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BNK Petroleum Inc. Announces 4th Quarter 2010 results

Mar. 24, 2011 (Canada NewsWire Group) -- TSX ticker symbol: BKX CAMARILLO, CA, March 24 /...

articleKolibri Global Energy IncMarch 24, 20113/company/kolibri-global-energy-inc/news/bnk-petroleum-inc-announces-4th-quarter-2010-results
BNK Petroleum Inc. Announces 4th Quarter 2010 results

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[{"type":"text","content":"\n\n\n Mar. 24, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nTSX ticker symbol: BKX\n\n\nCAMARILLO, CA, March 24 /CNW/ -\n\n\nAll amounts are in U.S. Dollars unless otherwise indicated:\n\n\n\n\n\n\n\n \n\n\n \n\n\nFourth Quarter\n\n\nYear\n\n\n\n\n \n\n\n \n\n\n2010\n\n\n2009\n\n\n%\n\n\n2010\n\n\n2009\n\n\n%\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nEarnings (Loss):\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\n$ Thousands\n\n\n$900\n\n\n($2,673)\n\n\nP\n\n\n$299\n\n\n($12,588)\n\n\nP\n\n\n\n\n$ per common share\n\n\n$0.01\n\n\n($0.03)\n\n\nP\n\n\n$0.00\n\n\n($0.17)\n\n\nP\n\n\n\n\nassuming dilution\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nCapital Expenditures\n\n\n$5,288\n\n\n$3,822\n\n\n38%\n\n\n$32,870\n\n\n$15,161\n\n\n117%\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nAverage Production (Boepd)\n\n\n1,516\n\n\n940\n\n\n61%\n\n\n1,216\n\n\n939\n\n\n29%\n\n\n\n\nAverage Product Price per Barrel\n\n\n$43.60\n\n\n$39.32\n\n\n11%\n\n\n$41.41\n\n\n$29.48\n\n\n40%\n\n\n\n\nAverage Netback per Barrel\n\n\n$32.24\n\n\n$15.35\n\n\n110%\n\n\n$24.61\n\n\n$12.97\n\n\n90%\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\...

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