| Business Summary | | Interline
Resources
Corporation
engages
in
two
business
segments,
oil
and
gas
refining
and
distribution
and
used
oil
refining.
Through
its
subsidiary,
Interline
Energy
Services,
Inc.,
the
Company
is
engaged
in
natural
gas
gathering
and
processing,
crude
oil
gathering,
fractionation,
marketing
of
natural
gas
liquids
and
oil
and
gas
production.
The
gas
is
processed
and
fractionated
into
its
constituent
natural
gas
liquid
products
and
remaining
residue
gas.
Residue
gas
is
sold
into
an
interstate
pipeline,
and
the
natural
gas
liquid
products
are
sold
to
both
end
users
and
other
refineries
for
further
refinement.
Through
its
subsidiary,
Interline
Hydrocarbons,
Inc.,
the
Company
owns
and
operates
a
technology
that
refines
various
types
of
used
oils,
producing
a
usable
product. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Interline
Resources
Corporation,
through
its
subsidiaries,
primarily
engages
in
natural
gas
processing
and
gathering,
crude
oil
gathering,
fractionation,
marketing
of
natural
gas
liquids,
and
oil
and
gas
production.
For
the
three
months
ended
3/31/01,
revenues
fell
3%
to
$1.3
million.
Net
loss
totalled
$128
thousand,
up
from
$52
thousand.
Revenues
reflect
decreased
processing
fees.
Higher
loss
suffered
from
increased
interest
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Michael Williams, 48 Chairman,
CEO | $144K | Brice Bergquist Pres,
COO | -- | Mark Holland, 43 CFO,
Controller, Director | -- | Laurie Evans, 35 Director
and VP of Marketing, Interline Energy Services | -- | 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
|
|