| Business Summary | | Exploration
Company
of
Delaware
Inc.
is
primarily
focused
on
oil
and
gas
exploration
and
production.
Throughout
2000,
the
Company
has
been
actively
developing
its
core
mineral
interests
in
the
Maverick
Basin
in
South
Texas,
while
evaluating
its
economic
alternatives
related
to
its
remaining
properties
in
the
Williston
Basin
in
North
Dakota,
South
Dakota
and
Montana.
These
activities
included
participation
in
the
drilling
or
recompletion
of
26
gas
wells
in
South
Texas
during
2000,
and
one
well
in
the
Williston
Basin.
The
Company's
strategy
remains
focused
on
its
core
gas
producing
and
exploration
activities
in
the
Maverick
Basin. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | The
Exploration
Company
of
DE
is
engaged
in
the
exploration,
development
and
production
of
oil
and
natural
gas
properties.
TXCO's
oil
and
gas
operations
are
located
primarily
in
Taxes,
North
Dakota
and
Montana.
For
the
six
months
ended
6/30/01,
revenues
rose
72%
to
$9.7
million.
Net
income
totaled
$2.7
million,
up
from
$1.3
million.
Results
reflect
increased
gas
prices
realized
during
the
current
period
and
increased
interest
income. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Stephen Gose, Jr., 71 Chairman | -- | James Sigmon, 52 Pres,
CEO | $364K | Roberto Thomae, 50 CFO,
Sec., Treasurer, VP-Fin. | 108K | Richard Sartor, 48 Controller | -- | Thomas Gose, 45 Assistant
Sec. | -- | 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
|
|