Unit Corp.
7130 South Lewis
Suite 1000
Tulsa,
OK 74136
Phone: 918-493-7700
Fax: 918-493-7714
Web Site: http://www.unitcorp.com
| Unit Corporation, through its subsidiaries, engages in the onshore contract drilling of oil and gas wells, the exploration for and production of oil and gas, and the gathering and transportation of natural gas primarily in the United States. It involves in the land contract drilling of onshore oil and natural gas wells for its own account, as well as for various oil and gas companies. The company also explores, develops, acquires, and produces oil and natural gas; and engages in the buying, selling, gathering, processing, and treating of natural gas. Unit Corporation has its drilling operations located principally in the Oklahoma and Texas areas of the Anadarko and Arkoma Basins, the north Texas Barnett Shale, the Texas Gulf Coast and east Texas, and the Rocky Mountain regions of Wyoming, Colorado, Utah, and Montana; and oil and natural gas properties, undeveloped leaseholds, and related assets primarily in Oklahoma, Texas, Louisiana, and New Mexico. It operates 3 natural gas treatment plants, 6 operating processing plants, 37 active gathering systems, and 600 miles of pipeline in Oklahoma, Texas, Louisiana, and Kansas. As of December 31, 2006, the company had proved developed and undeveloped reserves of 11,583 thousand barrels of oil and 406,400 million cubic feet of natural gas. Unit Corporation was founded in 1963 and is based in Tulsa, Oklahoma. |
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| Key Statistics |
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Pay |
Exercised |
Mr. Larry D. Pinkston , 53
Chief Exec. Officer, Pres, Chief Operating Officer
|
$
640.00K |
$
371.00K |
Mr. King P. Kirchner , 80
Co-Founder
|
$
42.00K |
N/A |
Mr. David T. Merrill , 47
Chief Financial Officer and Treasurer
|
N/A
|
N/A |
Mr. Mark E. Schell , 50
Sr. VP, Sec. and Gen. Counsel
|
$
358.00K |
$
383.00K |
Mr. John Cromling , 60
Exec. VP of Drilling - Unit Drilling Co
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$
311.00K |
$
115.00K |
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|
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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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