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Abraxas' Borrowing Base Increased by 30% to $175MM

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   |    Monday,April 02,2018

Abraxas has reported that its borrowing base has increased 30% to $175 million (up $40 million).

At the end of Q1 2018, Abraxas was $104 million drawn on the credit facility with an estimated $5.5 million in cash, providing estimated pro forma liquidity of $76.5 million.

 

 

 

 


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