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Tuscany Energy Ltd. · Calgary, AB Canada ·(TSX Venture: TUS)

Company Description

Ste. 2000, 633 6th Ave. SW
Calgary, AB
T2P 2-Y5
Canada (Map)
Phone: +1-403-264-2398
Fax: +1-403-264-2399
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    Tuscany Energy isn't interested in olive oil in Italy but gas and oil in Canada. The oil and gas exploration company is focused on acquiring production-based properties for exploration and development operations within the Western Canadian Basin. Its two core properties are in the Evesham and Macklin areas situated in west-central Saskatchewan, which produce 162 billion barrels per day of oil and 468 million cubic feet per day of natural gas. Most of Tuscany's revenue comes from its gas production. It bought Goldmark Minerals in 2009, hoping the gold exploration and development company could help it finance its energy operations. To read the full description, subscribe now.
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    Key Tuscany Energy Ltd. Financials

    Company TypePublic - TSX Venture: TUS

    Single Location
    Fiscal Year-EndDecember
    2008 Sales (mil.)$4.0
    Employees2

    Tuscany Energy Ltd. Executives

    3 executives listed for Tuscany Energy Ltd.'s Calgary, AB location.
    TitleName & BioContact
    ChairmanRobert LamondNetwork
    Interim President and Interim CEOJohn McLeodNetwork
    Operations and Production ManagerJ. Michael DennehyNetwork

    Competition

    Competitive Landscape for Tuscany Energy Ltd.
    Demand is driven by industrial demand and economic growth, both domestic and foreign. Individual company profitability depends on volume and operating efficiency. Large companies can afford to discover and develop new deposits and increase reserves. Small companies typically own just one mine, limit exploration to that one property, and operate it as efficiently as possible. Metal ore mining is capital-intensive: annual revenue per employee is about $300,000. The industry includes companies that mine and process gold, silver, copper, nickel, lead, zinc, iron ore, and other metals. To read the full description, subscribe now.
    Top Tuscany Energy Ltd. Competitors
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