Avatar Energy Reports 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.