| Business Summary | | Vector
Energy
Corporation
is
primarily
engaged
in
the
acquisition,
development,
production
and
exploration
of
oil
and
natural
gas
properties
in
the
United
States.
The
Company's
properties
include
the
Lisbon
Properties,
which
consist
of
oil
and
gas
working
interests
in
eleven
wells
and
leases
in
eight
fields
located
in
Gregg
and
Harrison
Counties,
Texas
and
Claiborne,
Lincoln,
Webster
and
Bossier
Parishes,
Louisiana;
the
East
Westbrook
Properties,
which
consist
of
approximately
a
98%
working
interest
in
980
acres
in
Mitchell
County,
Texas;
the
Old
Vector
Properties,
which
consist
of
non-operated
working
and
royalty
interests
in
approximately
eighty
wells
and
units
located
primarily
in
Oklahoma
and
Kansas;
the
Texas
Energy
&
Environmental,
Inc.
properties,
which
consist
of
fourteen
wells
located
in
Oklahoma,
Texas
and
Louisiana;
and
the
Mustang
Island
Block,
which
is
located
in
the
Offshore
Texas,
Mustang
Island
Area. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Vector
Energy
Corporation,
through
its
wholly-owned
subsidiary,
Vector
Exploration,
Inc.,
is
involved
in
the
exploration,
development
and
production
of
oil
and
gas.
For
the
nine
months
ended
1/31/01,
revenues
rose
85%
to
$1.6
million.
Net
loss
fell
73%
to
$1.5
million.
Revenues
reflect
the
acquisition
of
oil
and
gas
wells
located
in
Oklahoma,
Texas
and
Louisiana.
Lower
loss
was
partially
offset
by
an
increased
general
and
administrative
expense
as
a
percentage
of
sales. | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Samuel Skipper, 42 Chairman
and CEO | $76K | Stephen Noser, 55 Pres,
Sec., Assistant Treasurer | 76K | Randal McDonald, Jr., 44 CFO,
Treasurer and Assistant Sec. | 75K | Dollar amounts are as of 30-Apr-2001 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
|
|