STOCK PURCHASE AGREEMENT
THIS AGREEMENT is executed this 26th day of August, 2000, by LARRY G. JORDAN of Eufaula,
Oklahoma, JIM and BILLIE BAKER of Oklahoma City, Oklahoma, KEITH D. MENEES of Oklahoma City,
Oklahoma, WILLARD L. and JEANNE O'DANIEL of McAlester, Oklahoma, JAMES W. and LAVADA
GREER LIVING TRUST of Eufaula, Oklahoma, JACK and MARIE SELLERS of Eufaula, Oklahoma, and
MARK R. HOY of Dallas, Texas, herein referred to, individually, as "Seller" and, collectively, as "Sellers", and
ENERGAS RESOURCES INC., a British Columbia, Canada corporation ("Energas"), with Energas maintaining
offices in Oklahoma City, Oklahoma.
(a) Sellers represent that they own 100% of the outstanding and issued capital stock of FIRST NATURAL
GAS, INC., an Oklahoma corporation ("the Company"), said outstanding and issued shares being 1,660 shares
("Sellers' Stock"). Each Seller represents that his share of Sellers' Stock is as follows:
(b) By this Agreement, Seller is selling to Energas and Energas is buying from Seller all of Seller's Stock.
Seller No. of Shares
Larry G. Jordan 1,075
Jim and Billie Baker 105
Keith D. Menees 70
Willard L. and Jeanne O'Daniel 140
James W. and LaVada Greer Living Trust 225
Jack and Marie Sellers 35
Mark R. Hoy 10
(c) Sellers represent that, at closing, the only assets of the Company will consist of the real and personal property
described in the schedule which is attached hereto and made a part hereof as Exhibit A, said property described
in Exhibit A being referred to herein as "the Assets".
(d) The sale and purchase of Seller's Stock will be consummated pursuant to the following terms and conditions: