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
NAICS Code Crude Petroleum and Natural Gas Extraction: 211111
Recent Events
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Abraxas Petroleum, Abraxas Energy plan merger
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Abraxas Petroleum, Abraxas Energy plan merger
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Abraxas Energy to Merge into Abraxas Petroleum Corp.
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Abraxas Petroleum & Abraxas Energy Partners Announce Intent To Merge
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Abraxas Petroleum posts profit in Q1
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Abraxas Petroleum reports Q4 net loss
News & Analysis
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abraxas petroleum corp. - All News and Analysis
Insiders See Value in Slippery Oil Patch
Scott Snively submits: The SPDR Energy Sector XLE plunged by as much as 4% in early trading yesterday, registering a new 52-wk low. The low water mark of 61.06 followed 10-consecutive days of above average trading volume, and was more than 16% below the 50-day moving average. By noon yesterday,...
Abraxas Petroleum Corporation Q2 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator instructions Your first question comes from the line of Joel Musante from CK Cooper & Company. You may proceed. Joel Musante – CK Cooper & Company How are you doing everybody? Good afternoon. Bob Watson How you doing? Joel Musante – CK Cooper & Company...
Abraxas Petroleum Q4 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions And you first question comes from the line of Glen Mattson from GTK Capital. Glen Mattson - GTK Capital Good afternoon, I see on your press release you have Abraxas Petroleum Corporation stand alone, 12 months December 31, 2007. Wouldn’t it be more...
ABP, BBC, ENL, GLAD, JMAR, LMLP have been removed from naked short lists today.
M2 PRESSWIRE-16 March 2006-BUYINS.NET: ABP, BBC, ENL, GLAD, JMAR, LMLP have been removed from naked short lists todayC1994-2006 M2 COMMUNICATIONS LTD RDATE:16032006 BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE naked short...
ABP, EAG, ENL, FCEL, NRB, PDEX have been added to naked short lists today.
M2 PRESSWIRE-8 March 2006-BUYINS.NET: ABP, EAG, ENL, FCEL, NRB, PDEX have been added to naked short lists todayC1994-2006 M2 COMMUNICATIONS LTD RDATE:08032006 BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short...
Abraxas Updates Successful Canadian and U.S. Operations
Business Editors & Energy Writers SAN ANTONIO--BUSINESS WIRE--Sept. 10, 2001 Abraxas Petroleum Corporation (AMEX:ABP) Chairman and CEO, Bob Watson, commented on the Company's current operations in the Oates S.W. field, in the Montoya trend in west Texas, and the continuing success of its drilling efforts in the Caroline...
Abraxas Reports Improved Second Quarter Financial Results and Operational Update
Business Editors & Energy Writers SAN ANTONIO--BUSINESS WIRE--Aug. 13, 2001 Abraxas Petroleum Corporation (AMEX:ABP) today announced that successful drilling, cost effective operations, and improved prices all contributed to Abraxas meeting analysts' guidance results. For the quarter ended June 30, 2001, a 75% improvement, compared to the prior...
Abraxas Petroleum Corporation Announces Second Quarter 2001 Financial Results Conference Call
Business Editors & Energy Writers SAN ANTONIO--BUSINESS WIRE--Aug. 10, 2001 Abraxas Petroleum Corporation (AMEX:ABP) will announce its second quarter 2001 results Monday, Aug. 13, 2001. A conference call is scheduled for Tuesday, Aug. 14, 2001, 10:30 a.m. CDT to discuss the Company's quarterly financial results as well...
Abraxas Petroleum Corporation Announces Second Quarter Conference Call
Business Editors and Energy Writers SAN ANTONIO--BUSINESS WIRE--Aug. 14, 2000 Abraxas Petroleum Corporation (OTCBB:AXAS) TO: PRESS RELEASE RECIPIENTS FROM: CHRIS WILLIFORD - CFO/EVP DATE: AUGUST 14,...
Abraxas Petroleum Corporation Announces Results of Exchange Offer
SAN ANTONIO--BUSINESS WIRE--Dec. 17, 1999-- Abraxas Petroleum Corporation (OTC BB:AXAS) announced today that its offer to exchange a new issuance of $196.8 million of its 11 1/2% Senior Secured Notes due 2004, shares of Abraxas common stock and contingent value rights for $274.0 million of its outstanding 11 1/2%...
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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
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Abraxas Petroleum, Abraxas Energy plan merger
-
Abraxas Petroleum, Abraxas Energy plan merger
-
Abraxas Energy to Merge into Abraxas Petroleum Corp.
-
Abraxas Petroleum Corporation and Abraxas Energy Partners, L.P.
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Abraxas Petroleum Corporation and Abraxas Energy Partners, L.P. Announce Merger Intention
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Abraxas Provides South Texas Operational Update
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Abraxas Provides South Texas Operational Update
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EV Energy Partners Q1 2009 Earnings Call Transcript
on May 12, 2009about EVEP
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Energy Transfer Partners Q1 2009 Earnings Call Transcript
on May 12, 2009about ETP
