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Continental Energy Corp

 
Hoover's Profile: Continental Energy Corporation
(OTC:CPPXF)
Contact Information
Continental Energy Corporation
14001 Dallas Pkwy., Ste. 1200
Dallas, TX 75240-7369
TX Tel. 972-934-6774
Toll Free 877-762-2366
Fax 972-934-6718

Type: Public
On the web: http://www.continentalenergy.com
Employees: 14

Continental Energy is a junior oil and gas exploration company with assets in Indonesia. The company has production-sharing contracts giving it exclusive petroleum exploration and production rights in two significant exploration concessions, the Bengara-II (with about 1.2 million acres) and the Yapen block. The exploration and production company also had a concession to develop the Bangkudulis Oil Field, but sold it in 2005. In 2007 Continental Energy set up a biofuels subsidiary, Continental Biofuels. Directors and officers own about 24% of the Continental Energy.

Key numbers for fiscal year ending June, 2009:
Sales: $0.0M
Net income: ($3.1)M

Officers:
Chairman and CEO: Richard L. McAdoo
President, COO, and Exploration Manager: Andrew T. Eriksson
Acting CFO: Robert Rudman

Competitors:
Hess Corporation
Pertamina
Serica Energy

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