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New Concept Energy, Inc. (GBR)


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New Concept Energy, Inc.

1603 Lyndon B Johnson Freeway
Suite 300
Dallas, TX 75234
United States
972-407-8400
http://www.newconceptenergy.com

SectorBasic Materials
IndustryIndependent Oil & Gas
Full Time Employees16

Key Executives

NameTitlePayExercisedAge
Mr. Gene S. BertcherChairman, Chief Exec. Officer, Pres and Chief Financial Officer53.65kN/A68
Mr. Oscar SmithVP and Sec.N/AN/A74
Amounts are as of December 31, 2016 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. Currency in USD.

Description

New Concept Energy, Inc., through its subsidiaries, owns and operates oil and gas wells, and mineral leases primarily in the United States. Its oil and gas wells, and mineral leases are located in Athens and Meigs counties in Ohio; and Calhoun, Jackson, and Roane counties in West Virginia. As of December 31, 2016, the Company had 153 producing gas wells; 31 non-producing wells and related equipment; and mineral leases covering approximately 20,000 acres. The company was formerly known as CabelTel International Corporation and changed its name to New Concept Energy, Inc. in May 2008. The company was founded in 1978 and is based in Dallas, Texas. New Concept Energy, Inc. is a subsidiary of Arcadian Energy, Inc.

Corporate Governance

New Concept Energy, Inc.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.