PROFILE |
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The Cypress Energy tree is branching out. The company develops, produces, and explores for crude oil and natural gas in Western Canada, specifically in its properties in Alberta and Saskatchewan. The company has almost 150 producing oil wells and nearly 160 producing natural gas wells on a net 478,000 acres (five properties in Alberta and one in Saskatchewan). Proven reserves include almost 10 million gallons of oil and natural gas liquids and 166 billion cu. ft. of natural gas. Average daily production is about 3,000 barrels of oil and almost 52 million cu. ft. of gas.
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1999 Sales (mil.): 54.00
Employees: 52
Revenue per employee: $1,038,461.54
KEY PEOPLE |
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Donald F. Archibald
CEO
Randal H. Brockway
CFO
CONTACT INFO |
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2700 Altius Centre, 500 - 4th Ave. SW
Calgary Alberta T2P 2V6, Canada
Phone: 1-403-262-8225
Fax: 1-403-263-7433
Online: Web Site
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