| | Business Summary | | Tracer
Petroleum
Corporation
is
engaged
in
the
acquisition,
exploration
and,
when
warranted,
development
of
natural
resource
properties.
The
Company
once
had
interests
in
oil/natural
gas
properties
in
Indonesia,
but
it
divested
itself
of
those
interests
in
1999.
The
Company
is
pursuing
oil
and
gas
ventures
in
the
Islamic
Republic
of
Iran,
Kazakhstan
and
other
petroleum-rich
areas
of
the
world. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Tracer
Petroleum
Corp.
is
engaged
primarily
in
the
business
of
acquisition,
exploration
and
development
of
oil
and
gas
reserves
in
Indonesia
and
the
Middle
East.
For
the
three
months
ended
3/31/01,
total
revenues
fell
97%
to
C$1
thousand.
Net
loss
increased
10%
to
C$438
thousand.
Revenues
reflect
lower
interest
and
other
income
and
the
absence
of
gains
on
the
sale
of
oil
and
gas
properties.
Higher
loss
reflects
increased
management,
consulting
and
office
expenses. Recent Earnings Announcement
For
the
3
months
ended
06/30/2001,
after
tax
earnings
were
-316. (Preliminary; reported in thousands of Canadian Dollars.) | | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| David Robinson
Pres,
CEO, Director | $56K | David Harrison
Sec. | 35K | | 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/t/tcxx.ob.gif)