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Home > Company Index > Energy > Oil & Gas Exploration & Production > Chaparral Resources, Inc.

Chaparral Resources, Inc.
Nasdaq (SC): CHAR
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symbol:
     
 NEWS FROM THE WIRES
Chaparral Resources deslisted, may lose only oil field
Aug 09 2001 10:20 AM PDT

More WIRE STORIES about this company

 PROFILE
It's not the high chaparral of the US but the deserts of Central Asia that are the focus of Chaparral Resources, an independent oil and gas exploration and production firm that is pursuing oil and gas projects in Kazakhstan. The company has proved reserves of 16.5 million barrels of oil. It sold its US exploration and production interests to enter a joint venture, Karakuduk-Munay (KKM), with Kazakhstan's state-owned oil company (KazakhOil) and other Kazakh companies. Chaparral serves as operator for KKM, which has rights to develop the Karakuduk field. Chaparral Resources has received a $24 million loan from Shell Capital. Major shareholders in Chaparral include Allen & Company and Whittier Ventures.

 COMPETITION
American International Petroleum Corporation (AIPN)
Exxon Mobil Corporation (XOM)
OAO LUKOIL (LUKOY)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 0.10
1-Yr. Sales Growth: 0.0%
Employees: 7
Revenue per employee: $14,285.71

 KEY PEOPLE
• John G. McMillian
    CEO
• Michael B. Young
    CFO

 CONTACT INFO
16945 Northchase Dr., Ste. 1620
Houston, TX 77060
US
Phone: 281-877-7100
Fax: 281-877-0985
Online: Web Site

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