| | Business Summary | | Chaparral
Resources,
Inc.
is
an
independent
oil
and
gas
exploration
and
production
company.
Through
two
of
its
significant
subsidiaries,
Central
Asian
Petroleum
(Guernsey)
Ltd.
and
Central
Asian
Petroleum
Inc.,
the
Company
owns
a
50%
interest
in
Closed
Type
JSC
Karakudukmunay
(KKM),
a
joint
stock
company
that
holds
a
governmental
license
to
develop
the
Karakuduk
Oil
Field.
The
Company
derives
all
of
its
revenue
through
the
production
and
sale
of
crude
oil
from
the
Karakuduk
Field.
The
Company
is
in
the
early
stages
of
development
and
only
began
generating
revenue
from
the
sale
of
crude
oil
during
2000.
KKM
sold
approximately
765,000
barrels
of
crude
oil,
of
which
approximately
604,000
barrels
were
sold
to
Shell
Trading
International
Limited,
an
affiliate
of
Shell
Capital,
on
the
export
market,
and
an
additional
161,000
barrels
were
sold
to
various
purchasers
on
the
local
market
in
Kazakhstan. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Chaparral
Resources,
Inc.
is
engaged
in
the
exploration,
development
and
production
of
oil
and
gas
properties,
currently
focused
on
the
Karakuduk
Field
in
Kazakstan.
For
the
six
months
ended
6/30/01,
the
Company
reported
no
revenues.
Net
loss
applicable
to
Common
and
before
acct'g
change
fell
6%
to
$3.3
million.
Revenues
reflect
the
absence
of
sales.
Lower
loss
reflects
increased
equity
in
income
from
the
974
thousand
barrels
of
crude
oil
sold
by
KKM. | | More
from
Market Guide: Significant
Developments |
| | Officers | | | FY2000 Pay | |
| John McMillian, 74
Chairman,
Pres, CEO | $138K | James Jeffs, 49
Co-Chairman | -- | Michael Young, 32
CAO,
Treasurer, Controller | 150K | Alan Berlin, 60
Sec. | -- | | 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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/c/char.ob.gif)