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A team of Jackson Walker attorneys recently represented San Antonio-based Abraxas Petroleum Corporation (NASDAQ:AXAS) in a set of deals that will increase the company’s land holdings in the Permian Basin. The first deal, which closed in May, involved the acquisition of 1,894 acres of oil leases in the Permian Basin for $20.9 million. Jackson Walker also advised Abraxas in the subsequent sale of some of its production land in the Power River Basin of Wyoming for $4.6 million.
Click here for more information about the deal.