Compass Petroleum Ltd. Announces Financial and Operating Results for the Second Quarter of Fiscal 2011

Compass Petroleum Ltd. (TSXV:CPO) reports the company’s financial and operating results for the quarter ended December 31, 2010.

The press release is quoted as saying:

December 2010 sales averaged 997 boepd, weighted 67% to oil. Viking light oil sales from Lucky Hills averaged 321 barrels of oil per day (“bopd”) in December 2010. Oil inventory equivalent to 142 bopd of Viking light oil production remained unsold at December 31, 2010 due to pipeline constraints.

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