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Forent Energy Ltd. (TSXV:FEN) reported its third quarter financial results based on International Financial Reporting Standards.
Forent Energy Ltd. (TSXV:FEN) reported its third quarter financial results based on International Financial Reporting Standards.
As quoted in the press release:
Financial and operating – Third Quarter of 2011
- Oil production in the third quarter increased by 27 percent, with natural gas decreasing by 25%, compared to 2010;
- average commodity selling prices for oil, NGL’s and natural gas increased by 16 percent vs. 2010;
- net oil and gas revenues increased by 14 percent to $856,864 from $751,568 in 2010;
Click here to read the Forent Energy Ltd. (TSXV:FEN) press release.
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