid any and all commitment
fees or other fees required by the Debt Commitment Letter to be paid on or before the date hereof. As of the Execution Date, the Debt
Commitment Letter is a legal, valid and binding obligation of Infinity, and to the knowledge of Infinity, each other party thereto, and
is in full force and effect, enforceable against Infinity and, to the knowledge of Infinity, the other parties thereto, in each case,
subject to (i)&nbsp;applicable bankruptcy, insolvency, reorganization, moratorium and other similar Laws of general application from
time to time in effect that affect creditors&rsquo; rights generally and (ii)&nbsp;general principles of equity, and has not been amended,
modified, withdrawn, terminated or rescinded in any respect, and no event has occurred which (with or without notice, lapse of time or
both) would reasonably be expected to constitute a breach thereunder on the part of Infinity, or to the knowledge of the Infinity, any
other party thereto. As of the Execution Date, no amendment or modification to, or withdrawal, termination or rescission of, the Debt
Commitment Letter is currently contemplated by Infinity or any of its Affiliates or, to the knowledge of Infinity, any Debt Financing
Source, and the commitments contained in the Debt Commitment Letter have not been withdrawn or rescinded in any respect. As of the Execution
Date, there are no side letters or other agreements to which Infinity is party related to the funding of the Debt Financing other than
as expressly set forth in the Debt Commitment Letter and the Fee Letter that would impose any new conditions or expand the existing conditions
to the Debt Financing Sources&rsquo; provision of the Financing at the Closing or that would otherwise materially and adversely affect
or delay the availability of the Financing at the Closing. The funding of the full amount of the Debt Financing contemplated by the Debt
Commitment Letter is not subject to any conditions or other contingencies other than as set forth expressly therein.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>9.8&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Regulatory</I></B><I>.</I>
Such Buyer is qualified to own and, with respect to Infinity or its applicable Affiliate which shall operate the Assets following Closing,
as of the Closing Date, assume operatorship of oil, gas and mineral leases in all jurisdictions where the Assets are located, and the
consummation of the transactions contemplated by this Agreement will not cause such Buyer to be disqualified as such an owner or, with
respect to Infinity or its applicable Affiliate, operator. To the extent required by any applicable Laws, (a)&nbsp;Infinity or its applicable
Affiliate, shall, as of the Closing Date, hold all lease bonds, letters of credit, guarantees or any other surety instruments as may
be required by, and in accordance with, all applicable Laws governing the ownership and operation of the Assets and (b)&nbsp;such Buyer
shall, as of the Closing Date, have filed any and all required reports necessary for such ownership and, with respect to Infinity or
its applicable Affiliate, operation with all Governmental Authorities having jurisdiction over such ownership and operation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>9.9&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Independent
Evaluation</I></B><I>.</I> Buyer is sophisticated in the evaluation, purchase, ownership and operation of oil and gas properties and
related facilities. In making its decision to enter into this Agreement and to consummate the transactions contemplated hereby, Buyer
has (a)&nbsp;relied on the representations and warranties of Seller set forth in <I>Article&nbsp;VIII</I> and (b)&nbsp;relied on its
own independent investigation and evaluation of the Assets and the advice of its own legal, Tax, economic, environmental, engineering,
geological and geophysical advisors and not on any comments, statements, projections or other material made or given by any representative,
consultant or advisor of Seller. Buyer acknowledges and affirms that on or prior to Closing, assuming Seller&rsquo;s compliance with
the terms of this Agreement, Buyer will have completed its independent investigation, verification, analysis, and evaluation of the Assets
and made all such reviews and inspections of the Assets as it has deemed necessary or appropriate to consummate the transaction contemplated
hereunder; <I>provided</I>, <I>however</I>, that no such investigation, verification, analysis or evaluation (or absence thereof) shall
reduce, modify, release or waive any of Seller&rsquo;s obligations or Liabilities hereunder or under any of the other Transaction Documents.
<B>BUYER UNDERSTANDS AND ACKNOWLEDGES THAT NEITHER THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION NOR ANY OTHER GOVERNMENTAL AUTHORITY
HAS PASSED UPON THE ASSETS OR MADE ANY FINDING OR DETERMINATION AS TO THE FAIRNESS OF AN INVESTMENT IN THE ASSETS OR THE ACCURACY OR
ADEQUACY OF THE DISCLOSURES MADE TO BUYER, AND, EXCEPT AS SET FORTH IN <FONT STYLE="text-transform: uppercase"><I>Article&nbsp;XIII</I></FONT>,
BUYER IS NOT ENTITLED TO CANCEL, TERMINATE OR REVOKE THIS AGREEMENT, WHETHER DUE TO THE INABILITY OF BUYER TO OBTAIN FINANCING OR PAY
THE PURCHASE PRICE, OR OTHERWISE.</B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>9.10&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Brokers&rsquo;
Fees</I></B><I>.</I> Such Buyer has incurred no liability, contingent or otherwise, for brokers&rsquo; or finders&rsquo; fees relating
to the transactions contemplated by this Agreement for which Seller or Seller&rsquo;s Affiliates shall have any responsibility.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>9.11&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Accredited
Investor</I></B><I>.</I> Such Buyer is an &ldquo;accredited investor,&rdquo; as such term is defined in Regulation D of the Securities
Act and will acquire the Assets for its own account and not with a view to a sale or distribution thereof in violation of the Securities
Act, any applicable state blue sky Laws or any other applicable securities Laws.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: lightgrey">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>9.12&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Due
Diligence</I></B><I>.</I> Without limiting or impairing any representation, warranty, covenant or agreement of Seller contained in this
Agreement, the documents to be delivered by Seller at Closing, Buyer&rsquo;s rights under <I>Section&nbsp;10.4</I>, Buyer&rsquo;s rights
under the R&amp;W Insurance Policy and/or Buyer&rsquo;s rights under <I>Article&nbsp;V</I> and <I>Article&nbsp;VI</I>, without limiting
the generality of the foregoing, as of the Closing Date, and assuming Seller&rsquo;s compliance with the terms of this Agreement, Buyer
and its representatives have: (a)&nbsp;been permitted reasonable access to all materials relating to the Assets; (b)&nbsp;been afforded
the opportunity to ask questions of Seller (or Seller&rsquo;s representatives) concerning the Assets; (c)&nbsp;been afforded the opportunity
to investigate the condition of the Assets; and (d)&nbsp;had the opportunity to take such other actions and make such other independent
investigations as Buyer deems necessary to evaluate the Assets and understand the merits and risks of an investment therein and to verify
the truth, accuracy and completeness of the materials, documents and other information provided or made available to Buyer (whether by
Seller or otherwise). WITHOUT LIMITATION OF BUYER&rsquo;S RIGHTS UNDER THE R&amp;W INSURANCE POLICY, BUYER&rsquo;S RIGHTS UNDER <I>SECTION&nbsp;10.4</I>,
AND/OR BUYER&rsquo;S RIGHTS UNDER <FONT STYLE="text-transform: uppercase"><I>Article&nbsp;V</I> AND <I>Article&nbsp;VI</I></FONT>, AND
ABSENT FRAUD, BUYER WAIVES ANY CLAIMS ARISING OUT OF ANY MATERIALS, DOCUMENTS OR OTHER INFORMATION PROVIDED OR MADE AVAILABLE TO BUYER
OR ANY OF BUYER&rsquo;S REPRESENTATIVES (WHETHER BY SELLER OR OTHERWISE), WHETHER UNDER THIS AGREEMENT, AT COMMON LAW, BY STATUTE OR
OTHERWISE.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>9.13&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Business
Use, Bargaining Position</I></B><I>.</I> Buyer is purchasing the Assets for commercial or business use. Buyer is not in a significantly
disparate bargaining position with Seller. BUYER FURTHER RECOGNIZES THAT SELLER,&nbsp;IN DETERMINING TO PROCEED WITH ENTERING INTO THIS
AGREEMENT, HAS EXPRESSLY RELIED ON THE PROVISIONS OF THIS <FONT STYLE="text-transform: uppercase"><I>Article&nbsp;IX</I></FONT><I>.</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>Article&nbsp;X
</B></FONT><B><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><BR>
BUYER&rsquo;S CONDITIONS TO CLOSING</FONT></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
obligations of Buyer to consummate the transactions provided for herein are subject, at the option of Buyer, to the fulfillment by Seller
or waiver by Buyer, on or prior to Closing, of each of the following conditions:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>10.1&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Representations</I></B><I>.</I>
(a)&nbsp;Each of the Fundamental Representations shall be true and correct in all respects (other than <I>de minimis </I>inaccuracies)
as of the Closing Date, as though made on and as of the Closing Date (other than representations and warranties that refer to a specified
date, which need only be true and correct on and as of such specified date) and (b)&nbsp;each of the other representations and warranties
of Seller set forth in <I>Article&nbsp;VIII</I> (other than the Fundamental Representations) shall be true and correct in all respects
on and as of the Closing Date, with the same force and without giving effect to any qualifiers as to materiality, Material Adverse Effect
or material adverse effect as though such representations and warranties had been made or given on and as of the Closing Date (other
than representations and warranties that refer to a specified date, which need only be true and correct on and as of such specified date),
except with respect to <I>clause (b)</I>, for those breaches, if any, of such representations and warranties that in the aggregate would
not have a Material Adverse Effect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>10.2&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Performance</I></B><I>.</I>
Seller shall have performed or complied, in all material respects, with all obligations, agreements and covenants contained in this Agreement
as to which performance or compliance by Seller is required prior to or at the Closing Date.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>10.3&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;No
Legal Proceedings</I></B><I>.</I> (a)&nbsp;No suit, action or other proceeding by any Third Party shall be pending before any Governmental
Authority (i)&nbsp;seeking to restrain, prohibit, enjoin or declare illegal, or (ii)&nbsp;seeking substantial damages in connection with,
in each case, the transactions contemplated by this Agreement, and (b)&nbsp;no statute, rule, regulation, executive order, decree, temporary
restraining order, preliminary or permanent injunction, judgment or other order shall have been enacted, entered, promulgated, enforced
or issued by any Governmental Authority preventing or attempting to prevent the consummation of the transactions contemplated by this
Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>10.4&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Title
Defects and Environmental Defects</I></B><I>.</I> The sum of (a)&nbsp;all Title Defect Amounts (<I>less</I> the sum of all offsetting
Title Benefit Amounts) as agreed upon by Seller and Buyer or finally determined pursuant to <I>Section&nbsp;5.2(h)&nbsp;</I>and <I>Section&nbsp;13.1(f)</I>,
<I>plus</I> (b)&nbsp;all Remediation Amounts for Environmental Defects as agreed upon by Seller and Buyer or finally determined pursuant
to <I>Section&nbsp;6.1(f)</I>&nbsp;and <I>Section&nbsp;13.1(f)</I>, <I>plus</I> (c)&nbsp;all reductions to the Purchase Price pursuant
to <I>Section&nbsp;5.4(b)</I>&nbsp;and <I>Section&nbsp;5.4(c)</I>, <I>plus</I> (d)&nbsp;the amount of all Casualty Losses occurring between
the Execution Date and Closing as provided in <I>Section&nbsp;5.3</I> be less than twenty-five percent (25%) of the Purchase Price.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>10.5&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Closing
Certificate</I></B><I>.</I> Seller shall have executed and delivered to Buyer an officer&rsquo;s certificate, dated as of the Closing
Date and substantially in the form of <U>Exhibit&nbsp;M</U> (the &ldquo;<B><I>Seller Closing Certificate</I></B>&rdquo;), certifying
that the conditions set forth in <I>Section&nbsp;10.1</I> and <I>Section&nbsp;10.2</I> have been fulfilled and, if applicable, any exceptions
to such conditions that have been waived by Buyer.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>10.6&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Closing
Deliverables</I></B><I>.</I> Seller shall be ready, willing and able to deliver to Buyer at the Closing the documents and items required
to be delivered by Seller under <I>Section&nbsp;12.4</I>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>10.7&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;HSR
Act</I></B><I>.</I> If applicable, all waiting periods (and any extensions thereof) under the HSR Act shall have expired or otherwise
been terminated.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>10.8&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Concurrent
PSA</I></B>. The &ldquo;Closing&rdquo; as defined in the Concurrent PSA shall occur simultaneously with the Closing hereunder.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>Article&nbsp;XI
</B></FONT><B><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><BR>
SELLER&rsquo;S CONDITIONS TO CLOSING</FONT></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
obligations of Seller to consummate the transactions provided for herein are subject, at the option of Seller, to the fulfillment by
Buyer or waiver by Seller on or prior to Closing of each of the following conditions:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>11.1&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Representations</I></B><I>.</I>
Each of the representations and warranties of Buyer set forth in <I>Article&nbsp;IX</I> shall be true and correct in all material respects
on and as of the Closing Date, with the same force and effect as though such representations and warranties had been made or given on
and as of the Closing Date (other than representations and warranties that refer to a specified date, which need only be true and correct
on and as of such specified date).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>11.2&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Performance</I></B><I>.</I>
Buyer shall have performed or complied with, in all material respects, all obligations, agreements and covenants contained in this Agreement
as to which performance or compliance by Buyer is required prior to or at the Closing Date.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>11.3&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;No
Legal Proceedings</I></B><I>.</I> (a)&nbsp;No suit, action or other proceeding by any Third Party shall be pending before any Governmental
Authority (i)&nbsp;seeking to restrain, prohibit, enjoin or declare illegal, or (ii)&nbsp;seeking substantial damages in connection with,
in each case, the transactions contemplated by this Agreement, and (b)&nbsp;no statute, rule, regulation, executive order, decree, temporary
restraining order, preliminary or permanent injunction, judgment or other order shall have been enacted, entered, promulgated, enforced
or issued by any Governmental Authority preventing or attempting to prevent the consummation of the transactions contemplated by this
Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>11.4&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Title
Defects and Environmental Defects</I></B><I>.</I> The sum of (a)&nbsp;all Title Defect Amounts (<I>less</I> the sum of all offsetting
Title Benefit Amounts) as agreed upon by Seller and Buyer or finally determined pursuant to <I>Section&nbsp;5.2(h)&nbsp;</I>and <I>Section&nbsp;13.1(f)</I>,
<I>plus</I> (b)&nbsp;all Remediation Amounts for Environmental Defects as agreed upon by Seller and Buyer or finally determined pursuant
to <I>Section&nbsp;6.1(f)</I>&nbsp;and <I>Section&nbsp;13.1(f)</I>, <I>plus</I> (c)&nbsp;all reductions to the Purchase Price pursuant
to <I>Section&nbsp;5.4(b)</I>&nbsp;and <I>Section&nbsp;5.4(c)</I>, <I>plus</I> (d)&nbsp;the amount of all Casualty Losses occurring between
the Execution Date and Closing as provided in <I>Section&nbsp;5.3</I> be less than twenty-five percent (25%) of the Purchase Price.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>11.5&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Closing
Certificate</I></B><I>.</I> Buyer shall have executed and delivered to Seller an officer&rsquo;s certificate, dated as of the Closing
Date and substantially in the form of <U>Exhibit&nbsp;N</U> (the &ldquo;<B><I>Buyer Closing Certificate</I></B>&rdquo;), certifying that
the conditions set forth in <I>Section&nbsp;11.1</I> and <I>Section&nbsp;11.2</I> have been fulfilled (and, if applicable, any exceptions
to such conditions that have been waived by Seller).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>11.6&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Closing
Deliverables</I></B><I>.</I> Buyer shall be ready, willing and able to deliver to Seller at the Closing the documents and items required
to be delivered by Buyer under <I>Section&nbsp;12.4</I>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>11.7&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;HSR
Act</I></B><I>.</I> If applicable, all waiting periods (and any extensions thereof) under the HSR Act shall have expired or otherwise
been terminated.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>11.8&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Concurrent
PSA</I></B>. The &ldquo;Closing&rdquo; as defined in the Concurrent PSA shall occur simultaneously with the Closing hereunder.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>Article&nbsp;XII
</B></FONT><B><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><BR>
CLOSING</FONT></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>12.1&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Date
of Closing</I></B><I>.</I> Subject to the conditions set forth in this Agreement, the sale by Seller and the purchase by Buyer of the
Assets pursuant to this Agreement (the &ldquo;<B><I>Closing</I></B>&rdquo;) shall occur on 11:00a.m.&nbsp;(Eastern Time) on February&nbsp;23,
2026 (the &ldquo;<B><I>Scheduled Closing Date</I></B>&rdquo;), or such other date as Buyer and Seller may agree upon in writing; provided
that if the conditions to Closing in <I>Article&nbsp;X</I> and <I>Article&nbsp;XI</I> have not yet been satisfied or waived by the Scheduled
Closing Date, then Closing shall occur five (5)&nbsp;Business Days after such conditions have been satisfied or waived, but in no event
later than the Outside Date. The date Closing actually occurs shall be the &ldquo;<B><I>Closing Date</I></B>&rdquo;.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>12.2&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Place
of Closing</I></B><I>.</I> Closing shall be held at the office of Vinson&nbsp;&amp; Elkins LLP in Houston, Texas, or by such other means
as agreed to in writing by the Parties.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>12.3&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Failure
to Close</I></B>. If the conditions to Closing under Article<I>&nbsp;X </I>with respect to Buyer and under <I>Article&nbsp;XI</I> with
respect to Seller, as applicable, have been satisfied or waived on or before the Outside Date, and such Party fails to close, such Party
failing to close shall be deemed to be in Willful Breach of the obligations it has undertaken hereunder to perform at Closing and shall
be subject to the provisions of <I>Article&nbsp;XIII</I> below.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>12.4&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Closing
Obligations</I></B><I>.</I> At Closing, the following documents shall be delivered and the following events shall occur, the execution
of each document and the occurrence of each event being a condition precedent to the others and each being deemed to have occurred simultaneously
with the others:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Seller
and Buyer shall execute, acknowledge and deliver the Assignment and Deed in sufficient counterparts to facilitate recording in the applicable
counties where the Assets are located.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Seller
and Buyer shall execute and deliver the Preliminary Settlement Statement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Seller
shall deliver evidence reasonably satisfactory to Buyer that the Transferred Vehicles have been released from Seller&rsquo;s lease contract
and transferred to Infinity, subject only to the occurrence of Closing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Seller
and Buyer shall deliver an executed counterpart of a joint written instruction directing the Escrow Agent to (i)&nbsp;release to Seller
an amount equal to (A)&nbsp;the Deposit (plus and interest), <I>minus</I> (B)&nbsp;the Defect Escrow Amount (unless actually funded in
lieu or netting the Deposit), and (ii)&nbsp;redesignate the Escrow Account as the Defect Escrow Account, if applicable.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Seller
shall deliver a duly completed and executed IRS Form&nbsp;W-9 of each Seller (or, if such Seller is treated as an entity disregarded
as separate from its regarded tax owner for U.S. federal income tax purposes, the Person that is treated as its regarded tax owner for
such purpose with such Seller&rsquo;s name listed on line 2).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Infinity
and NOG shall each deliver to Seller, to the account designated in the Preliminary Settlement Statement, by direct bank or wire transfer
in same day funds, such Buyer&rsquo;s respective Buyer Pro Rata Share of the (i)&nbsp;Adjusted Purchase Price; <I>minus</I> (ii)&nbsp;the
Deposit; <I>minus</I> (iii)&nbsp;the Defect Escrow Amount (if any).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(g)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;if
applicable,&nbsp;Infinity and NOG shall each deliver to the Escrow Agent by wire transfer to the Escrow Account such Buyer&rsquo;s respective
Buyer Pro Rata Share of an amount equal to the amount by which (i)&nbsp;the sum of: (A)&nbsp;the aggregate disputed Title Defect Amount;
<I>plus</I> (B)&nbsp;the aggregate disputed Remediation Amount; <I>plus</I> (C)&nbsp;the aggregate amount of alleged Title Defect Amounts
associated with Title Defects that Seller has elected to cure pursuant to <I>Section&nbsp;5.2(c)(iv)</I>&nbsp;that are not yet cured
as of the Closing Date (collectively, the &ldquo;<B><I>Defect Escrow Amount</I></B>&rdquo;) <I>exceeds</I> (ii)&nbsp;the Deposit.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(h)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Seller
shall deliver letters in lieu of transfer orders, prepared by Seller and reasonably acceptable to Buyer, directing all purchasers of
production to make payment to Buyer of proceeds attributable to production from the Assets from and after the Effective Time, for delivery
by Buyer to the purchasers of production.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Seller
and Buyer shall execute and deliver all forms and applications, prepared by Buyer and reasonably acceptable to Seller, required or permitted
by Law or any applicable Governmental Authorities designating Buyer or Infinity (or its designee), as applicable, as owner and/or operator
of record, as applicable, with respect to the Assets, including all items required by R.C. 1509.31.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(j)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Seller
and Buyer shall execute and deliver assignments, on appropriate forms prepared by Seller and reasonably acceptable to Buyer, of state
and of federal Leases comprising portions of the Assets, if any, in sufficient counterparts to facilitate filing with the applicable
Governmental Authority.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(k)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Buyer
shall furnish evidence that the requirements to own and/or operate the Assets, including bonds, letters of credit, guarantees and other
surety instruments set forth on <U>Schedule 7.2</U>, from any Governmental Authority having jurisdiction, or as required by any Applicable
Contract, have been satisfied.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(l)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Seller
shall deliver the executed Seller Closing Certificate.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(m)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Buyer
shall deliver the executed Buyer Closing Certificate.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(n)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Seller
and Buyer shall deliver an executed counterpart of the Transition Services Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(o)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Seller
shall deliver applicable release documents (including draft UCC-3 statements) in form and substance reasonably satisfactory to Buyer
(including authorizations from the applicable secured party, lienholder or mortgagee for Buyer or its designee to file or record any
and all such releases and terminations) necessary to evidence the release and termination of any Encumbrance burdening the Assets arising
under any Debt Instruments in sufficient counterparts for recordation in each of the counties in which the Assets are located or other
applicable jurisdiction, in each case and for the avoidance of doubt, excluding all Permitted Encumbrances (the &ldquo;<B><I>Lien Releases</I></B>&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(p)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B><I>Reserved</I></B>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(q)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Antero
Resources and Infinity shall each execute and deliver all documents and take all other actions required to be taken by such Party upon
the Closing as and to the extent provided in the Capacity Side Letter.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(r)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Seller
and Buyer shall execute and deliver any other agreements, instruments and documents which are required by other terms of this Agreement
to be executed and/or delivered at Closing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>12.5&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Records</I></B><I>.</I>
In addition to the obligations set forth under <I>Section&nbsp;12.4</I> above, but notwithstanding anything herein to the contrary, no
later than ninety (90) days following the Closing Date, at Buyer&rsquo;s sole cost and expense, Seller shall make available to Buyer
the copies of the Records for pickup from Seller&rsquo;s offices during normal business hours.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>12.6&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Recording</I></B>.
