Trilogy Energy: 2012 Q1 Financial And Operating Results

Trilogy Energy Corp. (TSX:TET) reported 2012 first quarter financial and operating results.

As quoted in the press release:

FINANCIAL AND OPERATING HIGHLIGHTS

• Reported sales volumes for the first quarter of 2012 averaged 31,012 Boe/d compared to 28,288 Boe/d for the previous quarter, representing a 10 percent increase over the sales volumes for the prior quarter.

• Oil sales volumes increased 32 percent quarter-over-quarter. Combined oil and natural gas liquids sales volumes increased to 40 percent of total sales volumes, from 36 percent in the prior quarter.

Click here to read the Trilogy Energy Corp. (TSX:TET) press release.