GeoMet, Inc. · Houston, TX United States · (NASDAQ (GM): GMET)
Company Description
More Companies in: Houston, Texas
More Companies in These Related Industries: Oil & Gas Extraction
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Hoping for the day when high gas prices will result in geometric financial growth, GeoMet is engaged in the exploration and production of natural gas from coalbed methane properties in Alabama, Virginia, West Virginia, and Canada. The methane gas explorer is developing the Gurnee field in the Cahaba Basin and the Garden City and White Oak Creek field (all in Alabama), and the Pond Creek and Lasher fields in the Appalachian Basin. It also has holdings in the Peace River field in British Columbia. GeoMet controls a total of 213,000 net acres of coalbed methane assets. In 2008 the company reported proved reserves of 319.5 billion cu. ft. of natural gas equivalent. To read the full description, subscribe now.
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GeoMet, Inc. Reports
Key GeoMet, Inc. Financials
| Company Type | Public - NASDAQ (GM): GMET Headquarters |
| Fiscal Year-End | December |
| 2008 Employees | 89 |
GeoMet, Inc. Executives
12 executives listed for GeoMet, Inc.'s Houston, TX location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | J. Darby Seré | |
| SVP Operations | Brett Camp | |
| EVP and CFO | William Rankin |
Competition
Competitive Landscape for GeoMet, Inc.
Demand is driven by US consumption of gas and diesel fuel. The profitability of refineries depends on efficient operations and the best mixture of products. Although there are significant economies of scale in refinery operations, a small refinery can compete effectively with large ones if it's located in a favorable market area, or if it produces specialty products that are in high demand. The industry is highly automated: average annual revenue per worker is over $7 million. To read the full description, subscribe now.Top GeoMet, Inc. Competitors
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