Business
Compton Petroleum Announces First Quarter Results
Compton Petroleum Announces First Quarter Results.
About this update from Cullinan Metals Corp
[{"type":"text","content":"\n\n\n\n\nCALGARY, May 10 /CNW/ - Compton Petroleum Corporation (\"Compton\" or the\n\"Company\") is pleased to announce its financial and operating results for the\nquarter ended March 31, 2006.\n\nHIGHLIGHTS\n\n- Production of 34,029 boe/d, 19% increase from first quarter 2005.\n- Largest first quarter drilling program to date - drilled 121 wells\n with a 92% success rate.\n- Revenue of $148 million, 39% increase from first quarter 2005.\n- Cash flow of $74 million, 41% increase from first quarter 2005.\n- U.S.$150 million add-on Senior Note offering completed.\n- Acquired partner's interest in Callum\n\n>\n%SEDAR: 00003803E %CIK: 0001043572\n\n\n","length":82073,"tagName":"div"}]