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Arabella Exploration Announces Termination of Portion of Property Sale Deal
Marketwired - Wed Sep 09, 7:22AM CDT
Arabella Exploration, Inc. (OTC PINK: AXPLF) ("Arabella" or the "Company"
, an oil and gas E&P company focused on the Permian Basin, today announced that the third party buyer ("Buyer" in the Purchase and Sale Agreement ("PSA" between the Company and the Buyer notified the Company that it was terminating the PSA. Pursuant to the PSA, the Buyer had agreed to provide the $15 million cash portion of the previously announced two part sale of Arabella's Locker State, Graham, Woods, Jackson and Emily Bell prospects. McCabe Petroleum Corporation ("McCabe" remains willing to complete its deal as previously announced if a suitable replacement for the Buyer's transaction can be identified.
Arabella Exploration to Present at Upcoming Investor Conferences
Marketwired - Tue Jan 13, 7:03AM CST
Arabella Exploration, Inc. (OTCQB: AXPLF) ("Arabella" or the "Company", an oil and gas E&P company focused on the Southern Delaware portion of the Permian Basin, today announced that management will present at the following investor conferences in February.
Arabella Exploration Increases Ownership in Producing Properties
Marketwired - Mon Nov 24, 7:04AM CST
Arabella Exploration, Inc. (OTCQB: AXPLF) ("Arabella" or the "Company", an oil and gas E&P company focused on the Southern Delaware portion of the Permian Basin, today announced that it has acquired additional working interests in its properties from existing working interest holders. Over a series of five separate transactions, the Company acquired approximately 420 net acres and approximately 350,000 barrels of oil equivalent in proved reserves. These reserves are worth in excess of $6.0 million of proved PV10, including approximately $3.5 million of proved developed producing PV10. Across the five transactions, the Company will pay, in the aggregate, approximately $2.2 million and issue 112,250 of its ordinary shares. The Company will be entitled to production and revenue from the acquired working interests beginning from the effective date of November 1, 2014.
Arabella Exploration Announces Participation in Upcoming Investor Conference
Marketwired - Fri Nov 07, 7:03AM CST
Arabella Exploration, Inc. (OTCQB: AXPLF) ("Arabella" or the "Company" an oil & gas E&P company focused on the Southern Delaware portion of the Permian Basin, today announced that management will present that the following upcoming investor conference.
Arabella Exploration Backs Into Additional Acreage
Marketwired - Fri Oct 24, 7:02AM CDT
Arabella Exploration, Inc. (OTCQB: AXPLF) ("Arabella" or the "Company", an oil and gas E&P company focused on the Southern Delaware portion of the Permian Basin, today announced that it has backed into ownership on additional acreage in Pecos and Reeves County in the Southern Delaware Basin. Arabella has owned a reversionary interest in certain acres controlled by Brigham Resources Operating, LLC ("Brigham". Once Arabella's portion of the expenses to date of drilling and leasehold costs were paid, the interests reverted into standard non-operated, working interests in these wells and properties.
Arabella Exploration Announces Resignation of Directors
Marketwire - Tue Sep 09, 6:31AM CDT
Arabella Exploration, Inc. (OTCQB: AXPLF) ("Arabella" or the "Company", an oil and gas E&P company focused on the Southern Delaware portion of the Permian Basin, today announced that two of its directors, George P. Bush and Malachi Boyuls have resigned to pursue other opportunities in the private and public sector. Messrs. Bush and Boyuls are partners in St. Augustine Capital Partners, LLC, an investment firm in Fort Worth focused on oil and gas consulting. Mr. Bush is running for Land Commissioner in Texas in the November 4, 2014 election.
Arabella Exploration Announces Termination of Portion of Property Sale Deal
Marketwired - Wed Sep 09, 7:22AM CDT
Arabella Exploration, Inc. (OTC PINK: AXPLF) ("Arabella" or the "Company"
, an oil and gas E&P company focused on the Permian Basin, today announced that the third party buyer ("Buyer" in the Purchase and Sale Agreement ("PSA" between the Company and the Buyer notified the Company that it was terminating the PSA. Pursuant to the PSA, the Buyer had agreed to provide the $15 million cash portion of the previously announced two part sale of Arabella's Locker State, Graham, Woods, Jackson and Emily Bell prospects. McCabe Petroleum Corporation ("McCabe" remains willing to complete its deal as previously announced if a suitable replacement for the Buyer's transaction can be identified. Arabella Exploration to Present at Upcoming Investor Conferences
Marketwired - Tue Jan 13, 7:03AM CST
Arabella Exploration, Inc. (OTCQB: AXPLF) ("Arabella" or the "Company"
, an oil and gas E&P company focused on the Southern Delaware portion of the Permian Basin, today announced that management will present at the following investor conferences in February. Arabella Exploration Increases Ownership in Producing Properties
Marketwired - Mon Nov 24, 7:04AM CST
Arabella Exploration, Inc. (OTCQB: AXPLF) ("Arabella" or the "Company"
, an oil and gas E&P company focused on the Southern Delaware portion of the Permian Basin, today announced that it has acquired additional working interests in its properties from existing working interest holders. Over a series of five separate transactions, the Company acquired approximately 420 net acres and approximately 350,000 barrels of oil equivalent in proved reserves. These reserves are worth in excess of $6.0 million of proved PV10, including approximately $3.5 million of proved developed producing PV10. Across the five transactions, the Company will pay, in the aggregate, approximately $2.2 million and issue 112,250 of its ordinary shares. The Company will be entitled to production and revenue from the acquired working interests beginning from the effective date of November 1, 2014. Arabella Exploration Announces Participation in Upcoming Investor Conference
Marketwired - Fri Nov 07, 7:03AM CST
Arabella Exploration, Inc. (OTCQB: AXPLF) ("Arabella" or the "Company"
an oil & gas E&P company focused on the Southern Delaware portion of the Permian Basin, today announced that management will present that the following upcoming investor conference. Arabella Exploration Backs Into Additional Acreage
Marketwired - Fri Oct 24, 7:02AM CDT
Arabella Exploration, Inc. (OTCQB: AXPLF) ("Arabella" or the "Company"
, an oil and gas E&P company focused on the Southern Delaware portion of the Permian Basin, today announced that it has backed into ownership on additional acreage in Pecos and Reeves County in the Southern Delaware Basin. Arabella has owned a reversionary interest in certain acres controlled by Brigham Resources Operating, LLC ("Brigham". Once Arabella's portion of the expenses to date of drilling and leasehold costs were paid, the interests reverted into standard non-operated, working interests in these wells and properties. Arabella Exploration Announces Resignation of Directors
Marketwire - Tue Sep 09, 6:31AM CDT
Arabella Exploration, Inc. (OTCQB: AXPLF) ("Arabella" or the "Company"
, an oil and gas E&P company focused on the Southern Delaware portion of the Permian Basin, today announced that two of its directors, George P. Bush and Malachi Boyuls have resigned to pursue other opportunities in the private and public sector. Messrs. Bush and Boyuls are partners in St. Augustine Capital Partners, LLC, an investment firm in Fort Worth focused on oil and gas consulting. Mr. Bush is running for Land Commissioner in Texas in the November 4, 2014 election. 
