| Business Summary | | King
Resources
Inc.,
formerly
ARXA
International
Energy,
Inc.,
is
an
independent
oil
and
gas
company
engaged
in
the
acquisition,
exploration,
development
and
production
of
oil
and
gas
properties
in
the
United
States.
King
is
engaged
in
oil
and
gas
exploration,
development,
and
operations
in
Louisiana,
Mississippi,
and
Texas.
As
of
October
31,
2000,
the
Company
does
not
operate
any
oil
and
gas
properties;
however,
the
Company
is
in
the
process
of
negotiating
the
acquisition
of
160,000
miles
of
seismic
data.
Once
this
acquisition
is
completed,
the
Company
will
be
in
a
position
to
propose
a
new
drilling
program
so
as
to
enhance
the
Company's
future
value. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | King
Resources,
Inc.
is
an
independent
oil
and
gas
company
engaged
in
the
acquisition,
exploration,
development
and
production
of
oil
and
gas
properties
in
the
United
States.
For
the
six
months
ended
4/30/01,
revenues
totaled
$0,
down
from
$12
thousand.
Net
loss
decreased
75%
to
$50
thousand.
Revenues
reflect
the
suspension
of
production.
Lower
loss
reflects
a
decrease
in
S/G/A
expenses
due
to
lower
payroll
and
office
overhead
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Norris Harris, 67 Chairman,
Pres, CEO | -- | Jack Durland, Jr., 62 CFO,
VP, Director | $40K | Jonathan Harris, 30 VP,
Director | 36K | Dollar amounts are as of 31-Oct-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
|
|