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, 2000

    SUBJ:   SECOND QUARTER CONFERENCE CALL -
            Monday, August 14, 2000, 1:30 p.m. CDT

      Abraxas' second quarter conference call is scheduled for Monday,
August 14, 2000, at 1:30 p.m. CDT. The call will be led by Robert
L. G. Watson, President and CEO of Abraxas, who will discuss the
second quarter financial results as well as current operational
activity. A question and answer session will follow Mr. Watson's
presentation.

      Please call the toll free number listed below five minutes before
the appointed time to participate in this conference call:

                            1-800-289-0730
                       Confirmation Code 637773

      Thank you for your participation and for your interest in Abraxas.


                            RECALL PROGRAM

      If you miss the conference call Monday, please use our Recall
Service. Details are:

         Recall of the call is available beginning at 4:30 p.m. CDT on
         Monday, August 14th.
         Recall service ends 5:00 p.m. CDT on Monday, August 21st.
         The recall number is 1-888-203-1112; confirmation code is
         637773.

      If you have any questions regarding this service, please call
Chris Williford or Janice Herndon at 210-490-4788.