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Bankers Petroleum Achieves Quarter-Over-Quarter Growth in Third Quarter 2007.
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PR Newswire
- Article date:
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November 9, 2007
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Positive Results and Natural Gas Sales in Oklahoma Lead to Potential Development Project
Unless otherwise noted, all figures contained in this release are in U.S. dollars.
CALGARY, Nov. 8 /PRNewswire-FirstCall/ -- Bankers Petroleum Ltd. (TSX: BNK, AIM: BNK) today announced strong results and continued quarter-over-quarter growth in its third quarter of 2007. Revenue for the quarter increased 77% to $16.4 million compared to $9.4 million in the third quarter of 2006. Net operating income grew to $8.8 million in the quarter from $4.3 million in the comparable period in 2006. Funds from operations were $6.4 million, compared to $3.0 million for the third quarter of ...