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Operator · Permian Basin

Abraxas Petroleum Corp.

7 buyer-side · 22 seller-side · 7 chain hops

M&A chain

Lineage of Abraxas Petroleum Corp. walked through the transactions ledger. Earliest predecessor at the top; most recent owner at the bottom. Each counterparty exposes deep links so you can pivot into their drilling activity, news, assets and people without leaving the chain.

  1. This company

    Abraxas Petroleum Corp.

  2. Acquirer

    Lime Rock Resources

    Abraxas Petroleum Corp. has sold its Williston Basin assets to Lime Rock Resources for $87.2 million in cash. The company will now be solely focused on its Delaware Basin assets. Deal Details: Net Acreage: 3,500 net…

  3. Acquirer

    LRR Energy LP

    LRR Energy L.P. has closed its previously announced acquisition of oil and natural gas properties in the Mid-Continent region in Oklahoma and crude oil hedges from its sponsor, Lime Rock Resources, for a purchase price…

  4. Acquirer

    Vanguard Natural Resources, Llc

    Closing Announcement - October 5, 2015 Vanguard Natural Resources, LLC announced the closing of the previously announced plan of merger pursuant to which a subsidiary of Vanguard merged into LRR Energy, L.P. and, at the…

  5. Acquirer

    Occidental Petroleum Corp

    According to recent filings, Occidental has been the stalking horse bidder to the tune of $78 million for the Vanguard Natural Resources 3,000 net acres in Glasscock County. We would not be surprised if Parsley joins…

  6. Acquirer

    Permian Resources Corp.

    Permian Resources said it will acquire Delaware Basin property from Occidental for a purchase price of $817.5 million. The property has ~29,500 net acres, ~9,900 net royalty acres and produces ~15,000 Boe/d…

  7. Acquirer

    Henry Resources Llc

    Centennial Resource Development has entered into a definitive agreement with to affiliates of Henry Resources LLC and Pickering Energy Partners LP for the sale of assets in the Delaware Basin for a cash purchase price…

Acquisitions (Buyer)

Abraxas Quietly Acquires Delaware Basin Acreage for $14.2MM Jan 31, 2018 · $14.2M

Abraxas announced that it recently agreed to acquire over 900 net acres in the Delaware Basin from an undisclosed seller for $14.2 million. This deal closed on March 14, 2018…

Abraxas Acquries Delaware Basin Acres in Cash/Stock/Trade Deal Jul 14, 2017 · $7.58M

Abraxas has signed a deal to acquire 853 net (973 gross) Delaware Basin acres (Bone Spring / Wolfcamp) for $4.3 million in cash and 2.0 million shares of common stock…

Abraxas Bolts-On Ward Property for $22 Million May 23, 2017 · $22.2M

Abraxas Petroleum has signed a difinitive agreement to bolt-on 2,008 net acres and 33 boe/d in Ward County. The acreage is prospective for Wolfcamp and Bone Spring formations. The…

Abraxas Dissolves Eagleford JV and Acquires Additional Acreage Aug 8, 2009

SAN ANTONIO--(BUSINESS WIRE)--Aug. 8, 2012-- Abraxas Petroleum Corporation (NASDAQ:AXAS) today announced that it has entered into a letter of intent to dissolve its Eagleford…

Abraxas Petroleum and Abraxas Energy Announce Merger Jun 18, 2009

Abraxas Petroleum Corporation and Abraxas Energy Partners, L.P. are pleased to announce that they have entered into a letter of intent with the holders of 96% of the common units…

Abraxas Announces Closing of SM Energy Acquisition Nov 12, 2007 · $131M

Abraxas Petroleum Corporation today announced that it, and a wholly-owned subsidiary of Abraxas Energy Partners, L.P. , have closed the previously announced acquisition of oil and…

Abraxas Petroleum Corporation Announces Purchase of Rocky Mountain Independent Nov 12, 1997

Abraxas Petroleum Corporation announced today that it had executed an agreement to purchase Vessels Energy, Inc., a privately held Denver-based company, for Abraxas common stock…

Divestitures (Seller)

Abraxas Sells Williston Portfolio to Lime Rock for $87.2MM in Cash Jan 3, 2022 · $87.2M

Abraxas Petroleum Corp. has sold its Williston Basin assets to Lime Rock Resources for $87.2 million in cash. The company will now be solely focused on its Delaware Basin assets…

Abraxas Sells Two Texas Assets in Dual Deals Totaling $7.9MM Oct 3, 2019 · $7.9M

Abraxas Petroleum Corp. has agreed to sell two non-core assets in dual deals totaling approximately $7.9 million. The buyers were not disclosed. The sale is comprised of the…

Abraxas Sells Non-Op Bakken Property for $15.5MM Jun 5, 2019 · $15.5M

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 million (plus the assumption of an…

Abraxas Quietly Sells Non-Core Permian Property; 113 BOEPD Aug 22, 2018 · $3M

In its Q2 2018 report, Abraxas Petroleum reported that it has entered into a definitive agreement to sell non-core assets located on the Eastern Shelf of the Permian Basin for $3…

