Wow..... Today Felix Oil and Gas just sold the properties surrounding AXAS Permian property to WPX Energy for almost $43K per acre for for some 50,000 sum odd acres for $2.5 Billion.
Literally the Felix property surrounds Abraxas property. Run those same numbers if WPX is interested in the 11,000 acres of Abraxas property..... looking at like $470-$500 million!
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