Abraxas Petroleum Sells Non-Core Assets in South Texas
September 30th, 2006Abraxas Petroleum has closed on the sale of certain non-core assets located in South Texas for a total consideration of $12 million, subject to closing adjustments. The effective date of the sale was August 1, 2006.
The non-core assets were located in the Three Rivers (Edwards) Field of Live Oak County, Texas and represented less than [...]