Abraxas Announces Filing of Registration Statement
April 25 2008 - 9:11AM
Business Wire
Abraxas Petroleum Corporation (AMEX:ABP) today announced that
Abraxas Energy Partners, L.P. (�Abraxas Energy�) has filed
Amendment No. 5 to its registration statement with the U.S.
Securities and Exchange Commission relating to a proposed initial
public offering of its common units. Wachovia Securities will act
as book-running manager and representative of the underwriters.
When available, copies of the prospectus related to the offering
may be obtained from Wachovia Securities, Attn: Equity Syndicate,
375 Park Avenue, New York, New York 10152 or email:
equity.syndicate@wachovia.com. A registration statement relating to
these securities has been filed with the U.S. Securities and
Exchange Commission but has not yet become effective. These
securities may not be sold nor may offers to buy be accepted prior
to the time the registration statement becomes effective. This
press release shall not constitute an offer to sell or a
solicitation of an offer to buy common units of Abraxas Energy, nor
shall there be any sale of these securities in any state or
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such state. Abraxas Petroleum Corporation is
a San Antonio based crude oil and natural gas exploration and
production company with operations principally in Texas and
Wyoming. Abraxas Petroleum Corporation also owns a 47% interest in
an upstream master limited partnership, Abraxas Energy Partners,
L.P., which entitles Abraxas Petroleum Corporation to receive its
proportionate share of cash distributions made by Abraxas Energy
Partners, L.P.
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