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Tuesday, December 1, 2009, 11:53AM ET - U.S. Markets close in 4 hours and 7 minutes. Dow Up 1.20% Nasdaq Up 1.43%
NGAS Resources Inc. (NGAS)At 11:33AM ET: 1.725  Down 0.065 (3.63%)  
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NGAS Resources Inc.
120 Prosperous Place
Suite 201
Lexington, KY 40509-1844
United States - Map
Phone: 859-263-3948
Fax: 859-263-4228
Web Site: http://www.ngas.com

DETAILS 
Index Membership:N/A
Sector:Basic Materials
Industry:Oil & Gas Drilling & Exploration
Full Time Employees:122

BUSINESS SUMMARY 
NGAS Resources, Inc., together with its subsidiaries, engages in the exploration and production of natural gas principally in the southern portion of the Appalachian Basin in the eastern United States. The company also has interests in the New Albany shale play within the Illinois Basin in western Kentucky, as well as interests in a non-operated coalbed methane project in the Arkoma Basin and non-operated projects in West Virginia and Virginia. In addition, NGAS Resources, Inc. own rights to gold and silver properties covering 381 acres on Unga Island in the Aleutian Chain, southwest of Anchorage, Alaska. Further, it owns and operates distribution systems for retail sales of natural gas for two communities in southcentral Kentucky. The company’s customers include gas marketing intermediaries, pipelines, transmission companies, and local refineries. NGAS Resources, Inc. was founded in 1979 and is based in Lexington, Kentucky.
Key Statistics

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    KEY EXECUTIVES 
     PayExercised
    Mr. William S. Daugherty , 54
    Chairman, Chief Exec. Officer, Pres and Chairman of Daugherty Petroleum Inc
    $ 522.00K $ 485.00K
    Mr. Michael P. Windisch , 34
    Chief Financial Officer and Principal Accounting Officer
    $ 358.00K $ 406.00K
    Mr. William G. Barr III, 59
    VP of Legal Affairs & Acquisitions and Chief Exec. Officer of Daugherty Petroleum Inc
    $ 447.00K $ 486.00K
    Mr. D. Michael Wallen , 54
    VP, Sec. and Pres of Daugherty Petroleum Inc
    $ 447.00K $ 0
    Mr. Clarence Cottman III,
    Advisor
    N/A N/A
    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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