Abraxas Quietly Acquires Delaware Basin Acreage for $14.2MM Jan 31, 2018 · $14.2M

Abraxas announced that it recently agreed to acquire over 900 net acres in the Delaware Basin from an undisclosed seller for $14.2 million. This deal closed on March 14, 2018…

Abraxas Sells Off Part of Powder River Basin Asset; 100 BOEPD Jul 14, 2017 · $4.6M

Abraxas has sold a portion of its Powder River Basin assets for $4.6 million. Production associated with the assets is 100 BOEPD (21 barrels of oil per day, 337 mcf of natural gas…

Abraxas Acquries Delaware Basin Acres in Cash/Stock/Trade Deal Jul 14, 2017 · $7.58M

Abraxas has signed a deal to acquire 853 net (973 gross) Delaware Basin acres (Bone Spring / Wolfcamp) for $4.3 million in cash and 2.0 million shares of common stock…

Abraxas Bolts-On Ward Property for $22 Million May 23, 2017 · $22.2M

Abraxas Petroleum has signed a difinitive agreement to bolt-on 2,008 net acres and 33 boe/d in Ward County. The acreage is prospective for Wolfcamp and Bone Spring formations. The…

Abraxas Sells Powder River Brooks Draw Asset for $11.3 Million Nov 8, 2016 · $11.3M

Abraxas Petroleum recently signed a definitive agreement to divest the Company’s Brooks Draw assets in the Powder River Basin assets for approximately $11.3 million. The assets…

Abraxas Sells Gulf Coast Portilla Asset for $13 Million Sep 20, 2016 · $13M

Abraxas signed a definitive agreement and closed on the sale the Company’s Portilla field and associated surface acreage for net proceeds of approximately $13 million. The assets…

Abraxas Sells NonOp Producing Powder River Basin Property Mar 1, 2016 · $1.7M

Abraxas Petroleum recently closed on the sale of a Powder River Basin property consisting of 1,913 net acres in and 14 boepd of production for $1.7 million. These non-operated…

Abraxas Sheds Non-Core Producing Permian Property Apr 4, 2014 · $2.5M

Abraxas Petroleum Corp. recently reached an agreement to sell a non-core Permian Basin property for net proceeds of $2.5 million. The asset sold produced 39 boepd (22 barrels of…

Abraxas Monetizes Non-Core Texas, Rockies Assets Dec 23, 2013 · $3.6M

Abraxas Petroleum Corp. recently monetized several non-core assets in North Dakota, Wyoming and Texas at the December Oil and Gas Clearinghouse Auction for gross proceeds of…

Abraxas Sheds Eagle Ford Wycross Assets Dec 9, 2013 · $71.4M

Closing Announcement - December 23, 2013 Abraxas recently closed the previously announced divestiture of the company’s WyCross assets for net proceeds of $71.4 million after…

Natural Resource Partners Seals Deal for Bakken Property Jun 17, 2013 · $38.3M

Closing Announcement - August 12, 2013 Natural Resource Partners L.P. has completed the previously announced acquisition of non-operated working interests in the Bakken/Three…

Abraxas Sells Eagle Ford Shale Assets Nov 20, 2012 · $19.1M

Nordheim Definitive Agreement Abraxas today signed an agreement to sell the Company's 25% working interest at the Nordheim Project in the Eagle Ford shale to a large institutional…

Abraxas and Blue Stone Announce Eagle Ford JV Aug 18, 2010 · $25M

Abraxas Petroleum Corporation announced that the Company signed a joint venture agreement with Blue Stone Oil & Gas, LLC (“Blue Stone”) to develop the Eagle Ford Shale play in…

Abraxas Announces Divestitures of $5.4 Million. Feb 1, 2010 · $5.4M

Abraxas Petroleum Corporation announced that it has closed three separate divestitures for total net proceeds of approximately $5.4 million to certain undisclosed buyers. All of…

Abraxas Dissolves Eagleford JV and Acquires Additional Acreage Aug 8, 2009

SAN ANTONIO--(BUSINESS WIRE)--Aug. 8, 2012-- Abraxas Petroleum Corporation (NASDAQ:AXAS) today announced that it has entered into a letter of intent to dissolve its Eagleford…

Abraxas Petroleum and Abraxas Energy Announce Merger Jun 18, 2009

Abraxas Petroleum Corporation and Abraxas Energy Partners, L.P. are pleased to announce that they have entered into a letter of intent with the holders of 96% of the common units…

Abraxas Announces Closing of SM Energy Acquisition Nov 12, 2007 · $131M

Abraxas Petroleum Corporation today announced that it, and a wholly-owned subsidiary of Abraxas Energy Partners, L.P. , have closed the previously announced acquisition of oil and…

Abraxas Petroleum Corporation Announces Purchase of Rocky Mountain Independent Nov 12, 1997

Abraxas Petroleum Corporation announced today that it had executed an agreement to purchase Vessels Energy, Inc., a privately held Denver-based company, for Abraxas common stock…