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AXAS crashes from $6.19 to $4.70's what you need to know:

|Includes: APC, Abraxas Petroleum Corporation (AXAS), BHGE, BP, CAM, CLR, COP, CRR, CVX, DBO, DVN, EOG, GAS, GEOI, MRO, NOG, NOV, OIL, OXY, PBR, RIG, STO, STO, TOT, UNG, USO, VLO, WLL, WNR, XOM, XTO

Pro Forma Net Asset Value per Share(1)

Proved Reserves Only
$ 2.69/shr

Proved PLUS Probable Reserves
$ 15.19/shr

Proved PLUS Probable PLUS Possible
$ 28.14/shr

Pro Forma Net Asset Value
(1) Includes identified and resource potential on Bakken, Niobrara, Eagle Ford, Pekisko and Texas oil plays. Excludes identified and resource reserves in Alberta Basin Bakken and $50MM value of Eagle Ford Joint Venture drilling carry.

All info is from Page 6 of the 2/2011 SEC Filing.