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Home > Company Index > Energy > Oil & Gas Services > Canaan Energy Corporation
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Canaan Energy Corporation |
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PROFILE |
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Canaan Energy begets natural gas and crude oil. The oil and gas producer, which has grown through the assimilation of eight private oil and gas limited partnerships and the Indian Oil Company, operates 189 of the more than 910 wells in which it has an interest. Canaan Energy produces about 21 million cu. ft. of gas and more than 490 barrels of oil per day. Focused on the midcontinent region (Oklahoma), Canaan holds proved reserves of more than 106 billion cu. ft. of natural gas equivalent. Formerly known as Coral Reserves Group, the company was founded in 1987 by CEO Leo Woodard and president John Penton. Major shareholders include Woodard, Penton, and Richard Dunning, founder of Indian Oil.
COMPETITION |
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Anadarko Petroleum Corporation (APC)
Apache Corporation (APA)
Burlington Resources Inc. (BR)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 18.00
1-Yr. Sales Growth: 12,757.1%
Employees: 42
Revenue per employee: $428,571.43
KEY PEOPLE |
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Leo E. Woodward
CEO
Michael S. Mewbourn
CFO
CONTACT INFO |
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211 N. Robinson, Ste. 1000N
Oklahoma City, OK 73102
US
Phone: 405-604-9200
Fax: 402-604-9295
Online: Web Site
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