| Business Summary | | United
States
Exploration,
Inc.
(US
Exploration)
is
an
independent
producer
of
oil
and
natural
gas.
The
Company's
principal
oil
and
gas
properties
are
located
in
the
Wattenberg
area
of
the
Denver-Julesburg
Basin
in
northeastern
Colorado.
The
Company
also
holds
smaller
interests
in
Kansas
and
operates
natural
gas
gathering
systems
located
near
certain
of
its
Kansas
properties.
US
Exploration
operates
81
of
the
Colorado
wells
in
which
it
owns
an
interest
and
all
of
the
Kansas
wells
in
which
the
Company
owns
an
interest. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | United
States
Exploration
is
an
independent
producer
of
oil
and
natural
gas,
whose
principal
properties
are
located
in
northeastern
Colorado.
The
Company
also
holds
smaller
interests
in
Kansas
and
Oklahoma
and
operates
gas
gathering
systems.
For
the
six
months
ended
6/30/01,
revenues
totaled
$13.5
million,
up
from
$5.3
million.
Net
income
applicable
to
Common
before
extraordinary
item
totaled
$7
million
vs.
a
loss
of
$739
thousand.
Results
reflect
higher
volumes
and
asset
sale
gains. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Bruce Benson, 61 Chairman,
CEO and Pres | $117K | F. Michael Murphy, 58 CFO,
VP and Sec. | 158K | Kenton Scroggs, 47 VP
- Fin. | -- | Murray Brooks, 57 VP-Operations | 146K | Shirley Kovar, 50 VP-Land | -- | Dollar
amounts are as of 31-Dec-1999 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
|
|