| Business Summary | | Infinity
Inc.
provides
oil
and
gas
well
services
through
its
subsidiary,
Consolidated
Oil
Well
Services,
Inc.,
and
identifies,
acquires
and
develops
oil
and
gas
properties
through
Infinity
Oil
and
Gas
of
Kansas,
Inc.
(IOG-KS)
and
Infinity
Oil
and
Gas
of
Wyoming,
Inc.
(IOG-WY),
its
wholly
owned
subsidiaries.
Infinity
also
operates
a
wastewater
treatment
facility
on
a
limited
basis.
The
Company
provided
oil
field
services
to
over
450
customers
through
Consolidated
during
the
fiscal
year
ended
March
31,
2001.
IOG-KS
currently
focuses
on
the
production
of
oil
from
an
enhanced
oil
recovery
project
in
the
Cherokee
Basin
of
Eastern
Kansas.
IOG-WY
has
acquired
an
interest
in
the
Green
River
Basin
of
Southwest
Wyoming
for
the
purpose
of
producing
Coal
Bed
Methane
Gas. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Infinity,
Inc.
is
engaged
in
providing
waste
water
treatment
services,
oil
and
gas
production
enhancement
services
and
oil
and
gas
exploration,
development
and
production
activities.
For
the
fiscal
year
ended
3/31/01,
revenues
rose
71%
to
$8.9
million.
Net
income
totalled
$1.8
million
vs.
a
loss
of
$753
thousand.
Revenues
reflect
an
increase
in
oil
and
gas
service
operations.
Earnings
also
reflect
the
inclusion
of
a
$2.8
million
gain
on
the
sale
of
an
investment. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
3,889;
after
tax
earnings
were
2,833. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Stanton Ross, 39 Pres,
CEO, Treasurer | $121K | Jon Klugh, 38 CFO,
Sec. | -- | Dollar amounts are as of 31-Mar-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
|
|