Abraxas Petroleum Corp. (AXAS) Provides a North American Operations Update
Abraxas Petroleum reported an updated operational report on the company’s oil and gas activities in North America. The company is active in exploration and development in both the United States and Canada. Abraxas Petroleum recently completed an upgrade of a land drilling rig in North Dakota and plans to start drilling a horizontal well in McKenzie County. The well will target the Middle Bakken formation on its acreage here. Abraxas Petroleum recently completed a horizontal well in Wyoming that targeted the Turner formation. The well was drilled and completed using a seventeen stage hydraulic fracturing operation and produced 340 barrels…