| Business Summary | | Lone
Star
International
Energy,
inc.
is
engaged
in
the
production
and
sale
of
oil
and
gas.
Principal
products
are
crude
oil
and
natural
gas,
which
are
sold
to
various
purchasers,
including
pipeline
companies
that
service
the
areas
in
which
the
producing
wells
are
located.
Until
1997,
the
Company
served
as
operator
for
most
of
the
oil
and
gas
properties
in
which
it
owns
an
interest.
The
Company
may
enter
into
farm-out,
joint
venture,
drilling
participation,
limited
partnership
or
any
other
suitable
arrangement
with
respect
to
developing
its
properties
and
acquiring
additional
properties. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Lone
Star
International
Energy,
Inc.
is
engaged
in
the
production
and
sale
of
crude
oil
and
natural
gas.
For
the
nine
months
ended
9/98,
total
revenues
fell
31%
to
$240
thousand.
Net
loss
increased
16%
to
$2.4
million.
Revenues
reflect
the
result
of
the
Company
selling
it's
interest
in
the
Texas
oil
and
gas
properties
and
a
decrease
in
oil
prices.
Higher
loss
was
partially
offset
by
lower
production
costs
and
a
decrease
in
general
and
administrative
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1997 Pay | |
| Cecil Justice, 42 Chairman
and CEO | $356K | Richard Baker, 67 Pres
and COO | -- | Michael Herrington, 34 CFO
and Treasurer | 157K | Calvin Cline, 44 Pres-
Energy Reclaim Refrigeration, Inc. | 252K | Don Pyles, 47 Sr.
VP, Gen. Counsel, Corp. Sec. | 188K | Dollar amounts are as of 31-Dec-1997 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
|
|