It was announced late last week that for the three months ending December 31, 2009 and 2008, revenues, reported as JayHawk's net working interest, were $194,401 and $157,033, respectively. The total operation expense was also announced and that what that showed for the three months ended December 31, 2009 and 2008 was $632,235, and $845,195, respectively.
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JayHawk Energy, Inc., together with its subsidiary, JayHawk Gas Transportation Corporation, engages in the acquisition, exploration, development, production, and sale of natural gas, crude oil, and natural gas liquids primarily from conventional reservoirs within North America. The company owns interests in the Uniontown project covering mineral leases of approximately 35,000 gross acres in Kansas; the Girard project covering 44,216 leased acres in Kansas; and the Candak project, which includes 5 producing wells, as well as oil, gas, and mineral rights in a 15,500-acre land in the Williston Basin, North Dakota. It also transports its gas in Kansas through a pipeline. The company was formerly known as Bella Trading Company, Inc. and changed its name to JayHawk Energy, Inc. in June 2007. JayHawk Energy, Inc. was founded in 2004 and is based in Post Falls, Idaho.
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