Abraxas looks to control spending, opsSelling most of its non-operated Bakken/Three Forks acreage to get firmer grip on Williston Basin capital expenditures, operations Ray Tyson Petroleum News Bakken
Abraxas Petroleum Corp. said it has decided to sell most of its non-operated Bakken and Three Forks assets, because it wants a tighter grip on its business in the Williston Basin.
“We like to be in better control of our capital expenditures plus overall operations,” explained Robert L.G. Watson, Abr....
[additional news subjects in this story]
Some acreage already sold Delays in production High-volume wells
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $69 per year.
Subscribers log in here to read the entire newspaper (1998 to 01/05/2015)
Print this story |
Email it to an associate.
Petroleum News Bakken - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- http://www.petroleumnewsbakken.com ---
S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News Bakken)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.
| 