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Stock Market & Financial Investment News

News Breaks
January 28, 2013
16:09 EDTAXASAbraxas Petroleum CEO 'pleased' with performance of the Mustang 1H
Bob Watson, President and CEO of Abraxas, commented, “We are quite pleased with the early performance of the Mustang 1H. This is our third well in the WyCross area, and materially outperformed our previous best well the Cobra 1H. In the Bakken, we elected to complete the Ravin 2H and 3H simultaneously in February opposed to individual completions a month apart, which should lead to reasonable cost savings. We look forward to updating the market post our upcoming 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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