Abraxas sets record earnings in 2014Output rises, costs fall and completions deferred to leverage further falling costs as a hunt goes on for core area acquisitions Steve Sutherlin For Petroleum News Bakken
Abraxas Petroleum Corp. increased its average daily crude oil production from ongoing operations to 4,560 barrels per day in the fourth quarter of 2014, up from 2,331 bpd in fourth quarter 2013, Bob Watson, Abraxas president and CEO, said in a March 5 conference call.
For the full year of 2014, the....
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