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Home > Company Index > Energy > Oil & Gas Exploration & Production > CanArgo Energy Corporation

CanArgo Energy Corporation
OTC: GUSH
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 PROFILE
CanArgo make a go of it? Apparently so. CanArgo Energy Corporation, formerly Fountain Oil, is an independent oil and gas company that primarily acquires, develops, and exploits gas and oil properties in Eastern Europe. The main focus of CanArgo Energy is the Ninotsminda field in the Republic of Georgia, where the company's Ninotsminda Oil subsidiary operates a production-sharing venture with Georgian Oil. Ninotsminda Oil has proved reserves of more than 9.7 million barrels of oil and 13.5 billion cu. ft. of gas. CanArgo Energy also owns 51% of the Georgian-American Oil Refinery, and has stakes in a service station network in Georgia.

 COMPETITION
Eni S.p.A. (E)
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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 7.10
1-Yr. Sales Growth: 156.4%
Employees: 120
Revenue per employee: $59,166.67

 KEY PEOPLE
• David Robson
    CEO
• Anthony J. Potter
    CFO

 CONTACT INFO
150 Buckingham Palace Rd.
London SW1W 9TR, United Kingdom
Phone: 44-20-7808-4700
Fax: 44-20-7808-4747
Online: Web Site

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