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Article: BANKERS PETROLEUM LIMITED - Half-yearly Report.
- Article from:
- PR Newswire UK Disclose
- Article date:
- August 13, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Bankers Petroleum achieves record production, revenue, funds from operations
and net income
CALGARY, Aug. 13 /CNW/ - Bankers Petroleum Ltd. (TSX: BNK, AIM: BNK) is
pleased to announce record production, revenue and funds from operations
during the three months ended June 30, 2008.
- Average production was 6,131 boepd, 5,826 bopd from Albania and
305 boepd from its U.S. operations, representing a 12% increase from
5,452 boepd for the first quarter of 2008, and 42% higher than the
4,314 boepd for the second quarter of 2007.
- Higher production and increased commodity prices resulted in revenue
of $36.4 million for the ...