| Business Summary | | Aspen
Group
Resources
Corporation
is
an
independent
energy
company
engaged
in
the
acquisition,
exploitation,
development
and
operation
of
oil
and
gas
properties,
with
a
geographic
focus
in
major
oil
and
gas
producing
regions
in
the
United
States.
From
its
inception
through
October
11,
1999,
the
Company
was
a
development
stage
company
engaged
principally
in
organization
and
capitalization
activities,
and
had
not
generated
material
net
revenues
from
operations. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Aspen
Group
Resources
is
an
independent
energy
company
engaged
in
the
acquisition,
exploitation,
and
development,
acquisition
and
operation
of
oil
and
gas
properties.
For
the
nine
months
ended
3/01,
revenues
totalled
$7.7
million,
up
from
$2.3
million.
Net
income
totalled
$2.1
million,
up
from
$565
thousand.
Revenues
reflect
production
from
newly
purchased
oil
and
gas
properties.
Net
income
also
reflects
the
absence
of
a
$249
thousand
minority
interest
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Jack Wheeler Chairman,
Pres, CEO | $112K | Peter Lucas, 46 interim
CFO, Sr. VP | 45K | Ron Mercer Exec. VP, COO | 48K | Sam Hammons Vice-Pres,
Gen. Counsel | 16K | Connie Garrett, 62 Controller | -- | Dollar
amounts are as of 30-June-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
|
|