| Business Summary | | Wyoming
Oil
&
Minerals,
Inc.
(Wyoming
Oil)
is
engaged
in
the
exploration,
production
and
sale
of
oil
and
gas.
The
Company
was
organized
primarily
to
hold
and
develop
state
and
fee
coal
leases
and
secondarily
to
acquire
oil
and
gas
properties
and
explore
for,
develop
and
produce
oil
and
gas.
As
the
Company
evolved,
its
emphasis
shifted
from
holding
and
developing
coal
leases
to
acquiring
oil
and
gas
leases
and
production.
As
of
the
date
of
this
report,
the
Company's
coal
properties
have
all
been
sold
or
dropped.
The
Company
intends
to
locate
and
purchase
oil
and
gas
properties
or
purchase
or
lease
valuable
oil
and
gas
prospects
or
mineral
deposits. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Wyoming
Oil
and
Minerals
Inc.
engages
principally
in
the
exploration,
development,
and
production
of
oil
and
gas
which
is
primarily
located
in
Wyoming.
For
the
three
months
ended
5/31/01,
revenues
fell
34%
to
$79
thousand.
Net
loss
totalled
$80
thousand,
up
from
$38
thousand.
Revenues
reflect
a
decrease
in
the
volume
of
production
due
to
workovers
and
breakdowns
on
some
of
the
major
wells.
Higher
loss
reflects
costs
associated
with
unexpected
mechanical
and
production
problems. | More
from
Market Guide: Significant
Developments |
| | | Michael
D. Herman,
Chmn./CEO/Treas./Secy. Jack
C. Bradley
Jr.,
Pres. | More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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