As soon as practicable after Closing, Buyer, at its sole cost, shall record the Assignment and Deed in the appropriate counties and provide
Seller with copies of the recorded Assignment.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>12.7&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Post-Closing
Obligations</I></B>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Buyer,
at its sole cost, shall no later than thirty (30) days after Closing, do the following, <I>provided</I> that Seller agrees to reasonably
cooperate with Buyer at Buyer&rsquo;s sole cost and expense (x)&nbsp;in its performance of the following and (y)&nbsp;with the preparation
of all documents and applications required in the following:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;file
for approval with any Governmental Authorities having jurisdiction (including state, federal, tribal, and local) the transfer documents
required to effectuate the transfer of the Assets, including a Form&nbsp;7 with Ohio Department of Natural Resources Division of Oil
and Gas Resources Management;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;execute,
acknowledge (if necessary) and exchange, as applicable, any applications necessary to transfer to Buyer any transferable Permits to which
the Assets are subject and that Seller has agreed to transfer under this Agreement;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;without
limiting any of Seller&rsquo;s remedies under this Agreement for such matters that are required to be completed by Buyer at or prior
to Closing hereunder, file all appropriate forms, declarations and bonds, letters of credit, guarantees or other surety instruments (or
other authorized forms of security) with all applicable Governmental Authorities and third parties relative to Buyer&rsquo;s assumption
of operations or the transfer of the Assets;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;prepare
and execute (and deliver to Seller for execution as applicable) and deliver to applicable Governmental Authorities appropriate change
of operator notices and third-party ballots required under applicable operating agreements or pooling or unitization order;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;if
applicable, send notices to vendors supplying goods and services for the Assets and to the operator of such Assets of the assignment
of such Assets to Buyer; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;actively
pursue all other consents and approvals that may be required in connection with the assignment of the Assets to Buyer and the assumption
of the Liabilities assumed by Buyer hereunder, that, in each case, shall not have been obtained prior to Closing. Buyer obligates itself
to take any and all action required by any Governmental Authority in order to obtain such unconditional approval, including the posting
of any and all bonds, letters of credit, guarantees or other surety instruments that may be required in excess of its existing lease,
pipeline or area-wide bond.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;To
the extent necessary, the Parties shall revise the information included on any applicable exhibit to the Assignment to comply with the
recording requirements of the applicable county or to correct manifest errors.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Each
Party agrees to provide the other Party with approved copies of the documents contemplated by this <I>Section&nbsp;12.7</I>, as soon
as they are available.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;As
promptly as practicable, but in any case within sixty (60) days after the Closing Date, Buyer shall eliminate the names Antero, Antero
Resources, Antero Midstream LLC, Antero Resources Corporation, Antero Minerals LLC, Monroe Pipeline LLC and any variants thereof from
the Assets acquired pursuant to this Agreement and, except with respect to such grace period for eliminating existing usage, shall have
no right to use any logos, trademarks or trade names belonging to Seller or any of its Affiliates.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>Article&nbsp;XIII
</B></FONT><B><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><BR>
TERMINATION; DEFAULT AND REMEDIES</FONT></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>13.1&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Right
of Termination</I></B><I>.</I> This Agreement and the transactions contemplated herein may be terminated at any time prior to Closing:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;by
the mutual written agreement of the Parties;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;by
delivery of written notice from Buyer to Seller if any of the conditions set forth in <I>Article&nbsp;X</I> (other than the conditions
set forth in <I>Section&nbsp;10.3, Section&nbsp;10.4</I> or <I>Section&nbsp;10.7</I>) have not been satisfied by Seller (or waived by
Buyer) on or before the Outside Date;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;by
delivery of written notice from Seller to Buyer if any of the conditions set forth in <I>Article&nbsp;XI</I> (other than the conditions
set forth in <I>Section&nbsp;11.3</I>, <I>Section&nbsp;11.4</I> or <I>Section&nbsp;11.7</I>) have not been satisfied by Buyer (or waived
by Seller) on or before the Outside Date;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;by
either Party delivering written notice to the other Party if any of the conditions set forth in <I>Section&nbsp;10.3</I>, <I>Section&nbsp;10.7</I>,
<I>Section&nbsp;11.3</I> or <I>Section&nbsp;11.7 </I>are not satisfied or waived by the applicable Party on or before the Outside Date;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;by
either Party, at any time at and after the Scheduled Closing Date, if (i)&nbsp;the conditions set forth in Article<I>&nbsp;X</I> and
<I>Article&nbsp;XI</I> (other than those conditions that by their terms are to be satisfied at Closing) have been satisfied or waived
in accordance with this Agreement, (ii)&nbsp;such Party has indicated in writing to the other Party that (A)&nbsp;the conditions set
forth in <I>Article&nbsp;X </I>or <I>Article&nbsp;XI</I>, as applicable, have been satisfied or waived (other than those conditions that
by their nature are to be satisfied by actions taken at the Closing) and (B)&nbsp;such Party stands, and will stand (through the period
specified below in clause (iii)&nbsp;below) ready, willing and able to consummate the Closing, and (iii)&nbsp;the other Party shall have
failed to consummate the Closing by the close of business on the third (3rd) Business Day following the other Party&rsquo;s receipt of
such written notification;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;by
(i)&nbsp;Buyer if the condition set forth in <I>Section&nbsp;10.4 </I>has not been satisfied on or before the Scheduled Closing Date
or (ii)&nbsp;by Seller if the condition set forth in <I>Section&nbsp;11.4</I> has not been satisfied on or before the Scheduled Closing
Date; <I>provided</I> that, if a Party notifies the other Party of its intention to terminate this Agreement pursuant to this <I>Section&nbsp;13.1(f)</I>,
such other Party may, prior to giving effect to such termination, elect by written notice to submit all unresolved disputes with respect
to the existence, extent or amount of any Title Defects, Title Defect Amounts, Title Benefits, Title Benefit Amounts, Environmental Defects,
Remediation Amounts for resolution by the applicable arbitrators in accordance with <I>Section&nbsp;5.2(h)</I>&nbsp;or <I>Section&nbsp;6.1(f)</I>,
as applicable, (<I>mutatis, mutandis</I>), for the sole and exclusive purpose of determining whether the condition in <I>Section&nbsp;10.4</I>
or <I>Section&nbsp;11.4</I>, as applicable, has been satisfied. In such case, the Parties shall select the arbitrators, as applicable,
within five Business Days of the delivery of the notice to pursue dispute resolution, each Party shall submit such Party&rsquo;s position
to the arbitrators, as applicable, within ten Business Days of the delivery of such notice and each Party shall instruct the arbitrators,
as applicable, to deliver its determination of the existence and/or values of such disputed matters within 10 days of delivery of such
notice. If any such notice to compel dispute resolution is delivered, no termination pursuant to this <I>Section&nbsp;13.1(f),</I> shall
be effective (and the Scheduled Closing Date shall be tolled) until final resolution of such arbitration. Nothing herein shall prevent
Buyer from electing to waive or withdraw any asserted Title Defect or Environmental Defect at any time prior to termination of this Agreement;
and</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(g)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;by
delivery of written notice from Seller to Buyer if Buyer fails to fund the Deposit in accordance with <U>Section&nbsp;3.2</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>provided</I>,
<I>however</I>, that no Party shall have the right to terminate this Agreement pursuant to <I>clauses (b)</I>, (<I>c)</I>, or (<I>e)</I>&nbsp;above
if such Party or its Affiliates are at such time in material breach of any provision of this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>13.2&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Effect</I></B></FONT><B><I>
<FONT STYLE="font-size: 10pt">of Termination</FONT></I></B><I><FONT STYLE="font-size: 10pt">.</FONT></I><FONT STYLE="font-size: 10pt">
If this Agreement is terminated pursuant to any provision of <I>Section&nbsp;13.1</I>, then, except as provided in this <I>Section&nbsp;13.2</I>
(and except for the provisions of <I>Section&nbsp;14.10</I>, <I>Article&nbsp;IV</I>, this <I>Article&nbsp;XIII</I>, and <I>Article&nbsp;XVI
</I>and such defined terms in <I>Section&nbsp;1.1</I> necessary to give context to the surviving provisions, all of which shall survive
and continue in full force and effect in accordance with the applicable statute of limitations), this Agreement shall forthwith become
void and of no further force or effect and the Parties shall have no liability or obligation hereunder.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>If
Seller has the right to terminate this Agreement pursuant to <I>Section&nbsp;13.1(c)</I>&nbsp;because of a Willful Breach by Buyer of
this Agreement, or pursuant to <I>Section&nbsp;13.1(e)</I>, Seller shall be entitled to, as its sole and exclusive remedy, terminate this
Agreement pursuant to <I>Section&nbsp;13.1</I> and receive the Deposit, and any interest thereon, as liquidated damages, and not as a
penalty, for such termination, free and clear of any claims thereon by Buyer. Within two (2)&nbsp;Business Days of Seller&rsquo;s election
to terminate, the Parties shall execute and deliver (or cause to be delivered) to the Escrow Agent a joint instruction letter directing
the Escrow Agent to release to Seller the Deposit, and any interest thereon, free and clear of any claims by Buyer under this Agreement
or otherwise. Following such termination, Seller shall be free to enjoy immediately all rights of ownership of the Assets and to sell,
transfer, encumber, or otherwise dispose of the Assets to any Person without any restriction under this Agreement. The Parties acknowledge
and agree that Seller&rsquo;s actual Liabilities for Buyer&rsquo;s material breach of this Agreement would be difficult or impossible
to ascertain with reasonable certainty and agree that the Deposit would be a good faith estimate of the actual damages reasonably expected
to result from such termination. The remedies provided in this Section&nbsp;13.2(a)&nbsp;shall be Seller&rsquo;s sole and exclusive remedy
if Seller elects to terminate pursuant to <I>Section&nbsp;13.1(c)</I>&nbsp;or <I>Section&nbsp;13.1(e)</I>&nbsp;or for any other breach
of this Agreement by Buyer (other than those provisions that are expressly provided in <I>Section&nbsp;13.2</I> to survive termination)
in the event the Closing does not occur (and Seller for itself and for its Affiliates hereby expressly waives any other remedy and damages
of any kind against Buyer or its Affiliates at law or equity).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>If
Buyer has the right to terminate this Agreement pursuant to <I>Section&nbsp;13.1(b)</I>&nbsp;because of a Willful Breach by Seller of
this Agreement, or <I>Section&nbsp;13.1(e)</I>&nbsp;above, Buyer shall be entitled to, as its sole and exclusive remedy, (i)&nbsp;terminate
this Agreement pursuant to <I>Section&nbsp;13.1</I> and receive the Deposit and seek to recover from Seller reimbursement all out of pocket
expenditures actually paid by Buyer to third parties, excluding any hedging fees or losses incurred by Buyer, up to but not exceeding
the amount of the Deposit, or (ii)&nbsp;in lieu of termination of this Agreement, seek the specific performance of Seller hereunder without
posting any bond or the necessity of proving the inadequacy as a remedy of monetary damages. If Buyer is entitled to the return of the
Deposit pursuant to this <I>Section&nbsp;13.2(b)</I>, then (1)&nbsp;within two (2)&nbsp;Business Days of Buyer&rsquo;s election, the Parties
shall execute and deliver (or cause to be delivered) to the Escrow Agent a joint instruction letter directing the Escrow Agent to release
the Deposit, and any interest thereon, to Infinity and NOG in accordance with their respective Buyer Pro Rata Shares, free and clear of
any claim thereto by Seller under this Agreement or otherwise and (2)&nbsp;Seller shall be free to enjoy immediately all rights of ownership
of the Assets and to sell, transfer, encumber, or otherwise dispose of the Assets to any Person without any restriction under this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>If
this Agreement is terminated for any reason other than as set forth in <I>Section&nbsp;13.2(a)</I>&nbsp;or <I>Section&nbsp;13.2(b)</I>,
then the Parties shall have no liability or obligation hereunder as a result of such termination (other than with respect to those provisions
that are expressly provided in this <I>Section&nbsp;13.2 </I>to survive termination), and within five (5)&nbsp;Business Days of the date
this Agreement is terminated, the Parties shall execute and deliver (or cause to be delivered) to the Escrow Agent a joint instruction
letter directing the Escrow Agent to release the Deposit and any interest thereon to Infinity and NOG in accordance with their respective
Buyer Pro Rata Shares, free and clear of any claim thereto by Seller under this Agreement or otherwise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Subject
to the foregoing, upon the termination of this Agreement neither Party shall have any other liability or obligation hereunder and following
any termination of this Agreement, Seller shall be free to all the rights and benefits associated with the ownership of the Assets, including
the right to sell the Assets at Seller&rsquo;s discretion, without any claim by Buyer with respect thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(e)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>The
Parties each acknowledge and agree that if Buyer elects its right to seek specific performance, injunctive relief or other equitable remedies
pursuant to <I>Section&nbsp;13.2(b)</I>, as applicable (1)&nbsp;no adequate remedy at law would exist for Buyer and damages would be difficult
to determine therefor, (2)&nbsp;Buyer is entitled to specific performance, injunctive relief and other equitable remedies of, from or
against Seller to enforce the performance by Seller of its obligations under this Agreement to consummate the transactions contemplated
by this Agreement (and proceed with the Closing), and the Parties hereby consent and agree to such specific performance, injunctive relief,
and other equitable remedies without the necessity of proving the inadequacy of money damages as a remedy and (3)&nbsp;Seller shall not
oppose the granting of such specific performance, injunctive relief and other equitable remedies with respect to Buyer&rsquo;s rights
thereto under <I>Section&nbsp;13.2(b)</I>, to specifically enforce the performance by Seller of its obligations under this Agreement to
consummate the transactions contemplated by this Agreement (and proceed with the Closing).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>13.3</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Return
of Documentation and Confidentiality</I></B><I>.</I> In addition to any obligations under the Confidentiality Agreement, upon termination
of this Agreement, Buyer shall promptly return or destroy (and provide written certification of such return or destruction) to Seller
all title, engineering, geological and geophysical data, environmental assessments and/or reports, maps, documents and other information
furnished by Seller to Buyer or prepared by or on behalf of Buyer in connection with its due diligence investigation of the Assets and
Buyer shall not retain any copies, extracts or other reproductions in whole or in part of such documents and information. An officer of
Buyer shall certify Buyer&rsquo;s compliance with this <I>Section&nbsp;13.3</I> to Seller in writing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000"><B>Article&nbsp;XIV
</B></FONT><B><BR>
ASSUMPTION; INDEMNIFICATION; SURVIVAL</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>14.1</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Assumption
by Buyer</I></B><I>.</I> Without limiting Buyer&rsquo;s rights with respect the R&amp;W Insurance Policy, for Seller&rsquo;s Fraud and
Buyer&rsquo;s rights and remedies under <I>Article&nbsp;V</I> and <I>Article&nbsp;VI </I>and Seller&rsquo;s special warranty of Defensible
Title in the Instruments of Conveyance, from and after the Closing, (x)&nbsp;Infinity assumes and hereby agrees to, fulfill, perform,
pay and discharge (or cause to be fulfilled, performed, paid and discharged) any and all Liabilities, damages and obligations, whether
known or unknown, arising from, based upon, related to, or associated with the Infinity Assets, but excluding, for the avoidance of doubt,
the Retained Consent Decree Obligations and those matters set forth on <U>Schedule 14.3</U> (collectively, the &ldquo;<B><I>Infinity Assumed
Obligations</I></B>&rdquo;), and (y)&nbsp;NOG assumes and hereby agrees to, fulfill, perform, pay and discharge (or cause to be fulfilled,
