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US Oil Producer Abraxas Petroleum Regains Compliance with NASDAQ
2020-11-09 21:25:00| OGI
Abraxas Petroleum effected a 1-for-20 reverse stock split of its issued and outstanding shares of common stock on Oct. 19, which boosted the oil producers share price above $1 for the first time since July 2019.
Tags: oil
compliance
producer
nasdaq
Abraxas Petroleum to Pursue Strategic Alternatives Following Refinancing Transactions
2020-08-17 21:35:00| OGI
Abraxas Petroleum also entered into an agreement with its lender Angelo Gordon that included the appointment of the firms head of energy, Todd Dittmann, as a director of the San Antonio-based oil and gas company.
Tags: strategic
transactions
alternatives
pursue
Whiting Petroleum In Deal Talks With Abraxas Petroleum: Sources
2019-10-15 04:44:13| OGI
Whiting Petroleum Corp., an oil and gas producer with operations in North Dakota and Colorado, is in deal talks with San Antonio-based Abraxas Petroleum Corp. , two people familiar with the matter told Reuters.
Tags: deal
sources
talks
petroleum
Abraxas Petroleum Exits South Texas With Sale Of Noncore Assets
2019-10-03 23:14:14| OGI
The transactions with the undisclosed buyers are expected to close within the next 45 days, the company said in a news release.
Abraxas Readies Stranded Asset Sale Following Nonop Bakken Deal
2019-05-15 15:00:00| OGI
Abraxas Petroleum has embarked on becoming a Permian pure play with a core Delaware Basin position but may hold onto its Bakken asset after all, says CEO Bob Watson.
Tags: sale
deal
asset
stranded