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Stock Market & Financial Investment News

News Breaks
January 7, 2013
17:22 EDTAXASAbraxas Petroleum sees production boost coming from Bakken and Eagle Ford
Bob Watson, President and CEO of Abraxas, commented, “Although we are disappointed with the completion delays in the Bakken, operations continue to perform exceptionally well at Abraxas with well results and efficiency gains in our Bakken and Eagle Ford drilling programs consistently above expectations. We now enter 2013 anticipating a strong and immediate production boost from our forthcoming Bakken and Eagle Ford completions.”
News For AXAS From The Last 14 Days
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April 20, 2015
08:53 EDTAXASAbraxas Petroleum targets long-term leverage of 1.0x FTM EBITDA
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08:53 EDTAXASAbraxas Petroleum sees Q1 production 6,600-6,800 Boepd
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08:53 EDTAXASAbraxas Petroleum sees FY15 7,200-7,300 Boepd
Sees FY15 operating costs LOE $10.00-$12.00/BOE. Sees FY15 CapEx $53.8M. The company expects production guidance sees potential upside from non-operated participating and higher working interest in operated wells. It also sees potential downside from any additional flaring and associated NDIC curtailments, completion delays and offsetting well shut-ins, higher than anticipated work-over activity.
07:22 EDTAXASIndependent Petroleum Association of America to hold a conference
IPAA-OGIS New York is being held in New York on April 20-22.

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