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Stock Market & Financial Investment News

News Breaks
January 28, 2013
16:06 EDTAXASAbraxas Petroleum provides update on Eagle Ford Shale
In McMullen County, the Mustang 1H produced an average 1,152 boepd (1,025 barrels of oil per day; 500 mcf of gas per day; 44 barrels of NGL per day) on a restricted choke over its first 30 days of production. The well continues to flow to sales at a rate of 999 boepd (847 barrels of oil per day; 914 mcf of gas per day) plus NGLs on a 22/64 choke.
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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