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Home > Company Index > Energy > Oil & Gas Exploration & Production > Edge Petroleum Corporation

Edge Petroleum Corporation
Nasdaq: EPEX
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 PROFILE
Edge Petroleum goes high-tech to gain an edge over its rivals in the oil and gas exploration and production business. The company relies on visualization software and a 3-D seismic database to find natural gas and oil prospects onshore along the Gulf of Mexico region. Edge Petroleum has proved reserves of 30 billion cu. ft. of natural gas equivalent, of which 15% is oil, and operates about 60 of the 156 gas and oil wells in which it holds an interest. Although its primary operations are in Texas, where 85% of its acreage is located, the company also works in Alabama, Louisiana, and Mississippi. Edge Petroleum is expanding its explorations into the Powder River region of the Rocky Mountains.

 COMPETITION
The Meridian Resource Corporation (TMR)
Remington Oil and Gas Corporation (ROIL)
TransTexas Gas Corporation (TTXG)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 23.80
1-Yr. Sales Growth: 64.1%
Employees: 30
Revenue per employee: $793,333.33

 KEY PEOPLE
• John W. Elias
    CEO
• Michael G. Long
    CFO

 CONTACT INFO
Texaco Heritage Plaza
Houston, TX 77002
US
Phone: 713-654-8960
Fax: 713-654-7722
Online: Web Site

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