BUSINESS FILE

Employers needed for Job Hunt

Each year, the Steamboat Springs Workforce Center participates in the Governor's Summer Job Hunt, developed to help youth ages 16 to 21 find summer employment. The program is designed to promote summer employment opportunities for youth, which will provide a positive work experience, teach good work habits, and lead to future responsible, productive citizenship.

The Workforce Center can list employers' summer job openings and pre-screen applicants so that they meet their requirements. The Workforce Center has booklets and information available regarding hiring youth workers and youth labor laws.

In addition, the center has resources for job seekers to help prepare them for the workplace; such as rmnd interview preparation, job-hunting skills, and employer expectations.

There is never a fee to employers or applicants for the center's services.

Teton Petroleum reports revenues

Steamboat Springs-based Teton Petroleum Company reported revenues of $1,625,000 for the year ending Dec. 31, 2001. The company reported a net loss of $1,742,000 for 2001, or ($0.06) per share, compared to a loss of $2,957,000, or ($0.17) per share, for 2000.

"Our achievements in 2001 have positioned our company for future profitability," said Teton's Chief Financial Officer Tom Conroy. "We attained significant increases in production and reserves as a result of our investments in drilling and completing the new wells and by expanding our pipeline infrastructure in 2001."

Teton is an oil and gas exploration and production company which conducts its active business solely through a 50 percent ownership interest in Goltech LLC, a Texas limited liability company. Teton's field production in Western Siberia has increased to 4,500 barrels of oil per day.

Teton also announced that it has appointed Karl F. Arleth to fill the post of outside director.

Currently, Arleth serves as chief operating officer and a director of Sefton Resources Inc. in Denver.

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