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Home > Company Index > Energy > Oil & Gas Exploration & Production > Pontotoc Production, Inc.
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Pontotoc Production, Inc. |
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PROFILE |
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Pontotoc Production, which has agreed to be acquired by privately held Ascent Energy, relies on the oil and gas found in Pontotoc and a handful of other southern Oklahoma counties. The exploration and production company focuses on lower-risk fields that require drilling depths of 1,500-5,000 ft. Since its founding in 1985, Pontotoc has drilled more than 90 wells. The company, which doubled its reserve base with the 2000 acquisition of Oklahoma Basic Economy, has proved reserves of 14.6 million barrels of oil equivalent. Pontotoc sells its production to oil and gas heavyweight Sunoco. Founder and CEO James "Robby" Robson, along with two other family members, owns more than 32% of the company.
COMPETITION |
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STOCK ANALYSIS |
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FURTHER ANALYSIS
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FINANCIAL OVERVIEW |
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Fiscal Year-End: March
2001 Sales (mil.): 9.10
1-Yr. Sales Growth: 82.0%
Employees: 30
Revenue per employee: $303,333.33
KEY PEOPLE |
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James Robson
CEO
Todd Robson
CFO
CONTACT INFO |
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808 East Main
Ada, OK 74820
US
Phone: 580-436-6100
Fax: 580-332-6486
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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