Trafina Announces Q1 2011 Financial and Operating Results

Trafina Energy Ltd. (TSXV:TFA.A) reports on its financial and operating results for the three months ended March 31, 2011.

The press release is quoted as saying,

Trafina continues to execute its strategy of increasing its oil weighting. The Company expects to drill four vertical heavy oil wells at McMullen in July 2011 that may generate production by August 2011. Depending on success, additional drilling would follow. In addition to McMullen, the Company is continuing to develop its oil prospects at Divide in southwest Saskatchewan and Pembina in Alberta. These oil prospects are all supported by stable natural gas production at Wetaskiwin, Alberta.

For the complete press release, click here.