Abraxas focused on Bakken and Eagle FordSan Antonio-based operator shedding high-cost, gassy barrels and turning attention and capex to high rate-of-return core assets Steve Sutherlin For Petroleum News Bakken
In September 2012, Abraxas Petroleum Corp. announced an initiative to sell off non-core assets, fix its balance sheet and focus on its core assets, said Bob Watson, Abraxas President and CEO.
“Here we are about 18 months later and we’re very pleased it has all worked out,” Watson said Feb. 12 at the....
[additional news subjects in this story]
Liquidity The Williston Rate of return
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 06/29/2014)
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.
|