| Business Summary | | Maynard
Oil
Company
is
engaged
in
the
production
and
sale
of,
and
exploration
and
development
of,
crude
oil
and
natural
gas.
The
Company's
oil
and
gas
operations
are
conducted
exclusively
in
the
United
States,
primarily
in
the
states
of
Texas,
Oklahoma,
Louisiana,
New
Mexico
and
Arkansas.
Operations
include
acquiring,
exploring,
developing
and
operating
crude
oil
and
natural
gas
properties.
The
Company
seeks
to
accomplish
its
overall
goal
of
increasing
hydrocarbon
reserves
and
cash
flow
by
selectively
acquiring
and
exploiting
producing
oil
and
gas
properties.
When
possible,
the
Company
acquires
producing
properties
on
which
it
can
act
as
operator,
and
thus,
supervise
production
and
development
activities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MOIL
is
engaged
in
the
acquisition,
exploration,
development,
production
and
sale
of
crued
oil
and
natural
gas
in
the
Continental
United
States,
primarily
in
the
states
of
Texas
and
Oklahoma.
For
the
six
months
ended
6/30/01,
revenues
increased
40%
to
$31.7
million.
Net
income
increased
67%
to
$8.5
million.
Revenues
reflect
increases
in
price
and
volume.
Earnings
also
reflect
decreased
administrative
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| James Maynard, 75 Chairman,
CEO, Treasurer | $126K | Glenn Moore, 63 Pres,
COO | 670K | Kenneth Hatcher, 57 Exec.
VP-Fin. | 378K | L. Carruth, 67 Exec.
VP of Operations | 414K | Cassondra Foster, 58 VP
of Land | -- | 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
|
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