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Artek Announces First Quarter 2011 Financial Results and Updates Operations

Written by Investing News Network
|
May. 26, 2011 05:35PM PST

Artek Exploration Ltd. (TSE:RTK) reports the company’s financial and operating results for the quarter ended March 31, 2011.

Artek Exploration Ltd. (TSX:RTK) reports the company’s financial and operating results for the quarter ended March 31, 2011.

The press release is quoted as saying:

Production averaged 2,177 boe/d, up 5% and 21% from the first and fourth quarters of 2010, respectively. Exit production for the period was approximately 2,700 boe/d of which over 40% was crude oil and NGLs production.

Click here to access the entire press release

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