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Home > Company Index > Energy > Oil & Gas Exploration & Production > Remington Oil and Gas Corporation

Remington Oil and Gas Corporation
Nasdaq: ROIL
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 PROFILE
Remington Oil and Gas doesn't like to drill outside the box. The independent gas and oil company (formerly Box Energy) limits its exploration, development, and production business to the Gulf of Mexico (73% of production) and inland properties along the Gulf Coast of Mississippi and Texas. The company has proved reserves of 150 billion cu. ft. of natural gas equivalent. Remington owns interests in about 150 producing wells; its partners include Wiser Oil and Magnum Hunter Resources. A gas marketing company accounts for 50% of Remington's gas and oil sales. Idaho potato tycoon and spudillionaire J.R. Simplot owns 27% of the company.

 COMPETITION
The Houston Exploration Company (THX)
The Meridian Resource Corporation (TMR)
Newfield Exploration Company (NFX)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 84.40
1-Yr. Sales Growth: 99.5%
Employees: 24
Revenue per employee: $3,516,666.67

 KEY PEOPLE
• James A. Watt
    CEO
• J. Burke Asher
    CFO

 CONTACT INFO
8201 Preston Rd., Ste. 600
Dallas, TX 75225
US
Phone: 214-210-2650
Fax: 214-210-2643

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