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363 N. Sam Houston Pkwy. East, Ste. 1200 Houston, TX 77060 TX Tel. 281-876-0120 Fax 281-876-2831 |
Type: Public
On the web:
http://www.ultrapetroleum.com
Employees:
108
Employee growth: 14.9%
Ultra Petroleum is ultra-keen in its search for petroleum products. The independent exploration and production company recovers natural gas and crude oil from Cretaceous era deposits in the Green River Basin of southwestern Wyoming and from holdings in the Marcellus Shale play in Pennsylvania. Ultra Petroleum owns stakes in 22,000 gross developed acres in Wyoming and 28,000 gross developed acres in Pennsylvania. In 2010 Ultra Petroleum reported proved reserves of 3.9 trillion cu. ft. of natural gas equivalent, and had about 1,700 gross and about 840 net productive wells.
Key numbers for fiscal year ending December, 2010:
Sales: $979.4M
One year growth: 46.9%
Net income: $464.5M
Officers:
Chairman, President, and CEO: Michael D. Watford
SVP Operations: William B. (Bill) Picquet
SVP and CFO: Marshall D. (Mark) Smith
Competitors:
Cabot Oil & Gas
EOG
XTO Energy
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