Oil and Gas - Mergers and Acquisition Review

Abraxas Petroleum Built Around Solid Conventional Assets; Expanded Capital Program of $60 million for 2011; Most of its capex is going to producing more oil!!

Abraxas reported 2010 year-end reserves totaled 26.6 mmboe up 7% over 2009 despite selling 9% of proved reserves in our divesture program. ...