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Home > Company Index > Energy > Oil & Gas Exploration & Production > Benton Oil and Gas Company

Benton Oil and Gas Company
NYSE: BNO
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 PROFILE
Benton Oil and Gas is bent on making money by exploring for oil and gas in regions that others see as too risky -- either politically or logistically. The independent oil and gas company's principal exploration and production work takes place in Venezuela and Russia, where it has proved reserves of 172 million barrels of oil equivalent. It operates through its 80%-owned Venezuelan unit, Benton-Vinccler, and two Siberian ventures, 34%-owned Geoilbent and 60%-owned Arctic Gas. Benton Oil and Gas also has projects in China, Jordan, and the US. Russian-born founder A. E. Benton has resigned as CEO and director, and the firm is seeking a buyer for the company or some of its assets.

 COMPETITION
Exxon Mobil Corporation (XOM)
Royal Dutch/Shell Group (dossier)
OAO Siberian Oil Company (SBKYY)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 140.30
1-Yr. Sales Growth: 37.5%
Employees: 926
Revenue per employee: $151,511.88

 KEY PEOPLE
• Peter J. Hill
    CEO
• Steven W. Tholen
    CFO

 CONTACT INFO
6267 Carpinteria Ave., Ste. 200
Carpinteria, CA 93013
US
Phone: 805-566-5600
Fax: 805-566-5610
Online: Web Site

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