Abraxas Petroleum Corporation is a publicly traded energy company with
more than 20 years of experience in the industry. The Company acquires
producing properties, explores for and produces crude oil and natural gas
in Texas, Wyoming, and Canada. Abraxas operates or owns an interest in
20 gas processing plants in Canada.
Canadian operations are conducted through Grey Wolf Exploration Inc.
Grey Wolf, which is 49 percent owned by Abraxas, manages the assets of Abraxas' wholly-owned subsidiary Canadian Abraxas Petroleum Limited. This arrangement provides cost efficiencies as well as access to a range of
technologies and people expertise. The shares of Grey Wolf Exploration
Inc. trade on The Toronto Stock Exchange under the symbol "GWX". More infomation can be found at www.greywolf.ca.