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Home > Company Index > Energy > Oil & Gas Exploration & Production > CREDO Petroleum Corporation
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CREDO Petroleum Corporation |
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PROFILE |
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CREDO Petroleum believes strongly in fossil fuels: It explores for, produces, and markets natural gas and crude oil in the US Midcontinent and Rocky Mountain regions. Concentrating on shallow and medium-depth properties (7,000-10,000 ft.), CREDO Petroleum owns working interests in more than 460 producing wells and operates 80 of the wells. The company has proved reserves of 9.7 billion cu. ft. of gas equivalent. Subsidiary United Oil operates the company's properties in Oklahoma, and CREDO's other subsidiary, SECO Energy, owns royalty interests in the Rocky Mountains. CREDO is focusing on developing new fluid lift technology and buying oil and gas properties. Company president James Huffman owns 15% of CREDO.
COMPETITION |
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Apache Corporation (APA)
Barrett Resources Corporation (BRR)
Chesapeake Energy Corporation (CHK)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
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FINANCIAL OVERVIEW |
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Fiscal Year-End: October
2000 Sales (mil.): 3.40
1-Yr. Sales Growth: 6.2%
Employees: 9
Revenue per employee: $377,777.78
KEY PEOPLE |
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James T. Huffman
CEO
John A. Alsko
CFO
CONTACT INFO |
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1801 Broadway, Ste. 900
Denver, CO 80202
US
Phone: 303-297-2200
Fax: 303-297-2204
Online: Web Site
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