Avatar Energy Reports its 2012 First Quarter Financial Results

Oil and Gas Investing

Avatar Energy Ltd. (TSXV:AVG) reported its 2012 first quarter financial results.

Avatar Energy Ltd. (TSXV:AVG) reported its 2012 first quarter financial results.

As quoted in the press release:

First Quarter 2012 Highlights

  • stable production averaging 63 barrels of oil equivalent per day
  • reduction in general & administrative expenses by 40% over the same period in 2011

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

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