|By Marketwired .||
|February 6, 2014 07:15 AM EST||
MIDLAND, TX--(Marketwired - February 06, 2014) - Arabella Exploration, Inc. (OTCQB: LOKKF) (OTCQB: LOKWF) ("Arabella" or the "Company") today announced that it has engaged MZ Group as its investor relations advisor. MZ Group will assist Arabella with crafting and executing a comprehensive investor relations and outreach program in North America.
"We have accomplished a number of important goals in the past six months," stated Jason Hoisager, Chief Executive Officer of Arabella. "With the successful completion of the transaction with Lone Oak at the end of 2013, we can now focus on our core drilling activities. Arabella has a straightforward and compelling growth strategy to enhance shareholder value."
"We are excited to have Arabella onboard," commented Ted Haberfield, President of MZ North America. "We were impressed with Arabella's assets in the Southern Delaware Basin, one of the largest oil and gas plays in the U.S., and the strong leadership team they have assembled. The completion of the merger simplifies their cap structure and provides additional capital to fund their growth."
Additionally, Arabella today announced that management will present at the following investor conference in February 2014.
IPAA OGIS Florida
Date: February 12, 2014 at 9:40 AM ET
Location: The Ritz Carlton
Ft. Lauderdale, FL
Conference participation is by invitation only and registration is mandatory. For more information on the conference or to schedule a one-on-one meeting, please contact the conference coordinator.
About OGIS® Florida
The IPAA Oil & Gas Investment Symposium Florida (OGIS Florida) has become a premier outlet for publicly traded independent exploration and production, service and supply and MLP companies to present their company profiles to the investment community.
About Arabella Exploration
Arabella is an independent oil and natural gas company focused 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 has an experienced management team with experience 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.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Statements preceded or followed by or that otherwise include the words "believes," "expects," "anticipates," "intends," "projects," "estimates," "plans," and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical facts. Forward-looking statements in this release also include statements about business and economic trends. Investors should also consider the areas of risk described under the heading "Forward Looking Statements" and those factors captioned as "Risk Factors" in the Company's periodic reports under the Securities Exchange Act of 1934, as amended, or in connection with any forward-looking statements that may be made by the Company.
The Company also disclaims any duty to comment upon or correct information that may be contained in reports published by the investment community.