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Timothy Smith

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Timothy Smith

Re: Anticipating post# 538

Monday, 05/04/2015 10:38:27 AM

Monday, May 04, 2015 10:38:27 AM

Post# of 974
Abraxas Petroleum (NASDAQ:AXAS) says it has acquired an additional 210 net acres in the Bakken Shale, as well as additional interests in the Eagle Ford Shale earlier in the year.

AXAS says it expects the cost per well of the new Bakken acquisition to be about half as much as originally expected, but the company offers no financial terms.

Purely My Own Opinion. Do Your Own Due Diligence.

“Formula for success: rise early, work hard, strike oil.” - J. Paul Getty

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