| Business Summary | | Brigham
Exploration
Company
is
an
independent
exploration
and
production
company
that
applies
3-D
seismic
imaging
and
other
advanced
technologies
to
systematically
explore
and
develop
onshore
oil
and
natural
gas
provinces
in
the
United
States.
Brigham
focuses
its
activity
in
provinces
where
it
believes
3-D
technology
may
be
effectively
applied
to
generate
relatively
large
potential
reserve
volumes
per
well
and
per
field,
high
potential
production
rates
and
multiple
producing
objectives.
Brigham's
exploration
activities
are
concentrated
primarily
in
three
core
provinces:
the
Anadarko
Basin
of
western
Oklahoma
and
the
Texas
Panhandle;
the
onshore
Texas
Gulf
Coast;
and
West
Texas.
As
of
December
31,
2000,
Brigham
has
acquired
5,122
square
miles
of
3-D
seismic
data
and
has
drilled
498
wells
in
its
3-D
project
areas.
Brigham
has
also
drilled
407
exploratory
and
91
development
wells
on
its
3-D
generated
prospects
with
an
aggregate
66%
completion
rate
and
an
average
working
interest
of
30%. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | BEXP
is
an
independent
exploration
and
production
company
that
applies
3-D
seismic
imaging
and
other
advanced
technologies
to
explore
and
develop
onshore
domestic
natural
gas
and
oil
provinces.
For
the
six
months
ended
6/01,
revenues
rose
91%
to
$17.5
million.
Net
income
applicable
to
Common
totalled
$8.8
million
vs.
a
loss
of
$6.5
million.
Revenues
reflect
increased
production
and
pricing
of
oil
and
natural
gas.
Net
income
reflects
improved
efficiencies
and
lower
interest
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Ben Brigham, 41 Chairman,
CEO, Pres | $256K | Curtis Harrell, 37 CFO,
Exec. VP, Director | 279K | David Brigham, 40 Sr.
VP-Land and Admin., Sec. | 369K | A. Lance Langford, 38 Sr.
VP, Operations | 356K | Jeffery Larson, 42 Sr.
VP, Exploration | -- | 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
|
|