North Sea Energy: 2012 Q1 Unaudited Financial Results

North Sea Energy Inc. (TSXV:NUK) reported its 2012 first quarter unaudited financial results.

As quoted in the press release:

Financial highlights for the period ended March 31, 2012:

• Cash on hand $4,938,368 (December 31, 2011: $5,389,699)

• Working capital $3,882,914 (December 31, 2011: $3,833,599)

• Cash flow from operations of $(560,230) (March 31, 2011: $1,620,029)

Click here to read the North Sea Energy Inc. (TSXV:NUK) press release.