Arabella Exploration, Inc. (OTCPK:AXPL.F) sold an undeveloped net 313 acres in Pecos County for $0.71 million on April 23, 2014. The purchase price consisted of $0.63 million in current cash payments and $0.08 million in contingent payments. The sale resulted in net profit of $0.23 million for Arabella Exploration, Inc.

Arabella Exploration, Inc. (OTCPK:AXPL.F) completed the sale of an undeveloped net 313 acres in Pecos County on April 23, 2014.