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AXAS — Abraxas Petroleum News Story

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Brief: Abraxas sees 2014 exit rate 8,500 boepd

Nov 5 (Reuters) - Abraxas Petroleum Corp  AXAS.O : 
 * Provides operations, a&d and 2014 guidance update; announces 2015 guidance 
   and capital budget 
 * Sees Q4 production total between 7,700 boepd to 8,000 boepd 
 * Sees 2014 exit rate 8,500 boepd 
 * Sees 2014 capex between $188 million and $192 million 
 * Says received board approval for a $200 million capital budget for 2015 
 * Says 2015 estimated production volumes associated with capital budget are 
   forecasted to be 9,050 boepd 
 
* Source text for Eikon  ID:nBw9kRSf0a  
 
* Further company coverage  AXAS.O  ((Bangalore Newsroom; +1 646 223 8780))

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