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Good to the last drop. Vintage Petroleum makes a living from what other oil and gas producers have left behind. The firm (which in 2005 agreed to be acquired by Occidental Petroleum for $3.8 billion) specializes in buying producing properties and trying to increase their yields through various reworking techniques. Vintage has proved reserves of 437.2 million barrels of oil equivalent. It owns properties in the East Texas, Gulf Coast, West Coast, and midcontinent regions of the US. Vintage also has assets in Argentina, Bolivia, and Yemen. It has sold its oil reserves in Ecuador and Trinidad and Tobago to pay down debt.
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| | | Contact Information | |
Address: |
110 W. 7th St.
Tulsa, OK 74119-1029
| | Phone: | 918-592-0101 | | Fax: | 918-878-5282 |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2004): | 778.20 M | | Revenue Growth (1 yr): | 1.40% | | Employees (2004): | 685 | | Employee Growth (1 yr): | (-2.10%) |
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Key People
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Chairman, President, and CEO:
Charles C. Stephenson Jr.
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EVP, CFO, Secretary, Treasurer, and Director:
William C. Barnes
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EVP, COO, and Director:
William L. Abernathy
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