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Tribute Resources Inc. · London, ON Canada ·(TSX Venture: TRB)

Company Description

309 Commissioners Rd. West, Unit E
London, ON
N6J 1-Y4
Canada (Map)
Phone: +1-519-657-7624
Fax: +1-519-657-4296
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    Tribute Resources wants to deliver just in time if Ontario, Canada, needs a peak energy supply to meet winter heating needs. The energy marketing company is developing underground gas storage facilities near Tipperary, Ontario, that will provide 3.2 billion cu. ft. (bcf) of natural gas storage and storage facilities at Bayfield that will add an additional 8 bcf. In addition to storing gas, Tribute also produces oil and gas. It has proven and provable reserves of 84,000 barrels of oil equivalent and interests in seven gas-producing wells in Huron County as well as a 15 mile pipeline. Tribute Resources and its joint venture partners are developing their gas assets through the Huron Storage Development Project. To read the full description, subscribe now.
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    Key Tribute Resources Inc. Financials

    Company TypePublic - TSX Venture: TRB

    Single Location
    Fiscal Year-EndDecember
    2008 Sales (mil.)$2.4
    Employees2

    Tribute Resources Inc. Executives

    3 executives listed for Tribute Resources Inc.'s London, ON location.
    TitleName & BioContact
    President and CEOJane LowrieNetwork
    VPPeter BuddNetwork
    Corporate SecretaryFaralee ChanninNetwork

    Competition

    Competitive Landscape for Tribute Resources 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.
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