Unit Corp.
1000 Kensington Tower
7130 South Lewis Suite 1000
Tulsa,
OK 74136
Phone: 918-493-7700
Fax: 918-493-7711
Web Site: http://www.unitcorp.com
| REUTERS ABRIDGED BUSINESS SUMMARY | |
| Unit Corporation operates as a contract drilling company. The company operates through three segments: Contract Drilling, Oil and Natural Gas, and Mid-Stream. The Contract Drilling segment engages in land contract drilling of natural gas and oil wells. This segment has operations in Oklahoma and Texas areas of the Anadarko and Arkoma Basins, the North Texas Barnett Shale, the Texas and Louisiana Gulf Coast, East Texas and the Rocky Mountain regions of Wyoming, Colorado, Utah, Montana, and North Dakota. The Oil and Natural Gas segment involves in the exploration, development, acquisition, and production of oil and natural gas properties. Its producing oil and natural gas properties, undeveloped leaseholds, and related assets are located primarily in Oklahoma, Texas, Louisiana, and New Mexico, as well as in Arkansas, North Dakota, Colorado, Wyoming, Montana, Alabama, Kansas, Mississippi, Michigan, Pennsylvania, Maryland, and a small portion in Canada. The Mid-Stream segment engages in buying, selling, gathering, processing, and treating natural gas. It operates 3 natural gas treatment plants, 9 operating processing plants, 37 active gathering systems, and 770 miles of pipeline in Oklahoma, Texas, Louisiana, Kansas, and Pennsylvania. Unit Corporation also operates 132 rigs for drilling services. The company was founded in 1963 and is based in Tulsa, Oklahoma. |
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| Key Statistics | More from Reuters
Expanded Business Description |
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| REUTERS ABRIDGED FINANCIAL SUMMARY | |
| | Pay | Exercised | Mr. Larry D. Pinkston , 53
Chief Exec. Officer, Pres, Chief Operating Officer |
$
600.00K |
$
897.00K | Mr. King P. Kirchner , 81
Co-Founder |
$
70.00K | N/A | Mr. David T. Merrill , 48
Chief Financial Officer and Treasurer |
$
290.00K |
$
0 | Mr. Mark E. Schell , 50
Sr. VP, Sec. and Gen. Counsel |
$
300.00K |
$
897.00K | Mr. John Cromling , 61
Exec. VP of Drilling - Unit Drilling Co |
$
290.00K |
$
94.00K |
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Dollar amounts are as of
31-Dec-08
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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0.67 (1.52%)
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