Warren Resources, Inc. · New York, NY United States ·(NASDAQ (GM): WRES)
Company Description
View Warren Resources, Inc. Locations On A US Map
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This link will open in a new window Warren Resources hopes its heavy investment in oil and gas is warranted. The independent exploration and production company is focused on the development of coalbed methane natural gas properties located in the Rocky Mountain region of the US, as well as waterflood oil recovery programs in the Los Angeles Basin of California. Warren Resources also owns oil and gas properties in New Mexico, North Dakota, and Texas. In 2007 the company reported estimated proved reserves of more than 356.4 billion cu. ft. of natural gas equivalent. It also has interests in more than 390 producing wells. ConocoPhillips is Warren Resources' largest client, purchasing 80% of its annual production. To read the full description, subscribe now.
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Key Warren Resources, Inc. Financials
| Company Type | Public - NASDAQ (GM): WRES Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $109.2 |
| 2008 Employees | 65 |
Warren Resources, Inc. Executives
15 executives listed for Warren Resources, Inc.'s New York, NY location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | Norman Swanton | Network |
| EVP and CFO | Timothy Larkin | Network |
| SVP, General Counsel, and Corporate Secretary | David Fleming | Network |
Competition
Competitive Landscape for Warren 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.Top Warren Resources, Inc. Competitors
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