Abraxas Petroleum (AXAS) +1% AH after issuing an operational and financial update, which notes...

|About: Abraxas Petroleum Corporation (AXAS)|By:, SA News Editor

Abraxas Petroleum (AXAS) +1% AH after issuing an operational and financial update, which notes the Mustang 1H well produced an average 1,152 boe/day on a restricted choke over its first 30 days of production. Also, drilling continues on AXAS's Lillibridge East PAD with intermediate casing set on the 1H and 2H.