Are the Abraxas wells near Jourdanton economically viable or does anyone know? They are called cat eye, snake eye, blue eye, spanish eye etc. They are very far North for EF wells in the thin updip section that seems more prospective for Buda, Chalk, Pearsall and EDWARDS. Any thoughts? Abraxas seems to tout them and is drilling additional ....lazy eye? black eye? pink eye? etc....but is this in the interest of pumping up their stock price? Or, are they doing ok?

Views: 448

Reply to This

Replies to This Discussion

I personally think that Abraxas' earnings this next week and projected completions will be very pleasing to their investors. Abraxas doesn't BS a lot. Bob is a straight arrow and tells it like it is. Just wish I could afford to buy more of their stock.

How about Bob's son and "El Toro"? Marketing propaganda extroidenaire, in my humble but fact based opinion.

Abraxas has some solid production numbers that have nothing to do with propaganda



Not a member? Get our email.


Blog Posts

Cost Depletion: A Valuable Tax Deduction for Royalty Owners

Posted by Patrick Flueckiger on February 12, 2018 at 10:30am 0 Comments

Owners of minerals and royalties may be interested to learn that the Internal Revenue Code "IRC" allows a deduction known as “depletion” for oil & gas income. The depletion deduction could significantly reduce a royalty owner's…



© 2018   Created by Keith (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service