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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.

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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.

Tags: sale south texas assets

 

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

 

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