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Abraxas Cases Eagle Ford Lateral; Flows Dutch 1H to Sales

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Abraxas Cases Eagle Ford Lateral; Flows Dutch 1H to Sales

Abraxas Petroleum Corporation has recently drilled and cased the lateral of the Ribeye 1H at 14,983 feet in the Eagle Ford.

The Company is currently drilling the lateral of the Ribeye 2H at 13,850 feet. These two long lateral wells represent the most westerly unit in the prospect and the first to be drilled off a common pad. The two wells are scheduled to be fracture stimulated in late July. Abraxas owns a 100% working interest across the Jourdanton prospect.

At Abraxas’ Cave prospect, in McMullen County, Texas, the Company recently completed the Dutch 1H and the well is flowing to sales at encouraging rates. Following the completion of the Dutch 1H, the previously shut in Dutch 2H was also put back on production. After completing the drilling of the Ribeye 2H, Abraxas will mobilize the…

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