Operator · Permian Basin
Abraxas Petroleum Corp.
80 articles mentioning Abraxas Petroleum Corp. · Page 3 of 4
Shale Experts Analyzed 17 US E&Ps; Financial Health: Here's What We Found
We Analyzed 17 US E&P companies, looking at their financials, Debt, Debt to Revenue, Planned Capital Spend, and Production. We found that most, of these companies might seek Chapter 11 protection. A spreadsheet with the company's...
Abraxas Executives Take Voluntary 20% Pay Cut
According to an SEC filing dated January 15, 2016, the top tier employees at Abraxas Petroleum have voluntarily taken pay cuts.
Abraxas Steadies Production After Postponed Bakken Fracs
Furthermore, the planned third party infrastructure expansion in the Bakken scheduled for the fourth quarter should eliminate the volatile production performance.
Abraxas Delaying Bakken Completions; Revises Capex
Also, Abraxas’ bank group recently reaffirmed the Company’s Borrowing Base at $165 million.
Abraxas Unveils Improved IP Rates Across the Bakken, Eagle Ford
The wells were located at a number of the company's projects including North Fork, Ravin Northwest, Jourdanton and Dilworth East.
Abraxas Baffled by Weak Stock Price; Reiterates Guidance
Aside from weakness in the general commodity markets, Abraxas is unaware of any fundamental reason for the Company’s recent stock price underperformance.
Abraxas Ups Ante in Bakken Project; Preps for Eagle Ford Frac
The company also reaffirmed its borrowing base and updated its 2015 guidance.
Abraxas Lowers Spending, Delaying Completions
May delay completions until service costs and commodity prices justify sufficient return on capital.
The Bakken/Three Forks in 2015: Budgets & Hedges
Part IV of our "Budgets & Hedges" feature series is focused on the Bakken/Three Forks play. Eight companies' 2015 budgets and hedge positions (if available) are detailed.
The Eagle Ford in 2015: Budgets & Hedges
As oil prices slip, spending is being cut by operators across many plays. However, a number of companies in the Eagle Ford Shale are devoting more capital to the play than in 2014.
Abraxas Tags 30-Day IPs at Bakken, Eagle Ford Projects
At Abraxas’ Jourdanton prospect in Atascosa County, Texas, the Cat Eye 1H averaged 491 boepd and at its North Fork prospect, the Stenehjem 3H produced...
Abraxas Planning 2015 Budget Boost; Eagle Ford Focus
Abraxas Petroleum Corporation reported a 2014 guidance update and announces 2015 guidance and capital budget.
Abraxas Sees 651 MBOE in 3Q Production; Talks Financials
Net income for the three months ended September 30, 2014 was $25.4 million, compared to net income of $3.2 million for the three months ended September 30, 2013.
Powder River Turn-Around: Companies Double Production in Wyoming
Powder River Basin in eastern Wyoming has experienced a boom in production.
Abraxas' Oil-Weighted Ops Balance Out Tough Quarter
Net income for the three months ended June 30, 2014 was $3.0 million, or $0.03 per share.
Abraxas Completes 49-Stage Frac in Eagle Ford; Hits Bakken Snag
Bob Watson, President and CEO, commented, "Our well performance continues to meaningfully surpass our expectations."
Abraxas' Bakken Jore Federal 1H Hits 1,037 BOE/d
Abraxas owns a working interest of approximately 76%, 51% and 73% in the Jore Federal, Ravin West and Stenehjem wells, respectively.
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.
Abraxas Prices Offering to Fund Bakken, Eagle Ford Ops
The offering is expected to settle and close on or about June 24, 2014.
Abraxas Ramps Up Eagle Ford Activity
Stephens Inc., Canaccord Genuity Inc. and Robert W. Baird & Co. Inc. are acting as joint book-runners in the offering.