Business Information
The group's principal activities are to explore, develop and acquire crude oil and natural gas properties. The group's exploration and drilling operations are conducted in and around the gulf of Mexico, United States onshore gulf coast, west Texas, the anadarko basin, offshore northwest Australia and the bohai bay, offshore China. The group markets all its crude oil, hydrocarbon condensate and natural gas production under short-term contracts. Its customers include superior natural gas corporation and conocophillips inc . On 05-Sep-2003, the group acquired primary natural resources, inc & discontinuted operations of its wholly owned subsidiary, newfield exploration Australia ltd. On 20-Jul-2004 the group acquired denbury offshore, inc and on 27-Aug-2004, acquired inland resources.
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Year |
Sales |
Net Income |
| 2006 | 1,673,000 | 591,000 | | 2005 | 1,762,000 | 348,000 | | 2004 | 1,352,700 | 312,100
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