| Business Summary | | Cheniere
Energy,
Inc.
is
engaged
in
oil
and
gas
exploration,
development
and
exploitation.
The
Company
evaluates
and
generates
drilling
prospects
using
a
regional
and
integrated
approach
with
a
large
seismic
database
as
a
platform.
The
Company's
current
oil
and
gas
exploration
and
development
activities
are
focused
on
two
areas:
the
Cameron
Project,
which
covers
an
area
extending
roughly
three
to
five
miles
on
either
side
of
the
westernmost
28
miles
of
Louisiana
coastline;
and
the
Offshore
Texas
Project
Area,
which
covers
approximately
6,800
square
miles
in
the
shallow
waters
offshore
Texas.
Substantial
infrastructure
along
the
Gulf
Coast
and
in
the
shallow
Gulf
of
Mexico
should
permit
Cheniere
to
lower
its
development
costs
compared
to
those
in
other
geographic
regions
and
facilitate
timely
development
of
oil
and
gas
discoveries. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Cheniere
Energy
is
engaged
in
the
exploration,
development
and
exploitation
of
oil
and
gas
fields
along
the
Gulf
Coast
of
Louisiana,
onshore
and
in
the
shallow
waters
of
the
Gulf
of
Mexico.
For
the
six
months
ended
6/30/01,
revenues
fell
40%
to
$1.7
million.
Net
loss
totalled
$4.7
million,
vs.
an
income
of
$56
thousand.
Results
reflect
decreased
production
in
the
Company's
two
wells
and
$2.2
million
in
ceiling
test
write
down
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Charif Souki, 48 Chairman | $220K | Charles Reimer, 56 Pres,
CEO, Director | 60K | Walter Williams, 73 Vice
Chairman | 128K | Don Turkleson, 46 CFO,
Sec., Treasurer, VP | 112K | Keith Carney, 44 Exec.
VP - Bus. Devel. | 112K | 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.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|