Abraxas Petroleum (AXAS) Misses Q3 EPS Views; Updates on Operations, Capital Budget
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Abraxas Announces Third Quarter 2015 Results
November 4, 2015 7:15 AM ESTSAN ANTONIO--(BUSINESS WIRE)-- Abraxas Petroleum Corporation (NASDAQ: AXAS) today reported financial and operating results for the three and nine months ended September 30, 2015.
On October 31, 2014 we closed on the sale of our interest in Canadian Abraxas Petroleum, ULC (Canadian Abraxas), a wholly-owned Canadian subsidiary of Abraxas Petroleum Corporation. As a result of the disposal of Canadian Abraxas, the results of operations of Canadian Abraxas are reflected in our Financial Statements and in this document as Discontinued Operations and our remaining operations are referred to in our Financial Statements and in this document as Continuing... More
Abraxas Provides Operations Update; Announces 2016 Guidance and Capital Budget
November 4, 2015 7:00 AM ESTSAN ANTONIO--(BUSINESS WIRE)-- Abraxas Petroleum Corporation (Abraxas or the Company) (NASDAQ: AXAS) today provided the following operational update; announces 2016 guidance and capital budget.
Williston Basin
On the Ravin Northwest pad at Abraxas North Fork prospect, in McKenzie County, North Dakota, the Ravin 8H, StenRav 1H and Stenehjem 5H were successfully fracture stimulated and are currently being drilled-out. Abraxas also successfully drilled and cased the Stenehjem 14H-15H and is currently drilling the lateral section of the Stenehjem 13H. This will be followed by the lateral sections... More
