| Business Summary | | Dynamic
Oil
&
Gas,
Inc.
is
a
Canadian
based
energy
company
engaged
in
the
production
and
exploration
of
Western
Canada's
natural
gas
and
oil
reserves.
The
Company
owns
significant
working
interests
in
several
Central
Alberta
producing
properties,
and
in
two
sizeable
exploratory
properties
located
in
southwestern
and
northeastern
British
Columbia.
The
Company's
properties
include
St.
Albert,
Peavey/Morinville,
Redwater,
Orion,
and
Fraser
Valley. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Dynamic
Oil
and
Gas,
Inc.
is
engaged
in
the
acquisition
and
exploration
of
oil
and
gas
properties
in
Alberta,
Saskatchewan
and
British
Columbia.
For
the
fiscal
year
ended
3/31/01,
revenues
rose
from
C$15.8
million
to
C$34.5
million.
Net
income
accord.
to
U.S.
GAAP
rose
from
C$3.9
million
to
C$9.1
million.
Revenues
reflect
increased
average
gas
and
oil
prices
and
higher
daily
gas
production
rates.
Earnings
reflect
higher
interest
income
and
gains
on
sales
of
gas
and
oil
interests. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
6,649;
after
tax
earnings
were
649. (Preliminary; reported in thousands of Canadian Dollars.) | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000
Compensation | | Pay | Exer | |
| Wayne Babcock Pres,
CEO, Director | $208K | $180K | Michael Bardell CFO,
Sec. | -- | -- | Donald Umbach VP,
COO | 207K | -- | James Britton VP,Exploration | 172K | 45K | Dollar amounts are as of 31-Mar-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|