Brief: Abraxas provides operational and divestiture update
03/01/2017 21:20
Jan 3 (Reuters) - Abraxas Petroleum Corp AXAS.O
* Abraxas provides operational and divestiture update
* Abraxas Petroleum Corp - continues to market company's
remaining assets in Powder river basin
* Abraxas Petroleum Corp says Abraxas permitted and plans to
spud a two well pad in Caprito 98-201H and Caprito 98-301H in
February, 2017
* Abraxas Petroleum Corp says recently received a
termination notice from potential buyer of company's hudgins
ranch property in Pecos County, Texas
* Abraxas Petroleum Corp says did retain 50 pct of survey
fees associated with terminated sale
* Abraxas Petroleum Corp says is currently remarketing
property and is in discussions with several potential buyers
* Abraxas Petroleum Corp - continues to explore
opportunities to expand existing position in Caprito
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