performed, paid and discharged) any and all Liabilities, damages and obligations, whether known or unknown, arising from, based upon,
related to, or associated with the NOG Assets, but excluding, for the avoidance of doubt, those matters set forth on <U>Schedule 14.3</U>
(collectively, the &ldquo;<B><I>NOG Assumed Obligations</I></B>&rdquo; and, together with the Infinity Assumed Obligations, the &ldquo;<B><I>Assumed
Obligations</I></B>&rdquo;) in each case of <I>clauses (x)</I>&nbsp;and <I>(y)</I>, whether attributable to any period prior to, at, or
after the Effective Time and excluding, for the avoidance of doubt, any Liabilities or obligations relating to any Benefit Plans, including
any and all Liabilities and obligations: (a)&nbsp;attributable to or resulting from the use, maintenance, ownership, or operation of the
Assets, regardless whether arising before, at or after the Effective Time; (b)&nbsp;imposed by any Laws or Governmental Authority relating
to the Assets; (c)&nbsp;for Remediation, plugging, abandonment, decommissioning and surface restoration of the Assets, including oil,
gas, injection, water, or other wells and all surface facilities, including obligations to re-plug any well, wellbore or previously plugged
Well on the Assets to the extent required or necessary under applicable Laws or under Applicable Contracts; (d)&nbsp;subject to Buyer&rsquo;s
rights and remedies set forth in <I>Article&nbsp;V</I> and <I>Article&nbsp;VI</I> and Seller&rsquo;s special warranty of Defensible Title
in the Instruments of Conveyance, attributable to or resulting from the lack of Defensible Title to the Assets; (e)&nbsp;attributable
to the Suspense Funds, to the extent actually received by Buyer (or for which a reduction to the Purchase Price was made); (f)&nbsp;to
furnish makeup gas and/or settle Imbalances according to the terms of applicable gas sales, processing, gathering or transportation Applicable
Contracts included in the Assets; (g)&nbsp;subject to Buyer&rsquo;s rights and remedies set forth in <I>Article&nbsp;V</I> and <I>Article&nbsp;VI</I>,
and without limiting Buyer&rsquo;s rights with respect to the R&amp;W Insurance Policy, attributable to or resulting from all Environmental
Defects and other environmental matters relating to the Assets (including the ownership or operation thereof); (h)&nbsp;related to the
conveyance of the Assets to Buyer at Closing (including arising from the conveyance thereof without Consent or in violation of a Preferential
Right or any maintenance of uniform interest provision); (i)&nbsp;attributable to or resulting from Asset Taxes; (j)&nbsp;attributable
to the Permits, Rights-of-Way, Leases and the Applicable Contracts; (k)&nbsp;to pay Working Interests, Royalties and other interests,
owners&rsquo; revenues or proceeds attributable to sales of Hydrocarbons, including those held in suspense (including the Suspense Funds),
to the extent attributable to the Assets, (l)&nbsp;properly plug and abandon any and all wells and pipelines, including future wells,
inactive wells or temporarily abandoned wells, drilled on the Assets, (m)&nbsp;to re-plug any well, wellbore or previously plugged Well
on the Assets to the extent required or necessary under applicable Laws or under Applicable Contracts, (n)&nbsp;dismantle or decommission
and remove any Personal Property and other property of whatever kind located on the Assets related to or associated with operations and
activities conducted by whomever on the Assets (o)&nbsp;perform all obligations applicable to or imposed on the lessee, owner, or operator
under the Leases and the Applicable Contracts, or as required by Laws; (p)&nbsp;related to the Transferred Employees to the extent first
arising after the Closing (excluding, for the avoidance of doubt, relating to any Benefit Plan); and (q)&nbsp;for any assessment, Remediation,
removal, transportation and disposal of Hazardous Substances, asbestos, NORM, Hydrocarbons, produced water, and other materials and substances
and associated activities; <I>provided</I> that the Assumed Obligations shall not include, and Buyer does not assume, any obligations
or Liabilities of Seller relating to any Benefits Plans or any other benefit or compensation plan, program, policy, agreement or arrangement
at any time sponsored, maintained, contributed to or required to be contributed to by Seller or any of its Affiliates or otherwise with
respect to which Seller or its Affiliates has any Liability or obligation. Buyer acknowledges that: (A)&nbsp;the Assets have been used
in connection with the exploration for, and the development and production of, Hydrocarbons; (B)&nbsp;spills of wastes, Hydrocarbons,
produced water, Hazardous Substances and other materials and substances may have occurred in the past or in connection with the Assets;
(C)&nbsp;there is a possibility that there are currently unknown, abandoned wells, plugged wells, pipelines and other equipment on or
underneath the property underlying the Assets; (D)&nbsp;it is the intent of the Parties that all liability associated with the above matters
as well as any responsibility and liability to decommission, plug or replug such wells (including the Wells) be passed to Buyer whether
arising prior to, at, or after the Effective Time, and that Buyer shall assume all responsibility and liability for such matters and all
claims and demands related thereto; (E)&nbsp;the Assets may contain asbestos, Hazardous Substances or NORM; (F)&nbsp;NORM may affix or
attach itself to the inside of wells, materials and equipment as scale or in other forms; (G)&nbsp;wells, materials and equipment located
on the Assets may contain NORM; and (H)&nbsp;special procedures may be required for Remediating, removing, transporting and disposing
of asbestos, NORM, Hazardous Substances and other materials from the Assets. From and after the Closing, but subject to Buyer&rsquo;s
rights and remedies set forth in <I>Article&nbsp;V</I> and <I>Article&nbsp;VI</I>, and without limiting Buyer&rsquo;s rights with respect
to the R&amp;W Insurance Policy effective as of the Effective Time, Buyer shall assume, with respect to the Assets, all responsibility
and liability for any assessment, Remediation, removal, transportation, and disposal of these materials and associated activities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>14.2</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Indemnities
of Buyer</I></B><I>.</I> Effective as of Closing, Buyer and its successors and assigns shall assume, be responsible for, shall pay on
a current basis and hereby defend, indemnify, hold harmless and forever release Seller and its Affiliates, and all of its and their respective
equity holders, partners, members, directors, officers, managers, employees, agents and representatives (collectively, &ldquo;<B><I>Seller
Indemnified Parties</I></B>&rdquo;) as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Infinity
shall indemnify, defend, and hold harmless the Seller Indemnified Parties from and against any and all Liabilities arising from, based
upon, related to or associated with any breach by Infinity of any of its representations or warranties contained in <I>Article&nbsp;IX</I>
or in the Buyer Closing Certificate;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>NOG
shall indemnify, defend, and hold harmless the Seller Indemnified Parties from and against any and all Liabilities arising from, based
upon, related to or associated with any breach by NOG of any of its representations or warranties contained in <I>Article&nbsp;IX</I>
or in the Buyer Closing Certificate;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Infinity
and NOG shall, severally and not jointly and severally, each defend, and hold harmless the Seller Indemnified Parties from and against
the applicable Buyer Pro Rata Share of any and all Liabilities arising from, based upon, related to or associated with:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.43in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
breach by such Buyer of any of its covenants or agreements under this Agreement or any Transaction Documents to be delivered by Buyer
at Closing;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.43in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
of the Assumed Obligations; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.43in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iii)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>any
of the Assumed Litigation</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>14.3</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Retained
Liabilities of Seller</I></B>. Effective as of Closing, Seller and its successors and assigns shall retain, assume, be responsible for,
shall pay on a current basis and hereby defend, indemnify, hold harmless and forever release the Buyer Indemnified Parties from and against
any and all Liabilities to the extent arising from, (a)&nbsp;the matters set forth on <U>Schedule 14.3</U> (and only to the extent set
forth in such <U>Schedule 14.3</U>) and (b)&nbsp;the Retained Consent Decree Obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>14.4</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Express
Negligence</I></B><I>.</I> THE DEFENSE,&nbsp;INDEMNIFICATION, HOLD HARMLESS AND RELEASE PROVISIONS AND THE ASSUMPTION OF THE ASSUMED OBLIGATIONS
PROVISIONS (IN EACH CASE) PROVIDED FOR IN THIS AGREEMENT SHALL BE APPLICABLE WHETHER OR NOT THE LIABILITIES, LOSSES, COSTS, EXPENSES AND
DAMAGES IN QUESTION AROSE OR RESULTED SOLELY OR IN PART&nbsp;FROM THE GROSS, SOLE, ACTIVE, PASSIVE, CONCURRENT OR COMPARATIVE NEGLIGENCE,
STRICT LIABILITY OR OTHER FAULT OR VIOLATION OF LAW OF OR BY ANY INDEMNIFIED PARTY. BUYER AND SELLER ACKNOWLEDGE THAT THIS STATEMENT COMPLIES
WITH THE EXPRESS NEGLIGENCE RULE AND IS CONSPICUOUS.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>14.5</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Exclusive
Remedy</I></B><I>.</I> Notwithstanding anything to the contrary contained in this Agreement, from and after Closing, except in the case
of Fraud, <I>Section&nbsp;4.1</I>, <I>Section&nbsp;14.2, </I>Buyer&rsquo;s remedies for Title Defects and Environmental Defects pursuant
to <I>Article&nbsp;V</I> and <I>Article&nbsp;VI</I>, and Seller&rsquo;s special warranty of Defensible Title in the Instruments of Conveyance,
the Buyer Indemnified Parties&rsquo; sole and exclusive remedy against any Seller Indemnified Parties with respect to the negotiation,
performance and consummation of the transactions contemplated hereunder and the sale of the Assets, any breach of the representations,
warranties, covenants and agreements of any Seller Indemnified Parties contained herein, the affirmations of such representations, warranties,
covenants and agreements contained in the Seller Closing Certificate or contained in any other Transaction Document delivered hereunder
by or on behalf of any Seller Indemnified Parties are the rights to indemnity from Seller set forth in <I>Section&nbsp;14.3</I> and the
right to proceeds of the R&amp;W Insurance Policy. Notwithstanding any other provision to the contrary, with respect to any liability
for Fraud that is covered and collectible (in whole or in part) under the R&amp;W Insurance Policy, Buyer shall, and shall instruct each
Buyer Indemnified Party to, submit such claim for coverage under the R&amp;W Insurance Policy and use good faith, reasonable efforts in
order to pursue such claim under the R&amp;W Insurance Policy. Upon Closing, subject to Buyer&rsquo;s rights to indemnity from Seller
set forth in <I>Section&nbsp;14.3</I> and Buyer&rsquo;s rights to proceeds of the R&amp;W Insurance Policy, Buyer irrevocably waives,
releases, remises and forever discharges, and shall cause each Buyer Indemnified Party to irrevocably waive, release, remise and forever
discharge, the Seller Indemnified Parties from any and all Liabilities, suits, legal or administrative proceedings, claims, demands, Liabilities,
costs, obligations, liabilities, interest, charges or causes of action whatsoever, in law or in equity, known or unknown, which any Buyer
Indemnified Party might now or subsequently may have, based on, relating to or arising out of the negotiation, performance and consummation
of this Agreement or the other Transaction Documents or the transactions contemplated hereunder or thereunder, or any Seller Indemnified
Parties&rsquo; ownership, use or operation of the Assets, or the condition, quality, status or nature of the Assets,&nbsp;<B>INCLUDING
ANY AND ALL CLAIMS RELATED TO TIMELY AND PROPER PAYMENT OF ROYALTIES, ENVIRONMENTAL MATTERS, ENVIRONMENTAL DEFECTS OR VIOLATIONS OF ENVIRONMENTAL
LAWS,&nbsp;INCLUDING RIGHTS TO CONTRIBUTION UNDER CERCLA OR ANY OTHER ENVIRONMENTAL LAW, BREACHES OF STATUTORY AND IMPLIED WARRANTIES,
NUISANCE OR OTHER TORT ACTIONS, RIGHTS TO PUNITIVE DAMAGES, COMMON LAW RIGHTS OF CONTRIBUTION, ANY RIGHTS UNDER INSURANCE POLICIES ISSUED
TO OR UNDERWRITTEN BY OR FOR ANY BUYER INDEMNIFIED PARTY, AND ANY RIGHTS UNDER AGREEMENTS AMONG ANY SELLER INDEMNIFIED PARTIES, EVEN IF
CAUSED IN WHOLE OR IN PART&nbsp;BY THE NEGLIGENCE (WHETHER GROSS, SOLE, JOINT, ACTIVE, PASSIVE, COMPARATIVE, OR CONCURRENT), STRICT LIABILITY
OR OTHER LEGAL FAULT OF ANY RELEASED PERSON,&nbsp;INVITEES OR THIRD PARTIES EXCLUDING, HOWEVER, ANY LIABILITIES TO THE EXTENT RESULTING
FROM FRAUD</B>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>14.6</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Indemnification
Procedures</I></B>. All claims for indemnification under this Agreement shall be asserted and resolved as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>For
purposes of this Agreement, the term &ldquo;<B><I>Indemnifying Party</I></B>&rdquo; when used in connection with particular Liabilities
shall mean the Party or Parties having an obligation to indemnify another Party or Parties with respect to such Liabilities pursuant to
such sections, and the term &ldquo;<B><I>Indemnified Party</I></B>&rdquo; when used in connection with particular Liabilities shall mean
the Party or Parties having the right to be indemnified with respect to such Liabilities by another Party or Parties pursuant to such
sections.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>To
make a claim for indemnification under this Agreement, an Indemnified Party shall notify the Indemnifying Party of its claim under this
<I>Section&nbsp;14.6</I>, including the specific details of and specific basis under this Agreement for its claim (the &ldquo;<B><I>Claim
Notice</I></B>&rdquo;). In the event that the claim for indemnification is based upon a claim by a Third Party against the Indemnified
Party (a &ldquo;<B><I>Claim</I></B>&rdquo;), the Indemnified Party shall provide its Claim Notice promptly after the Indemnified Party
has actual Knowledge of the Claim and shall enclose a copy of all papers (if any) served with respect to the Claim; <I>provided</I>, <I>however</I>,
the failure of any Indemnified Party to give notice of a Claim as provided in this <I>Section&nbsp;14.6</I> shall not relieve the Indemnifying
Party of its indemnification obligations under this Agreement, except to the extent (and then only to the extent) such failure materially
prejudices the Indemnifying Party&rsquo;s ability to defend against the claim. In the event that the claim for indemnification is based
upon an inaccuracy or breach of a representation, warranty, covenant or obligation under this Agreement, the Claim Notice shall specify
the representation, warranty, covenant or obligation under this Agreement that was inaccurate or breached.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>In
the case of a claim for indemnification based upon a Claim, the Indemnifying Party shall have thirty (30) days from its receipt of the
Claim Notice to notify the Indemnified Party whether it admits or denies its obligation to defend the Indemnified Party against such Claim
at the sole cost and expense of the Indemnifying Party. The Indemnified Party is authorized, prior to and during such thirty (30) day
period, to file any motion, answer or other pleading that it shall deem necessary or appropriate to protect its interests or those of
the Indemnifying Party and that is not prejudicial to the Indemnifying Party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>If
the Indemnifying Party admits its liability to defend the Indemnified Party, it shall have the right and obligation to diligently defend,
at its sole cost and expense, the Claim. Subject to the terms herein, the Indemnifying Party shall have full control of such defense and
proceedings, including any compromise or settlement thereof unless the compromise or settlement includes the payment of any amount by,
the performance of any obligation by or the limitation of any right or benefit of the Indemnified Party, in which event such settlement
or compromise shall not be effective without the written consent of the Indemnified Party, which shall not be unreasonably withheld or
delayed. If requested by the Indemnifying Party, the Indemnified Party agrees to reasonably cooperate in contesting any Claim that the
Indemnifying Party elects to contest. The Indemnified Party may participate in, but not control, at its own expense, any defense or settlement
of any Claim controlled by the Indemnifying Party pursuant to this <I>Section&nbsp;14.6</I>. An Indemnifying Party shall not, without
the written consent of the Indemnified Party, (i)&nbsp;settle any Claim or consent to the entry of any judgment with respect thereto that
does not include an unconditional written release of the Indemnified Party from all liability in respect of such Claim or (ii)&nbsp;settle
any Claim or consent to the entry of any judgment with respect thereto in any manner that may materially and adversely affect the Indemnified
Party (other than as a result of monetary Liabilities covered by the indemnity and solely the responsibility of the Indemnifying Party).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(e)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>If
the Indemnifying Party does not admit its liability to defend the Indemnified Party (which it will be deemed to have so done if it fails
to timely respond) or admits such liability but fails to diligently defend or settle the Claim, then the Indemnified Party shall have
the right to defend against the Claim at the sole cost and expense of the Indemnifying Party, with counsel of the Indemnified Party&rsquo;s
