Operator
Abraxas Petroleum Corp.
Acquired in January 2022 by Lime Rock Resources. The snapshot below reflects historical activity.
About
Exploration & Production
- WebsiteVisit →
- TickerNYSE
- AddressSan Antonio Texas
- Phone210 490 4788
- Acquired byLime Rock Resources
- People on file12 contacts
Acquisition chain
Forward & backward M&A lineage
- Abraxas Petroleum Corp. (this company)
- Lime Rock Resources
- LRR Energy LP
- Vanguard Natural Resources, Llc
- Occidental Petroleum Corp
Drilling activity
Recent rig presence by basin
Recent activity
Abraxas Petroleum Regains Nasdaq Compliance
Abraxas Petroleum Corp. has received a confirmation letter that it has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum average closing price of $1.00 per...
Abraxas Begins Another Strategic Alternative Review
Abraxas Petroleum Corp.'s Board of Directors has determined to renew the strategic alternatives review announced last October and led by Petrie Partners, LLC. Abraxas CEO Bob Watson said:...
Abraxas Out of Compliance with Nasdaq Due to Late 10-Q
Abraxas Petroleum Corp. has received notice from NASDAQ that it is out of compliance with listing rules due to a delayed Form 10-Q filing for the period ended...
Abraxas Out of NASDAQ Compliance Due to Delayed 10-K Filing
Abraxas Petroleum Corp. has received notice from the NASDAQ market that it is not presently in compliance with the NASDAQ continued listing rules since the Company has not...
Abraxas Cuts G&A Costs 40%; Lower Salaries, Layoffs, Smaller Board
Abraxas Petroleum Corp. has made moves to reduce its G&A expenses by approximately 40%. [removed]// This was accomplished by a combination of salary reductions, reduction in board size,...
Deals
Abraxas Petroleum Corp. has sold its Williston Basin assets to Lime Rock Resources for $87.2 million in cash. The company will now be…
Abraxas Petroleum Corp. has agreed to sell two non-core assets in dual deals totaling approximately $7.9 million. The buyers were not…
After tapping Petrie Partners to aid in finding a buyer, Abraxas Petroleum has reported that it has sold its non-op Bakken assets for $15.5…
In its Q2 2018 report, Abraxas Petroleum reported that it has entered into a definitive agreement to sell non-core assets located on the…
Abraxas announced that it recently agreed to acquire over 900 net acres in the Delaware Basin from an undisclosed seller for $14.2 million…