BlackPearl Reports 10% Increase in 2011 Financial Results

BlackPearl Resources Inc. (TSX:PXX) reported its financial and operating results for the period that ended December 31, 2011.

As quoted in the press release:

Highlights and accomplishments in 2011 included:

• Oil and gas production increased 10% in 2011 to 7,620 boe/day; Q4 2011 production was 8,734 boe/day, up 20% from the prior year; This growth was achieved during a period when we sold properties that were producing over 1,000 boe/day;

Click here to read the BlackPearl Resources Inc. (TSX:PXX) press release.