| Business Summary | | Capco
Energy,
Inc.
(Capco)
is
engaged
in
the
business
of
producing
and
selling
crude
oil
and
natural
gas
in
the
United
States
and
managing
its
investments.
Capco
attempts
to
acquire
developed
and
undeveloped
oil
and
gas
properties
through
the
acquisition
of
leases
and
other
mineral
interests
or
through
the
acquisition
of
companies.
Capco
owns
no
drilling
rigs
and
only
drilled
one
well
in
the
last
several
years.
The
Company's
principal
products
are
crude
oil
and
natural
gas.
Crude
oil
and
natural
gas
are
sold
to
various
purchasers
including
pipeline
companies
that
service
the
areas
in
which
the
Company's
producing
wells
are
located.
Capco
acquires
oil
and
gas
properties
from
landowners,
other
owners
of
interests
in
such
properties,
or
governmental
entities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Capco
Energy,
Inc.
is
an
independent
energy
company
engaged
primarily
in
the
acquisition,
development,
production
for
and
the
sale
of
crude
oil,
gas
and
natural
gas
liquids.
The
Company's
production
activities
are
located
in
the
United
States.
For
the
six
months
ended
6/30/01,
revenues
totaled
$28.6
million,
up
from
$626
thousand.
Net
income
totaled
$4.8
million
vs.
a
loss
of
$1.1
million.
Results
reflect
an
acquisition
and
a
$6.1
million
gain
on
the
sale
of
securities. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Ilyas Chaudhary, 53 Pres,
CEO, Director | $200K | Dennis Staal, 52 CFO,
Director | 150K | Gene Hays, 30 Sec. | 50K | 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
|
|