RE: Numbers Are Up On SEDAR Results of Operations
During the six month period ended December 31, 2012, the Company recognized a total of $538,477 (2011 - $295,409) inpetroleum and gas revenues. The Company paid $41,761 (2011 - $26,648) in royalties and $241,698 (2011 - $133,034) inproduction expenses. The revenues were derived from the sale of the following:
Bigstone property - 1,532.90 E³M³ of gas, 0.19 m³ of ethane, 132.16 m³ of propane, 90.46 m³ of butane, 5.62 m³ of pentane plus and 228.62 m³ of condensate.
Badger property – 77.00 E³M³ of gas, 0.20 m³ of propane, 0.70 m³ of butane, 1.10 m³ of pentane plus and 21.50 m³ of oil.
Ferrier property – 208.75 E³M³ of gas and 42.06 m³ of NGL’s.
Watts property – 724.25 E³M³ of gas and 3.15 m³ of oil.