PROFILE |
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It may sound like a law firm, but Belden & Blake is in fact an energy company that obeys the laws of supply and demand in the oil and gas market. It acquires properties, explores for and develops oil and gas reserves, and gathers and markets natural gas in the Appalachian and Michigan Basins. Belden & Blake has interests in more than 6,330 wells, holds leases on some 878,000 net acres, and owns and operates more than 1,740 miles of gas gathering lines. The company has proved reserves of 235.2 billion cu. ft. of gas equivalent. Private investment partnership Texas Pacific Group owns the company.
COMPETITION |
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Cabot Oil & Gas Corporation (COG)
Quicksilver Resources Inc. (KWK)
Range Resources Corporation (RRC)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 117.90
1-Yr. Sales Growth: (13.2)%
Employees: 393
Revenue per employee: $300,000.00
KEY PEOPLE |
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John L. Schwager
CEO
Robert W. Peshek
CFO
CONTACT INFO |
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5200 Stoneham Rd.
North Canton, OH 44720
US
Phone: 330-499-1660
Fax: 330-497-5463
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