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Archive for the ‘AXAS’ Category

Abraxas Petroleum Corp. has raised $5.4 million through three separate divestitures to undisclosed buyers. The funds were used to repay outstanding indebtedness under the terms of the company’s credit facility. (AXAS)

Abraxas Petroleum Corp. has filed a universal shelf registration with the U.S. Securities and Exchange Commission seeking to sell up to $150 million worth of securities. (AXAS)

Abraxas Petroleum Corp. is reporting a successful well completion in Converse County, Wyoming, that has produced 3,500 barrels of oil and natural gas during its first 30 days of operation. (AXAS)

Abraxas Petroleum Corp. has set its 2010 capital expenditure budget of $30 million, an increase of $10 million over its current annual budget. (AXAS)