| Business Summary | | Hurricane
Hydrocarbons
Ltd.
is
an
international
energy
corporation
engaged
in
the
exploration,
development,
production,
acquisition,
refining
and
marketing
of
oil
and
refined
products
in
the
Republic
of
Kazakhstan.
The
company
has
been
involved
in
joint
ventures
in
Kazakhstan
since
1991
and
participated
in
the
country's
first
major
oil
and
gas
privatization
in
November
1996.
As
of
January
1,
2001,
Hurricane
owns
proved
plus
probable
reserves
that
have
been
independently
assessed
at
487
million
barrels.
Production
of
sweet,
light
crude
is
sold
both
into
the
export
market
and
domestically
in
Kazakhstan.
Future
exports
to
other
locations
are
being
investigated
and
pursued. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Hurricane
Hydrocarbons
is
an
independent
international
energy
company
engaged
in
the
exploration
for
and
the
development
of
oil
and
natural
gas
in
the
Republic
of
Kazakhstan.
For
the
six
months
ended
6/30/01,
revenues
rose
45%
to
$314.1
million.
Net
income
applicable
to
Common
totalled
$99.8
million,
up
from
$46.3
million.
Revenues
reflect
higher
average
production
volumes.
Net
income
reflects
the
absence
of
waiver
fees
and
debt
restructuring
costs. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Bernard Isautier, 58 | Chairman,
Pres, CEO | Keith Lough | CFO,
Sr. VP-Fin. | Christian Cleret | Sr.
VP of Refining, Marketing and Trading | Michael Azancot | Sr.
VP, Exploration and Devel. | Ihor Wasylkiw | VP
of Investor Relations |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|