The Wiser Oil Company

Location:

8115 Preston Road Suite 400DallasTexas75225United States View Map

Revenue:

$16.2 Million

Employees:

81

SIC Codes:

1311, 1381

NAICS Codes:

211111, 213112

Phone:

(214) 265-0080

Fax:

(214) 373-3610
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Description:

The Wiser Oil Company is an independent oil and gas exploration and production company operating in Texas, New Mexico, the Gulf Coast and Western Canada. The Company's total proved reserves, at December 31, 2003, were 191.2 billion cubic feet equivalent (Bcfe), with oil and natural gas liquids (NGLs) comprising 49% and natural gas comprising 51% of total reserves. Its proved reserves, at December 31, 2003, were 85% developed, with 70% located in the United States and 30% located in Canada. During the year ended December 31, 2003, the Company drilled or participated in 11 gross United States exploration wells, wherein seven were completed as oil or gas wells in the targeted interval and one was completed as a shallower development well. In the Gulf of Mexico, the Company participated in six exploration wells and one dry hole, which were generated and drilled through a joint venture with Remington Oil and Gas Corp. (Source: 10-K)

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