| Business Summary | | Meridian
Resource
Corporation
is
an
independent
oil
and
natural
gas
company
that
explores
for,
acquires
and
develops
oil
and
natural
gas
properties
utilizing
3-D
seismic
technology.
The
Company's
operations
are
focused
on
the
onshore
oil
and
gas
regions
in
south
Louisiana,
the
Texas
Gulf
Coast
and
offshore
in
the
Gulf
of
Mexico.
The
Company
has
focused
its
exploration
strategy
on
prospects
where
large
accumulations
of
oil
and
natural
gas
have
been
found
and
where
it
believes
substantial
oil
and
natural
gas
reserve
additions
can
be
achieved
through
exploratory
drilling
in
which
it
uses
3-D
seismic
technology. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TMR,
an
independent
oil
and
natural
gas
company,
explores
for,
acquires
and
develops
oil
and
natural
gas
properties
utilizing
3-D
seismic
technology.
For
the
six
months
ended
6/30/01,
revenues
increased
16%
to
$116.1
million.
Net
income
applicable
to
Common
increased
13%
to
$27.4
million.
Revenues
reflect
an
increase
in
average
sales
prices.
Net
income
was
partially
offset
by
the
inclusion
of
a
$17.8
million
income
tax
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Joseph Reeves, Jr., 54 Chairman
and CEO | $1.7M | Michael Mayell, 54 Pres | 1.7M | Lloyd DeLano, 50 VP
and CAO | 594K | James Carrington, Jr., 50 VP
- Land - TMRX | 626K | 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
|
|