Abraxas Petroleum Corporation (Nasdaq: AXAS) to Ring The Nasdaq Stock Market Closing Bell

What: Abraxas Petroleum Corporation (“Abraxas” or the “Company”) (Nasdaq:AXAS), an independent exploration and production company, will visit the Nasdaq MarketSite in Times Square.

In honor of the occasion, Robert L.G. Watson, President and Chief Executive Officer, will ring the Closing Bell. 

Where: Nasdaq MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio

When: Monday, April 11, 2016 – 3:45 p.m. to 4:00 p.m. ET       

Abraxas Media Contact: Geoff King [phone] [e-mail]  

Nasdaq MarketSite: Emily Pan [phone] [e-mail]

Feed Information: Fiber Line (Encompass Waterfront): 4463

Gal 3C/06C 95.05 degrees West 18 mhz Lower DL 3811 Vertical FEC 3/4 SR 13.235 DR 18.295411 MOD 4:2:0 DVBS QPSK

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Webcast: A LiveStream of the Nasdaq Closing Bell will be available at: https://new.livestream.com/nasdaq/live or http://www.nasdaq.com/about/marketsitetowervideo.asx

Photos: To obtain a hi-resolution photograph of the Market Close, please go to http://business.nasdaq.com/discover/market-bell-ceremonies and click on the market close of your choice.

About Abraxas Abraxas Petroleum Corporation (Nasdaq:AXAS) is a publicly traded independent exploration and production company founded in 1977 and based in San Antonio, Texas.

Abraxas' business model focuses on assets with:

• High working interest
• Operational & infrastructure control
• Low geologic risk
• Strong full cycle ROR
• Low risk exploitable upside using the company's proven operating expertise

Abraxas focuses primarily on the development of conventional and unconventional resources in its primary operating areas in the Rocky Mountains, South Texas, Powder River Basin and Permian Basin.

About Nasdaq Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,700 listed companies with a market value of approximately $9.6 trillion and nearly 10,000 corporate clients. To learn more, visit: nasdaq.com/ambition or business.nasdaq.com.

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