David H. Arrington Oil & Gas Inc.

Transaction Type
Basin
Fort Worth Basin
Post Date
Close Date
Estimated Price
0MM
Description

David H. Arrington Oil & Gas Inc. has retained Jefferies & Co. Inc. to sell its primary term acreage in the Barnett shale of the Texas Fort Worth Basin. The package involves more than 11,500 net acres (14,600 gross) in Parker, Hood, Dallas, Hill, Johnson and Tarrant counties, with the majority in Parker and Hood counties with rights to all depths. About 9,575 net acres are to expire in 2010. The bid due date is Nov. 19. Closing is expected by year end. Contact William Marko, 281-774-2068, wmarko@jefferies.com.