| Business Summary | | Basic
Earth
Science
Systems,
Inc.
is
principally
engaged
in
the
acquisition,
exploitation,
development,
operation
and
production
of
crude
oil
and
natural
gas.
The
Company's
primary
areas
of
operation
are
the
Williston
basin
in
North
Dakota
and
Montana,
south
Texas
and
the
Denver-Julesburg
basin
in
Colorado.
The
Company
is
engaged
only
in
the
upstream
segment
of
the
oil
and
gas
industry,
which
comprises
exploration,
production,
operations
and
development.
The
Company
has
no
gathering,
transportation,
refining
or
marketing
functions. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Basic
Earth
Science
Systems,
Inc.
is
engaged
in
the
acquisition,
exploitation,
development,
operation
and
production
of
crude
oil
and
natural
gas.
For
the
three
months
ended
6/30/01,
total
revenues
increased
14%
to
$726
thousand.
Net
income
increased
19%
to
$130
thousand.
Revenues
reflect
higher
oil
and
gas
prices
and
increased
volume.
Net
income
also
reflects
decreased
operating
expenses
as
a
percentage
of
sales. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Ray Singleton, 49 Pres,
CEO, Treasurer, Director | $60K | David Flake, 45 CFO,
Director | -- | Dollar amounts are as of 31-Mar-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
|
|