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  September 5, 2001
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Home > Company Index > Energy > Oil & Gas Refining & Marketing > Castle Energy Corporation

Castle Energy Corporation
Nasdaq: CECX
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 PROFILE
New World meets the Old World as Castle Energy explores for and produces oil and natural gas in the US and Romania. Castle Energy has interests in almost 600 oil and gas wells in 11 US states; it has proved reserves of 44.3 billion cu. ft. of natural gas and about 4.7 million barrels of crude oil. The company also has a 50% interest in more than 3 million undeveloped acres in Romania. Castle Energy has increased its production by more than 400% after buying interests in about 180 oil and gas properties in eight US states from AmBrit Energy. Company founder and CEO Joseph Castle and his wife Sally control 24% of the company.

 COMPETITION
Belco Oil & Gas Corp. (BOG)
Devon Energy Corporation (DVN)
Exxon Mobil Corporation (XOM)

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 FINANCIAL OVERVIEW
Fiscal Year-End: September
2000 Sales (mil.): 18.00
1-Yr. Sales Growth: (68.6)%
Employees: 28
Revenue per employee: $642,857.14

 KEY PEOPLE
• Joseph L. Castle
    CEO
• Richard E. Staedtler
    CFO

 CONTACT INFO
One Radnor Corporate Center
Radnor, PA 19087
US
Phone: 610-995-9400
Fax: 610-995-2477

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