Angle Announces 2011 First Quarter Results

Oil and Gas Investing

Angle Energy Inc. (TSE:NGL) reports the company’s financial and operating results for the three months ended March 31, 2011.

Angle Energy Inc. (TSX:NGL) reports the company’s financial and operating results for the three months ended March 31, 2011.

The press release is quoted as saying:

Angle’s first quarter of 2011 was significant for the Company, with record production of 12,730 boe per day achieved in the period. Importantly, the operating netback per barrel also increased by 12 percent compared to the first quarter of 2010, despite the decrease in natural gas prices of approximately 24 percent between these periods.

Click here to access the entire press release

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