Brief: Abraxas Announces Agreements To Sell Non-Core Assets
03/10/2019 20:14
Oct 3 (Reuters) - Abraxas Petroleum Corp AXAS.O :
* ABRAXAS ANNOUNCES AGREEMENTS TO SELL NON-CORE ASSETS,
PROVIDES
OPERATIONAL UPDATE, AND PROVIDES THIRD QUARTER 2019 CONFERENCE
CALL INFORMATION
* ABRAXAS PETROLEUM CORP - DEAL FOR $7.9 MILLION.
* ABRAXAS PETROLEUM CORP - DRILLING OPERATIONS IN DELAWARE
BASIN
HAVE BEEN SUSPENDED WITH THREE COMMITMENT WELLS TO BE DRILLED IN
2020
* ABRAXAS PETROLEUM CORP - ONE SALE REPRESENTS ALL OF
COMPANY'S
REMAINING SOUTH TEXAS ASSETS
* ABRAXAS PETROLEUM CORP - OTHER SALE IS A NON-OPERATED
ACREAGE
POSITION IN REEVES COUNTY, WEST TEXAS
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Further company coverage: AXAS.O
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