| Business Summary | | Castleguard
Energy,
Inc.
is
an
independent
energy
company
engaged
in
the
exploration
for,
and
the
acquisition,
development,
exploitation
and
operation
of,
crude
oil
and
natural
gas
properties
in
North
America.
Through
acquisitions
and
leases,
the
Company
acquires
interests
in
land
and
producing
properties.
The
Company
drills
upon
these
properties
and/or
has
working
interests
in
oil
or
gas
wells
on
them,
in
efforts
to
discover
and/or
to
produce
oil
and
gas.
The
Company's
activities
are
conducted
principally
in
Louisiana,
Texas
and
Alabama.
At
December
31,
2000,
the
Company
owned
interests
in
five
gross
gas
wells
(.665
net)
and
two
gross
oil
wells
(.18
net).
At
the
same
date,
the
Company's
total
proved
reserves
were
13,752
Bbls
of
crude
oil
and
1,709,331
Mcf
of
natural
gas. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Castleguard
Energy,
Inc.
is
an
independent
energy
company
engaged
in
the
exploration
for
and
the
acquisition,
development,
exploitation
and
operation
of
crude
oil
and
natural
gas
properties,
principally
in
TX,
LA
and
AL.
For
the
six
months
ended
6/30/01,
revenues
totaled
$785
thousand,
up
from
$115
thousand.
Net
income
totaled
$349
thousand,
up
from
$20
thousand.
Results
reflect
increased
gas
sales
from
the
Company's
working
interests
in
the
Minden
Dome
area
of
Louisiana. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Scott Heape, 51 | Chairman | Bob Honea, 64 | Pres,
Treasurer, Sec., Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|