| Business Summary | | Hallador
Petroleum
Company
and
its
principal
operating
subsidiaries,
Hallador
Production
Company
and
Hallador
Petroleum,
LLP,
are
engaged
in
the
exploration,
development
and
production
of
oil
and
natural
gas.
About
88%
of
the
Company's
oil
and
gas
revenue
is
attributable
to
the
South
Cuyama
field
(the
SC
Field)
located
in
Santa
Barbara
County,
California,
approximately
75
miles
southwest
from
Bakersfield,
California.
The
Company
owns
92%
of
Santa
Barbara
Partners,
an
Oklahoma
general
partnership,
which
has
a
93%
working
interest
(78%
net
revenue
interest)
in
the
SC
Field. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Hallador
Petroleum
Co.
and
its
principal
subsidiaries,
are
engaged
in
the
exploration,
development
and
production
of
oil
and
natural
gas.
HPCO
also
trades
and
acquires
non-producing
oil
and
gas
mineral
leases.
For
the
six
months
ended
6/30/01,
revenues
rose
21%
to
$4.8
million.
Net
income
rose
39%
to
$959
thousand.
Revenues
reflect
increased
average
gas
sales
volumes
and
prices.
Earnings
also
reflect
decreased
exploration
and
depreciation
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| David Hardie, 49 Chairman | -- | Victor Stabio, 52 Pres,
CEO and Chief Financial Officer | $157K | Dollar amounts are as of 31-Dec-1999 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
|
|