| Business Summary | | Contour
Energy
Company
is
engaged
in
the
exploration,
development,
acquisition
and
production
of
oil
and
natural
gas.
The
Company's
production
and
development
activities
are
focused
in
the
Vacherie
Salt
Dome
region
of
north
Louisiana,
south
Louisiana
and
the
Gulf
of
Mexico.
Exploration
activities
are
primarily
conducted
in
south
Louisiana,
the
Gulf
of
Mexico
and
south
Texas.
At
December
31,
2000,
proved
oil
and
natural
gas
reserves
totaled
181.5
Bcfe,
of
which
76%
was
natural
gas
and
67%
was
proved
developed. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Contour
Energy
Company
is
engaged
in
the
acquisition,
exploration,
development,
and
production
of
oil
and
natural
gas.
For
the
three
months
ended
3/31/01,
revenues
increased
63%
to
$31.6
million.
Net
income
applicable
to
Common
totaled
$5.7
million,
vs.
a
loss
of
$5.6
million.
Revenues
reflect
an
increase
in
natural
gas
and
crude
oil
production
and
prices.
Net
income
also
reflects
higher
margins
and
lower
depreciation
and
depletion
costs. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
29,441;
after
tax
earnings
were
5,304. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Kenneth Sanders, 51 Pres,
CEO, Director | $210K | Rick Lester, 49 CFO,
Exec. VP, Director | 193K | Keith Jordan VP of Exploration and Land | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|