| Business Summary | | Indo-Pacific
Energy
Ltd.
is
an
oil
and
gas
exploration
company.
The
Company
is
involved
in
the
development
and
production
of
hydrocarbons.
Except
for
the
Company's
interest
in
Petroleum
Mining
Permit
(PMP)
38148,
the
Company's
petroleum
permits
are
in
the
exploration
stage
and
do
not
generate
any
production
revenues.
The
Company's
focus
is
on
the
acquisition,
exploration
and
development
of
properties
in
the
Austral-Pacific
region.
In
January
2000,
the
Company
announced
that
it
had
entered
into
a
letter
of
intent
to
acquire
all
the
exploration
permit
interests
of
Trans-Orient
Petroleum
Ltd. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Indo-Pacific
Energy
Ltd.
is
a
Canadian-based
energy
company
engaged
in
the
acquisition,
exploration
and
development
of
petroleum
and
natural
gas
properties
located
in
the
Austral-Pacific
region.
For
the
three
months
ended
3/31/01,
total
revenues
totaled
$402
thousand,
up
from
$198
thousand.
Net
income
totaled
$87
thousand
vs.
a
loss
of
$78
thousand.
Results
reflect
increased
oil
and
gas
sales
from
the
New
Zealand
operations
and
the
absence
of
securities
write-downs. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| David McDonald Chairman | -- | David Bennett, 54 Pres,
CEO, Director | $61K | Mark Katsumata, 34 Sec. | -- | Dollar
amounts are as of 31-Dec-1999 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
|
|