| Business Summary | | Energy
Power
Systems
Limited
(EPS)
is
an
integrated
Independent
Power
Project
Developer,
an
Oil
&
Gas
Exploration
and
Development
Company
and
a
Contractor
of
Infrastructure
Projects.
EPS
operates
through
three
divsions.
The
Power
Division
is
pursuing
a
strategy
to
develop
and
participate
in
Independent
Power
Projects
(IPP)
in
emerging
markets,
with
a
current
focus
on
India.
The
Oil
&
Gas
Division,
through
the
Prince
Edward
Island
property,
offers
excellent
potential
for
both
coalbed
methane
and
conventional
gas
resources
and
plans
an
exploration
program
consisting
of
a
detailed
assessment
of
existing
seismic
data
and
available
drill
well
logs.
The
Company's
Engineering
&
Contracting
Division
produces
steel
components
for
structures
and
heavy
industry;
manufactures
pressurized
vessels
and
tanks;
and
provides
in-plant
fabrication,
welding
and
assembly
services
for
the
offshore
oil
industry
at
its
40,000
square
foot
and
15
acre
production
yard
in
St.
John's,
Newfoundland. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Energy
Power
Systems
Ltd.
is
an
integrated
Independent
Power
Project
Developer,
an
Oil
and
Gas
Exploration
and
Development
Company
and
a
Contractor
of
Infrastructure
Projects.
For
the
nine
months
ended
3/31/01,
sales
rose
9%
to
C$15.2
million.
Net
loss
from
cont'd
operations
fell
73%
to
C$529
thousand.
Revenues
reflect
increased
engineering
and
oil/gas
sales.
Lower
loss
also
reflects
decreased
interest
and
administrative
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| James Cassina, 44 Chairman,
Pres, CEO | $212K | Scott Hargreaves, 33 CFO | 100K | John Brake, 59 Pres,
M&M Engineering Limited and M&M Offshore Limited, Chmn. of Atlantic Seaboard Industries L | 148K | Sandra Hall, 36 VP
- Corp. Affairs, Sec. | -- | David Myers, 50 VP
of M&M Engineering Limited | 142K | 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
|
|