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Friday, Sep 27
Abraxas Petroleum moves higher after operations update
- Abraxas Petroleum (AXAS +1.9%) is higher after providing an update on its operations at Williston Basin, Eagle Ford Shale and Permian Basin.
- AXAS says drilling operations on the Lillibridge West pad at Williston Basin in North Dakota are now effectively complete a month ahead of schedule, and completion of the four-well pad is scheduled for late October.
- At Eagle Ford Shale in Texas, AXAS is currently rigging up on the Blue Eyes 1H at its Jourdanton prospect; AXAS holds a 100% working interest in Blue Eyes 1H.