Business
Berens Energy Ltd. releases financial results for the fourth quarter and year ended December 31, 2007
Symbol: BEN - TSX CALGARY, March 27 /CNW/ - -----------------------------------------------------...
About this update from Argenta Silver Corp
[{"type":"text","content":"\n\n\n\nSymbol: BEN - TSX\n\n\nCALGARY, March 27 /CNW/ -\n\n\n -----------------------------------------------------------------\n\n FINANCIAL AND OPERATING HIGHLIGHTS\n\n-------------------------------------------------------------------------\n($ Cdn thousands, Three months Twelve months\n except as noted) ended December 31, ended December 31,\n-------------------------------------------------------------------------\n % %\n 2007 2006 Change 2007 2006 Change\n-------------------------------------------------------------------------\nSales volume\n Natural gas\n (mcf/day) 19,018 18,440 3% 18,981 17,420 9%\n Oil and ngls\n (bbl/day) 626 483 30% 564 469 20%\n boe/day (6 to 1) 3,796 3,556 7% 3,728 3,373 11%\n-------------------------------------------------------------------------\nRevenue net of\n royalties 13,214 11,213 18% 49,609 40,118 24%\nNet income (loss) (680) (21,951) (27,440) (28,340)\n Per share (basic\n and diluted) $(0.01) $(0.24) $(0.30) $(0.33)\nFunds from\n operations(1) 7,991 6,118 31% 29,554 22,471 32%\n Per share (basic\n and diluted)(1) $0.09 $0.07 29% $0.32 $0.26 23%\n-------------------------------------------------------------------------\nCapital costs\n Exploration and\n development 5,986 11,474 35,468 52,807\n Land and seismic 412 896 3,807 3,583\n Other 4 37 56 295\n-------------------------------------------------------------------------\n Total 6,402 12,407 (48%) 39,331 56,685 (31%)\n-------------------------------------------------------------------------\nNet wells\n completed (No.)\n-------------------------------------------------------------------------\n Natural gas 3 6 14 25\n-------------------------------------------------------------------------\n Oil - - 2 -\n-------------------------------------------------------------------------\n Dry - 1 2 4\n-------------------------------------------------------------------------\n Total 3 7 18 29\n-------------------------------------------------------------------------\nNet working capital\n (deficit) -\n including bank\n debt (59,516) (56,271) 6% (59,516) (56,271) 6%\n-------------------------------------------------------------------------\nShares outstanding\n End of period\n (000's) 93,172 92,947 - 93,172 92,947 -\n-------------------------------------------------------------------------\n----------------------------------------------------------...