choosing, subject to the right of the Indemnifying Party to admit such liability and assume the defense of the claim at any time prior
to settlement or final determination thereof. If the Indemnifying Party has not yet admitted such liability for a Claim, the Indemnified
Party shall send written notice to the Indemnifying Party of any proposed settlement, and the Indemnifying Party shall have ten (10)&nbsp;days
following receipt of such notice to (i)&nbsp;admit in writing such liability for the Claim and (ii)&nbsp;if liability is so admitted,
reject, in its reasonable judgment, the proposed settlement. In the event such liability is not so admitted, the Indemnified Party shall
proceed with the proposed settlement and pursue such Claim for indemnity through the Indemnifying Party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(f)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>In
the case of a claim for indemnification not based upon a Claim, the Indemnifying Party shall have thirty (30) days from its receipt of
the Claim Notice to (i)&nbsp;cure the Liabilities complained of, (ii)&nbsp;admit its liability for such Liabilities or (iii)&nbsp;dispute
the claim for such Liabilities. If the Indemnifying Party does not notify the Indemnified Party within such thirty (30) day period that
it has cured the Liabilities or that it admits the claim for such Liabilities, then the Indemnifying Party shall be deemed to be disputing
the claim for such Liabilities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>14.7</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Survival</I></B>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Subject
to and without limiting any of Buyer&rsquo;s rights under the R&amp;W Insurance Policy, the survival periods for the various representations,
warranties, covenants and agreements contained in this Agreement shall be as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.43in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
covenants and other agreements of Seller set forth in this Agreement to be performed on or before Closing shall expire at Closing;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.43in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
covenants and other agreements of Seller set forth in this Agreement to be performed after Closing shall survive until fully performed;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.43in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iii)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>all
representations and warranties of Seller (including the corresponding representations and warranties given in a certificate delivered
by an officer of Seller pursuant to <I>Section&nbsp;10.5</I>) shall terminate and expire at Closing;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.43in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iv)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;all
representations, warranties, covenants and agreements of Buyer shall survive Closing indefinitely; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.43in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(v)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>&#8239;all
other indemnities and all other provisions of this Agreement shall survive the Closing without time limit except as may otherwise be expressly
provided in this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>14.8</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Waiver
of Right to Rescission</I></B>. Seller and Buyer acknowledge that following the Closing, the payment of money as limited by the terms
of this Agreement and the rights to the proceeds of the R&amp;W Insurance Policy, shall be adequate compensation for breach of any representation,
warranty, covenant or agreement contained in this Agreement or for any other claim arising in connection with or with respect to the transactions
contemplated hereunder. As the payment of money shall be adequate compensation, following Closing, Seller and Buyer waive any right to
rescind this Agreement or any of the transactions contemplated hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>14.9</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Insurance</I></B><I>.</I>
The amount of any Liabilities for which an Indemnified Party is entitled to indemnity under this <I>Article&nbsp;XIV</I> shall be reduced
by the amount of insurance or indemnification proceeds realized by the Indemnified Party or its Affiliates with respect to such Liabilities
(net of any collection costs and applicable deductibles, and excluding the proceeds of any insurance policy issued or underwritten, or
indemnity granted, by or for the Indemnified Party or its Affiliates).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>14.10</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Non-Compensatory
Damages</I></B><I>.</I> NONE OF THE BUYER INDEMNIFIED PARTIES NOR SELLER INDEMNIFIED PARTIES SHALL BE ENTITLED TO RECOVER FROM SELLER
OR BUYER, OR THEIR RESPECTIVE AFFILIATES, ANY PUNITIVE OR EXEMPLARY DAMAGES ARISING UNDER OR IN CONNECTION WITH THIS AGREEMENT OR THE
TRANSACTIONS CONTEMPLATED HEREBY, EXCEPT TO THE EXTENT ANY SUCH PARTY SUFFERS SUCH DAMAGES (INCLUDING COSTS OF DEFENSE AND REASONABLE
ATTORNEY&rsquo;S FEES INCURRED IN CONNECTION WITH DEFENDING OF SUCH DAMAGES) TO A THIRD PARTY, WHICH DAMAGES (INCLUDING COSTS OF DEFENSE
AND REASONABLE ATTORNEY&rsquo;S FEES INCURRED IN CONNECTION WITH DEFENDING AGAINST SUCH DAMAGES) SHALL NOT BE EXCLUDED BY THIS PROVISION
AS TO RECOVERY HEREUNDER. SUBJECT TO THE PRECEDING SENTENCE, BUYER, ON BEHALF OF EACH OF THE BUYER INDEMNIFIED PARTIES, AND SELLER, ON
BEHALF OF EACH OF THE SELLER INDEMNIFIED PARTIES, WAIVE ANY RIGHT TO RECOVER ANY PUNITIVE OR EXEMPLARY DAMAGES ARISING IN CONNECTION WITH
OR WITH RESPECT TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>14.11</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Disclaimer
of Application of Anti-Indemnity Statutes</I></B><I>.</I> Seller and Buyer acknowledge and agree that the provisions of any anti-indemnity
statute relating to oilfield services and associated activities shall not be applicable to this Agreement or the transactions contemplated
herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000"><B>Article&nbsp;XV
</B></FONT><B><BR>
EMPLOYEES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>15.1</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Employee
Matters.</I></B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Beginning
on the date of the execution of this Agreement, Seller shall make available to Buyer each of the Business Employees who are field-level
employees who exclusively provide services to the Assets in Ohio to discuss potential employment with Buyer or an Affiliate of Buyer.
Buyer or its Affiliate may, in Buyer&rsquo;s sole discretion, extend offers of employment to any such Business Employees no less than
twelve (12) days prior to the Closing. Such Business Employees shall have ten (10)&nbsp;days to accept or reject such offers of employment.
Offers of employment extended by Buyer or its Affiliate to the Business Employees shall include terms and conditions that contain: (A)&nbsp;annual
base salaries or hourly wage rates (as applicable) that are substantially comparable to the annual base salaries or hourly wage rates,
as applicable, provided to Buyer&rsquo;s or its Affiliate&rsquo;s similarly situated employees; (B)&nbsp;target annual cash incentive
compensation opportunities (excluding any long-term incentive or equity or equity-based opportunities) that are substantially comparable
to those provided to Buyer&rsquo;s or its Affiliate&rsquo;s similarly situated employees (subject to the same exclusions); (C)&nbsp;severance
benefits that are substantially comparable to those severance benefits provided to Buyer&rsquo;s or its Affiliate&rsquo;s similarly situated
employees and (D)&nbsp;all other employee benefits (excluding any equity or equity-based, long-term incentive compensation, defined benefit
pension, nonqualified deferred compensation, severance, retention, incentive, change in control, transaction or post-employment or retiree
welfare benefits (such benefits, the &ldquo;<B><I>Excluded Benefits</I></B>&rdquo;)) that are substantially comparable in the aggregate
to the employee benefits (other than Excluded Benefits) provided to Buyer&rsquo;s or its Affiliate&rsquo;s similarly situated employees.
Each such offer of employment shall be subject to and contingent upon the Closing and the satisfaction of Buyer&rsquo;s or its applicable
Affiliate&rsquo;s applicable lawful pre-employment screening process, and shall be for employment beginning on the Closing Date. The Business
Employees who accept such employment offers and commence employment with Buyer or its applicable Affiliate on or after the Closing Date
pursuant to such offers&lrm; shall be referred to herein as the &ldquo;<B><I>Transferred Employees</I></B>&rdquo;. Seller shall, or shall
cause its Affiliate to, accept the resignation of and separate from employment each Transferred Employee effective as of immediately prior
to the Closing Date. Seller and its Affiliates shall be solely responsible for the provision of compensation and benefits to, and all
other Liabilities and obligation with respect to, any Business Employee who does not receive or accept offer of employment from Buyer
or its Affiliate (or otherwise does not become a Transferred Employee). For a period of twelve (12) months following the Closing Date
(or, if earlier, the termination date of an applicable Transferred Employee&rsquo;s employment), Buyer shall, or shall cause an Affiliate
of Buyer to, provide the Transferred Employees with the compensation and benefits described in this <I>Section&nbsp;15.1&lrm;(a)</I>.
Notwithstanding the preceding provisions, with respect to any Business Employee who, as of the Closing, is on short-term disability, long-term
disability or workers&rsquo; compensation leave (or is otherwise receiving, eligible to receive or in an exclusion or elimination period
to become eligible to receive such benefits) (any such Business Employee, an &ldquo;<B><I>Inactive Business Employee</I></B>&rdquo;),
Seller and its Affiliates shall retain the employment of any such Inactive Business Employee, and be solely responsible for the provision
of compensation and benefits to and all other Liabilities with respect to any such Inactive Business Employee, unless and until such Inactive
Business Employee is able to return to active employment within 90 days of the Closing Date, at which time Buyer or its Affiliates may,
but shall not be obligated, to make offers of employment to such Inactive Business Employees. For the avoidance of doubt, no Inactive
Business Employee shall constitute a Transferred Employee unless and until they commence active employment with Buyer or its Affiliates.
Seller agrees that, notwithstanding the terms of any noncompetition, nonsolicitation, noninterference, nondisclosure, nondisparagement,
or similar restrictive covenant obligation owed by any Transferred Employee to Seller or any of its Affiliates, such Transferred Employee
shall be permitted to provide services to Buyer and its Affiliates following the Closing Date, and Seller and any of its Affiliates will
not seek to enforce the terms of any such restrictive covenant following the Closing Date with respect to Buyer or its Affiliates.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>The
Benefit Plans providing group health and welfare benefits to the Transferred Employees shall continue providing such benefits to the Transferred
Employees through the end of the month in which the Closing Date Occurs. Buyer shall, or shall cause its Affiliates to, maintain group
health and welfare benefit plans, programs and policies, including a group health plan, in which Transferred Employees and their respective
spouses, dependents or other beneficiaries will be eligible to participate effective as of the first of the month following the month
in which the Closing Date occurs (collectively, the &ldquo;<B><I>Buyer Welfare Benefit Plans</I></B>&rdquo;). Buyer shall use commercially
reasonable efforts to cause each Transferred Employee (and eligible dependents thereof) to be immediately eligible to participate, without
any waiting period, in any all such Buyer Welfare Benefit Plans on the Closing Date such that there is no gap in coverage. For the plan
year in which the Closing Date occurs, and with respect to each Transferred Employee (and eligible dependents thereof), Buyer shall, and
shall cause its Affiliates to, use commercially reasonable efforts to: (i)&nbsp;waive any pre-existing condition exclusion, actively-at-work
requirement, evidence of insurability, waiting period, pre-certification, ongoing treatment, or similar condition, limitation or requirement
under all Buyer Welfare Benefit Plans that are group health plans, to the extent such limitations or requirements were satisfied or waived
with respect to such Transferred Employee under the analogous Benefit Plan immediately prior to the Closing Date, and (ii)&nbsp;provide
full credit under all Buyer Welfare Plans that provide health benefits for any co-payments, deductibles, out-of-pocket maximums, and similar
payments made or incurred under a Benefit Plan by such Transferred Employee (or covered dependent thereof) prior to the Closing Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Buyer
shall, and &lrm;shall cause its Affiliates to recognize and credit all service of the Transferred Employees with Seller or its Affiliates,
and any predecessor employer to the extent the applicable Transferred Employee was performing a substantially similar job function with
such predecessor employee, as applicable, as if such service were with &lrm;Buyer or its Affiliate, in addition to service earned with
the Buyer and its Affiliates on or after the Closing Date, for purposes of eligibility to participate, vesting and calculation of vacation,
paid time off and severance benefits (provided that service crediting with respect to vacation and paid time off shall be capped at 9
years of service) under any employee benefit plan, program or arrangement of the Buyer or any of its Affiliates (excluding, except with
respect to severance benefits, any such plan, program or arrangement providing Excluded Benefits) for the benefit of the Transferred Employees
on or after the Closing Date (collectively, the &ldquo;<B><I>Buyer Benefit Plans</I></B>&rdquo;); <I>provided</I>, &lrm;<I>however</I>,
that (i)&nbsp;such service shall not be recognized to the extent that (A)&nbsp;such recognition &lrm;would result in a duplication of
benefits or compensation for the same period of service, or (B)&nbsp;such service was &lrm;not recognized under the corresponding Benefit
Plan, and (ii)&nbsp;Buyer and its &lrm;Affiliates shall not be required to recognize such service for benefit accrual purposes under any
 &lrm;Buyer Benefit Plan that is a defined benefit pension plan or for any purpose for any Excluded Benefits other than severance benefits.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Seller
shall, with such Transferred Employee&rsquo;s final paycheck, pay, or cause to be paid, to each Transferred Employee an amount equal to
the value of such Transferred Employee&rsquo;s accrued but unused vacation, paid time off, or similar entitlement under Seller&rsquo;s
or its Affiliates&rsquo; applicable policies as of the Closing Date (the &ldquo;<B><I>Vacation Payout</I></B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>The
Buyer shall, and shall cause one or more of its Affiliates to, assume, and be responsible for, all Liabilities with respect to employment
and related matters with respect to all Transferred Employees that are payable from and after the Closing, with respect to such Liabilities
first arising after the Closing, excluding Liabilities in respect of Benefit Plans, except as specifically provided in this <I>&lrm;Article&nbsp;XV</I>.
Except as otherwise expressly provided in this <I>&lrm;Article&nbsp;XV</I>, the Seller and its Affiliates shall retain (i)&nbsp;all Liabilities
and other obligations with respect to, the Benefit Plans and any other benefit or compensation plan, program, policy, agreement or arrangement
at any time sponsored, maintained, contributed to or required to be contributed to by Sellers or any of their Affiliates, including for
complying with the requirements of Section&nbsp;4980B of the Code with respect to any &ldquo;M&amp;A qualified beneficiary&rdquo; as that
term is defined in Treasury Regulation Section&nbsp;54.4980B-9, and (ii)&nbsp;all Liabilities with respect to all current and former employees,
candidates for employment, directors, managers, officers, independent contractors or other individual service providers of the Seller
or its Affiliates (including any Business Employees) other than Liabilities with respect to the Transferred Employees first arising after
the Closing.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Effective
no later than the Closing Date, the Sellers and their Affiliates shall have taken all actions necessary to cause all Transferred Employees
to be one hundred percent vested in their account balances under any Benefit Plan intended to be qualified under Section&nbsp;401(a)&nbsp;of
the Code, and to have made to any such Benefit Plan all employer contributions that would have been made with respect to the Transferred
Employees had the transactions contemplated by this Agreement not occurred, regardless of any service or end of year employment requirements,
but prorated for the portion of the plan year that ends on the Closing Date.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(g)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>To
the extent permitted by applicable Law, Seller shall provide such information and records (or copies of such records) that Buyer or its
Affiliate may (i)&nbsp;reasonably require to perform its covenants under this <I>Section&nbsp;15.1</I> or (ii)&nbsp;be required to obtain
under applicable Law as a successor employer of Transferred Employees. This <I>Section&nbsp;15.1</I> shall be binding upon and inure solely
to the benefit of each of the Parties to &lrm;this Agreement, and nothing in this <I>Section&nbsp;15.1</I>, express or implied, shall
confer upon any other &lrm;Person any rights or remedies of any nature whatsoever under or by reason of this <I>Section&nbsp;15.1</I>.
