JED Oil Inc. · Didsbury, AB Canada ·(NYSE Alternext: JDO)
Company Description
View JED Oil Inc. Locations On A US Map
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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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Key JED Oil Inc. Financials
| Company Type | Public - NYSE Alternext: JDO Single Location |
| Fiscal Year-End | December |
| 2007 Sales (mil.) | $14.9 |
| 2007 Employees | 29 |
JED Oil Inc. Executives
6 executives listed for JED Oil Inc.'s Didsbury, AB location.
| Title | Name & Bio | Contact |
| Chairman | Justin Yorke | Network |
| CEO and Director | Thomas Jacobsen | Network |
| VP Operations | W. Jeffrey Huckle | Network |
Competition
Competitive Landscape for JED Oil Inc.
Demand for natural gas depends partly on the health of the US economy and partly on the price of crude oil, a competitive product. The profitability of natural gas companies depends largely on the efficiency of their operations. There are large economies of scale in the production, processing, and distribution of gas, but small companies can effectively compete with large ones in exploration, where technical ability is more important than size. To read the full description, subscribe now.Top JED Oil Inc. Competitors
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