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Standard Energy Corp. (STDE)

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At close: 03:34PM EDT

Standard Energy Corp.

447 Bearcat Drive
Salt Lake City, UT 84115-2517
United States
801 364 9000

Sector(s)Energy
IndustryOil & Gas E&P
Full Time Employees2

Key Executives

NameTitlePayExercisedYear Born
Mr. Dean W. RowellChairman, CEO, President, CFO and Principal Accounting Officer37.5kN/A1938
Ms. Pamela K. NelsonVice President, Corporate Secretary, Treasurer and DirectorN/AN/A1958
Amounts are as of December 31, 2009 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. Currency in USD.

Description

Standard Energy Corporation engages in the acquisition of unproven oil and gas leaseholds with the intent of reselling or drilling; and developing such leaseholds with third-parties. It acquires primarily federal oil and gas leaseholds. The company also obtains leases through purchases in competitive bidding programs offered by various state agencies, principally the states of Utah and Wyoming. Standard Energy Corporation retains a royalty interest, ranging from 1% to 6% in various leaseholds that it resells. The company, through its wholly owned subsidiary, Petroleum Investment Company, also offers various geologic lease evaluation services; and provides information relating to geologic data, recommendations, and reports with respect to leaseholds offered in the leasing programs. Standard Energy Corporation also sells information with respect to individual oil and gas properties throughout the Rocky Mountain area, as well as offers oil and gas mapping services about properties located in the Rocky Mountain region. Further, it engages in the commercial development of its ‘Biofuel Technologies', which are designed to solve the problem of disposing of municipal solid waste, through the recycle of the ‘paper waste' in municipal waste into useful products, such as ethanol transportation fuels and fermentation lignin turbine fuels. The company was founded in 1978 and is headquartered in Salt Lake City, Utah.

Corporate Governance

Standard Energy Corp.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.