Brief: Abraxas Provides Reserve And Operational Update
Feb 20 (Reuters) - Abraxas Petroleum Corp AXAS.O :
* ABRAXAS PROVIDES RESERVE AND OPERATIONAL UPDATE
* ABRAXAS PETROLEUM - TOTAL PROVED RESERVES AS OF DECEMBER
31,
2017 OF 65.9 MMBOE UP 21.2 MMBOE OR 47.5%
* ABRAXAS PETROLEUM - PRODUCTION FOR Q4 AVERAGED ABOUT 8,788
BOEPD
* ABRAXAS PETROLEUM - CAPITAL EXPENDITURES FOR YEAR ENDED
DEC. 31,
2017 EXPECTED TO BE ABOUT $135 MILLION
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