| Business Summary | | Vintage
Petroleum,
Inc.
is
an
independent
energy
company
with
operations
primarily
in
the
exploration
and
production,
gas
marketing
and
gathering
segments
of
the
oil
and
gas
industry.
At
December
31,
2000,
the
Company
owned
and
operated
producing
properties
in
11
states
in
the
United
States,
with
its
domestic
proved
reserves
located
primarily
in
four
core
areas:
the
Gulf
Coast,
east
Texas,
mid-continent
and
west
coast
areas
of
the
United
States.
In
addition,
the
Company
has
international
core
areas
located
in
Argentina,
Bolivia
and
Ecuador.
As
of
December
31,
2000,
the
Company's
properties
had
proved
reserves
of
489.1
MMBOE,
comprised
of
318.6
MMBbls
of
oil
and
one
Tcf
of
gas. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Vintage
Petroleum,
Inc.
is
an
independent
oil
and
gas
company
focused
on
the
acquisition
of
oil
and
gas
properties
which
contain
the
potential
for
increased
value
through
exploitation
and
exploration.
For
the
six
months
ended
6/30/01,
total
revenues
increased
66%
to
$527.4
million.
Net
income
before
accounting
change
increased
84%
to
$122.9
million.
Results
reflect
the
increase
in
average
oil
and
gas
selling
prices,
higher
production
levels
and
improved
margins. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Charles Stephenson, Jr., 64 Chairman | $200K | -- | S. Craig George, 48 Pres,
CEO | 447K | $1.2M | William Barnes, 46 Exec.
VP, CFO, Treasurer, Sec. | 374K | -- | William Abernathy, 49 Exec.
VP, COO, Director | 301K | -- | William Dozier, 48 Sr.
VP- Operations | 260K | -- | 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
|
|