NGAS Resources Inc.
120 Prosperous Place
Suite 201
Lexington,
KY 40509-1844
Phone: 859-263-3948
Fax: 859-263-4228
Web Site: http://www.ngas.com
| NGAS Resources, Inc. primarily engages in the exploration and production of natural gas in the eastern United States. The company holds interests in various oil and gas properties, including the Leatherwood field, the ArkomaCDX field, the SME field, the Straight Creek field, the Kay Jay field, and the Fonde fields. It also owns rights to gold and silver properties located in Alaska. In addition, NGAS Resources controls gas gathering and transmission facilities for its Appalachian properties; and operates natural gas distribution facilities for two communities in southcentral Kentucky. As of December 31, 2006, the company owned oil and gas development rights under leases and farmouts covering 76,603 gross developed acres and 225,518 gross undeveloped acres, located onshore within the continental United States. NGAS Resources had estimated proved reserves of 98,204,793 thousand cubic feet of natural gas and 452,569 Bbl of crude oil; and 875 gross gas wells and 19 gross oil wells. Its customers include gas marketing intermediaries, pipelines, transmission companies, and local refineries. The company was founded in 1979 and is based in Lexington, Kentucky. |
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| Key Statistics |
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Pay |
Exercised |
Mr. William S. Daugherty , 53
Chairman, Chief Exec. Officer, Pres, Chief Operating Officer and Chairman of Daugherty Petroleum Inc
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N/A
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N/A |
Mr. Michael P. Windisch , 33
Chief Financial Officer and Principal Accounting Officer
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N/A
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N/A |
Mr. William G. Barr III, 58
VP of Legal Affairs & Acquisitions and Chief Exec. Officer of Daugherty Petroleum Inc
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$
617.00K |
$
475.00K |
Mr. D. Michael Wallen , 53
VP, Sec. and Pres of Daugherty Petroleum Inc
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N/A
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N/A |
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Dollar amounts are as of
31-Dec-06
and compensation values are for the last fiscal
year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of
options exercised during the fiscal year.
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