Abraxas Petroleum Corp.
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Abraxas Petroleum Corp. is a San Antonio-based crude oil and natural gas exploration and production company with operations across the Permian Basin, Rocky Mountain and South Texas regions of the U.S.
Symbol(s)
Headquarters Address
18803 Meisner Drive
San Antonio, TX 78258
United States
Website
www.abraxaspetroleum.comMain Phone Number
News
Below is a roundup of notable moves and promotions in the energy industry within the past week including the departure of Chesapeake…
Abraxas Petroleum effected a 1-for-20 reverse stock split of its issued and outstanding shares of common stock on Oct. 19, which…
In this case study, hear from executives at Abraxas Petroleum and WellData Labs on how real-time tracking of subsurface fluids is…
Abraxas Petroleum also entered into an agreement with its lender Angelo Gordon that included the appointment of the firm’s head of…
Survival mode has returned to the oil and gas sector, Wood Mackenzie says.
New Financings
Completed restructuring transactions including the cash sale of its Williston Basin assets to Lime Rock…
Abraxas Petroleum Corp. has entered into a $100 million senior secured second lien term loan facility…
Abraxas Petroleum Corp. announced that the borrowing base on the company’s $300 million senior…
Abraxas Petroleum Corp.'s borrowing base under the company’s revolving credit facility was increased…
Priced an upsized public offering of 25 million common shares at $2.40 each. Underwriters granted 30-day…
Activity Highlights
TX
United States
IHS Markit reported that Abraxas Petroleum Corp. completed two horizontal Delaware Basin wells from a drillpad on a 640-acre lease in Section 82, Block F, G&MMB&A Survey, A-42 in Ward County (RRC Dist. 8), Texas. The Third Bone…
Abraxas Petroleum Corp. reported the completion of an Eagleville Field-Eagle Ford Shale well in Atascosa County (RRC Dist. 1), Texas. The #1H Shut Eye Unit pumped 741 bbl of 30.7-degree-gravity crude, 222 Mcf of gas and 1.139 Mbbl of water per…
TX
United States
Two offsetting horizontal Wolfcamp producers by San Antonio-based Abraxas Petroleum Corp. were completed in Ward County (RRC Dist. 8), Texas. According to the company, #201H Caprito 98 had a daily average of 873 bbl of oil and 978 Mcf of gas per…
TX
United States
An Abraxas Petroleum Corp. Phantom Field-Wolfcamp discovery was reported in Ward County (RRC Dist. 8), Texas. According to IHS Markit, #101H Caprito 99 was completed in Wolfcamp A2 through a 4,963-ft lateral with a 25-stage fracturing. It…
ND
United States
Abraxas Petroleum Corp. has completed six horizontal Bakken/Three Forks producers on its North Fork prospect from a drillpad in Section 22-150n-97w of McKenzie County, N.D. According to IHS Markit, the #10H-15H Stenehjem wells were drilled…
Transactions
Lime Rock Resources Acquires Abraxas Williston Basin Asset for $87.2 Million
Lime Rock Resources Acquires Abraxas Williston Basin Asset for $87.2 Million
Abraxas Petroleum Exits South Texas With Sale Of Noncore Assets
Abraxas Petroleum Exits South Texas With Sale Of Noncore Assets
Abraxas Petroleum Sells Nonop Bakken Assets For $15.5 Million
Abraxas Petroleum Sells Nonop Bakken Assets For $15.5 Million
Abraxas Announces Potential Permian Eastern Shelf Divestiture
Abraxas Announces Potential Permian Eastern Shelf Divestiture
Abraxas Acquires Permian Acreage In Winkler County
Abraxas Acquires Permian Acreage In Winkler County