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Home > Company Index > Energy > Oil & Gas Exploration & Production > Rio Alto Exploration Ltd.

Rio Alto Exploration Ltd.
 NEWS FROM THE WIRES
Rio Alto profit more than doubles in quarter
Aug 08 2001 11:20 AM PDT

Canadians see no sudden boom in U.S. natgas exports
Jul 24 2001 02:08 PM PDT

WRAPUP 2-LatAm markets slip, eyes on Argentine Senate
Jul 24 2001 02:08 PM PDT

More WIRE STORIES about this company

 PROFILE
Rio Alto Exploration has an acquiring mind. The company buys interests and natural gas rights for exploration, development, and production. Rio Alto's core development areas are in Canada, primarily in northeast and northwest Alberta. However, the company has also become a global player and established exploration and production operations in Argentina. It plans to buy interests in Ecuadoran properties from Houston-based Mission Resources (fomerly Bellwether Exploration). Rio Alto produces an average of 427 million cu. ft. of natural gas and 12,800 barrels of crude oil and natural gas liquids per day; it has proved reserves of 1.3 trillion cu. ft. of natural gas and 48.9 million barrels of oil.

 COMPETITION
Alberta Energy Company Ltd. (AOG)
PanCanadian Petroleum Limited (PCP)
Petro-Canada (PCZ)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 445.40
1-Yr. Sales Growth: 64.2%
Employees: 470
Revenue per employee: $947,659.57

 KEY PEOPLE
• Richard T. Cones
    CEO
• Doug K. Smith
    CFO

 CONTACT INFO
205 5th Ave. SW, Ste. 2500
Calgary Alberta T2P 2V7, Canada
Phone: 1-403-264-8780
Fax: 1-403-261-7626
Online: Web Site

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