Avatar Announces Third Quarter 2011 Financial Results

Resource Investing News

Avatar Energy Ltd. (TSXV:AVG) reported its third quarter 2011 financial results.

Avatar Energy Ltd. (TSXV:AVG) reported its third quarter 2011 financial results.

As quoted in the press release:

Third Quarter 2011 Highlights

  • Production averaged 104 barrels of oil equivalent (“BOE”) per day, a 40% increase over the same period in 2010.
  • Revenue has increased by 120% compared to the same period in 2010.

Click here to read theAvatar Energy Ltd. (TSXV:AVG) press release.

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