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Article: Bankers Petroleum demonstrates continued quarter over quarter growth in first quarter 2007.
- Article from:
- PR Newswire
- Article date:
- May 10, 2007
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Success from U.S. Exploration Program While Expanding Scope to Capture Additional Albanian Upside
Unless otherwise noted, all figures contained in this release are in U.S. dollars.
CALGARY, May 10 /PRNewswire-FirstCall/ -- Bankers Petroleum Ltd. (TSX: BNK, AIM: BNK) today announced continued strong results in its first quarter of 2007. Revenue for the quarter almost doubled to $10.7 million compared to $5.7 million in the first quarter of 2006. Funds from operations were $2.9 million, compared to $0.7 million for the comparable period in 2006.
"We continue to see strong quarter over quarter growth in our results," said Richard Wadsworth, ...