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Abraxas Schedules First Quarter 2010 Financial and Operating Results Conference Call

SAN ANTONIO, May 10, 2010 (BUSINESS WIRE) -- Abraxas Petroleum Corporation (NASDAQ:AXAS) will announce their first quarter 2010 financial and operating results on Monday, May 17, 2010, after the U.S. financial markets close. The corresponding conference call is scheduled for Tuesday, May 18, 2010 at 10:00 a.m. CT (11:00 a.m. ET). Robert L.G. Watson, President and CEO of Abraxas, will lead the call with a question and answer session to follow.

Please dial the toll-free number listed below ten minutes before the scheduled start time to participate in the call: 1 -800-659-1966 P asscode: 64597374 The conference call will also be webcast live on the Internet and can be accessed directly on the Company's website at www.abraxaspetroleum.com under Investor Relations. In addition to the audio webcast replay, a transcript of the conference call will be posted on the Investor Relations section of the Company's website approximately 24 hours after the conclusion of the call, and will be accessible for at least 60 days.

Abraxas Petroleum Corporation is a San Antonio based crude oil and natural gas exploration and production company with operations across the Rocky Mountain, Mid-Continent, Permian Basin and Gulf Coast regions of the United States.

SOURCE: Abraxas Petroleum Corporation CONTACT: Abraxas Petroleum Corporation Barbara M. Stuckey, 210-490-4788 Vice President - Corporate Finance bstuckey@abraxaspetroleum.com www.abraxaspetroleum.com Copyright Business Wire 2010 -0- KEYWORD: United States

North America

Texas INDUSTRY KEYWORD: Energy

Oil/Gas

Utilities

Other Energy

Manufacturing

Engineering

Natural Resources

Mining/Minerals

Other Natural Resources

Professional Services

Finance

Communications

Public Relations/Investor Relations SUBJECT CODE: Earnings

Conference Call