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Forent Energy: 2012 First Quarter Financial Results
May. 25, 2012 10:00PM PST
Resource Investing News Forent Energy Ltd. (TSXV:FEN) reported its 2012 first quarter financial results.
Forent Energy Ltd. (TSXV:FEN) reported its 2012 first quarter financial results.
As quoted in the press release:
Financial and Operating Results – First Quarter 2012
- The Company was cash flow positive in the first quarter and enjoyed positive corporate netbacks, compared to in 2011;
- average oil and gas production increased 3 percent compared to 2011;
- weighted average commodity selling prices decreased by 12 percent vs. 2011, due to significantly lower natural gas prices;
Click here to read the Forent Energy Ltd. (TSXV:FEN) press release.
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