Seven J Stock Farm, Inc. - SEVJ- Profile

Seven J Stock Farm, Inc.. The Group's principal activity is to produce and sell field crops, lease pastures and gather natural gas through pipelines. The Group also receives oil and gas royalties for minerals underlying the land owned in fee. The Group operates in two principal segments namely agriculture and oil and gas. The agriculture segment consists of producing and selling of field crops and the leasing of ranch land not used in farming operations. The oil and gas segment owns a gas gathering system, which is owned by Madison Pipe Line Co., a wholly owned subsidiary of the Group. Oil and Gas accounted for 54% of 2002 revenues and Agriculture, 46%.