 &lrm;Nothing contained herein, express or implied, shall be construed to establish, amend, or modify &lrm;any benefit plan, program, agreement,
or arrangement. The Parties acknowledge and agree that &lrm;the terms set forth in this <I>Section&nbsp;15.1 </I>shall not create any
right of any employee or any other &lrm;Person to any continued employment with Seller, Buyer or any of their respective &lrm;Affiliates
or compensation or benefits of any nature or kind whatsoever.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(h)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>With
respect to Transferred Vehicles listed on <U>Exhibit&nbsp;E</U> that have been assigned as of the Execution Date to a Business Employee
(as described on <U>Exhibit&nbsp;E</U>) that is a Transferred Employee, the Parties shall use their respective commercially reasonable
efforts (prior to and, if requested by Buyer, for a reasonable period of time after the Closing) to cause such Transferred Vehicles to
be transferred to Buyer or its Affiliate, effective as of the Closing; <I>provided</I>, <I>however</I>, that neither Party shall be obligated
to incur any material liability or obligation (other than any Transfer Taxes) in connection therewith.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>The
Parties agree that, with respect to the annual cash incentive plans set forth on <U>Schedule 8.38(a)</U>&nbsp;(the &ldquo;<B><I>Annual
Bonus Plans</I></B>&rdquo;), each Transferred Employee who participates in an Annual Bonus Plan (each, a &ldquo;<B><I>Bonus Plan Participant</I></B>&rdquo;)
and who remains employed with the Seller or its applicable Affiliate through the Closing Date shall be provided an annual cash incentive
award for calendar year 2025 (collectively, the &ldquo;<B><I>2025 Bonuses</I></B>&rdquo;), with a schedule of such 2025 Bonuses to be
provided to Buyer by Seller at Closing. In all cases, (i)&nbsp;Seller or its Affiliates shall bear the Liability for the portion of the
2025 Bonuses tied to actual corporate performance from January&nbsp;1, 2025 through June&nbsp;30, 2025 (&ldquo;<B><I>Tranche 1</I></B>&rdquo;),
and (ii)&nbsp;Buyer or its Affiliates shall bear the Liability for the portion of the 2025 Bonuses tied to actual corporate performance
from July&nbsp;1, 2025 through December&nbsp;31, 2025 (&ldquo;<B><I>Tranche 2</I></B>&rdquo;). If Seller or its Affiliates have provided
the 2025 Bonuses to the Bonus Plan Participants prior to the Closing Date, then the amounts due under Tranche 2 of the 2025 Bonuses shall
increase the Purchase Price on a dollar-for-dollar basis (including the cost of any payroll taxes paid by Seller or its Affiliates with
respect to Tranche 2). In contrast, if Seller or its Affiliates have not provided the 2025 Bonuses to the Bonus Plan Participants prior
to the Closing Date, then Buyer or its applicable Affiliate shall provide the 2025 Bonuses to the Bonus Plan Participants no later than
60 days following Closing, with the amounts due under Tranche 1 of the 2025 Bonuses reducing the Purchase Price on a dollar-for-dollar
basis (including the cost of any payroll taxes paid by Buyer or its Affiliates with respect to Tranche 1). For the avoidance of doubt,
in no event shall payment of any amounts under the Annual Bonus Plans pursuant to this <I>Section&nbsp;15.1(i)</I>&nbsp;result in the
duplication of payments to any Bonus Plan Participant under any other incentive, severance or other similar arrangement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000"><B>Article&nbsp;XVI
</B></FONT><B><BR>
MISCELLANEOUS</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>16.1</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Exhibits
and Schedules</I></B><I>.</I> All of the Exhibits and Schedules referred to in this Agreement are incorporated into this Agreement by
reference and constitute a part of this Agreement for all purposes. Seller or Buyer and their respective counsel have received a complete
set of Exhibits and Schedules prior to and as of the execution of this Agreement.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>16.2</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Expenses</I></B>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Except
as otherwise specifically provided in this Agreement, all fees, costs and expenses incurred by Seller or Buyer or their respective Affiliates
in connection with the preparation, negotiation, execution and performance of this Agreement or in consummating the transactions contemplated
by this Agreement shall be paid by the Person incurring the same, including, legal and accounting fees, costs and expenses.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>All
required documentary, filing and recording fees and expenses in connection with the filing and recording of the assignments (including
the Assignment and Deed), conveyances or other instruments required to convey title to the Assets to Buyer shall be borne by Buyer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>16.3</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Taxes</I></B><I>.</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Transfer
Taxes</U>. Notwithstanding anything to the contrary in this Agreement, any sales, use, transfer, registration, documentary, stamp, or
similar Taxes imposed on or payable in connection with the transactions contemplated by this Agreement (&ldquo;<B><I>Transfer Taxes</I></B>&rdquo;)
shall be borne by Buyer. The Party primarily responsible under applicable Law for the filing of any Tax Return in respect of Transfer
Taxes shall prepare and timely file any such Tax Returns and promptly provide a copy of such Tax Returns to the non-preparing Party and
pay such Transfer Taxes; <I>provided</I> that, if Seller is primarily responsible under applicable Law for the payment of such Transfer
Taxes, Buyer shall promptly reimburse Seller for such Transfer Taxes within five (5)&nbsp;days of request from Seller. Seller and Buyer
shall, and shall cause their respective Affiliates to, cooperate in good faith to minimize, to the extent permissible under applicable
Law, the amount of any such Transfer Taxes (including with respect to any claim for exemption or exclusion from the application or imposition
of any Transfer Taxes, to the extent applicable).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Asset
Tax Allocation</U>.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.43in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Solely
for purposes of (x)&nbsp;determining the adjustments to Purchase Price pursuant to <I>Section&nbsp;3.3</I>, <I>Section&nbsp;3.4 </I>and
<I>Section&nbsp;3.5 </I>and (y)&nbsp;the application of the last sentence of <I>Section&nbsp;16.3(b)(iii)</I>, (A)&nbsp;Seller shall be
allocated all Asset Taxes attributable to (1)&nbsp;any Tax period ending prior to the Effective Time and (2)&nbsp;the portion of any Straddle
Period ending immediately prior to the Effective Time and (B)&nbsp;Buyer shall be allocated all Asset Taxes attributable to (1)&nbsp;any
Tax period beginning on or after the Effective Time and (2)&nbsp;the portion of any Straddle Period beginning at the Effective Time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.43in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Solely
for purposes of determining the allocations described in <I>Section&nbsp;16.3(b)(i)</I>, (A)&nbsp;Asset Taxes that are attributable to
the severance or production of Hydrocarbons (other than, for the avoidance of doubt, Asset Taxes that are ad valorem, property, and similar
Asset Taxes imposed on a periodic basis) shall be allocated to the period in which the severance or production giving rise to such Asset
Taxes occurred, (B)&nbsp;Asset Taxes that are based upon or related to sales or receipts or imposed on a transactional basis (other than
such Asset Taxes described in <I>clause (A)&nbsp;</I>above or that are ad valorem, property and similar Asset Taxes imposed on a periodic
basis) shall be allocated to the period in which the transaction giving rise to such Asset Taxes occurred, and (C)&nbsp;Asset Taxes that
are ad valorem, property or similar Asset Taxes imposed on a periodic basis pertaining to a Straddle Period shall be allocated between
the portion of such Straddle Period ending immediately prior to the Effective Time and the portion of such Straddle Period beginning
at the Effective Time by prorating each such Asset Tax based on the number of days in the applicable Straddle Period that occur before
the date on which the Effective Time occurs, on the one hand, and the number of days in such Straddle Period that occur on or after the
date on which the Effective Time occurs, on the other hand.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.43in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iii)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>To
the extent the actual amount of an Asset Tax is not known at the time an adjustment is to be made with respect to such Asset Tax pursuant
to <I>Section&nbsp;3.3, Section&nbsp;3.5 </I>or <I>Section&nbsp;3.6</I>, as applicable, the Parties shall utilize the most recent information
available in estimating the amount of such Asset Tax for purposes of such adjustment. Until the Cut-Off Date, to the extent the actual
amount of an Asset Tax (or the amount thereof paid or economically borne by a Party) is ultimately determined to be different than the
amount (if any) that was taken into account in the Final Settlement Statement as finally determined pursuant to <I>Section&nbsp;3.5</I>
or <I>Section&nbsp;3.6</I>, as applicable, timely payments will be made from one Party to the other to the extent necessary to cause each
Party to bear the amount of such Asset Tax that is allocable to such Party under this <I>Section&nbsp;16.3(b)</I>; <I>provided</I>, that,
notwithstanding anything to the contrary in this Agreement, no Party shall be required to make any payment to any other Party or any of
its Affiliates under this sentence after the Cut-Off Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Tax
Returns</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.43in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Excluding
any Tax Returns and Asset Taxes required to be filed and/or paid by a Third Party operator, Seller shall prepare and timely file any Tax
Return with respect to Asset Taxes required to be filed on or before the Closing Date (a &ldquo;<B><I>Pre-Closing Tax Return</I></B>&rdquo;)
and shall pay any Asset Taxes shown due and owing on such Pre-Closing Tax Return. Seller shall prepare all such Pre-Closing Tax Returns
in a manner consistent with past practice except as otherwise required by applicable Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.43in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;After
the Closing Date, subject to the provisions of the Transition Services Agreement and excluding any Tax Returns and Asset Taxes required
to be filed and/or paid by a Third Party operator, Buyer shall be responsible for paying any Asset Taxes for any (A)&nbsp;Tax period
that ends before the Effective Time or (B)&nbsp;Straddle Period, in each case, that become due and payable after the Closing Date and
shall file with the appropriate Governmental Authority any and all Tax Returns required to be filed after the Closing Date with respect
to such Asset Taxes. With respect to each such Tax Return that is required to be filed on or prior to the Cut-Off Date, Buyer shall submit
each such Tax Return to Seller for its review and comment reasonably in advance of the due date therefor and timely file any such Tax
Return, incorporating any comments received from Seller prior to the due date therefor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.43in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iii)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>The
Parties acknowledge and agree that this <I>Section&nbsp;16.3(c)&nbsp;</I>is intended to solely address the timing and manner in which
certain Tax Returns and Asset Taxes shown thereon are paid to the applicable Governmental Authority, and nothing in this <I>Section&nbsp;16.3(c)&nbsp;</I>shall
be interpreted as altering the manner in which Asset Taxes are allocated pursuant to <I>Section&nbsp;16.3(c)&nbsp;</I>in applying <I>Section&nbsp;3.3</I>,
<I>Section&nbsp;3.4, Section&nbsp;3.5</I> and the last sentence of <I>Section&nbsp;</I><B>&lrm;</B><I>16.3(b)(iii)&nbsp;</I>(except for
any penalties, interest or additions to Tax imposed as a result of a failure by a Party to timely file Tax Returns pursuant to this <I>Section&nbsp;16.3(c)&nbsp;</I>and
timely pay or cause to be paid all Asset Taxes shown thereon, which such penalties, interest, or additions to Tax, if any, shall be allocated
to such Party in applying <I>Section&nbsp;3.3</I>, <I>Section&nbsp;3.4, Section&nbsp;3.5</I> and the last sentence of <I>Section&nbsp;</I><B>&lrm;</B><I>16.3(b)(iii)</I>).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.43in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iv)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Notwithstanding
anything in this Agreement to the contrary, in the event the Parties determine that Seller is treated as conveying to Buyer an interest
in the Antero-QL Tax Partnership for U.S. federal Income Tax purposes pursuant to this Agreement, with respect to any Tax Return for
Flow-Through Income Taxes of the Antero-QL Tax Partnership, to the extent permissible pursuant to the Antero-QL Tax Partnership Agreement,
the Parties shall (and shall cause their respective Affiliates to) use commercially reasonable efforts to cause: (i)&nbsp;such Tax Return
to include a valid election under Section&nbsp;754 of the Code (and, to the extent applicable, any comparable provisions of state, local
or non-U.S. Tax Law), and (ii)&nbsp;all items of income, gain, loss, deduction and credit allocable on any such Tax Return with respect
to the partnership interests acquired by Buyer from Seller for U.S. federal (and applicable state and local) Income Tax purposes to be
allocated between Seller and Buyer (or, to the extent applicable, Seller&rsquo;s or Buyer&rsquo;s regarded owner for U.S. federal Income
Tax purposes) based on the interim closing of the books method as of the end of the day on the Closing Date in accordance with Section&nbsp;706
of the Code and the Treasury Regulations thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Treatment
of Certain Payments</U>. Any payments made to any Party pursuant to <I>Article&nbsp;XIV </I>or this <I>Article&nbsp;XVI </I>shall constitute
an adjustment of the Purchase Price for Tax purposes and shall be treated as such by Buyer and Seller on their Tax Returns to the extent
permitted by applicable Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(e)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Cooperation</U>.
The Parties shall cooperate fully, as and to the extent reasonably requested by the other Party, in connection with the filing of any
Tax Returns, the making of any election relating to the Assets or the Antero-QL Tax Partnership (to the extent applicable) and any audit,
litigation or other proceeding, in each case, relating to any Tax with respect to the Assets or the Antero-QL Tax Partnership (to the
extent applicable). Seller and Buyer agree to retain all books and Records with respect to Tax matters pertinent to the Assets or the
Antero-QL Tax Partnership (to the extent applicable) for any taxable period beginning before the Closing Date until the expiration of
the statute of limitations of the respective taxable periods and to abide by all record retention agreements entered into with any Governmental
Authority. Such cooperation shall include the retention and (upon request) provision of records and information which are relevant to
any such Tax Return or audit, litigation or other proceeding and making employees and representatives available on a mutually convenient
basis to provide additional information and explanation of any material provided hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(f)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Tax
Refunds</U>. Seller shall be entitled to, without duplication, any and all refunds of Asset Taxes economically borne by Seller that are
received on or prior to the Cut-Off Date. If Buyer or its Affiliate receives a refund of Asset Taxes to which Seller is entitled pursuant
to this <I>Section&nbsp;16.3(f)</I>, Buyer shall promptly pay over to Seller the amount of such refund, net of any reasonable costs or
expenses incurred by Buyer in procuring such refund.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(g)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><U>Tax
Contests</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.43in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>If,
after the Closing Date and prior to the Cut-Off Date, any Party receives notice of an audit or administrative or judicial proceeding with
respect to any Asset Tax or Tax Return with respect to Asset Taxes related to (a)&nbsp;any taxable period ending prior to the Effective
Time or (b)&nbsp;a Straddle Period (a &ldquo;<B><I>Tax Contest</I></B>&rdquo;), such Party shall notify the other Party within ten (10)&nbsp;days
of receipt of such notice. Buyer shall control any such Tax Contest; <I>provided</I> that, until the Cut-Off Date, Buyer shall (I)&nbsp;keep
Seller reasonably informed of the progress of such Tax Contest, (II)&nbsp;allow Seller (or Seller&rsquo;s counsel) to participate (at
its own expense) in such Tax Contest, including in meetings with the applicable Governmental Authority, and (III)&nbsp;not settle, compromise
and/or concede any portion of any such Tax Contest without Seller&rsquo;s prior written consent, which consent shall not be unreasonably
withheld, conditioned, or delayed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.43in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Notwithstanding
anything in this Agreement to the contrary, if the Parties determine that Seller is treated as conveying to Buyer an interest in the
Antero-QL Tax Partnership for U.S. federal Income Tax purposes pursuant to this Agreement, and, after the Closing Date, any Party receives
notice of an audit or administrative or judicial proceeding that relates to Flow-Through Income Taxes attributable to the Antero-QL Tax
Partnership with respect to any Tax period (or portion thereof) ending on or prior to the Closing Date (a &ldquo;<B><I>Tax Partnership
Contest</I></B>&rdquo;), such Party shall notify the other Party within 10 days of receipt of such notice. Seller may control, at its
sole expense, any audit or administrative or judicial proceeding that relates to a Tax Partnership Contest for any Tax period ending
on or prior to the Closing Date; provided, however, that Seller shall (x)&nbsp;keep Buyer reasonably informed of the progress of such
Tax Partnership Contest, (y)&nbsp;allow Buyer (or Buyer&rsquo;s counsel) to participate (at its own expense) in such Tax Partnership
Contest and (z)&nbsp;not settle, compromise or concede such Tax Partnership Contest without the prior written consent of Buyer, which
consent shall not be unreasonably withheld, conditioned or delayed. Buyer shall control any Tax Partnership Contest for any Tax period
that includes the Closing Date; provided, however, that Buyer shall (x)&nbsp;keep Seller reasonably informed of the progress of such
Tax Partnership Contest, (y)&nbsp;allow Seller (or Seller&rsquo;s counsel) to participate (at its own expense) in such Tax Partnership
Contest and (z)&nbsp;not settle, compromise or concede such audit or administrative or judicial proceeding without the prior written
consent of Seller, which consent shall not be unreasonably withheld, conditioned or delayed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.43in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iii)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;If
the Parties determine that Seller is treated as conveying to Buyer an interest in the Antero-QL Tax Partnership for U.S. federal Income
Tax purposes pursuant to this Agreement, and after the Closing Date, the Antero-QL Tax Partnership is subject to a Tax Partnership Contest
resulting in an &ldquo;imputed underpayment&rdquo; described in Section&nbsp;6225 of the Code, then, the Parties shall use reasonable
best efforts to timely make (or cause to be timely made) a &ldquo;push-out&rdquo; election pursuant to Section&nbsp;6226 of the Code
for the Antero-QL Tax Partnership to the extent such election is available, with respect to such Tax period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(h)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Seller
and Buyer shall reasonably cooperate during the period prior to the Closing Date to (i)&nbsp;cause the termination of the Antero-QL Tax
Partnership for U.S. federal Income Tax purposes, (ii)&nbsp;cause the distribution (for U.S. federal Income Tax purposes) out of the Antero-QL
Tax Partnership of any Assets that are subject to the provisions of the Antero-QL Tax Partnership or (iii)&nbsp;otherwise cause Buyer&rsquo;s
acquisition of the Assets that are treated as held by the Antero-QL Tax Partnership immediately prior to Closing to be treated as an acquisition
of assets and not an acquisition of an interest in the Antero-QL Tax Partnership for U.S. federal (and applicable state and local) Income
Tax purposes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Infinity,
NOG and their Affiliates shall use commercially reasonable efforts to make an election for their co-ownership of any Assets that were
treated as held by the Antero-QL Tax Partnership for U.S. federal Income Tax purposes immediately prior to the Closing to be excluded
from Subchapter K of the Code pursuant to Section&nbsp;761 of the Code; <I>provided</I>, <I>however</I>, that in no event shall Infinity
or NOG be required to make any payment to any other Person or convey any interest in any Asset to any other Person in order to effect
such election.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(j)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Intended
Tax Treatment. For U.S. federal (and applicable state and local) Income Tax purposes, the Parties intend that (i)&nbsp;in the event the
Parties are able to successfully implement clauses <I>(i)</I>, <I>(ii)</I>&nbsp;or <I>(iii)</I>&nbsp;of <I>Section&nbsp;16.3(h)</I>&nbsp;above,
the transactions contemplated by this Agreement (including the sale of Assets that are treated as held by the Antero-QL Tax Partnership
prior to Closing) shall be treated as a sale of the Assets and (ii)&nbsp;in the event the Parties are not able to successfully implement
clauses <I>(i)</I>, <I>(ii)</I>&nbsp;or <I>(iii)</I>&nbsp;of <I>Section&nbsp;16.3(h)</I>&nbsp;above, the transactions contemplated by
this Agreement shall be treated as (1)&nbsp;a sale of the Assets (other than with respect to the portion of the Assets subject to the
Antero-QL Tax Partnership) and (2)&nbsp;a partnership division of the Antero-QL Tax Partnership, pursuant to which all the assets subject
to the Antero-QL Tax Partnership that Buyer will acquire an interest in pursuant to the provisions of this Agreement (but not any of the
other assets subject to the Antero-QL Tax Partnership) are deemed contributed to a &ldquo;recipient partnership&rdquo; in accordance with
Treasury Regulations Section&nbsp;1.708-1(d), followed by a distribution of the interests in such recipient partnership to each of Seller
and the Quantum Partner and a sale of Seller&rsquo;s interests in such recipient partnership to Buyer in a transaction governed by Section&nbsp;741
of the Code (the &ldquo;<B><I>Intended Tax Treatment</I></B>&rdquo;). Buyer and Seller shall, and shall cause their respective Affiliates
to, (x)&nbsp;file all Tax Returns consistently with the Intended Tax Treatment and (y)&nbsp;not take any position inconsistent therewith
upon examination of any Tax Return, in any refund claim, litigation, investigation or otherwise, in each case, unless otherwise required
pursuant to a &ldquo;determination&rdquo; within the meaning of Section&nbsp;1313(a)&nbsp;of the Code (or any similar provision of applicable
state, local or foreign Law).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>16.4</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Assignment</I></B>.
