FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Clarke Tod A

2. Date of Event Requiring Statement (MM/DD/YYYY)
8/16/2017 

3. Issuer Name and Ticker or Trading Symbol

ABRAXAS PETROLEUM CORP [AXAS]

(Last)        (First)        (Middle)

18803 MEISNER DRIVE

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
Vice President - Land /

(Street)

SAN ANTONIO, TX 78258       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Abraxas Petroleum Corp Common Stock   94079   D    
Abraxas Petroleum Corp Common Stock   23680   I   401-K  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option   3/11/2018   3/11/2024   Abraxas Petroleum Corp Common Stock   18000   $3.15   D    
Employee Stock Option   5/15/2020   5/15/2026   Abraxas Petroleum Corp Common Stock   64000   $0.97   D    
Employee Stock Option   3/8/2016   3/8/2022   Abraxas Petroleum Corp Common Stock   5000   $3.74   D    
Employee Stock Option   3/15/2015   3/11/2021   Abraxas Petroleum Corp Common Stock   10000   $4.72   D    
Employee Stock Option   3/16/2014   3/16/2020   Abraxas Petroleum Corp Common Stock   13300   $2.09   D    
Employee Stock Option   3/17/2013   3/17/2019   Abraxas Petroleum Corp Common Stock   5000   $0.99   D    
Employee Stock Option   5/14/2017   5/14/2027   Abraxas Petroleum Corp Common Stock   17300   $2.39   D    
Employee Stock Option   8/28/2011   8/28/2017   Abraxas Petroleum Corp Common Stock   7810   $3.60   D    
Employee Stock Option   8/9/2015   8/9/2021   Abraxas Petroleum Corp Common Stock   25000   $3.55   D    
Employee Stock Option   10/5/2013   10/5/2019   Abraxas Petroleum Corp Common Stock   20775   $1.75   D    

Explanation of Responses:

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Clarke Tod A
18803 MEISNER DRIVE
SAN ANTONIO, TX 78258


Vice President - Land

Signatures
Tod A. Clarke 8/16/2017
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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