Company Profile

Abraxas Petroleum Corporation (OTCQX: AXAS) is a publicly traded independent exploration and production company founded in 1977 and based in San Antonio, Texas.

Abraxas' business model focuses on assets with:

 - High working interest
 - Operational & infrastructure control
 - Low geologic risk
 - Strong full cycle ROR
 - Low risk exploitable upside using the company's proven operating expertise

Abraxas focuses primarily on the development of conventional and unconventional resources in its primary operating areas in the Permian Basin.