JED Oil Inc. · Didsbury, AB Canada · (NYSE Alternext: JDO)
Company Description
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This link will open in a new window With Jed Clampett-like confidence in the future of oil discovery, JED Oil's strategy is to develop and operate low risk and low cost oil and natural gas assets in Western Canada, particularly ones near proven fields in Alberta, and in the US Rockies. Subsidiary JED Oil (USA) is developing oil and gas assets in North Dakota and Wyoming. In 2007 the company reported estimated proved reserves of 3 million barrels of oil equivalent. However, JED Oil's confidence has been shaken; it has been experiencing financial difficulties and in 2008 the company was forced to seek government protection from creditors under the Companies' Creditors Arrangement Act. To read the full description, subscribe now.
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JED Oil Inc. Reports
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Key JED Oil Inc. Financials
| Company Type | Public - NYSE Alternext: JDO Single Location |
| Fiscal Year-End | December |
| 2007 Employees | 29 |
JED Oil Inc. Executives
3 executives listed for JED Oil Inc.'s Didsbury, AB location.
| Title | Name & Bio | Contact |
| VP Operations | W. Jeffrey Huckle | |
| CFO | Richard Carmichael | |
| Secretary | Marcia Johnston |
Competition
Competitive Landscape for JED Oil Inc.
Demand is driven by US consumption of gas and diesel fuel. The profitability of refineries depends on efficient operations and the best mixture of products. Although there are significant economies of scale in refinery operations, a small refinery can compete effectively with large ones if it's located in a favorable market area, or if it produces specialty products that are in high demand. The industry is highly automated: average annual revenue per worker is over $7 million. To read the full description, subscribe now.Top JED Oil Inc. Competitors
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