Brief: Abraxas says proved reserves grew 1.5 mmboe to 44.7 mmboe
Feb 15 (Reuters) - Abraxas Petroleum Corp AXAS.O :
* Abraxas provides reserve and operational update
* Proved reserves grew 1.5 mmboe to 44.7 mmboe for year
ending Dec. 31, 2016
* All operations on track with original schedule
* Production for Q4 of 2016 is expected to average
approximately 7,955 boepd
* Capital expenditures for year Dec. 31, 2016 expected to be
about $31.7 million
Source text for Eikon: ID:nBw6p2zhna
Further company coverage: AXAS.O
((Bangalore.newsroom@thomsonreuters.com;))
Recent news on Abraxas Petroleum
See all newsBrief: Abraxas - On April 12, 2021, Morgan Stanley Capital Group Sent Notice Of Events Of Default, Early Termination With Respect To Hedging Contracts
Biden to pause oil and gas leases, cut subsidies in climate action (updated)
Analysis: U.S. shale oil just had its worst year and the pain could bleed into 2021
Brief: Abraxas Petroleum Regains Compliance With Nasdaq Continued Listing Standards
Brief: Abraxas Petroleum Corp says Approved Reverse Stock Split Of Co’S Authorized, Issued And Outstanding Shares Of Common Stock At Ratio Of 1-For-20