Arabella Exploration Inc. (AXLWF) Developing Assets in Delaware Basin of West Texas
Arabella Exploration concentrates on the acquisition, development, and exploration of unconventional, long life, onshore oil, and natural gas reserves in the Southern Delaware Basin in West Texas. The company’s management team is experienced with drilling multi-lateral wells and is primarily focused on the formations that the industry refers to as the Wolfbone play, which includes the Wolfcamp and Bone Spring shales. The Wolfbone play is characterized by high oil content and liquids rich natural gas, multiple vertical and horizontal target horizons, extensive production history, long-lived reserves, and high drilling success rates. Arabella’s production expertise is rooted in the work of…