UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
August 22, 2005
Date of Report (Date of earliest event reported)
ABRAXAS PETROLEUM CORPORATION
(Exact name of registrant as specified in its charter)
Nevada 0-19118 74-2584033
(State or other jurisdiction of (Commission (IRS Employer
incorporation) File Number) Identification No.)
500 N. Loop 1604 East, Suite 100
San Antonio, Texas 78232
(210) 490-4788
(Address of principal executive offices and Registrant's telephone number
, including area code)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
1
Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers.
(b) On August 22, 2005, Abraxas Petroleum Corporation announced in
a press release that, James C. Phelps informed Abraxas that he
will resign from Abraxas' Board of Directors effective August
22, 2005 for family health related reasons. Abraxas also
announced in the same press release the appointment of Paul A.
Powell, Jr. to its Board of Directors. Mr. Powell will replace
Mr. Phelps, serving the remainder of Mr. Phelps' term, which
expires in 2006. Abraxas anticipates that Mr. Powell will
serve on its Board of Directors' Compensation Committee. A
copy of the press release related to this announcement is
attached hereto as Exhibit 99.1.
(d) See Item 5.02(b) above.
Item 9.01 Final Statements and Exhibits
(a) Not applicable.
(b) Not applicable.
(c) Exhibits
99.1 Press Release dated August 22, 2005 entitled "Abraxas
Announces the Appointment of Paul A. Powell, Jr. to
its Board of Directors"
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Abraxas Petroleum Corporation
By: /s/ Chris E. Williford
-----------------------------------------
Chris E. Williford, Executive Vice President,
Chief Financial Officer and Treasurer
Dated: August 22, 2005
Exhibit No. Description
99.1 Press Release dated August 22, 2005 entitled "Abraxas
Announces the Appointment of Paul A. Powell, Jr. to
its Board of Directors"