Abraxas Petroleum Corporation Company News

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Abraxas Petroleum Falls Out of Compliance With NASDAQ
The company failed to file its Form 10-K for the period ended Dec. 31, 2019.
8:00 PM EST | April 07, 2020
Saltstone Pushes Abraxas for Strategic Alternatives
The company's latest earnings report marked the ninth consecutive quarter of failing to meet consensus estimates.
8:00 PM EST | August 08, 2019
Natural Resources Purchases Assets in Bakken/Three Forks Play
Natural Resources Partners purchase assets in the Williston Basin, located in North Dakota and Montana.
8:00 PM EST | June 16, 2013
Abraxas Looks Ahead to 2013 Production Ops
Abraxas Petroleum provides an operational and A&D update at its Eagle Ford, Williston and Permian basin operations.
8:00 PM EST | March 14, 2013
Abraxas 'A Little Late' to Exceed 2011 Production Rates
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.
8:00 PM EST | April 01, 2012
Abraxas Buys Drilling Rig
Abraxas has purchased a drilling rig and hired an experienced rig operator.
8:00 PM EST | July 05, 2011
Abraxas Ramps Production at Bakken/Three Forks Play
"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.
8:00 PM EST | June 28, 2011
Abraxas Sees 7% Increase in 2010 Proved Reserves
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.
8:00 PM EST | March 15, 2011
Abraxas Boosts Production in West Tx., Alberta
"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.
7:00 PM EST | February 23, 2011
Abraxas Notes Production Rates at 1st Eagle Ford Well
Abraxas announced production rates for its first Eagle Ford well in South Texas.
7:00 PM EST | February 21, 2011
Abraxas Finishes Drilling 1st Eagle Ford Well
Abraxas announced completion of its first Eagle Ford well in South Texas.
7:00 PM EST | February 01, 2011
Abraxas Trumps Winter Weather Conditions at Three Forks Well
"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.
7:00 PM EST | January 04, 2011
Abraxas Updates US, Canadian Ops
"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.
8:00 PM EST | September 27, 2010
Abraxas-Blue Stone JV Takes Bigger Bite of Eagle Ford Shale
Abraxas signed a joint venture agreement with Blue Stone O&G to develop the Eagle Ford Shale play in South Texas.
8:00 PM EST | August 18, 2010
Abraxas Begins 2nd Half of 2010 Drilling Program
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.
8:00 PM EST | July 25, 2010
Abraxas Exits 2009 Larger and Stronger
Abraxas Petroleum reported financial and operating results for the three and twelve months ended December 31, 2009 and reserves as of December 31, 2009.
8:00 PM EST | March 17, 2010
Abraxas Announces Bakken Footprint
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.
8:00 PM EST | July 20, 2009
Abraxas Energy to Merge into Abraxas Petroleum Corp.
Abraxas Petroleum Corporation and Abraxas Energy Partners have entered into a letter of intent pursuant to which Abraxas Energy will merge into Abraxas Petroleum.
8:00 PM EST | June 18, 2009
Abraxas Provides South Texas Operational Update
"We have identified three additional locations on our existing leasehold adjacent to the Nordheim well," commented Bob Watson, Abraxas' President and CEO.
8:00 PM EST | June 16, 2009
Abraxas Gets Go Ahead for NASDAQ Stock Listing
Abraxas has received approval to list its common stock on the NASDAQ Global Market under the symbol "AXAS."
8:00 PM EST | July 13, 2008
Abraxas' South Texas Well Producing 2.9 MMcf Daily
Abraxas Petroleum Corporation provided operational results on the Gisler #1, an exploratory well targeting the Wilcox formation, located in Karnes County of South Texas.
8:00 PM EST | April 01, 2008
Abraxas Reports 8% Year-End 2007 Reserve Increase
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.
7:00 PM EST | March 02, 2008
Abraxas in $140 Million Land Acquisition Deal
Abraxas Petroleum has signed a definitive agreement to acquire oil and gas properties for $140 million from St. Mary Land & Exploration Company.
7:00 PM EST | December 10, 2007
Abraxas Files IPO
Abraxas filed a registation statement with U.S. Securities and Exchange Commission for a proposed IPO of its common units.
8:00 PM EST | July 12, 2007
Tortoise Capital Resources Invests $7.5M in New Abraxas Unit
Tortoise Capital Resources Corp. has invested $7.5 million in a newly formed partnership, Abraxas Energy Partners, L.P. The investment represents a limited partner interest in the newly formed entity.
8:00 PM EST | May 28, 2007
Abraxas Petroleum Sells Non-Core Assets in South Texas
Abraxas Petroleum has closed on the sale of certain non-core assets located in South Texas for a total consideration of $12 million.
8:00 PM EST | September 28, 2006
Abraxas Replaces 280% of 2005 Production
Abraxas Petroleum says that its total proved oil and natural gas reserves of 104.7 Bcfe as of December 31, 2005, a 12% increase over December 31, 2004.
7:00 PM EST | February 26, 2006
Abraxas Brings Wells in Texas and Wyoming On Stream
Abraxas says that in the Oates SW Field of West Texas, the initial Wolfcamp re-entry well was completed and placed on-line.
7:00 PM EST | December 20, 2005
Abraxas Sets 2006 Capital Expenditure Budget
Abraxas Petroleum reports a 2006 capital expenditure budget of $40 million and issued guidance for the year.
7:00 PM EST | November 30, 2005
Abraxas Says Yoakum Field Shut-in Due to Pipeline Constraints
Abraxas Petroleum says that due to third party pipeline constraints, the Yoakum Field in South Texas has been shut-in since November 4, 2005.
7:00 PM EST | November 14, 2005
Abraxas Sees 47% Increase in 3Q05 Revenues
Abraxas Petroleum has reported financial and operating results for the quarter and nine months ended September 30, 2005 and provided an operational update.
7:00 PM EST | November 06, 2005
Abraxas Increases Capital Spending Budget for 2005
Abraxas Petroleum's Board of Directors approved an expanded capital expenditure budget of $32 million for 2005.
8:00 PM EST | September 13, 2005
Abraxas Strikes in West Texas and Provides Wyoming Update
Abraxas Petroleum Corporation today announced the results from a Devonianhorizontal well drilled in the Oates SW Field area of West Texas and provided an update of Wyoming operations.
8:00 PM EST | August 21, 2005
Paul A. Powell, Jr. Appointed to Abraxas Board of Directors
Abraxas Petroleum Corporation today announced the appointment of Paul A. "Buzzy" Powell, Jr. to its Board of Directors.
8:00 PM EST | August 21, 2005
Abraxas Announces Pricing of the Grey Wolf Exploration IPO
Abraxas Petroleum announced that Grey Wolf Exploration Inc., its wholly-owned Canadian subsidiary, has priced its previously announced initial public offering of 26.9 million common shares at CDN $2.80 per share.
7:00 PM EST | February 16, 2005
Abraxas Replaces 218% of 2003 Production
Abraxas Petroleum reports that total proved reserves at Dec. 31, 2003 for crude oil and natural gas reserves were 121.1 Bcfe, of which 56.7 Bcfe were proved developed compared to 112.5 Bcfe at year-end 2002.
7:00 PM EST | March 01, 2004