Abraxas Sells WyCross for $73M

SAN ANTONIO--(BUSINESS WIRE)-- Abraxas Petroleum Corporation

is pleased to announce the execution of a definitive agreement to sell the company's Eagle Ford interests at WyCross in McMullen County, Texas for $73 million. WyCross Sale Abraxas recently executed a definitive agreement to sell the company's Eagle Ford interests at WyCross in McMullen County, Texas to an undisclosed buyer for $73 million. The sale is subject to customary closing conditions and purchase price adjustments and reflects an effective date of December 1, 2013. The assets to be sold consist of approximately 1,200 net acres, 3.7 million barrels of proved reserves (1) (2.8 million barrels of oil, 3.0 billion cubic feet of gas and 0.5