Business
Berens Energy Ltd. Releases Financial Results for the Year and Fourth Quarter Ended December 31, 2006
Berens Energy Ltd. Releases Financial Results for the Year and Fourth Quarter Ended December 31, 2006.
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 FINANCIAL AND OPERATING HIGHLIGHTS\n\n-------------------------------------------------------------------------\n($ Cdn thousands, Three months\n except as noted) ended December 31,\n-------------------------------------------------------------------------\n 2006 2005 % Change\n-------------------------------------------------------------------------\nSales volume\n Natural gas (mcf/day) 18,440 11,537 60%\n Oil and ngls (bbl/day) 483 176 174%\n boe/day (6 to 1) 3,556 2,099 69%\n-------------------------------------------------------------------------\nRevenue net of royalties 11,213 9,537 18%\nNet income (loss) (21,951) (475)\n Per share (basic and diluted) $ (0.24) $ (0.01)\nFunds from operations(1) 6,118 6,827 (10%)\n Per share (basic and diluted)(1) $ 0.07 $ 0.13 (46%)\n-------------------------------------------------------------------------\nCapital costs\n Exploration and development 11,112 9,198\n Land and seismic 896 2,955\n Other 37 193\n-------------------------------------------------------------------------\n Total 12,045 7,165 79%\n-------------------------------------------------------------------------\nNet wells completed (No.)\n-------------------------------------------------------------------------\n Natural gas 7 9\n-------------------------------------------------------------------------\n Oil - 1\n-------------------------------------------------------------------------\n Dry 1 2\n-------------------------------------------------------------------------\n Total 8 12\n-------------------------------------------------------------------------\nNet working capital (deficit)\n - including bank debt (55,073) 4,273\n-------------------------------------------------------------------------\nShares outstanding\n End of period (000's) 92,947 57,163 63%\n-------------------------------------------------------------------------\n-------------------------------------------------------------------------\n\n-------------------------------------------------------------------------\n($ Cdn thousands, Twelve months\n except as noted) ended December 31,\n-------------------------------------------------------------------------\n 2006 2005 % Change\n-------------------------------------------------...