Tengasco reports 2017 executive compensation

CEO Michael J. Rugen receives $199K

Tengasco reported fiscal year 2017 executive compensation information on November 1, 2018.

In 2017, two Tengasco executives received on average a compensation package of $142,155, which is about the same as previous year.

Michael J. Rugen, Chief Executive Officer, received $198,955 in total, which is about the same as previous year. 82.36% of Rugen's compensation, or $163,857, was in salary. Rugen also received $19,276 in bonus, $9,149 in stock awards, as well as $6,673 in other compensation.

Cary V. Sorensen, General Counsel, received a compensation package of $85,354, which is about the same as previous year. 95.95% of the compensation package, or $81,900, was in salary.