Ellora Energy Inc. · Boulder, CO United States ·(NASDAQ (GM): LORA)
Company Description
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Ellora Energy doesn't cave in -- it drills deep for profits. An oil and gas exploration and development company, the firm owns properties in East Texas (including adjacent property in western Louisiana) and the Hugoton field in southwest Kansas. The company has built up a land base of 921,000 gross acres with 891 identified drilling locations. In 2008 Ellora Energy reported that it was operating 336 gross (243 net) producing wells and controlled proved reserves of approximately 229 billion cubic feet of natural gas equivalent. Yorktown Energy Partners owns about 60% of the company. To read the full description, subscribe now.
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Key Ellora Energy Inc. Financials
| Company Type | Private - NASDAQ (GM): LORA Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $142.0 |
| 2008 Employees | 90 |
Ellora Energy Inc. Executives
10 executives listed for Ellora Energy Inc.'s Boulder, CO location.
| Title | Name & Bio | Contact |
| Chairman and CEO | T. Scott Martin | Network |
| President and COO | Steven Enger | Network |
| EVP and CFO | E. Lon McCain | Network |
Competition
Competitive Landscape for Ellora Energy 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 Ellora Energy Inc. Competitors
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