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  September 5, 2001
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Home > Company Index > Energy > Oil & Gas Services > TMBR/Sharp Drilling, Inc.

TMBR/Sharp Drilling, Inc.
Nasdaq: TBDI
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 PROFILE
In the up-and-down oil business, TMBR/Sharp Drilling has to stay sharp. The company drills under contract in the US with major and independent oil and gas companies. Equipped with 18 onshore rigs, it also supplies extra equipment and crews under a variety of payment options, including by footage (per foot of hole drilled), daywork (fixed daily rates), or turnkey (total job price). Through joint ventures, TMBR/Sharp also explores for oil and natural gas deposits and develops those resources. It drills in New Mexico and Texas for Spirit Energy 76, and Titan Resources I, among others. The company has proved reserves of 605,000 barrels of oil and 2.9 billion cu. ft. of gas.

 COMPETITION
Key Energy Services, Inc. (KEG)
Patterson-UTI Energy, Inc. (PTEN)

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 FINANCIAL OVERVIEW
Fiscal Year-End: March
2001 Sales (mil.): 41.50
1-Yr. Sales Growth: 123.1%
Employees: 293
Revenue per employee: $141,638.23

 KEY PEOPLE
• Thomas C. Brown
    CEO
• Patricia R. Elledge
    CFO

 CONTACT INFO
4607 W. Industrial Blvd.
Midland, TX 79703
US
Phone: 915-699-5050
Fax: 915-699-5828

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