On August 7, 2012, the Board of Directors of Abraxas Petroleum Corp. has appointed Geoffrey R. King, CFA, as Vice President and Chief Financial Officer, effective September 1, 2012. Mr. King has been with Van Eck Associates since 2007 as a Senior Energy Analyst with his focus on natural resource equities and commodities and prior to that served as a Senior Analyst of Global Power and Energy with Merrill Lynch and Petrie Parkman.

Mr. King has a B.A. in Economics and History from Davidson College.