| Business Summary | | Venus
Exploration,
Inc.
is
an
independent
oil
and
gas
exploration
and
development
company.
The
Company
acquires
producing
oil
and
gas
properties
onshore
in
the
United
States
and
applies
advanced
geoscience
technology
to
the
exploration
for
and
exploitation
of
undiscovered
reserves.
The
Company
presently
has
oil
and
gas
properties,
acreage
and
production
in
eight
states,
including
Texas,
Louisiana,
Oklahoma
and
Utah.
The
Company's
current
focus
is
the
Expanded
Yegua
Trend
of
the
Upper
Texas
and
Louisiana
Gulf
Coast,
and
the
Cotton
Valley
Trend
of
East
Texas
and
Western
Louisiana. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Venus
Exploration
is
engaged
in
the
application
of
advanced
geoscience
technology
to
the
exploration
for
undiscovered
onshore
oil
and
gas
reserves
in
the
United
States.
For
the
three
months
ended
3/31/01,
revenues
rose
1%
to
$944
thousand.
Net
loss
before
extraordinary
item
totaled
$138
thousand
vs.
a
net
income
of
$245
thousand.
Revenues
reflect
an
increase
in
oil
and
gas
prices.
Loss
reflects
the
absence
of
a
$620
thousand
gain
on
the
sale
of
oil
and
gas
properties. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Eugene Ames, Jr., 67 Chairman
and CEO | $176K | John Ames, 45 Pres,
COO | 180K | P. Mark Stark, 46 CFO | -- | Terry Hardeman, 60 CAO,
Sec., Treasurer | -- | 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
|
|