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Petrokazakhstan Chief Earned $92

PetroKazakhstan's 2004 profits rose 58 per cent over

Petrokazakhstan Chief Earned $92

Canadian-Kazakh oil producer PetroKazakhstan?s chief Bernard Isautier cashed out $92.6 million worth of stock options last year.

He also received $494,000 in salary for the year in which his company posted record net earnings of $501 million US.

PetroKazakhstan's 2004 profits rose 58 per cent over the previous year due to record energy prices. Revenue increased to $1.64 billion from $1.12 billion in 2003.

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