Abraxas Issues Operational Update, Sees Production ~4.6-4.8K BoE/Day on $85M CapEx

Abraxas Petroleum Corporation (NASDAQ: AXAS ) is pleased to provide an operational update, announce the closing of the Company's non-operated Bakken asset sale and provide an activity, CAPEX and production guidance update. Operational Update In McKenzie County, North Dakota, Abraxas successfully remediated the sand plug on the Lillibridge 4H. The Lillibridge 4H, producing from