-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EkHSYiSxQpcg13G8x0FLfNuaOL/mbCNS/YOHUzX9zH8V1S/pm1mTg5NcAM1MNU3Q dy3eNy2dTcLj1LVbjUqGJg== 0000867665-96-000011.txt : 19961108 0000867665-96-000011.hdr.sgml : 19961108 ACCESSION NUMBER: 0000867665-96-000011 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19961107 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19961107 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: ABRAXAS PETROLEUM CORP CENTRAL INDEX KEY: 0000867665 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 742584033 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-19118 FILM NUMBER: 96655991 BUSINESS ADDRESS: STREET 1: 500 N LOOP 1604 EAST STE 100 CITY: SAN ANTONIO STATE: TX ZIP: 78209 BUSINESS PHONE: 2104904788 MAIL ADDRESS: STREET 1: 500 N LOOP 1604 EAST STE 100 CITY: SAN ANTONIO STATE: TX ZIP: 78232 8-K 1 ABRAXAS PETROLEUM CORPORATION 8-K CURRENT REPORT SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 F O R M 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report November 7, 1996 Abraxas Petroleum Corporation (Exact name of registrant as specified in its charter) Nevada (State or other jurisdiction of incorporation) 0-19118 74-2584033 (Commission File Number) (I.R.S. Employer Identification Number) 500 N. Loop 1604 East, Suite 100 San Antonio, Texas 78232 (Address of principal executive offices) Registrant's telephone number, including area code: (210) 490-4788 Item 5. OTHER EVENTS (a)On November 5, 1996, Abraxas Petroleum Corporation, announced that it has priced its private placement of $215,000,000 Senior Notes due 2004 at an annual interest rate of 11.5%. The net proceeds to the Company will be used for the repayment of all amounts outstanding under the Company's credit facility with Bankers Trust Company and ING (U.S.) Capital Corporation and to consummate the previously announced acquisitions of CGGS Canadian Gas Gathering Systems, Inc. and of the Portilla and Happy fields in Texas. The following exhibits are filed as part of this report: NUMBER DOCUMENT 99.1 Press Release dated November 5, 1996. SIGNATURES Pursuant to the requirement of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ABRAXAS PETROLEUM CORPORATION By:/s/ Chris Williford -------------------------- Chris Williford Executive Vice President Chief Financial Officer Dated: November 7, 1996 EX-99 2 PRESS RELEASE DATED NOVEMBER 5, 1996 ABRAXAS ABRAXAS PETROLEUM CORPORATION 500 N. Loop 1604 East, Suite 100 - San Antonio, Texas 78232 P.O. Box 701007 - San Antonio, Texas 78270-1007 Office: 210/490-4788 - Exec/Acctg Fax: 210-490-8816 Land Prod. Fax: 210/490-8837 - ------------------------------------------------------------------------------ - - NEWS RELEASE FOR IMMEDIATE RELEASE ABRAXAS PETROLEUM CORPORATION ANNOUNCES COMMENCEMENT OF PRIVATE PLACEMENT SAN ANTONIO, - November 5, 1996 - Abraxas Petroleum Corporation (NASDAQ: AXAS) announced today that it has priced its private placement of $215,000,000 Senior Notes due 2004 at an annual interest rate of 11.5%. The net proceeds to the Company will be used for the repayment of all amounts outstanding under the Company's credit facility with Bankers Trust Company and ING (U.S.)Capital Corporation and to consummate the previously announced acquisitions of CGGS Canadian Gas Gathering Systems Inc. And of the Portilla and Happy Fields in Texas. The notes have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States without registration under the Securities Act or pursuant to an exemption therefrom. Closing is anticipated to occur on November 14, 1996. Abraxas Petroleum Corporation is a San Antonio-based crude oil and natural gas exploration and production company with operations primarily along the Texas Gulf Coast, in the Permian Basin of western Texas, western Canada and southwestern Wyoming. FOR FURTHER INFORMATION CONTACT: Jack M. Roney J. Desmond Towey Abraxas Petroleum Corporation George Robinson Director of Corporate Development Towey & Associates 210/490-4788 212/888-7600 ### -----END PRIVACY-ENHANCED MESSAGE-----