Business
Guardian Exploration Announces Q3 2008 Financial Results
TSX.V:GX CALGARY, Nov. 25 /CNW/ - Guardian Exploration Inc. (TSX.V-GX) ("Guardian") has filed wit...
About this update from Guardian Exploration Inc.
[{"type":"text","content":"\n\n\n\nTSX.V:GX\n\n\nCALGARY, Nov. 25 /CNW/ - Guardian Exploration Inc. (TSX.V-GX)\n("Guardian") has filed with Canadian securities regulatory authorities its\nunaudited consolidated financial statements for the three and nine month\nperiods ended September 30, 2008 and the accompanying management's discussion\nand analysis (MD&A). These filings are available in their entirety on the\nSEDAR website at www.sedar.com.\n\n\nA summary of the key comparative operating results for Guardian is as\nfollows:\n\n\n-------------------------------------------------------------------------\n Three Months Ended Nine Months Ended\n September 30 September 30\n 2008 2007 2008 2007\n $ $ $ $\n-------------------------------------------------------------------------\nPetroleum and natural\n gas revenue, before\n royalties 2,220,965 - 4,979,033 90,277\nFunds flow from (used\n in) operations 1,542,499 (363,044) 3,141,155 (1,012,885)\n - Per share 0.04 (0.02) 0.09 (0.05)\nNet income 947,256 1,225,663 2,305,563 208,060\n - Per share 0.02 0.06 0.07 0.01\n-------------------------------------------------------------------------\n-------------------------------------------------------------------------\n\n-------------------------------------------------------------------------\nProduction (boe/day) 232 - 180 9\n-------------------------------------------------------------------------\n-------------------------------------------------------------------------\n\n\nAbout Guardian Exploration Inc.\n-------------------------------\nGuardian Exploration Inc. is an Alberta-based oil and natural gas company.\nGuardian is engaged in the exploration for, and the acquisition, development\nand production of, natural gas and crude oil with emphasis on the shallow to\nmid-depth hydrocarbon rich zones of Canada's Western Sedimentary Basin\nfocusing on Alberta, northeastern British Columbia and Montana.\n\nThe TSX Venture Exchange does not accept responsibility for the adequacy\nor accuracy of this news release.\n\n\n%SEDAR: 00023604E\n\n\n","length":2485,"tagName":"div"}]