BNET Industries

Transmeridian Exploration Inc.

(TMYEQ) is in the Energy Industry

Market Cap:$936.7K
Last Fiscal Year Sales:$34.0M
  • Public
  • US
Dow Jones Description

Transmeridian Exploration, Inc. (the ?Company? or ?Transmeridian?) was incorporated in the State of Delaware in April 2000. We are engaged in the business of development and production of oil and gas properties. Our activities are primarily focused on the Caspian Sea region of the former Soviet Union and our primary oil and gas property is License 1557 and the related Exploration Contract for the development of the South Alibek Field (?South Alibek? or the ?Field?) in the Republic of Kazakhstan. We conduct our operations in Kazakhstan through a 50% owned subsidiary, Caspi Neft TME (?Caspi Neft?). Caspi Neft is an Open Joint Stock Company (?OJSC?) organized under the laws of Kazakhstan. The remaining 50% of Caspi Neft is owned by Bramex Management, Inc. (?Bramex?), the successor to Kazstroiproekt, Ltd. At December 31, 2004, the Company?s 50% share of Caspi Neft?s estimated total proved reserves were 26,813,736 barrels of oil (?Bbls?). All of these reserves are attributable to the South Alibek Field.

Board of Directors
James H Dorman
Number of Employees 125
Contact Information

5847 San Felipe St Ste 4300

Houston, Texas 77057

(713) 458-1100

NAICS Code Drilling Oil and Gas Wells: 213111

Board of Directors

Name (plus bio) Position
James H Dorman Board of Directors

James H. Dorman joined our board of directors on December 27, 2007, replacing the position vacated by Mr. Piazza. Mr. Dorman has almost 50 years of experience in exploration and development, as a professional geologist and as an oil and gas executive. Since 2001, he has been involved in various advisory projects for Platinum Energy Corporation. Since 2002, he has been a member of the Board of Directors of Transmeridian Exploration, Inc., a publicly-held exploration and production company. In 1996, Mr. Dorman founded Doreal Energy Corporation, also a publicly-held exploration and production company, and served as President, Chief Executive Officer and a Director until retiring in 2001. Since May 2007, Mr. Dorman has been a manager and principal of KD Resources, LLC, a privately owned oil and gas exploration company that Mr. Dorman founded along with other senior executives and directors of Platinum Energy Corporation.

Organization Position Status
Transmeridian Exploration, Inc. Board of Directors Current
Ignis Petroleum Group, Inc. Board of Directors Current
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     TMYEQ $0.01 0.00 (0.00% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 225,670
Shares Outstanding 117.09M
Market Cap 936.7K
Year High 0.024
Year Low 0.003
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
IndustryTop Rated

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