| Business Summary | | Aspen
Exploration
Corporation
was
incorporated
for
the
primary
purpose
of
acquiring,
exploring
and
developing
oil
and
gas
and
other
mineral
properties.
The
Company's
wholly-owned
subsidiary,
Aspen
Gold
Mining
Company,
is
currently
inactive.
Aspen's
major
emphasis
has
been
on
its
participation
in
the
oil
and
gas
segment,
acquiring
interests
in
producing
oil
or
gas
properties,
and
participating
in
drilling
operations.
It
has
acquired
a
number
of
interests
in
oil
and
gas
properties
in
California. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ASPN
is
engaged
in
the
business
of
acquiring
and
developing
interests
in
domestic
oil
and
gas
properties
and
uranium
and
other
mineral
properties.
For
the
nine
months
ended
3/31/01,
revenues
totaled
$2.9
million,
up
from
$965
thousand.
Net
income
totaled
$1.9
million,
up
from
$221
thousand.
Revenues
reflect
increased
natural
gas
production
and
increased
gas
and
oil
prices.
Higher
income
also
reflects
lower
depreciation
expenses
and
the
absence
of
a
$45
thousand
Aspen
Power
Systems
cost. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| R. Bailey, 68 Pres,
Treasurer | $124K | Robert Cohan, 44 VP,
Sec. | 108K | Dollar amounts are as of 30-June-2000 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
|
|