| | Business Summary | | CanArgo
Energy
Corporation
is
engaged
in
the
development,
production
and
exploration
of
oil
and
gas.
In
2000,
CanArgo
expanded
this
activity
with
the
acquisition
of
a
controlling
interest
in
a
refinery,
and
investment
in
a
chain
of
petrol
stations
all
located
in
and
around
Tbilisi,
the
capital
of
Georgia.
Despite
this
investment,
however,
CanArgo
continues
to
direct
most
of
its
efforts
and
resources
to
the
development
of
the
Ninotsminda
field.
CanArgo
also
has
additional
exploratory
and
developmental
oil
and
gas
properties
and
prospects
in
Georgia
and
Ukraine,
and
owns
interests
in
other
Eastern
European
oil
and
gas
projects.
The
sale
of
crude
oil
and
crude
oil
products
is
CanArgo's
principal
source
of
revenue. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | GUSH
is
an
independent
oil
and
gas
exploration
and
production
company
whose
principal
operations
are
located
in
the
Republic
of
Georgia.
GUSH
also
has
interests
in
refining,
marketing,
and
power
production.
For
the
six
months
ended
6/30/01,
revenues
rose
82%
to
$6.6
million.
Net
loss
totaled
$1.5
million,
up
from
$179
thousand.
Results
reflect
increased
refining
and
marketing
revenue
from
the
Georgian
American
Oil
Refinery,
offset
by
increased
purchases
of
crude
oil. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Roger Brittain, 63
Chairman | -- | -- | David Robson, Ph.D., 43
CEO,
Director | $245K | $404K | Anthony Potter, 36
CFO | 121K | 141K | Murray Chancellor, 48
COO | 55K | -- | Vincent McDonnell, 42
CCO | -- | -- | | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/g/gush.ob.gif)