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  September 5, 2001
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Home > Company Index > Energy > Oil & Gas Exploration & Production > Mariner Energy LLC

Mariner Energy LLC
 PROFILE
Mariner Energy, mostly at sea when it comes to oil and gas exploration and production, likes being in deep water. The independent firm explores in the Gulf of Mexico and the Gulf Coast, with most of its holdings in deepwater plays of more than 600 feet. The company's proved reserves (64% natural gas) add up to 203.6 billion cu. ft. of natural gas equivalent. An early entrant in the Gulf's growing deepwater game, Mariner Energy has discovered seven new fields since 1992. Mariner Energy also has interests in production operations along the Gulf Coast and in the Permian Basin. Top customers include Enron (49% of revenues) and Duke Energy (16%). Diversified energy firm Enron owns about 98% of the company.

 COMPETITION
BP p.l.c. (BP)
Royal Dutch/Shell Group (dossier)
Texaco Inc. (TX)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 121.20
1-Yr. Sales Growth: 130.8%
Employees: 81
Revenue per employee: $1,496,296.30

 KEY PEOPLE
• Robert E. Henderson
    CEO
• Frank A. Pici
    CFO

 CONTACT INFO
580 Westlake Park Blvd.
Houston, TX 77079
US
Phone: 281-584-5500
Fax: 281-584-5555
Online: Web Site

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