HW PEACE II

Corporate Board Profile

Tech Score: 0/100

PHX MINERALS INC.

Filing Date	Source Excerpt
2005-01-25	HW Peace II 69 Director, President and Chief Executive Officer 1991 Feb. 2005 HW Peace II has been President and Chief Executive Officer of the Company since 1991. During fiscal 2004, the Board of Directors awarded Mr. Peace, President and Chief Executive Officer, a base salary of $180,000 for calendar year 2004 and a performance bonus of $25,000. The Summary Annual Compensation Table shows total compensation for 2004 as $177,500 salary + $25,600 other compensation + $30,465 stock value.
2006-01-25	HW Peace II 70 Director, President and Chief Executive Officer 1991 Feb. 2008; During fiscal 2005, the Board of Directors awarded Mr. Peace, President and Chief Executive Officer, a base salary of $200,000 for calendar year 2005 and a performance bonus of $35,000. The increases in salary and the bonus were based on fiscal 2004 financial operating results. Fiscal 2004 saw increases in total revenues and net income of the Company. The Company was able to more than replace oil and gas produced during fiscal 2004 with reserves from new wells drilled and completed in fiscal 2004. However, because of revisions to older well reserves, net oil and gas reserves remained basically flat compared to fiscal year 2003. Production on a mcf equivalent basis for fiscal 2004 was essentially equivalent to fiscal 2003. Based on these factors, the Committee recommended these increases. Summary Annual Compensation Table shows for 2005: Salary $195,000, Bonus $35,600, Other Compensation $34,590.

Filing Date

Source Excerpt

2005-01-25

HW Peace II 69 Director, President and Chief Executive Officer 1991 Feb. 2005 HW Peace II has been President and Chief Executive Officer of the Company since 1991. During fiscal 2004, the Board of Directors awarded Mr. Peace, President and Chief Executive Officer, a base salary of $180,000 for calendar year 2004 and a performance bonus of $25,000. The Summary Annual Compensation Table shows total compensation for 2004 as $177,500 salary + $25,600 other compensation + $30,465 stock value.

2006-01-25

HW Peace II 70 Director, President and Chief Executive Officer 1991 Feb. 2008; During fiscal 2005, the Board of Directors awarded Mr. Peace, President and Chief Executive Officer, a base salary of $200,000 for calendar year 2005 and a performance bonus of $35,000. The increases in salary and the bonus were based on fiscal 2004 financial operating results. Fiscal 2004 saw increases in total revenues and net income of the Company. The Company was able to more than replace oil and gas produced during fiscal 2004 with reserves from new wells drilled and completed in fiscal 2004. However, because of revisions to older well reserves, net oil and gas reserves remained basically flat compared to fiscal year 2003. Production on a mcf equivalent basis for fiscal 2004 was essentially equivalent to fiscal 2003. Based on these factors, the Committee recommended these increases. Summary Annual Compensation Table shows for 2005: Salary $195,000, Bonus $35,600, Other Compensation $34,590.

Data sourced from SEC filings. Last updated: 2025-08-30