Subject to <I>Section&nbsp;16.15</I>, neither this Agreement, nor any rights, obligations, liabilities, covenants, duties or responsibilities
hereunder, may be assigned by any Party, in whole or in part, without the prior written consent of the other Party, which consent may
be withheld for any reason. Any assignment in violation of the foregoing shall be deemed void <I>ab initio</I>. In the event the Parties
consent to any such assignment, such assignment shall not relieve the assigning Party of any obligations and responsibilities hereunder;
<I>provided</I>, that Buyer may assign all or a portion of this Agreement to one or more Affiliates without Seller&rsquo;s consent and
a Buyer shall have the right to direct Seller to convey all or a portion of the Assets to one or more Affiliates pursuant to the Instruments
of Conveyance without Seller&rsquo;s consent, <I>provided</I>, <I>further</I>, that such assigning Buyer and any such permitted Affiliate
transferee shall remain jointly and severally liable for any and all of such Buyer&rsquo;s obligations under this Agreement. Subject to
the preceding sentence, this Agreement shall apply to, be binding in all respects upon, and inure to the benefit of the successors and
permitted assigns of the Parties. Notwithstanding the foregoing, no consent shall be required for any assignment pursuant to <I>Section&nbsp;16.15</I>.
Any assignment or other transfer by a Buyer or its successors and assigns of any of the Assets shall not relieve such Buyer or its successors
or assigns of any of their obligations (including indemnity obligations) hereunder, as to the Assets so assigned or transferred.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>16.5</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Preparation
of Agreement</I></B><I>.</I> Seller, Buyer and their respective counsel had substantial input and participated in the drafting and preparation
of this Agreement and has had the opportunity to exercise business discretion in relation to the negotiation of the details of the transactions
contemplated by this Agreement. In the event of any ambiguity in this Agreement, no consideration shall be given or presumption shall
arise based on the identity of the draftsman of this Agreement or any particular provision of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>16.6</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Publicity</I></B>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>From
and after the Execution Date, neither Party shall (and shall direct its Affiliates and Representatives not to) make or issue any press
release or other public announcements concerning this Agreement (or otherwise disclosing the terms of this Agreement) or the transactions
contemplated by this Agreement without the prior consent of the other Party, which consent shall not be unreasonably withheld. If either
Party desires to make a public announcement, the publishing Party shall first give the non-publishing Party written notification of its
desire to make such a public announcement. The written notification shall include (i)&nbsp;a request for consent to make the announcement,
and (ii)&nbsp;a written draft of the text of such public announcement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Nothing
in this <I>Section&nbsp;16.16</I> shall prohibit any Party from issuing or making a press release, public announcement or statement concerning
this Agreement (or otherwise disclosing the terms of this Agreement) or the transactions contemplated by this Agreement if (i)&nbsp;made
to Governmental Authorities or Third Parties holding any Preferential Right, rights of Consent or other similar rights of Governmental
Authorities or Third Parties that are applicable to the transactions contemplated by this Agreement, in each case, as and only to the
extent actually necessary to provide notices, seek waivers, amendments or termination of such rights, or seek such consent; (ii)&nbsp;such
Party deems it necessary to do so in order to comply with any applicable Law or the rules&nbsp;of any stock exchange upon which the Party&rsquo;s
or a Party&rsquo;s Affiliate&rsquo;s capital stock is traded; or (iii)&nbsp;made to a Party&rsquo;s respective Representatives who have
a need to know such information and are subject to confidentiality restrictions that are no less stringent than those set forth in this
Agreement or the Confidentiality Agreement; provided, however, that to the extent possible, prior written notification shall be given
to the other Parties prior to any such announcement or statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>16.7</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Notices</I></B><I>.</I>
All notices and communications required or permitted to be given hereunder shall be in writing and shall be delivered personally by hand,
by electronic mail (&ldquo;<B><I>email</I></B>&rdquo;) (without notice of failed delivery to the required Party), or sent by bonded overnight
courier, or mailed by U.S. Express Mail or by certified or registered United States Mail with all postage fully prepaid, addressed to
Seller or Buyer, as appropriate, at the address for such Person shown below or at such other address as Seller or Buyer shall have theretofore
designated by written notice delivered to the other Parties:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">If to Seller:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Antero Resources
Corporation</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">1615 Wynkoop Street</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Denver, Colorado
80202</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Phone: [ *********** ]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Attn: Spencer
Booth</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Email: [ *********** ]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">With copies to (which
shall not constitute notice to Seller):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Attn: General
Counsel</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Email: generalcounsel@anteroresources.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">Vinson&nbsp;&amp; Elkins LLP<BR>
845 Texas Ave. Suite&nbsp;4700<BR>
Houston, Texas 77002<BR>
Attention: Chris Bennett; Scott Rubinsky<BR>
Email: cbennett@velaw.com; srubinsky@velaw.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">If to Buyer:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Infinity Natural
Resources,&nbsp;Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">2605 Cranberry
Square</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Morgantown, WV
26508</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Phone: [ *********** ]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Attention: Zack
Arnold</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Email: [ *********** ]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">Northern Oil and Gas,&nbsp;Inc.<BR>
4350 Baker Road, Suite&nbsp;400<BR>
Minnetonka, MN 55343<BR>
Attention: Adam Dirlam; Isaac Bate; Erik Romslo<BR>
Email: [ *********** ]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">With copies to (which
shall not constitute notice to Buyer):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Attn: General
Counsel</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Email: legal@infinitynr.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"> and</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Kirkland&nbsp;&amp;
Ellis LLP</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">4550 Travis Street,
Suite&nbsp;1200</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Dallas, Texas
75205</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Attention: William
C. Eiland II</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Email: william.eiland@kirkland.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"> and</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">Gibson, Dunn&nbsp;&amp; Crutcher LLP<BR>
811 Main Street, Suite&nbsp;3000<BR>
Houston, Texas 77002<BR>
Attention: Rahul D. Vashi<BR>
Email: RVashi@gibsondunn.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Any notice given in accordance
herewith shall be deemed to have been given only when delivered to the addressee in person, or by courier, during normal business hours
on a Business Day (or if delivered or transmitted after normal business hours on a Business Day or on a day other than a Business Day,
then on the next Business Day), or upon actual receipt by the addressee during normal business hours on a Business Day after such notice
has either been emailed (without notice of failed delivery to the required Party), delivered to an overnight courier or deposited in the
United States Mail, as the case may be (or if delivered after normal business hours on a Business Day or on a day other than a Business
Day, then on the next Business Day). Seller or Buyer may change the address to which such communications are to be addressed by giving
written notice to the other Parties in the manner provided in this <I>Section&nbsp;16.7</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>16.8</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Further
Cooperation</I></B><I>.</I> After Closing, Seller and Buyer shall (a)&nbsp;furnish upon request to each other such further information,
(b)&nbsp;execute and deliver, or shall cause to be executed and delivered, from time to time such further instruments of conveyance and
transfer, and (c)&nbsp;take such other actions as Seller or Buyer may reasonably request to carry out the intent of this Agreement and
to convey and deliver the Assets to Buyer to accomplish the orderly transfer of the Assets to Buyer in the manner contemplated by this
Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>16.9</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>&#8239;No
Recourse</I></B>. The Parties acknowledge and agree that no past, present or future director, manager, officer, employee, incorporator,
member, partner, direct or indirect equity holder, agent, attorney, representative, Affiliate, service provider or financing source of
any of the Parties (or any past, present or future directors, managers, officers, employees, incorporators, members, partners, equity
holders, agents, attorneys, representatives, Affiliates (other than any of the Parties) or financing sources of any of the foregoing)
(each, a &ldquo;<B><I>Non-Recourse Person</I></B>&rdquo;), in such capacity, shall have any liability or responsibility (in contract,
tort or otherwise) for any and all suits, legal or administrative proceedings, claims, demands, damages, costs, Liabilities, interest
or causes of action whatsoever, at law or in equity, known or unknown, which are arising from, based upon, related to or associated with
the negotiation, performance and consummation of this Agreement or the other Transaction Documents or the transactions contemplated hereunder
or thereunder, in each case. This Agreement may only be enforced against, and any dispute, controversy, matter or claim arising from,
based upon, related to or associated with this Agreement, or the negotiation, performance or consummation of this Agreement, may only
be brought against the entities that are expressly named as Parties, and then only with respect to the specific obligations set forth
herein with respect to such Party. Each Non-Recourse Person is expressly intended as a third-party beneficiary of this <I>Section&nbsp;16.9</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>16.10</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Entire
Agreement; Conflicts</I></B>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>THIS
AGREEMENT, THE EXHIBITS AND SCHEDULES HERETO, THE TRANSACTION DOCUMENTS AND THE CONFIDENTIALITY AGREEMENT COLLECTIVELY CONSTITUTE THE
ENTIRE AGREEMENT AMONG SELLER AND BUYER PERTAINING TO THE SUBJECT MATTER HEREOF AND SUPERSEDE ALL PRIOR AGREEMENTS, UNDERSTANDINGS, NEGOTIATIONS
AND DISCUSSIONS, WHETHER ORAL OR WRITTEN, OF SELLER AND BUYER PERTAINING TO THE SUBJECT MATTER HEREOF.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)</FONT><FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>THERE
ARE NO WARRANTIES, REPRESENTATIONS OR OTHER AGREEMENTS AMONG SELLER AND BUYER RELATING TO THE SUBJECT MATTER HEREOF EXCEPT AS SPECIFICALLY
SET FORTH IN THIS AGREEMENT, AND SELLER SHALL NOT BE BOUND BY OR LIABLE FOR ANY ALLEGED REPRESENTATION, PROMISE,&nbsp;INDUCEMENT OR STATEMENTS
OF INTENTION NOT SO SET FORTH. IN THE EVENT OF A CONFLICT BETWEEN THE TERMS AND PROVISIONS OF THIS AGREEMENT AND THE TERMS AND PROVISIONS
OF ANY EXHIBIT&nbsp;HERETO, THE TERMS AND PROVISIONS OF THIS AGREEMENT SHALL GOVERN AND CONTROL; PROVIDED, HOWEVER, THAT THE INCLUSION
IN ANY OF THE EXHIBITS HERETO OF TERMS AND PROVISIONS NOT ADDRESSED IN THIS AGREEMENT SHALL NOT BE DEEMED A CONFLICT, AND ALL SUCH ADDITIONAL
PROVISIONS SHALL BE GIVEN FULL FORCE AND EFFECT, SUBJECT TO THE PROVISIONS OF THIS <I>SECTION&nbsp;16.10</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>16.11</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Parties
in Interest</I></B><I>.</I> The terms and provisions of this Agreement shall be binding upon and inure to the benefit of the Parties and
their respective successors and permitted assigns. Notwithstanding anything contained in this Agreement to the contrary, nothing in this
Agreement, expressed or implied, is intended to confer on any Person other than Seller and Buyer and their respective successors and permitted
assigns, or the Parties&rsquo; respective related Indemnified Parties hereunder, any legal or equitable rights, remedies, obligations
or liabilities under or by reason of this Agreement; provided that only a Party and its respective successors and permitted assigns will
have the right to enforce the provisions of this Agreement on its own behalf or on behalf of any of its related Indemnified Parties (but
shall not be obligated to do so).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>16.12</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Amendment</I></B><I>.</I>
This Agreement may be amended or modified only by an instrument in writing executed by each of the Parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>16.13</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Waiver;
Rights Cumulative</I></B><I>.</I> Any of the terms, covenants, representations, warranties or conditions hereof may be waived only by
a written instrument executed by or on behalf of the Party waiving compliance. No course of dealing on the part of Seller or Buyer, or
their respective Affiliates, officers, employees, agents or representatives or any failure by Seller or Buyer to exercise any of its
rights under this Agreement shall operate as a waiver thereof or affect in any way the right of such Person at a later time to enforce
the performance of such provision. No waiver by Seller or Buyer of any condition or any breach of any term, covenant, representation
or warranty contained in this Agreement, in any one or more instances, shall be deemed to be or construed as a further or continuing
waiver of any such condition or breach or a waiver of any other condition or of any breach of any other term, covenant, representation
or warranty. The rights of Seller and Buyer under this Agreement shall be cumulative, and the exercise or partial exercise of any such
right shall not preclude the exercise of any other right.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>16.14</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Conflict
of Law Jurisdiction, Venue; Jury Waiver</I></B><I>.</I> <B>THIS AGREEMENT AND THE LEGAL RELATIONS AMONG SELLER AND BUYER SHALL BE GOVERNED
AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF TEXAS, EXCLUDING ANY CONFLICTS OF LAW RULE OR PRINCIPLE THAT WOULD REQUIRE
THE APPLICATION OF ANY OTHER LAW. EACH OF SELLER AND BUYER CONSENT TO THE EXERCISE OF JURISDICTION IN PERSONAM BY THE COURTS OF THE STATE
OF COLORADO FOR ANY ACTION ARISING OUT OF THIS AGREEMENT, THE OTHER TRANSACTION DOCUMENTS OR THE TRANSACTIONS CONTEMPLATED HEREBY. ALL
ACTIONS OR PROCEEDINGS WITH RESPECT TO, ARISING DIRECTLY OR INDIRECTLY IN CONNECTION WITH, OUT OF, RELATED TO OR FROM THIS AGREEMENT
OR THE OTHER TRANSACTION DOCUMENTS SHALL BE EXCLUSIVELY LITIGATED IN COURTS HAVING SITES IN DENVER COUNTY, COLORADO. EACH PARTY HEREBY
IRREVOCABLY CONSENTS TO THE SERVICE OF ANY PAPERS, NOTICES OR PROCESS AT THE ADDRESS SET OUT IN <I>SECTION&nbsp;16.7</I> IN CONNECTION
WITH ANY ACTION, SUIT OR PROCEEDING AND AGREES THAT NOTHING HEREIN WILL AFFECT THE RIGHT OF THE OTHER PARTIES TO SERVE ANY SUCH PAPERS,
NOTICES OR PROCESS IN ANY OTHER MANNER PERMITTED BY APPLICABLE LAW. EACH PARTY AND EACH SELLER&rsquo;S REPRESENTATIVE AGREES THAT A JUDGMENT
IN ANY SUCH DISPUTE, CONTROVERSY OR CLAIM MAY&nbsp;BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER
PROVIDED BY APPLICABLE LAW. EACH OF SELLER AND BUYER WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY&nbsp;HAVE
TO A TRIAL BY JURY IN RESPECT OF ANY ACTION, SUIT OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>16.15</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Like-Kind
Exchange</I></B><I>.</I> Notwithstanding anything else in this Agreement, each Party shall have the right to structure the transactions
contemplated under the terms of this Agreement, in whole or in part, as a Like-Kind Exchange. Notwithstanding any other provisions of
this Agreement, in connection with effectuating a Like-Kind Exchange, each Party shall have the right, prior to the Closing Date, to
assign all or a portion of its rights under this Agreement (the &ldquo;<B><I>Assigned Rights</I></B>&rdquo;) to a &ldquo;qualified intermediary&rdquo;
(as that term is defined in Section&nbsp;1.1031(k)-1(g)(4)&nbsp;of the Treasury Regulations) or to an &ldquo;Exchange Accommodation Titleholder&rdquo;
(as that term is defined in U.S. Revenue Procedure 2000-37). In the event a Party (in its capacity as an exchanging party, referred to
in this <I>Section&nbsp;16.15</I> as an &ldquo;<B><I>Exchanging Party</I></B>&rdquo;) assigns the Assigned Rights to a &ldquo;qualified
intermediary&rdquo; or an &ldquo;Exchange Accommodation Titleholder&rdquo; pursuant to this <I>Section&nbsp;16.15</I>, then such Exchanging
Party agrees to notify the other Party in writing of such assignment reasonably in advance of the Closing Date. In addition, should a
Party elect to effectuate a Like-Kind Exchange, the Parties agree to use reasonable best efforts to cooperate with one another in the
completion of such an exchange, including the execution of all documents reasonably necessary to effectuate such a Like-Kind Exchange;
provided, however, that (a)&nbsp;the Closing Date shall not be delayed or affected by reason of the Like-Kind Exchange, (b)&nbsp;the
Exchanging Party shall effect its Like-Kind Exchange through an assignment of the Assigned Rights to a &ldquo;qualified intermediary&rdquo;
or to an &ldquo;Exchange Accommodation Titleholder,&rdquo; but such assignment shall not release such Exchanging Party from any of its
liabilities or obligations under this Agreement and (c)&nbsp;the non-exchanging Party shall incur no additional unreimbursed costs, expenses,
fees or liabilities as a result of or in connection with the Exchanging Party&rsquo;s election to undertake a Like-Kind Exchange; <I>provided
further</I>, <I>however</I>, that if the non-exchanging Party incurs any costs or expenses as a result of or in connection with the Exchanging
Party&rsquo;s election to undertake a Like-Kind Exchange, the Exchanging Party shall promptly, and in any event, within ten (10)&nbsp;Business
Days of request therefor, reimburse the non-exchanging Party for such costs and expenses. Seller and Buyer each hereby acknowledge and
agree that any assignment of this Agreement pursuant to this <I>Section&nbsp;16.15 </I>shall not release a Party from, or modify, any
of its respective liabilities and obligations (including indemnity obligations to each other) under this Agreement. Neither Seller nor
Buyer, by its consent to a Like-Kind Exchange, shall be responsible in any way for the Exchanging Party&rsquo;s compliance with such
Like-Kind Exchange or be treated as making any representation or warranty as to the Tax treatment of such Like-Kind Exchange.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>16.16</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Severability</I></B><I>.</I>
If any term or other provision of this Agreement is invalid, illegal or incapable of being enforced by any rule&nbsp;of Law or public
policy, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect so long as the economic
or legal substance of the transactions contemplated hereby is not affected in any adverse manner to any of Seller or Buyer. Upon such
determination that any term or other provision is invalid, illegal or incapable of being enforced, the Parties shall negotiate in good
faith to modify this Agreement so as to effect the original intent of the Parties as closely as possible in an acceptable manner to the
end that the transactions contemplated hereby are fulfilled to the extent possible.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>16.17</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Counterparts</I></B><I>.</I>
This Agreement may be executed in any number of counterparts, and each such counterpart hereof shall be deemed to be an original instrument,
but all of such counterparts shall constitute for all purposes one agreement. Any signature hereto delivered by a Party by facsimile
or other electronic transmission shall be deemed an original signature hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>16.18</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Time
is of the Essence</I></B><I>.</I> With respect to all dates and time periods in this Agreement, time is of the essence.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>16.19</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Seller
