| Business Summary | | Tengasco,
Inc.
is
in
the
business
of
exploring
for,
producing
and
transporting
oil
and
natural
gas
in
Tennessee
and
Kansas.
The
Company
leases
producing
and
non-producing
properties
with
a
view
toward
exploration
and
development.
Emphasis
is
also
placed
on
pipeline
and
other
infrastructure
facilities
to
provide
transportation,
processing
and
tieback
services.
The
Company
utilizes
state-of-the-art
seismic
technology
to
maximize
the
recovery
of
reserves.
The
Company
will
conduct
exploration
and
production
activities
to
produce
crude
oil
and
natural
gas.
The
principal
markets
for
these
commodities
are
local
refining
companies,
local
utilities
and
private
industry
end
users,
which
purchase
the
crude
oil,
and
local
utilities,
private
industry
end
users,
and
natural
gas
marketing
companies,
which
purchase
the
natural
gas. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Tengasco,
Inc.,
with
operations
in
Tennessee
and
Kansas,
is
a
fully
diversified
energy
company
involved
in
natural
gas
marketing,
oil
and
natural
gas
exploration
and
production,
pipeline
construction
and
other
energy
services.
For
the
six
months
ended
6/30/01,
oil
and
gas
revenues
rose
35%
$3.3
million.
Net
loss
applicable
to
Common
rose
55%
to
$871
thousand.
Revenues
reflect
increased
gas
volumes.
Higher
loss
reflects
costs
of
expanded
insurance
coverage. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Malcolm Ratliff, 54 Chairman,
CEO | $70K | Robert Carter, 64 Pres | -- | Mark Ruth, 42 CFO | -- | Harold Morris, Jr., 53 Exec.
VP-Fin. | -- | Cary Sorensen, 52 VP,
Gen. Counsel | -- | Dollar amounts are as of 31-Dec-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
|
|