Can someone clarify?Why to June it looks like they only got approx $35 dollars a barrel while the market was $50 plus the whole time.Am i reading this wrong... Crude oil sales $13,756 $27,175 Net income $566 $1,460 Per share - basic $0.003 $0.009 Per share - diluted $0.003 $0.009 Cash flow from operations $3,092 $6,323 Per share - basic $0.018 $0.040 Per share - diluted $0.017 $0.038 Capital expenditures $4,138 $8,172 Net funding of associate $142 $2,978 Shareholders equity $100,871 $100,871 Shares outstanding - basic 172,375 172,375 Shares outstanding - diluted 178,750 178,750 Weighted average shares - basic 172,375 158,880 Weighted average shares - diluted 178,750 165,255 ------------------------------------------------------------------------- OPERATIONAL HIGHLIGHTS: 3 months ended 6 months ended June 30th, 2005 June 30th, 2005 ------------------------------------------------------------------------- Production - barrels 521,472 952,974 Average daily production - barrels 5,730 5,265 Revenue and expenses per barrel sold (US dollars) ------------------------------------ Crude oil sales $34.31 $32.63 Interest and other income $0.81 $0.65 Royalties and taxes ($10.19) ($8.57) Production costs ($2.35) ($2.92) Transportation and other selling costs ($3.26) ($3.54) Net operating income $19.32 $18.25 -------------------------------------------------------------------------