Joint and Several Liability; Buyer Several Liability</I></B><I>.</I> Each Seller shall be jointly and severally responsible for all obligations
of Seller hereunder. Each Buyer shall be severally, and not jointly and severally, responsible for all obligation of Buyer hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>16.20</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Buyer
Representative</I></B><I>.</I> NOG has and does hereby irrevocably appoint Infinity, as the agent and attorney-in-fact of NOG for the
following purposes hereunder: (a)&nbsp;giving and receiving all notices permitted or required by this Agreement; (b)&nbsp;making adjustments
to the Purchase Price, including reductions in the Purchase Price and the resolution of any dispute regarding such adjustments; (c)&nbsp;handling,
negotiating and resolving any Title Defects, Title Benefits, Environmental Defects and any disputes related thereto with respect thereto;
(d)&nbsp;handling joint interest audits and other audits of Property Expenses; (e)&nbsp;responding to Claim Notices made against Buyer
(but not Claim Notices made solely against NOG); (f)&nbsp;agreeing with Seller as to any amendments to this Agreement which Infinity may
deem necessary or advisable, including the extension of time in which to consummate the transactions contemplated by this Agreement, and
the waiver of any Closing conditions; (g)&nbsp;conducting due diligence and coordinating regarding Buyer&rsquo;s financing, and (h)&nbsp;in
general, doing all things and taking all actions which Infinity, as representative of NOG, in its sole discretion, may consider necessary
or proper in connection with or to carry out the terms of this Agreement, as fully as if NOG were itself present and acting. This power
of attorney and all authority conferred hereby shall be irrevocable and shall not be terminated by NOG or by operation of law or by the
occurrence of any other event. For the avoidance of doubt, the appointment of Infinity by NOG as agent and attorney in fact pursuant to
this <I>Section&nbsp;16.20</I> expressly does not include the delegation of the right or obligation to make or pursue indemnity claims
on behalf of NOG, and both NOG and Infinity shall retain the separate right to make and pursue indemnity claims and rights that may accrue
to such Parties or their related Indemnified Parties under this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>16.21</I></B></FONT><B><I><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Debt
Financing Sources</I></B>. Notwithstanding anything to the contrary herein, each of the Parties on behalf of itself and each of its Affiliates
hereby: (a)&nbsp;agrees that any legal action (whether in Law or in equity, whether in contract or in tort or otherwise), involving any
Debt Financing Source, arising out of or relating to this Agreement, the Debt Financing or any of the transactions contemplated hereby
or thereby or the performance of any services thereunder, shall be subject to the exclusive jurisdiction of New York State court or federal
court of the United States of America, in each case, sitting in New York County and any appellate court thereof, (each such court, the
 &ldquo;Subject Courts&rdquo;) and each Party irrevocably submits itself and its property with respect to any such legal action to the
exclusive jurisdiction of such Subject Courts and agrees that any such dispute shall be governed by, and construed in accordance with,
the Laws of the State of New York, except as otherwise set forth in any commitment letter in respect of such Debt Financing with respect
to (i)&nbsp;the determination of the accuracy of any &ldquo;specified acquisition agreement representation&rdquo; (as such term or similar
term is defined in such commitment letter) and whether as a result of any inaccuracy thereof Buyer or any of its Affiliates has the right
to terminate its or their obligations hereunder pursuant to <I>&lrm;</I>Article&nbsp;XIII or decline to consummate the Closing as a result
thereof pursuant to <I>&lrm;</I>Article&nbsp;X and (iii)&nbsp;the determination of whether the Closing has been consummated in all material
respects in accordance with the terms hereof, which shall in each case be governed by and construed in accordance with the Laws of the
State of Texas, without giving effect to any choice or conflict of Law provision or rule&nbsp;that would cause the application of Laws
of any other jurisdiction, (b)&nbsp;agrees not to bring or support or permit any of its Affiliates to bring or support any legal action
(including any action, cause of action, claim, cross-claim or third party claim of any kind or description, whether in Law or in equity,
whether in contract or in tort or otherwise), against any Debt Financing Source in any way arising out of or relating to this Agreement,
the Debt Financing or any of the transactions contemplated hereby or thereby or the performance of any services thereunder in any forum
other than any Subject Court, (c)&nbsp;irrevocably waives, to the fullest extent that it may effectively do so, the defense of an inconvenient
forum to the maintenance of such legal action in any such Subject Court, (d)&nbsp;knowingly, intentionally and voluntarily waives to the
fullest extent permitted by applicable Law trial by jury in any legal action brought against any Debt Financing Source in any way arising
out of or relating to this Agreement, the Debt Financing or any of the transactions contemplated hereby or thereby or the performance
of any services thereunder, (e)&nbsp;agrees that no Debt Financing Source will have any liability to Seller or its shareholders or Affiliates
or any successor or assign of any of the foregoing relating to or arising out of this Agreement, the Debt Financing or any of the transactions
contemplated hereby or thereby or the performance of any services thereunder and that none of Seller or any of its Affiliates or shareholders
or successors or assigns of any of the foregoing shall bring or support any legal action (including any action, cause of action, claim,
cross-claim or third party claim of any kind or description, whether in Law or in equity, whether in Contract or in tort or otherwise),
against any Debt Financing Source relating to or in any way arising out of this Agreement, the Debt Financing or any of the transactions
contemplated hereby or thereby or the performance of any services thereunder or for any claim based on, in respect of, or by reason of
any oral or written representations made or alleged to have been made by any Debt Financing Source in connection herewith or with the
Debt Financing, including any dispute arising out of or in any way relating to the Debt Commitment Letter, (f)&nbsp;waives, and agrees
not to assert, by way of motion or as a defense, counterclaim or otherwise, in any legal action involving any Debt Financing Source or
the transactions contemplated hereby, any claim that it is not personally subject to the jurisdiction of the Subject Courts as described
herein for any reason, and (g)&nbsp;agrees (i)&nbsp;that any Debt Financing Source is an express third party beneficiary of, and may enforce,
any of the provisions in this Section&nbsp;<I>&lrm;</I>16.21 (or the definitions of any terms used in this Section&nbsp;16.21) and (ii)&nbsp;to
the extent any amendments to any provision of this Section&nbsp;<I>&lrm;</I>16.21 (or, solely as they relate to such Section, the definitions
of any terms used in this Section&nbsp;<I>&lrm;</I>16.21) are adverse to any Debt Financing Source, such provisions shall not be amended
without the prior written consent of each applicable Debt Financing Source. Notwithstanding anything contained herein to the contrary,
nothing in this Section&nbsp;<I>&lrm;</I>16.21 shall in any way affect any party&rsquo;s or any of their respective Affiliates&rsquo;
rights and remedies under any other binding agreement to which such party or any of its Affiliates and a Debt Financing Source is a party.
For the avoidance of doubt, in no event shall Seller or any of its Affiliates or any of their respective successors or assigns be entitled
to enforce or seek to enforce specifically the remedy of specific performance of the Debt Commitment Letter against any Debt Financing
Source.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[<I>Signature page&nbsp;follows.</I>]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">IN WITNESS WHEREOF, Seller
and Buyer have executed this Agreement as of the Execution Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>SELLER</U>:</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ANTERO RESOURCES CORPORATION</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; width: 50%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 3%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; width: 47%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Brendan Krueger</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: Brendan Krueger</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: Chief Financial Officer and Treasurer</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ANTERO MINERALS LLC</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Brendan Krueger</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: Brendan Krueger</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: Chief Financial Officer and Treasurer</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>MONROE PIPELINE LLC</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Brendan Krueger</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: Brendan Krueger</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: Chief Financial Officer and Treasurer</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-variant: small-caps"><I>Signature
Page&nbsp;to Purchase and Sale Agreement</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>BUYER</U>:</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>INFINITY NATURAL RESOURCES LLC</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 3%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 47%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Zack Arnold</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: Zack Arnold</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: President and Chief Executive Officer</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>NORTHERN OIL AND GAS, INC.</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Nicholas O&rsquo;Grady</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: Nicholas O&rsquo;Grady</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: Chief Executive Officer</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-variant: small-caps"><I>Signature
Page&nbsp;to Purchase and Sale Agreement</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>4
<FILENAME>tm2532931d1_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
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<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: right; margin: 0"><B>Exhibit 99.1</B></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: right; margin: 0"><IMG SRC="tm2532931d1_ex99-1img001.jpg" ALT="">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Antero Resources Announces Strategic Transactions
with Marcellus Acquisition and Utica Divestiture</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Denver, Colorado, December 8, 2025&mdash;Antero
Resources Corporation (NYSE: AR)</B> (&ldquo;Antero Resources,&rdquo; &ldquo;Antero,&rdquo; or the &ldquo;Company&rdquo;) today announced
it has entered into a definitive agreement to acquire the upstream assets of HG Energy II, LLC (&ldquo;HG Energy&rdquo;) for total consideration
of $2.8 billion in cash plus the assumption of HG Energy&rsquo;s commodity hedge book, subject to customary closing adjustments. The transaction
is expected to close in the second quarter of 2026, with an effective date of January 1, 2026. In addition, Antero announced it has entered
into a definitive agreement to sell its Ohio Utica Shale upstream assets for total consideration of $800 million in cash, subject to customary
closing adjustments. The Utica divestiture is expected to close in the first quarter of 2026, with an effective date of July 1, 2025.
Separately, Antero Midstream (NYSE:AM) announced that it has entered into a definitive agreement to acquire the midstream assets from
HG Energy for total consideration of $1.1 billion in cash, subject to customary closing adjustments. Antero Midstream also announced it
has entered into a definitive agreement to sell its Utica Shale midstream assets for total consideration of $400 million, subject to customary
closing adjustments. The transactions were unanimously approved by the Company&rsquo;s Board of Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Transaction Highlights:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><B>Strategic acquisition adds 850 MMcfe/d of 2026 expected production in West Virginia&rsquo;s core Marcellus
footprint </B></TD></TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">o</FONT></TD><TD STYLE="text-align: justify">385,000 net acres offsetting Antero&rsquo;s existing ~475,000 net core Marcellus acreage position</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 9pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">o</FONT></TD><TD STYLE="text-align: justify">&gt;400 remaining gross locations with high NRI&rsquo;s and average lateral lengths of 20,300 feet</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 9pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">o</FONT></TD><TD STYLE="text-align: justify">Lengthens inventory life by approximately 5 years at maintenance capital levels</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><B>Identified approximately $950 million of synergies over 10 years (PV-10)</B></TD></TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">o</FONT></TD><TD STYLE="text-align: justify">Capital synergies of approximately $550 million inclusive of development planning optimization and D&amp;C
savings related to implementing Antero&rsquo;s development pace and reducing tangible costs</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">o</FONT></TD><TD STYLE="text-align: justify">Income related synergies of approximately $400 million inclusive of reduced net marketing expense, water
handling optimization that is expected to reduce lease operating costs and tax benefits</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><B>Maintains Investment Grade Balance Sheet</B></TD></TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">o</FONT></TD><TD STYLE="text-align: justify">Expected to maintain investment grade ratings</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">o</FONT></TD><TD STYLE="text-align: justify">Pro forma leverage target of less than 1.0x expected in 2026</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">o</FONT></TD><TD STYLE="text-align: justify">Free Cash Flow protected through commodity price hedges, including basis exposure</TD></TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&sect;</FONT></TD><TD STYLE="text-align: justify">Approximately 90% of HG natural gas production is hedged in 2026 and 2027 at average NYMEX prices of $4.00
and $3.88, respectively</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><B>Acquisition is accretive on key financial metrics </B></TD></TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">o</FONT></TD><TD STYLE="text-align: justify">Acquired upstream assets at a 3.7x 2026E EBITDAX multiple and 18%+ 2026E Free Cash Flow Yield</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">o</FONT></TD><TD STYLE="text-align: justify">Over 30% expected average Free Cash Flow accretion over the next two years</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">o</FONT></TD><TD STYLE="text-align: justify">Expected to reduce Antero&rsquo;s cash cost structure by approximately $0.25 per Mcfe and improve the
Company&rsquo;s margin by approximately $0.15 to $0.20 per Mcfe (excluding synergies)</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><B>Divestiture of Non-core Ohio Utica Shale assets for $800 million </B></TD></TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">o</FONT></TD><TD STYLE="text-align: justify">Expected production of 150 MMcfe/d in 2026</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">o</FONT></TD><TD STYLE="text-align: justify">Assets divested at an approximate 8x 2026E EBITDAX multiple and 7% 2026 estimated Free Cash Flow Yield,
based on Antero&rsquo;s limited development plan for the assets in 2026 and beyond</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Michael Kennedy, President and CEO of Antero Resources
commented, &ldquo;Today&rsquo;s acquisition expands our core acreage and enhances our position as the premier liquids developer in the
Marcellus. Importantly, we have clear line of sight to financing the acquired assets with Antero&rsquo;s near-term Free Cash Flow generation,
proceeds from the non-core Utica divestiture, and the 3-year hedged Free Cash Flow generated by the acquired assets. The acquired assets
will also bolster our industry leading maintenance capital efficiency while providing us with further dry gas optionality for local demand
from data centers and natural gas fired power plants.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Brendan Krueger, CFO of Antero Resources said,
&ldquo;The strategic transactions announced today are highly accretive on a per share basis across key metrics including Operating Cash
Flow, Free Cash Flow and Net Asset Value. We were able to divest a non-core asset at an attractive valuation and pair the expected use
of proceeds with the acquisition of assets directly in the core of where we operate today. Importantly, as a result of managing Antero&rsquo;s
business with a strong balance sheet, executing the divestiture of the Utica assets and generating significant Free Cash Flow, we expect
to reduce leverage to 1.0x or lower in 2026 based on current strip pricing.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Estimated Pro Forma 2026 Production Level</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The below table illustrates a pro forma maintenance
production level assuming the fourth quarter 2025 production guidance and the Utica disposition and HG acquisition assuming each contributing
to production beginning April 1, 2026.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: justify">&nbsp;</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="12" STYLE="text-align: center; border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold">Estimated Maintenance Production Targets<BR>
 (2Q26 &ndash; 4Q26 Average)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: justify">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid">AR</TD><TD STYLE="padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid">Utica</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid">HG</TD><TD STYLE="padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid">Pro Forma</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-bottom: 2pt; width: 49%; font: bold 10pt Times New Roman, Times, Serif; text-align: justify">Net Daily Natural Gas Equivalent Production (MMcfe/d)</TD><TD STYLE="padding-bottom: 2pt; width: 1%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2pt; width: 1%; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2pt; font: 10pt Times New Roman, Times, Serif; width: 10%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3,500 to 3,525</FONT></TD><TD STYLE="padding-bottom: 2pt; width: 1%; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2pt; width: 1%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2pt; width: 1%; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2pt; font: 10pt Times New Roman, Times, Serif; width: 10%; text-align: center">(150)</TD><TD STYLE="padding-bottom: 2pt; width: 1%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2pt; width: 1%; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2pt; font: 10pt Times New Roman, Times, Serif; width: 10%; text-align: center">850</TD><TD STYLE="padding-bottom: 2pt; width: 1%; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2pt; width: 1%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2pt; text-align: center; width: 12%; font-size: 10pt">4,200 to 4,225</TD></TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I>For a discussion of the non-GAAP financial
measures including EBITDAX, Free Cash Flow, Free Cash Flow Yield Net Debt and PV-10 please see &ldquo;Non-GAAP Financial Measures.&rdquo;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Transaction Financing</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Antero expects to finance the transaction with
Free Cash Flow, a $1.5 billion underwritten 3-year term loan by Royal Bank of Canada and JPMorgan Chase Bank, N.A., proceeds from the
Utica Shale divestiture, and/or borrowings under its revolving credit facility. Antero currently has approximately $1.3 billion of liquidity
under its revolving credit facility.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Advisors</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">RBC Capital Markets served as lead financial advisor
to Antero Resources on the HG Energy acquisition. Lazard served as financial advisor to the Antero Resources Conflicts Committee. Vinson
&amp; Elkins L.L.P. served as legal counsel to Antero and the Antero Resources Conflicts Committee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Jefferies LLC served as lead financial advisor
to HG Energy and Quantum Capital Group. Wells Fargo and Truist served as financial advisors to HG Energy. Kirkland &amp; Ellis served
as legal counsel to HG Energy.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">RBC Capital Markets served as lead financial
advisor to Antero on the Utica asset divestiture. Wells Fargo also served as a financial advisor to Antero on the transaction.
