BNET Industries

Market Cap:$54.2M
Last Fiscal Year Sales:$100.3M
  • Public
  • US
Dow Jones Description

Explorer, Acquirer, Developer & Producer of Crude Oil & Natural Gas

Chairman, President & CEORobert Watson
Number of Employees 65
Contact Information

18803 Meisner Dr

San Antonio, Texas 78258

www.abraxaspetr...

(210) 490-4788

NAICS Code Crude Petroleum and Natural Gas Extraction: 211111

Recent Events

  • Abraxas Petroleum, Abraxas Energy plan merger

    6/22/09 - Merger / Acquisition - View Story

  • Abraxas Petroleum, Abraxas Energy plan merger

    6/22/09 - Merger / Acquisition - View Story

  • Abraxas Energy to Merge into Abraxas Petroleum Corp.

    6/19/09 - Merger / Acquisition - View Story

  • Abraxas Petroleum & Abraxas Energy Partners Announce Intent To Merge

    6/18/09 - Merger / Acquisition - View Story

  • Abraxas Petroleum posts profit in Q1

    5/13/09 - Financial Announcement - View Story

  • Abraxas Petroleum reports Q4 net loss

    2/18/09 - Financial Announcement - View Story

News & Analysis

abraxas petroleum corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Chris Williford CFO, Treasurer & Executive Vice President
Barbara M. Stuckey Vice President, Corp Dev
Lee T. Billingsley Vice President, Exploration
Stephen T. Wendel Vice President, Marketing & Land
William F. Wallace Vice President, Operations
William H. Wallace Vice President, Operations
Carol O'Brien Director, HR
F John Stark Designated Bondholder Representative
Dennis E. Logue Director
Harold D. Carter Director

Board of Directors

Name (plus bio) Position
Robert Watson Chairman, President & CEO
Craig S. Bartlett Board of Directors
Franklin A. Burke Board of Directors
James C. Phelps Board of Directors
Paul A. Powell Jr. Board of Directors
Ralph F. Cox Board of Directors
Organization Position Status
Abraxas Petroleum Corporation Chairman, President & CEO Current
Organization Position Status
Abraxas Petroleum Corporation CFO, Treasurer & Executive Vice President Current
Abraxas Petroleum Corporation Board of Directors Current
Organization Position Status
Abraxas Petroleum Corporation Vice President, Corp Dev Current
Abraxas Petroleum Corporation Director, Corp Development Former
Organization Position Status
Abraxas Petroleum Corporation Vice President, Exploration Current
Organization Position Status
Abraxas Petroleum Corporation Vice President, Marketing & Land Current
Organization Position Status
Abraxas Petroleum Corporation Vice President, Operations Current
Organization Position Status
Abraxas Petroleum Corporation Vice President, Operations Current
Organization Position Status
Abraxas Petroleum Corporation Director, HR Current
Abraxas Petroleum Corporation Director, HR Former
Organization Position Status
Water Tower Capital, LLC Principal and Chief Executive Officer Current
Corporate Financial Advisors, LLC Partner Current
Abraxas Petroleum Corporation Designated Bondholder Representative Current
Co Issuer Corporate Staffing, LLC Principal Current
Orius Corp. Member of the Board of Directors Current
Water Tower Capital, LLC Founder Former
Water Tower Capital, LLC Manager Former
Water Tower Capital, LLC Managing Principal Former
Wisconsin International Law Journal Board of Directors Former
University of Wisconsin Law School Juris Doctor Former
Vanderbilt University Law School Jd Former
Wabash College Ab Former
Organization Position Status
Abraxas Petroleum Corporation Board of Directors Current

Dennis E. Logue has been a Director of the Company since January 2002. He has served as Chairman of the Board of Ledyard National Bank, Hanover, New Hampshire since August, 2005. He served as Dean of the Michael B. Price College of Business at the University of Oklahoma from July 2001 to September 2005. Prior thereto, Mr. Logue held numerous business-oriented professorships, most recently at the Amos Tuck School, Dartmouth College from July 1974 to June 2001. Mr. Logue is also a Director of Abraxas Petroleum Corporation, San Antonio, Texas, a natural gas and crude oil exploration, development, and production company.

Organization Position Status
Ivy Funds, Inc. Director of the Company Current
LoanBright.Com The Dean of the Price College Current
Ledyard National Bank Steven Roth Professor of Management Current
Waddell & Reed Financial, Inc. Chairman Current
Promontory Software Technology Corporation Board Member Current
Duckwall-ALCO Stores, Inc. Board of Directors Current
Abraxas Petroleum Corporation Director Current
Freedomisknowledge.Com Director Current
Ledyard National Bank Director Current
The University of Oklahoma Dean Former
Dartmouth College Business, Oriented Professor Former
Organization Position Status
Abraxas Petroleum Corporation Board of Directors Current

Harold D. Carter, age 69, has served as a Director on our Board and as a consultant to us since 1992. Mr. Carter has more than 45 years experience in the oil and gas industry and has been an independent consultant since 1990. Prior to consulting, Mr. Carter served as Executive Vice President of Pacific Enterprises Oil Company (USA). Before that, Mr. Carter was associated for 20 years with Sabine Corporation, ultimately serving as President and Chief Operating Officer from 1986 to 1989. Mr. Carter consults for Associated Energy Managers, Inc. and is a director of Energy Partners Ltd., with respect to its Energy Income Fund, L.P. and a director of Abraxas Petroleum Corporation, both publicly traded oil and gas companies, and Longview Production Company, a private company. Additionally, he serves as Vice Chairman on the Board of Trustees for the Texas Scottish Right Hospital for Children. Mr. Carter has a B.B.A. in Petroleum Land Management from the University of Texas and has completed the Program for Management Development at the Harvard University Business School.

Organization Position Status
Brigham Exploration Company Director Current
Abraxas Petroleum Corporation Director Current
The University of Texas B.B.A. In Petroleum Land Management Former
The University of Texas B.B.A. In Petroleum Land Management Former
Organization Position Status
Abraxas Petroleum Corporation Board of Directors Current
Organization Position Status
Abraxas Petroleum Corporation Board of Directors Current
Organization Position Status
Abraxas Petroleum Corporation Board of Directors Current

Executive News

  • Abraxas Petroleum, Abraxas Energy plan merger

    Biz Journals - 6/22/09 - View Story

  • Abraxas Petroleum, Abraxas Energy plan merger

    San Antonio Business Journal - 6/22/09 - View Story

  • Abraxas Energy to Merge into Abraxas Petroleum Corp.

    Rigzone - 6/19/09 - View Story

  • Abraxas Petroleum Corporation and Abraxas Energy Partners, L.P.

    Business Wire via MSN Money - 6/18/09 - View Story

  • Abraxas Petroleum Corporation and Abraxas Energy Partners, L.P. Announce Merger Intention

    Business Wire - 6/18/09 - View Story

  • Abraxas Provides South Texas Operational Update

    Reuters - 6/17/09 - View Story

  • Abraxas Provides South Texas Operational Update

    Business Wire - 6/17/09 - View Story

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     AXAS $0.93 -0.02 (-2.11% )
Average Volume 284,333
Shares Outstanding 49.79M
Market Cap 46.3M
Year High 4.12
Year Low 0.62
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
Glass Door

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