| Business Summary | | PetroCorp
Incorporated
is
an
independent
energy
company
engaged
in
the
acquisition,
exploration
and
development
of
oil
and
gas
properties,
and
in
the
production
of
oil,
natural
gas
liquids
and
natural
gas
in
North
America.
The
Company's
activities
are
conducted
principally
in
the
states
of
Oklahoma,
Texas,
Mississippi,
Louisiana
and
Kansas,
and
in
the
province
of
Alberta,
Canada.
At
December
31,
2000,
the
Company's
proved
reserves
totaled
4.2
MMBbls
of
oil
and
75.3
Bcf
of
natural
gas
and
had
an
estimated
pretax
present
value
of
future
net
revenues
(PV-10)
of
$410.3
million.
On
a
Mcfe
basis,
approximately
75%
of
the
Company's
proved
reserves
were
natural
gas
at
such
date. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PetroCorp
Inc.
is
engaged
in
the
acquisition,
exploration
and
development
oil
and
gas
properties,
and
in
the
production
of
oil
and
natural
gas
in
North
America.
For
the
six
months
ended
6/30/01,
net
revenues
rose
57%
to
$26.5
million.
Net
income
before
extraordinary
items
totaled
$8.8
million,
up
from
$4.1
million.
Revenues
reflect
commodity
price
increases
and
increased
wells
due
to
the
merger
with
Southern
Mineral.
Net
income
also
reflects
higher
operating
efficiencies. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Lealon Sargent, 71 | Chairman | Gary Christopher, 51 | Pres,
CEO | Steve Berlin, 57 | CFO,
Treasurer, Sec., Director | Richard Dunham, 48 | Sr.
VP, Operations and Engineering | Ted Jacobson, 60 | VP-Operations |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|