Primera Energy Resources Ltd. Releases Q2 Financial Results
Investing News Network - August 31st, 2011
Primera Energy Resources Ltd. (CVE:PTT) reports a 9% increase in oil production in the second quarter of 2011.
Primera Energy Resources Ltd. (TSXV:PTT) reports a 9% increase in oil production in the second quarter of 2011.
The press release is quoted as saying:
Operating costs per barrel decreased to $6.36 per barrel compared to $8.12 per barrel in the comparable period last year. The overall operating costs dropped to $195,356 from $228,626 reflecting increased field efficiencies in spite of higher volumes being produced.
