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Strategies & Market Trends : IPO and Other Stock Plays

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From: MLD387/13/2007 11:44:59 AM
   of 13331
 
Abraxas Energy Partners LP Plans IPO of 2M Units
....Abraxas Energy was formed in May 2007 by Abraxas Petroleum Corp. to exploit, develop, produce and acquire oil and gas properties....
biz.yahoo.com

May 25 2007, Abraxas Forms a Master Limited Partnership and Repays All Outstanding Indebte
abraxaspetroleum.com
..."Abraxas, through certain wholly-owned subsidiaries, sold an approximate 53% interest in the Partnership in a private placement offering for $100 million....The private placement consisted of 6,002,408 common units at a purchase price of $16.66 per unit....
...the Partnership has entered into registration rights agreements with regard to the limited partner units purchased by the investors....
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