Hall Phoenix Energy currently owns 27,000 net acres in the heart of the Fayetteville Shale play in northern Arkansas. As of year-end 2010, it has working interests in over 150 producing gas and oil wells. The company also maintains an inventory of over 400 net proven, undrilled locations. Recently the company has positioned itself in a 4000 acre joint venture with Marathon Oil Company to develop Eagleford shale leases in Wilson County, Texas. The Company is activity acquiring leases and drilling wells in other unconventional oil plays including the Bakken in North Dakota, the Woodbine in eastern Texas. Corporate headquarters is located in Frisco, Texas, and the company also maintains a field office in Beebe, Arkansas.