Item 1.01 Entry into a Material Definitive Agreement.
On
The Purchase Agreements contain customary representations, warranties, covenants and indemnities by each of the applicable parties thereto. The parties' obligations to close the acquisitions are subject to certain closing conditions set forth in the Purchase Agreements. There can be no assurance that the conditions to closing the acquisitions will be satisfied.
The above description of the material terms and conditions of the Purchase Agreements does not purport to be complete and is qualified in its entirety by reference to the full text of the Purchase Agreements, which are filed as Exhibits 10.1 and 10.2 hereto.
Item 7.01 Regulation FD Disclosure.
On
In accordance with General Instruction B.2 of Form 8-K, the information in Item 7.01 of this Current Report on Form 8-K, including the attached Exhibit 99.1 is being furnished pursuant to Item 7.01 and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference into any of the Company's filings under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof and regardless of any general incorporation language in such filings, except to the extent expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements & Exhibits.
(d) Exhibits Exhibit No. Description 10.1 Agreement for Purchase and Sale datedAugust 24, 2020 , by and betweenPanhandle Oil and Gas Inc. , as Buyer, andRed Stone Resources, LLC , as Seller (Oklahoma assets). 10.2 Agreement for Purchase and Sale datedAugust 24, 2020 , by and amongPanhandle Oil and Gas Inc. , as Buyer, andRed Stone Resources, LLC , for itself and as successor-in-interest by merger toMacedonia Minerals, LLC , a formerTexas limited liability company, andRed Stone Operating, LLC , as Sellers (Texas assets). 99.1 Press Release ofPanhandle Oil and Gas Inc. datedAugust 27, 2020 .
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