| Business Summary | | Hadro
Resources
Inc.
is
a
natural
resource
exploration
company
engaged
in
the
acquisition,
exploration
and
development
of
oil
and
natural
gas
properties.
The
Company
has
Leasehold
Interests,
which
include
a
total
of
35
oil
and
gas
leases
located
in
the
Hadrosaurus
Area
of
Union
County,
New
Mexico.
The
Leasehold
Interests
are
as
follows:
28
State
of
New
Mexico
leases
covering
an
approximate
total
of
6,174.23
acres;
two
Federal
leases
covering
an
approximate
total
of
2,323.33
acres;
and
five
State
of
New
Mexico
leases
covering
an
approximate
total
of
1,252.04
acres. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Hadro
Resources,
Inc.
is
a
natural
resource
exploration
company
engaged
in
the
acquisition,
exploration
and
development
of
oil
and
natural
gas
properties
in
New
Mexico
and
Colorado.
For
the
three
months
ended
3/31/01,
there
were
no
operating
revenues
generated
due
the
exploration
stage
status.
Net
loss
totalled
$107
thousand,
up
from
$18
thousand.
Higher
loss
reflects
an
increase
in
general
and
administrative
expenses
related
to
the
exploration
of
oil
and
gas
properties. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Grant Atkins | Chairman,
Pres | Marilyn Rafter, 47 | Sec.,
Treasurer |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|