| Business Summary | | Equity
Oil
Company
is
an
independent
oil
and
gas
exploration
and
production
company.
Equity
is
also
a
50%
shareholder
in
Symskaya
Exploration,
Inc.,
a
company
that
is
licensed
to
operate
in
Russia.
The
Company
produces
crude
oil
and
natural
gas.
Since
1995,
revenues
from
the
sales
of
these
products
have
accounted
for
more
than
90%
of
the
total
revenues
of
the
Company.
Remaining
revenues
have
come
from
other
sources,
including
interest
income
on
invested
funds,
operating
overhead
reimbursements,
and
the
sales
of
various
developed
and
undeveloped
properties. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Equity
Oil
Company
is
engaged
in
oil
and
gas
exploration,
development,
and
production
in
the
United
States,
Canada,
and
Russia.
For
the
six
months
ended
6/30/01,
total
revenues
rose
14%
to
$13.7
million.
Net
income
rose
43%
to
$3.4
million.
Revenues
reflect
increased
oil
and
gas
revenues
due
to
higher
commodity
prices
in
the
industry.
Earnings
also
benefited
from
a
reduction
in
3-D
seismic
and
interest
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Douglas Brandrup, 60 Chairman
of Directors | -- | -- | Paul Dougan, 63 Pres
and CEO | $324K | -- | James Larson, 39 VP
- Operations | 159K | -- | David Donegan, 45 VP,
Corp. Devel. | -- | -- | Russell Florence, 39 Sec.,
Treasurer, Controller | 101K | $3.9K | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|