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Home > Company Index > Energy > Oil & Gas Exploration & Production > Fan Energy Inc.

Fan Energy Inc.
 PROFILE
Fan Energy is hoping that the you-know-what doesn't hit the fan. The early-stage energy exploration firm focuses on acquiring oil and gas properties in the US and Canada. The company has a 20% stake in a 5,760-acre prospect in the Green River Basin in Wyoming, and a 25% stake in two exploratory prospects in California's Sacramento Basin. Relying on 3-D seismic data for its California prospects (25,500 acres), Fan Energy has participated in five exploratory wells, and only one has proved to be productive. The firm has decided to sell the California prospects and look for other opportunities. An oil industry veteran with more than three decades of experience, chairman George Fancher Jr. owns 24% of Fan Energy.

 COMPETITION
Barrett Resources Corporation (BRR)
Chevron Corporation (CHV)
Kestrel Energy, Inc. (KEST)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 0.20
Employees: 4
Revenue per employee: $50,000.00

 KEY PEOPLE
• William E. Grafham
    CEO
• Scott Donze
    CFO

 CONTACT INFO
1801 Broadway, Ste. 720
Denver, CO 80202
US
Phone: 303-296-6600
Fax: 303-296-2433

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