| Business Summary | | Dorchester
Hugoton,
Ltd.
(the
Partnership)
owns
operating
assets
that
consist
of
working
interests
and
support
facilities
for
properties
that
produce
natural
gas
from
the
Hugoton
gas
field
in
Kansas
and
Oklahoma.
All
of
the
Partnership's
working
interest
wells
(except
for
Kansas
infill
wells
and
Oklahoma
replacement
and
Fort
Riley
wells)
were
drilled
and
have
been
producing
since
prior
to
1954. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Dorchester
Hugoton,
Ltd.
is
a
producer
of
natural
gas
whose
principal
operating
assets
consist
of
working
interests
and
support
facilities
for
127
natural
gas
wells
in
the
Guymon-Hugoton
field
in
OK
and
20
wells
in
Hugoton
field
in
KS.
For
the
six
months
ended
6/30/01,
net
revenues
rose
89%
to
$18.4
million.
Net
income
applicable
to
Limited
Partners
totaled
$13.9
million,
up
from
$6
million.
Results
reflect
increased
natural
gas
sales
prices
and
higher
operating
margins. | More
from
Market Guide: Significant
Developments |
| Officers | | Preston
Peak,
Pres. James
E. Raley,
Pres. Kathleen
A. Rawlings,
Contr. | More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|