President Salary at Premier Minerals Inc BETA

How much does a Premier Minerals Inc President make?

As of April 2025, the average annual salary for a President at Premier Minerals Inc is $717,710, which translates to approximately $345 per hour. Salaries for President at Premier Minerals Inc typically range from $550,140 to $902,238, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Premier Minerals Inc Overview

Website:
pmrllc.net
Size:
<25 Employees
Revenue:
<$5M
Industry:
Energy & Utilities

Premier Minerals, Inc. is a licensed, bonded operator in the state of Texas and operates many wells mainly throughout the Gulf Coast region. Premier secured two contiguous leases comprising 479 acres in the widely known and highly prolific Barnett Shale play. Approximately 18 months ago Premier drilled two wells on these leases and is awaiting completion of the Empire Pipeline, Inc. conveyance system to carry its production to market. A copy of the Rall #1 log is enclosed. Although both wells merited completion, the Rall #1 log was indicative of a much better than average well. Mitchell Energy (now Devon) is considered the pioneer of the Shale, having started experimenting with hydraulic fracture stimulation (frac) techniques 20 years ago. Since then, three evolutions of this technique have occurred which have increased production from an average of 200 MCFGD to the current levels of 1,100 MCFGD. This technology is still evolving with cementless completions and other innovations, which we expect will raise production even further. This has dramatically changed the economics of these wells, which makes the acquisition of the leases the most difficult aspect of a project such as ours. Large companies such as Devon and Denbury have tied up huge acreage blocks in the area. It is only through careful and accommodating negotiation that these relatively small blocks can be acquired through the individuals not inclined to accept "take it or leave it" offers from the majors. For many years the development of the Barnett Shale has been limited by the lack of pipelines into which newly discovered wells could deliver natural gas. Empire Pipeline, Inc. is actively acquiring the rights-of-way to connect to our leases. We have already installed a three-mile gathering system infrastructure. Empire is condemning a large acreage block, which is most of what is needed to complete their 13-mile right-of-way. We anticipate having gas sales very soon. Premier is drilling two additional wells on the same acreage. As we reach ...

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What Skills Does a person Need at Premier Minerals Inc?

At Premier Minerals Inc, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  2. Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.
  3. Initiative: Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.
  4. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  5. Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.

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Check more jobs information at Premier Minerals Inc

Job Title Average Premier Minerals Inc Salary Hourly Rate
2 Administrative Assistant and Bookkeeper $37,556 $18
3 Manager, Administration $128,371 $62
4 Senior Geologist $71,496 $34

Hourly Pay at Premier Minerals Inc

The average hourly pay at Premier Minerals Inc for a President is $345 per hour. The location, department, and job description all have an impact on the typical compensation for Premier Minerals Inc positions. The pay range and total remuneration for the job title are shown in the table below. Premier Minerals Inc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $717,710 look to you?

FAQ about Salary and Jobs at Premier Minerals Inc

1. How much does Premier Minerals Inc pay per hour?
The average hourly pay is $345. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Premier Minerals Inc?
According to the data, the highest approximate salary is about $902,238 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Premier Minerals Inc?
According to the data, the lowest estimated salary is about $550,140 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.