Schedule of Base Salaries and 2005 Annual Bonuses for Executive Officers

Summary

This document lists the annual base salaries and 2005 bonus information for certain executive officers of the company, including the President and CEO, CFO, and several Vice Presidents. It outlines the specific salary amounts assigned to each named executive for the year 2005. The agreement serves as a record of compensation terms for these key officers.

EX-10.47 4 dex1047.htm EXHIBIT 10.47 Base Salaries and 2005 Annual Bonuses for certain Executive Officers

Exhibit 10.47

Schedule of Base Salaries and 2005 for

Certain Executive Officers

 

Name and Position

   Annual Base Salary

S.P. Johnson IV

President and Chief

Executive Officer

   $ 283,500

Paul F. Boling

Chief Financial Officer, Vice President, Secretary

and Treasurer

   $ 173,250

Gregory E. Evans

Vice President,

Exploration

   $ 175,000

J. Bradley Fisher

Vice President and Chief

Operating Officer

   $ 226,800

Jack Bayless

Vice President of Land

   $ 175,000