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One-Page Deal Sheet

Lone Oak and Arabella Exploration set to Merge

Lone Oak Acquisition Corporation Not Disclosed
AnnouncedOct 24, 2013
TypeCorporate
LocationDelaware Basin
Announced Date
October 24,2013
Close Date
December 24,2013
Transaction Type
Corporate




Snapshot
Asset/Basin:
{"Delaware Basin",Permian}
TargetZones:
{Avalon,"Bone Spring
Net Acres
Location
Region
Permian

Country
United States

State
Texas

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Transaction Details:  Subscribe to see

Lone Oak Acquisition Corporation and Arabella Exploration, LLC announced that on October 23, 2013, Lone Oak entered into a Merger Agreement with Arabella whereby Arabella will merge with Lone Oak's wholly owned subsidiary Arabella Exploration Corp.

Arabella is a leader in unconventional oil and natural gas acquisition, exploration and development in the Delaware Basin of Texas. Arabella specializes in horizontal drilling and completions in the technically challenging, oil rich, over pressured region of the Delaware Basin, where multi-stage completions using hydraulic fracturing, or "fracing"…

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