| Business Summary | | Empiric
Energy,
Inc.
is
an
independent
oil
and
gas
exploration
and
production
company
with
leasehold
properties
in
the
Hugoton
Panhandle
Field,
Jefferson
Davis
Parish,
Louisiana,
Pennsylvania
and
South
Texas.
The
Company
has
interests
in
oil
and
gas
leases
and
wells
in
the
South
Thornwell
Field
located
in
Jefferson
Davis
Parish,
Louisiana,
the
Panhandle
Field
of
Texas,
primarily
in
Moore
and
Potter
Counties,
and
in
Zavala
and
Frio
Counties,
Texas,
as
well
as
in
Indiana
and
Westmoreland
Counties,
Pennsylvania.
The
Company
is
also
actively
seeking
the
acquisition
of
additional
producing
and
non-producing
oil
and
gas
leases
directly
or
through
the
acquisition
of
or
business
combinations
with
all
or
a
portion
of
energy-related
companies
or
properties. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Empiric
Energy,
Inc.
is
an
independent
oil
and
gas
company
engaged
in
the
acquisition,
operation
and
development
of
oil
and
gas
properties,
located
in
Texas,
Mississippi
and
Pennsylvania.
For
the
six
months
ended
6/30/01,
revenues
totalled
$167
thousand,
up
from
$84
thousand.
Net
loss
fell
63%
to
$172
thousand.
Revenues
reflect
higher
production
volumes
from
the
South
Texas
properties.
Lower
loss
reflects
decreased
interest
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| James Ling, 78 Chairman,
CEO, acting Chief Financial Officer | $120K | 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
|
|