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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.”
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