| Business Summary | | Blue
Dolphin
Energy
Company
conducts
its
business
activities
in
two
primary
business
segments,
oil
and
gas
exploration
and
production,
which
includes
its
developmental-stage
upstream
projects,
and
pipeline
operations,
which
includes
its
developmental-stage
mid-stream
projects.
The
Company's
oil
and
gas
exploration
and
production
activities
include
the
exploration,
acquisition,
development,
operation
and,
when
appropriate,
disposition
of
oil
and
gas
properties.
The
Company
focuses
its
oil
and
gas
acquisitions
and
exploration
activities
in
the
western
and
central
Gulf
of
Mexico. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Blue
Dolphin
Energy
is
engaged
in
the
acquisition
and
exploration
of
oil
and
gas
properties,
and
the
gathering
and
transportation
of
natural
gas
and
condensate.
For
the
six
months
ended
6/30/01,
revenues
rose
12%
to
$3.8
million.
Net
income
totalled
$484
thousand,
up
from
$204
thousand.
Revenues
benefitted
from
an
increase
in
commodity
prices
and
an
increase
in
production
volumes.
Earnings
reflect
a
$1.4
million
gain
on
the
sale
of
assets. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Ivar Siem, 54 Chairman | $150K | $3.5K | Michael Jacobson, 54 Pres,
CEO | 200K | 14.2K | Roland Keller, 62 Exec.
VP of Exploration and Operations | 140K | -- | G. Brian Lloyd, 42 VP,
Treasurer and Sec. | -- | -- | John Atwood, 49 VP-Bus.
Devel. | 124K | 1.3K | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|