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Abraxas Petroleum Corp. engages in the acquisition, exploration, development, and production of crude oil and natural gas. It focuses primarily on the development of conventional and unconventional resources in its primary operating areas in the Rocky Mountains, South Texas, Powder River Basin, and Permian Basin. The company was founded by Robert L.G. Watson in 1977 and is headquartered in San Antonio, TX.
The shale driller delivered superb results and is ready for even bigger things in 2017.
Abraxas Petroleum posts big gain on the sale of its WyCross holding.
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