Abraxas Announces 2001 Financial Results and Year-End Reserves.
Business Wire › March 27, 2002
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Abraxas Announces 2001 Financial Results and Year-End Reserves.
Business Editors & Energy Writers
SAN ANTONIO--(BUSINESS WIRE)--March 27, 2002 Year 2001 Results Include Increased Revenue and Operating Income and Reduced LOE and G&A Expenses Versus 2000 -- Reserve Replacement Was 146% With Drillbit Finding Cost of $1.24/Mcfe Abraxas Petroleum Corporation (AMEX:ABP) today reported revenue and operating income for the year-ended Dec. 31, 2001, of $77.2 million and $19.2 million, respectively, compared to $76.6 million and $11.9 million in 2000. LOE ...See the full content of this document
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