Abraxas Promotes Barbara M. Stuckey to Director of Corporate Development.SAN ANTONIO San Antonio (săn ăntō`nēō, əntōn`), city (1990 pop. 935,933), seat of Bexar co., S central Tex., at the source of the San Antonio River; inc. 1837. -- Abraxas Petroleum Corporation (AMEX AMEX See: American Stock Exchange :ABP 1. (networking) ABP - Alternating bit protocol. 2. ABP - Microsoft Address Book Provider. ) announced today that Barbara M. Stuckey has been promoted to Director of Corporate Development. Ms. Stuckey has been employed with Abraxas for eight years and most recently held the position of Manager of Corporate Development. In her new post, she will assume responsibility for investor relations Investor relations The process by which the corporation communicates with its investors. in addition to her continuing corporate development responsibilities. "We are pleased that Barbara has continually accepted the challenges offered her as she has consistently performed beyond our expectations," commented Bob Watson, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . Ms. Stuckey holds a Bachelor of Arts degree from the University of Texas at San Antonio The main campus is situated on 600 acres (2.4 km²,) at the intersection of Interstate 10 and Loop 1604 near the northern edge of San Antonio, Texas in Bexar County. The university is also one of the UT System's fastest growing schools, maintaining a 12. and a Masters of Business Administration degree from the Bordeaux Business School. Abraxas Petroleum Corporation is a San Antonio-based crude oil and natural gas exploitation and production company. The Company operates in Texas, Wyoming and western Canada. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. for forward-looking statements: Statements in this release looking forward in time involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to be materially different from any future performance suggested in this release. Such factors may include, but may not be necessarily limited to, changes in the prices received by the Company for crude oil and natural gas. In addition, the Company's future crude oil and natural gas production is highly dependent upon the Company's level of success in acquiring or finding additional reserves. Further, the Company operates in an industry sector where the value of securities is highly volatile and may be influenced by economic and other factors beyond the Company's control. In the context of forward-looking information provided for in this release, reference is made to the discussion of risk factors detailed in the Company's filing with the Securities and Exchange Commission during the past 12 months. |
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