Chesapeake Energy 1995 Annual Report Download - page 2

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SELECTED FINANCIAL DATA
*As of October 1, 1992
FISCAL YEAR ENDED JUNE 30, 1995 1994 1993 1992 1991
INCOME DATA )$ IN THOUSANDS, EXCEPT PER SHARE DATA)
Oil and gas sales $ 56,983 $ 22,404 $11,602 $ 10,520 S 4,334
Service operations and other 10,360 7,420 6,406 8,198 2,109
Total revenues 67,343 29,824 18,008 18,718 6,443
Production expenses 4,256 3,647 2,890 2,103 760
CONTENTS
LEUER TO SHAREHOLDERS 2Oil and gas property depreciation,
depletion and amortization 25,410 8,141 4,184 2,910 1,585
PRIMARY OPERATING AREAS 10 Other depreciation and amortization 1,765 1,871 557 974 351
NEW OPERATING AREAS 13 Service operations 7,747 5,199 3,653 4,113 606
GLOSSARY 16 General and administrative 3,578 3,135 3,620 3,314 2,119
DIRECTORS AND OFFICERS 17 Interest and other 6,627 2,676 2,282 2,577 317
Provision for legal and other settlements 1,286
EMPLOYEES 18 Total costs and expenses 49,383 24,669 18,472 15,991 5,738
CORPORATE INFORMATION 20
FINANCIAL SECTION 21 Income (loss) before income taxes 17,960 5,155 (464) 2,727 705
Income tax expense (benefit) 6,299 1,250 (99) 1,337 243
Net income (loss) 11,661 3,905 (365) 1,390 462
Earnings (loss) per share $0.94 $0.36 $(0.10) $0.22 $0.07
Weighted average shares outstanding 12,416 10,720 7,456 6,202 6,202
PROPERTY DATA )$ IN THOUSANDS)
Oil reserves (MBbls) 5,116 4,154 9,622 11,147 3,212
Gas reserves (MMcf) 211,808 117,066 79,763 68,618 17,334
Reserves in equivalent thousand barrels 40,417 23,665 22,915 22,583 6,101
Reserves in equivalent million cubic feet 242,505 141,992 137,495 135,500 36,606
Future net revenues discounted at
10% (before tax) $188,137 $141,249 $141,665 $162,713* $27,812
Oil production (MBbls) 1,139 537 276 374 163
Gas production (MMcf) 25,114 6,927 2,677 1,252 646
Production in equivalent thousand barrels 5,325 1,692 722 583 271
Production in equivalent million cubic feet 31,947 10,152 4,333 3,496 1,624
Average oil price (per Bbl) $17.36 $15.09 $20.20 $21.85 $ 20.15
Average gas price (Mcf) $1.48 $2.06 $2.25 $1.88 $1.59
Average gas equivalent price (per Mcfe) $1.78 $2.21 $2.68 $3.01 $2.67