Arabella Exploration, Inc. (OTCPK:AXPL.F) sold Johnson 44 Lease for $2.1 million on March 28, 2014. The lease was sold for $6000 per acre. The sale resulted in a profit of $1.24 million for Arabella Exploration.

Arabella Exploration, Inc. (OTCPK:AXPL.F) completed the sale of Johnson 44 Lease on March 28, 2014.