| | Business Summary | | Apco
Argentina
Inc.
is
principally
engaged
in
oil
and
gas
exploration,
production
and
development
through
its
47.6%
participation
in
a
joint
venture
in
the
Entre
Lomas
concession
located
in
the
provinces
of
Rio
Negro
and
Neuquen,
in
southwest
Argentina.
The
Company
also
owns
a
1.5%
participation
in
a
joint
venture
engaged
in
oil
and
gas
exploration
and
development
in
the
Acambuco
concession
located
in
the
province
of
Salta,
in
northwest
Argentina,
and
a
45%
participation
in
a
third
joint
venture
engaged
in
oil
exploration
and
development
in
the
Canadon
Ramirez
concession
located
in
the
province
of
Chubut,
in
southern
Argentina. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Apco
Argentina
Inc.'s
primary
business
is
its
47.6%
participation
in
a
joint
venture
engaged
in
the
exploration,
production,
and
development
of
oil
and
gas
in
the
Entre
Lomas
concession
located
in
the
southwest
provinces
of
Argentina.
For
the
six
months
ended
6/30/01,
revenues
rose
1%
to
$19.9
million.
Net
income
rose
6%
to
$9.6
million.
Revenues
reflect
increased
crude
oil
and
condensate
sales
volume.
Earnings
reflect
the
sale
of
electricity
in
Entre
Lomas
concession. | | More
from
Market Guide: Significant
Developments |
| | Officers | |
| Position | | Randy Barnard | Chairman,
Pres, CEO | | J. McCarthy, 58 | CFO,
VP | | Thomas Bueno, 49 | Controller,
CAO, Gen. Mang. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/a/apagf.gif)