| | Business Summary | | Esenjay
Exploration,
Inc.
is
an
energy
company
engaged
in
the
exploration
for
and
development
of
natural
gas
and
oil.
The
Company
has
assembled
a
diverse
inventory
of
technology-enhanced
natural
gas
and
oil
exploration
projects
located
primarily
along
the
Texas
and
Louisiana
Gulf
Coast
(the
Exploration
Projects).
Most
of
the
Exploration
Projects
are
concentrated
in
the
Frio,
Wilcox,
Texas
Hackberry
and
Yegua
core
project
areas.
The
Frio
core
area
generally
is
in
the
middle
Texas
Gulf
Coast
where
Frio
targets
exist
at
moderate
to
deeper
depths.
The
Wilcox
core
area
generally
is
in
the
middle
Texas
Gulf
Coast
in
an
area
that
may
have
prospects
for
Wilcox
sand
exploration.
The
Texas
Hackberry
core
area
is
located
in
Jefferson
and
Orange
Counties,
Texas,
in
an
area
that
may
offer
drilling
opportunities
in
the
Hackberry
formations,
as
well
as
Miocene
and
deeper
Vicksburg
sands.
The
Yegua
trend
extends
from
San
Patricio
County
in
Texas
through
Beauregard
and
Calcasieu
Parishes
in
Louisiana. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Esenjay
Exploration
is
engaged
in
the
exploration
for
natural
gas
and
oil
reserves
and
in
the
acquisition,
production,
development
and
marketing
of
natural
gas
and
oil
properties.
For
the
six
months
ended
6/30/01,
revenues
fell
16%
to
$15.2
million.
Net
loss
totaled
$2
million
vs.
an
income
of
$539
thousand.
Revenues
reflect
decreased
gain
on
the
sale
of
interests
to
industry
partners.
Net
loss
also
reflects
increased
lease
operating
expenses
for
producing
wells. | | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| David Berry, 50
Chairman | $155K | Michael Johnson, 51
Pres,
CEO | 200K | Alex Cranberg, 45
Vice
Chairman | -- | David Christofferson, 51
Sr.
VP, CFO, Sec., Gen. Counsel | 130K | | Dollar amounts are as of 31-Dec-1999 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/e/esnj.gif)