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Abraxas Petroleum (NASDAQ: AXAS) Operational Update

Written By Jason Stutman

Posted September 10, 2013

Abraxas Petroleum Provides Operational Update

Abraxas Petroleum (NASDAQ: AXAS) has provided an operational update today on its Eagle Ford, Williston Basin, and Permian Basin plays. In the Eagle Ford, the company’s forty acre pilot wells, the Camaro B 3H and Camaro B4H, averaged 739 boepd and 808 boepd respectively in their first 30 days of production. In the Williston Basin, the company’s four Lillibridge H wells each produced between 922 boepd and 1,291 boepd. In the Permian Basin, Abraxas’s Spires Ranch well has been cased and is scheduled to be fracture stimulated this month.

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