Lazard served as financial advisor to the Antero Resources Conflicts Committee. Vinson &amp; Elkins L.L.P. served as legal counsel
to Antero Resources.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B></B>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Conference Call and Webcast
Information</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Antero Resources and Antero Midstream will hold
a conference call to discuss the details of the transactions at 7:00 a.m. MT today, December 8, 2025. To participate in the call, dial
in at 877-407-9079 (U.S.), or 201-493-6746 (International) and reference &ldquo;Antero Resources.&rdquo; A telephone replay of the call
will be available until Monday, December 15, 2025 at 7:00 am MT at 877-660-6853 (U.S.) or 201-612-7415 (International) using the conference
ID: 13757527. To access the live webcast and view the related conference call presentation, visit Antero's website at www.anteroresources.com.
A replay will be archived and available in the same location after the conclusion of the live event.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Notwithstanding their use for comparative purposes,
the Company&rsquo;s non-GAAP financial measures may not be comparable to similarly titled measures employed by other companies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B></B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B></B>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Non-GAAP Financial Measures</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Free Cash Flow</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Free Cash Flow is a measure of financial performance
not calculated under GAAP and should not be considered in isolation or as a substitute for cash flow from operating, investing, or financing
activities, as an indicator of cash flow or as a measure of liquidity. The Company defines Free Cash Flow as net cash provided by operating
activities, less capital expenditures, which includes additions to unproved properties, drilling and completion costs and additions to
other property and equipment, less distributions to non-controlling interests in Martica.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company has not provided projected net cash
provided by operating activities or a reconciliation of Free Cash Flow to projected net cash provided by operating activities, the most
comparable financial measure calculated in accordance with GAAP. The Company is unable to project net cash provided by operating activities
for any future period because this metric includes the impact of changes in operating assets and liabilities related to the timing of
cash receipts and disbursements that may not relate to the period in which the operating activities occurred. The Company is unable to
project these timing differences with any reasonable degree of accuracy without unreasonable efforts.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Free Cash Flow is a useful indicator of the Company&rsquo;s
ability to internally fund its activities, service or incur additional debt and estimate our ability to return capital to shareholders.
There are significant limitations to using Free Cash Flow as a measure of performance, including the inability to analyze the effect of
certain recurring and non-recurring items that materially affect the Company&rsquo;s net income, the lack of comparability of results
of operations of different companies and the different methods of calculating Free Cash Flow reported by different companies. Free Cash
Flow does not represent funds available for discretionary use because those funds may be required for debt service, land acquisitions
and lease renewals, other capital expenditures, working capital, income taxes, exploration expenses, and other commitments and obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Free Cash Flow Yield</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Free Cash Flow Yield is a measure of financial
performance not calculated under GAAP and should not be considered in isolation or as a substitute for cash flow from operating, investing,
or financing activities, as an indicator of cash flow, or as a measure of liquidity. The Company defines Free Cash Flow Yield as Free
Cash Flow divided by the Company&rsquo;s market capitalization. Market capitalization is defined as the Company&rsquo;s shares outstanding
multiplied by the price per share. Management believes Free Cash Flow yield is a useful financial measure to an investor as it provides
insight into the Company&rsquo;s ability to generate cash flow from business operations relative to its market capitalization. We have
not included a reconciliation of Free Cash Flow or Free Cash Flow Yield for 2026 because we cannot do so without unreasonable effort and
any attempt to do so would be inherently imprecise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Adjusted EBITDAX </I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Adjusted EBITDAX as defined by the Company represents
income or loss, including noncontrolling interests, before interest expense, interest income, unrealized gains or losses from commodity
derivatives, but including net cash receipts or payments on derivative instruments included in derivative gains or losses other than proceeds
from derivative monetizations, amortization of deferred revenue, VPP, income taxes, impairment of property and equipment, depletion, depreciation,
amortization, and accretion, exploration expense, equity-based compensation expense, contract termination, loss contingency, transaction
fees, gain or loss on sale of assets, loss on convertible note inducement, equity in earnings of and dividends from unconsolidated affiliates
and Martica-related adjustments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The GAAP financial measure nearest to Adjusted
EBITDAX is net income or loss including noncontrolling interest that will be reported in Antero&rsquo;s condensed consolidated financial
statements. While there are limitations associated with the use of Adjusted EBITDAX described below, management believes that this measure
is useful to an investor in evaluating the Company&rsquo;s financial performance because it:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify">is widely used by investors in the oil and natural gas industry to measure operating performance without
regard to items excluded from the calculation of such term, which may vary substantially from company to company depending upon accounting
methods and the book value of assets, capital structure, and the method by which assets were acquired, among other factors;</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify">helps investors to more meaningfully evaluate and compare the results of Antero&rsquo;s operations from
period to period by removing the effect of its capital and legal structure from its consolidated operating structure; and</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify">is used by management for various purposes, including as a measure of Antero&rsquo;s operating performance,
in presentations to the Company&rsquo;s board of directors, and as a basis for strategic planning and forecasting. Adjusted EBITDAX is
also used by the board of directors as a performance measure in determining executive compensation.</TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify">There are significant limitations to using Adjusted EBITDAX as a measure of performance, including the
inability to analyze the effects of certain recurring and non-recurring items that materially affect the Company&rsquo;s net income or
loss, the lack of comparability of results of operations of different companies, and the different methods of calculating Adjusted EBITDAX
reported by different companies. In addition, Adjusted EBITDAX provides no information regarding a company&rsquo;s capital structure,
borrowings, interest costs, capital expenditures, and working capital movement or tax position.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I></I></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I></I><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Net Debt</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Net Debt is calculated as total long-term debt
less cash and cash equivalents. Management uses Net Debt to evaluate the Company&rsquo;s financial position, including its ability to
service its debt obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>PV-10</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">PV-10 is a non-GAAP financial measure that differs
from a financial measure under GAAP known as &ldquo;standardized measure of discounted future net cash flows&rdquo; in that PV-10 is calculated
without including future income taxes. The Company believes the presentation of PV-10 provides useful information because it is widely
used by investors in evaluating oil and natural gas companies without regard to specific income tax characteristics of such entities.
PV-10 is not intended to represent the current market value of the Company&rsquo;s estimated proved reserves. PV-10 should not be considered
in isolation or as a substitute for the standardized measure as defined under GAAP. The Company also presents PV-10 at strip pricing,
which is PV-10 adjusted for price sensitivities. Since GAAP does not prescribe a comparable GAAP measure for PV-10 of reserves adjusted
for pricing sensitivities, it is not practicable for the Company to reconcile PV-10 at strip pricing to a standardized measure or any
other GAAP measure.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I>This release includes &quot;forward-looking
statements.&quot; Words such as &ldquo;may,&rdquo; &ldquo;assume,&rdquo; &ldquo;forecast,&rdquo; &ldquo;position,&rdquo; &ldquo;predict,&rdquo;
&ldquo;strategy,&rdquo; &ldquo;expect,&rdquo; &ldquo;intend,&rdquo; &ldquo;plan,&rdquo; &ldquo;estimate,&rdquo; &ldquo;anticipate,&rdquo;
&ldquo;believe,&rdquo; &ldquo;project,&rdquo; &ldquo;budget,&rdquo; &ldquo;potential,&rdquo; or &ldquo;continue,&rdquo; &ldquo;goal,&rdquo;
&ldquo;target,&rdquo; and similar expressions are used to identify forward-looking statements, although not all forward-looking statements
contain such identifying words. Such forward-looking statements are subject to a number of risks and uncertainties, many of which are
not under Antero Resources&rsquo; control. All statements, except for statements of historical fact, made in this release regarding activities,
events or developments Antero Resources expects, believes or anticipates will or may occur in the future, such as those regarding our
financial strategy, future operating results, financial position, estimated revenues and losses, potential or pending acquisitions or
other strategic transactions of Antero Resources and Antero Midstream, including the proposed acquisitions from HG Energy and the proposed
Utica divestitures, the timing and financing thereof and Antero Resources and Antero Midstream's respective ability to achieve the intended
operational, financial and strategic benefits from any such transactions, projected costs, estimated realized natural gas, NGL and oil
prices, prospects, plans and objectives of management, return of capital program, expected results, impacts of geopolitical, including
the conflicts in Ukraine and in the Middle East, and world health events, future commodity prices, future production targets, including
those related to certain levels of production, future earnings, leverage targets and debt repayment, future capital spending plans, improved
and/or increasing capital efficiency, expected drilling and development plans, projected well costs and cost savings initiatives, operations
of Antero Midstream, future financial position, the participation level of our drilling partner and the financial and production results
to be achieved as a result of that drilling partnership, the other key assumptions underlying our projections, the impact of recently
enacted legislation, and future marketing opportunities, are forward-looking statements within the meaning of Section 27A of the Securities
Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on management&rsquo;s current
beliefs, based on currently available information, as to the outcome and timing of future events. All forward-looking statements speak
only as of the date of this release. Although Antero Resources believes that the plans, intentions and expectations reflected in or suggested
by the forward-looking statements are reasonable, there is no assurance that these plans, intentions or expectations will be achieved.
Therefore, actual outcomes and results could materially differ from what is expressed, implied or forecast in such statements. Except
as required by law, Antero Resources expressly disclaims any obligation to and does not intend to publicly update or revise any forward-looking
statements.</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I>Antero Resources cautions you that these forward-looking
statements are subject to all of the risks and uncertainties, incidental to our business, most of which are difficult to predict and many
of which are beyond the Antero Resources&rsquo; control. These risks include, but are not limited to, risks associated with the acquisition
of HG Energy and the disposition of assets in the Utica Basin, including the risk that the acquisition or disposition is not consummated
on the terms expected or on the anticipated schedule, or at all, and risks associated with the successful integration and future performance
of the acquired assets and operations, commodity price volatility, inflation, supply chain or other disruption, availability and cost
of drilling, completion and production equipment and services, environmental risks, drilling and completion and other operating risks,
marketing and transportation risks, regulatory changes or changes in law, changes in emission calculation methods, the uncertainty inherent
in estimating natural gas, NGLs and oil reserves and in projecting future rates of production, cash flows and access to capital, the timing
of development expenditures, conflicts of interest among our stockholders, impacts of geopolitical, including the conflicts in Ukraine
and the Middle East, and world health events, cybersecurity risks, the state of markets for, and availability of, verified quality carbon
offsets and the other risks described under the heading &quot; Risk Factors&quot; in Antero Resources&rsquo; Annual Report on Form 10-K
for the year ended December 31, 2024 and the Quarterly Report on Form 10-Q for the quarter ended September 30, 2025.</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I>For more information, contact Daniel Katzenberg,
Director - Finance and Investor Relations of Antero Resources at (303) 357-7219 or dkatzenberg@anteroresources.com.</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalPeriodFocus" xlink:to="dei_DocumentFiscalPeriodFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xml:lang="en-US">Document Fiscal Period Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFiscalYearFocus" xlink:label="dei_DocumentFiscalYearFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalYearFocus" xlink:to="dei_DocumentFiscalYearFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalYearFocus_lbl" xml:lang="en-US">Document Fiscal Year Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CurrentFiscalYearEndDate" xlink:label="dei_CurrentFiscalYearEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CurrentFiscalYearEndDate" xlink:to="dei_CurrentFiscalYearEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xml:lang="en-US">Current Fiscal Year End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityFileNumber" xlink:label="dei_EntityFileNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFileNumber" xlink:to="dei_EntityFileNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFileNumber_lbl" xml:lang="en-US">Entity File Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityRegistrantName_lbl" xml:lang="en-US">Entity Registrant Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCentralIndexKey_lbl" xml:lang="en-US">Entity Central Index Key</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityPrimarySicNumber" xlink:label="dei_EntityPrimarySicNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPrimarySicNumber" xlink:to="dei_EntityPrimarySicNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPrimarySicNumber_lbl" xml:lang="en-US">Entity Primary SIC Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityTaxIdentificationNumber" xlink:label="dei_EntityTaxIdentificationNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityTaxIdentificationNumber" xlink:to="dei_EntityTaxIdentificationNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xml:lang="en-US">Entity Tax Identification Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="dei_EntityIncorporationStateCountryCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine1" xlink:label="dei_EntityAddressAddressLine1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine1_lbl" xml:lang="en-US">Entity Address, Address Line One</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine2" xlink:label="dei_EntityAddressAddressLine2" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine2" xlink:to="dei_EntityAddressAddressLine2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine2_lbl" xml:lang="en-US">Entity Address, Address Line Two</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine3" xlink:label="dei_EntityAddressAddressLine3" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine3" xlink:to="dei_EntityAddressAddressLine3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine3_lbl" xml:lang="en-US">Entity Address, Address Line Three</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressCityOrTown" xlink:label="dei_EntityAddressCityOrTown" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCityOrTown_lbl" xml:lang="en-US">Entity Address, City or Town</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressStateOrProvince" xlink:label="dei_EntityAddressStateOrProvince" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressStateOrProvince_lbl" xml:lang="en-US">Entity Address, State or Province</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressCountry" xlink:label="dei_EntityAddressCountry" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCountry" xlink:to="dei_EntityAddressCountry_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCountry_lbl" xml:lang="en-US">Entity Address, Country</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressPostalZipCode_lbl" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CountryRegion" xlink:label="dei_CountryRegion" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CountryRegion" xlink:to="dei_CountryRegion_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CountryRegion_lbl" xml:lang="en-US">Country Region</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CityAreaCode" xlink:label="dei_CityAreaCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CityAreaCode" xlink:to="dei_CityAreaCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CityAreaCode_lbl" xml:lang="en-US">City Area Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_LocalPhoneNumber_lbl" xml:lang="en-US">Local Phone Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_Extension" xlink:label="dei_Extension" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Extension" xlink:to="dei_Extension_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Extension_lbl" xml:lang="en-US">Extension</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_WrittenCommunications" xlink:label="dei_WrittenCommunications" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_WrittenCommunications" xlink:to="dei_WrittenCommunications_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_WrittenCommunications_lbl" xml:lang="en-US">Written Communications</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SolicitingMaterial" xlink:label="dei_SolicitingMaterial" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SolicitingMaterial" xlink:to="dei_SolicitingMaterial_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SolicitingMaterial_lbl" xml:lang="en-US">Soliciting Material</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_PreCommencementTenderOffer" xlink:label="dei_PreCommencementTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementTenderOffer_lbl" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="dei_PreCommencementIssuerTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementIssuerTenderOffer" xlink:to="dei_PreCommencementIssuerTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_Security12bTitle" xlink:label="dei_Security12bTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12bTitle" xlink:to="dei_Security12bTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12bTitle_lbl" xml:lang="en-US">Title of 12(b) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_NoTradingSymbolFlag" xlink:label="dei_NoTradingSymbolFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_NoTradingSymbolFlag" xlink:to="dei_NoTradingSymbolFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_NoTradingSymbolFlag_lbl" xml:lang="en-US">No Trading Symbol Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_TradingSymbol_lbl" xml:lang="en-US">Trading Symbol</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SecurityExchangeName" xlink:label="dei_SecurityExchangeName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityExchangeName" xlink:to="dei_SecurityExchangeName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityExchangeName_lbl" xml:lang="en-US">Security Exchange Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_Security12gTitle" xlink:label="dei_Security12gTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12gTitle" xlink:to="dei_Security12gTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12gTitle_lbl" xml:lang="en-US">Title of 12(g) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SecurityReportingObligation" xlink:label="dei_SecurityReportingObligation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityReportingObligation" xlink:to="dei_SecurityReportingObligation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityReportingObligation_lbl" xml:lang="en-US">Security Reporting Obligation</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AnnualInformationForm" xlink:label="dei_AnnualInformationForm" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AnnualInformationForm" xlink:to="dei_AnnualInformationForm_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AnnualInformationForm_lbl" xml:lang="en-US">Annual Information Form</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="dei_AuditedAnnualFinancialStatements" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditedAnnualFinancialStatements" xlink:to="dei_AuditedAnnualFinancialStatements_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditedAnnualFinancialStatements_lbl" xml:lang="en-US">Audited Annual Financial Statements</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="dei_EntityWellKnownSeasonedIssuer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityWellKnownSeasonedIssuer" xlink:to="dei_EntityWellKnownSeasonedIssuer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityWellKnownSeasonedIssuer_lbl" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityVoluntaryFilers" xlink:label="dei_EntityVoluntaryFilers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityVoluntaryFilers" xlink:to="dei_EntityVoluntaryFilers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityVoluntaryFilers_lbl" xml:lang="en-US">Entity Voluntary Filers</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCurrentReportingStatus" xlink:label="dei_EntityCurrentReportingStatus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCurrentReportingStatus" xlink:to="dei_EntityCurrentReportingStatus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCurrentReportingStatus_lbl" xml:lang="en-US">Entity Current Reporting Status</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityInteractiveDataCurrent" xlink:label="dei_EntityInteractiveDataCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityInteractiveDataCurrent" xlink:to="dei_EntityInteractiveDataCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xml:lang="en-US">Entity Interactive Data Current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityFilerCategory" xlink:label="dei_EntityFilerCategory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFilerCategory" xlink:to="dei_EntityFilerCategory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFilerCategory_lbl" xml:lang="en-US">Entity Filer Category</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntitySmallBusiness" xlink:label="dei_EntitySmallBusiness" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntitySmallBusiness" xlink:to="dei_EntitySmallBusiness_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntitySmallBusiness_lbl" xml:lang="en-US">Entity Small Business</link:label>
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<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>7
<FILENAME>ar-20251205_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE
<TEXT>
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end
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>10
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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<body>
<span style="display: none;">v3.25.3</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cover<br></strong></div></th>
<th class="th"><div>Dec. 05, 2025</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Dec.  05,  2025<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">001-36120<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">ANTERO RESOURCES CORPORATION<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001433270<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">80-0162034<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">DE<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">1615 Wynkoop Street<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Denver<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">CO<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">80202<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">303<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">357-7310<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Common Stock, par value $0.01 Per Share<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">AR<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td>xbrli:booleanItemType</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td>dei:edgarStateCountryItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14a<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SolicitingMaterial</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_WrittenCommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_WrittenCommunications</td>
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<tr>
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<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Securities Act",
   "Number": "7A",
   "Section": "B",
   "Subsection": "2"
  }
 }
}
</TEXT>
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