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Three Bentall Centre, 595 Burrard, Ste. 2833 Vancouver, British Columbia V7X 1C4, Canada Tel. 604-689-1799 Toll Free 866-379-3960 Fax 604-689-8199 |
Type: Public
On the web:
http://www.montello.com
If it's located underground, Montello Resources is probably looking for it. The exploration and development company primarily has oil and gas properties in Tennessee (in Morgan and Scott counties) and Alberta, Canada (Peace River Arch and Sarcee). The company acquired the oil and gas wells, some of which were previously in production in the 1980s, and plans to use new technology to resume production of these properties. In 2007 Montello Resources acquired Vanguard Exploration's 6% working interest in approximately 2,560 acres on the T'suu Tina Reserve located 15 miles west of Calgary.
Key numbers for fiscal year ending 2008:
Sales: $0.5M
One year growth: 44.9%
Net income: ($4.1)M
Officers:
Chairman, President, and CEO: Peter C. Brown
CFO: Dennis Petke
Marketing and Infrastructure Consultant: C.M. Baumgart
Competitors:
Cabot Oil & Gas
Compton Petroleum
Pengrowth
