Abraxas Petroleum (AXAS) Reports In-Line Q1 EPS

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Abraxas Announces First Quarter 2015 Results

May 7, 2015 6:30 AM EDT

SAN ANTONIO--(BUSINESS WIRE)-- Abraxas Petroleum Corporation (NASDAQ: AXAS) today reported financial and operating results for the three months ended March 31, 2015.

On October 31, 2014 we closed on the sale of our interest in Canadian Abraxas Petroleum, ULC (Canadian Abraxas), a wholly-owned Canadian subsidiary of Abraxas Petroleum Corporation. As a result of the disposal of Canadian Abraxas, the results of operations of Canadian Abraxas are reflected in our Financial Statements and in this document as Discontinued Operations and our remaining operations are referred to in our Financial Statements and in this document as Continuing Operations or Continued... More