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

Virginia Gas Company
Nasdaq (SC): VGCO
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 PROFILE
Deregulation and demand have driven Virginia Gas Company's growth. The company produces, gathers, stores, markets, and distributes natural gas and distributes propane. It operates a 33-mile pipeline system and distributes gas to more than 300 residential, commercial, and industrial customers in Russell and Buchanan counties. Propane gas is distributed to another 4,400 customers. Virginia Gas operates 72 wells in Virginia and West Virginia and a gas gathering system, and it markets to local distributors and oil and gas companies. It also owns and operates Virginia's only two underground gas storage facilities. The company has agreed to be acquired by NUI, a New Jersey-based gas utility, in a deal worth $22 million.

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 11.00
1-Yr. Sales Growth: 34.1%
Employees: 55
Revenue per employee: $200,000.00

 KEY PEOPLE
• Michael L. Edwards
    CEO
• William L. Clear
    CFO

 CONTACT INFO
200 East Main Street
Abingdon , VA 24210
US
Phone: 540-676-2380
Fax: 540-619-5230

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