Brief: Abraxas Petroleum says named executive officers to take voluntary 20 pct salary reduction effective Feb. 1
15/01/2016 21:28
Jan 15 (Reuters) - Abraxas Petroleum Corp AXAS.O : * Effective February 1, 2016, the named executive officers of Abraxas will take a voluntary reduction in salary of 20% * Other employees of Abraxas meeting certain salary thresholds are taking salary reductions ranging from 10% to 20%" * Says board of directors of Abraxas has also agreed to take a voluntary reduction in their fees of 20 percent * Source text for Eikon 1.usa.gov/1PwyZuz * Further company coverage AXAS.O ((Bengaluru Newsroom; +1 646 223 8780))
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