By Tyler Losier, Energy Reporter, Oil & Gas 360 Saltstone Capital Management calls for special committee of the board to review strategic alternatives Billy Bailey, founder and portfolio manager for Saltstone Capital Management LLC, penned a scathing letter to Abraxas Petroleum’s (stock ticker: AXAS) board of directors this week, calling for the creation of a special committee to explore strategic
Saltstone Capital Management Presses for Immediate Change at Abraxas Petroleum Corporation
Abraxas Petroleum Corporation Announces 2019 Guidance; Provides Operations and Corporate Updates
Abraxas Announces Change in Leadership Roles
From the San Antonio Business Journal Temporarily shutting down production at 18 oil wells put San Antonio-based Abraxas Petroleum Corp. in the red during second quarter, the company reported after stock markets closed Tuesday. Abraxas (Nasdaq: AXAS) reported a $10.8 million loss on $30.9 million in revenue during the second quarter. The figures offer mixed results when compared to the $7.2 million
From Business NewsWire Abraxas Petroleum Corporation (“Abraxas” or the “Company”) (NASDAQ: AXAS) today announced Geoffrey R. King, Vice President and Chief Financial Officer of Abraxas, submitted his resignation on June 4, 2018 to pursue another opportunity in the financial sector. Mr. King’s resignation is not the result of any dispute or disagreement with the Company, or any matter relating to
From the San Antonio Express-News Pipeline bottlenecks in the Permian Basin are hurting prices for cash-strapped producers Bob Watson said his company is in the process of selling its Eagle Ford land, which totals more than 14,000 acres, according to a March filing with the Securities and Exchange Commission. Watson spoke Tuesday at an Association for Corporate Growth Central Texas event
