| Business Summary | | TMBR/Sharp
Drilling,
Inc.
is
engaged
in
two
lines
of
business:
the
domestic
onshore
contract
drilling
of
oil
and
gas
wells,
and
the
acquisition,
exploration
for,
development,
production
and
sale
of
oil
and
natural
gas.
The
Company
provides
domestic
onshore
contract
drilling
services
to
major
and
independent
oil
and
gas
companies.
The
Company
focuses
its
operations
in
the
Permian
Basin
of
west
Texas
and
eastern
New
Mexico.
In
addition
to
its
drilling
rigs,
the
Company
provides
the
crews
and
most
of
the
ancillary
equipment
used
in
the
operation
of
its
drilling
rigs. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TBDI
engages
in
the
domestic
onshore
contract
drilling
of
oil
and
gas
wells,
and
the
acquisition,
exploration
for,
development,
production
and
sale
of
oil
and
natural
gas.
For
the
three
months
ended
6/30/01,
revenues
increased
82%
to
$15
million.
Net
income
totaled
$5.3
million,
up
from
$1.1
million.
Revenues
reflect
increased
demand
for
the
Company's
contract
drilling
services.
Net
income
also
reflects
higher
margins. | More
from
Market Guide: Significant
Developments |
| | | | FY2001
Compensation | | Pay | Exer | |
| Thomas Brown, 74 Chairman,
CEO | $170K | $765K | Jeffrey Phillips, 40 Pres | -- | -- | Don Lawson, 62 VP
of Operations | -- | -- | Patricia Elledge, 43 Controller,
Treasurer | 101K | -- | James Alsup, 64 Sec. | -- | -- | Dollar amounts are as of 31-Mar-2001 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
|
|