Abraxas Petroleum
Abraxas Petroleum Corporation is an independent energy company engaged in the acquisition, exploitation, development and production of oil and gas in the United States and Canada. The Companys estimated net proved reserves were approximately 31.0 million barrels of oil equivalent (MMBoe), of which 44% were classified as proved developed, 74% were oil and natural gas liquids (NGLs) and 94% by PV-10 basis are operated. Its daily net production was approximately 4,298 barrels of oil equivalent per day, of which 64% was oil or liquids. Its oil and gas assets are located in three operating regions in the United States, the Rocky Mountain, Permian Basin and onshore Gulf Coast, and in the province of Alberta, Canada.