Abraxas Petroleum Corporation

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.

Address: P. O. Box 701007
San Antonio, TX 78270-1007
Contact: 210-490-4788

Recent Articles

Natural Resources Purchases Assets in Bakken/Three Forks Play
Monday, June 17, 2013 Natural Resources Partners purchase assets in the Williston Basin, located in North Dakota and Montana.
Abraxas Looks Ahead to 2013 Production Ops
Friday, March 15, 2013 Abraxas Petroleum provides an operational and A&D update at its Eagle Ford, Williston and Permian basin operations.
Abraxas 'A Little Late' to Exceed 2011 Production Rates
Monday, April 02, 2012 We are quite pleased with the early production rates. With these new wells now or soon to be on-line, our 2011 exit rate production guidance will be exceeded ? just a little late," commented Bob Watson.
Abraxas Buys Drilling Rig
Wednesday, July 06, 2011 Abraxas has purchased a drilling rig and hired an experienced rig operator.
Abraxas Ramps Production at Bakken/Three Forks Play
Wednesday, June 29, 2011 "With the expected performance of the Portilla and Twining wells and the recent new production in the Bakken/Three Forks play, we have more than offset production disruptions from wells shut-in in the Williston Basin," commented Bob Watson.
Abraxas Sees 7% Increase in 2010 Proved Reserves
Wednesday, March 16, 2011 Abraxas' total proved reserves, including its 50% share of Blue Eagle proved reserves, at December 31, 2010 were 26.6 MMBoe, a 7% increase over proved reserves at December 31, 2009.
Abraxas Boosts Production in West Tx., Alberta
Thursday, February 24, 2011 "The results of the Spires and the Twining wells surpassed our expectations and represent a good start to our conventional oil development program that will be the focus of most of our activity during the first half of 2011," said Bob Watson.
Abraxas Notes Production Rates at 1st Eagle Ford Well
Tuesday, February 22, 2011 Abraxas announced production rates for its first Eagle Ford well in South Texas.
Abraxas Finishes Drilling 1st Eagle Ford Well
Wednesday, February 02, 2011 Abraxas announced completion of its first Eagle Ford well in South Texas.
Abraxas Trumps Winter Weather Conditions at Three Forks Well
Wednesday, January 05, 2011 "We are pleased to be in a position to announce the well results from our first operated Three Forks well in the Williston Basin, which is one of the better Three Forks completions in the North Fork area to-date," said Bob Watson.
Abraxas Updates US, Canadian Ops
Tuesday, September 28, 2010 "These past two months have been busy operationally and we look forward to announcing well results in the near future, or in the case of the Williston Basin, as soon as service equipment becomes available," commented Bob Watson.
Abraxas-Blue Stone JV Takes Bigger Bite of Eagle Ford Shale
Thursday, August 19, 2010 Abraxas signed a joint venture agreement with Blue Stone O&G to develop the Eagle Ford Shale play in South Texas.
Abraxas Begins 2nd Half of 2010 Drilling Program
Monday, July 26, 2010 Abraxas has started its drilling program for the 2nd half of 2010 which will consist of at least seven operated wells, three in the Williston Basin, two in West Texas and two in Canada.
Abraxas Exits 2009 Larger and Stronger
Thursday, March 18, 2010 Abraxas Petroleum reported financial and operating results for the three and twelve months ended December 31, 2009 and reserves as of December 31, 2009.
Abraxas Announces Bakken Footprint
Tuesday, July 21, 2009 Abraxas Petroleum announced that upon the closing of the pending merger with Abraxas Energy Partners, L.P., Abraxas will own approximately 30,000 net acres located within the currently outlined limits of the Bakken and Three Forks resource plays.
Abraxas Energy to Merge into Abraxas Petroleum Corp.
Friday, June 19, 2009 Abraxas Petroleum Corporation and Abraxas Energy Partners have entered into a letter of intent pursuant to which Abraxas Energy will merge into Abraxas Petroleum.
Abraxas Provides South Texas Operational Update
Wednesday, June 17, 2009 "We have identified three additional locations on our existing leasehold adjacent to the Nordheim well," commented Bob Watson, Abraxas' President and CEO.
Abraxas Gets Go Ahead for NASDAQ Stock Listing
Monday, July 14, 2008 Abraxas has received approval to list its common stock on the NASDAQ Global Market under the symbol "AXAS."
Abraxas' South Texas Well Producing 2.9 MMcf Daily
Wednesday, April 02, 2008 Abraxas Petroleum Corporation provided operational results on the Gisler #1, an exploratory well targeting the Wilcox formation, located in Karnes County of South Texas.
Abraxas Reports 8% Year-End 2007 Reserve Increase
Monday, March 03, 2008 Natural gas reserves account for 82% of the total proved reserves and 44% were classified as proved developed. Abraxas operates over 95% of its proved reserve base.