May 20, 2010 (Baystreet.ca) --
reported first-quarter net loss of $280,000 or breakeven per share, compared to a loss of $614,000 or $0.02 per share in the prior-year quarter. Funds flow from operations or FFO for the quarter rose to $1.77 million or $0.02 per share from $469,000 or $0.01 per share a year earlier. Quarterly petroleum and natural gas revenue was C$4.36 million, up from C$1.63 million in the year-ago quarter. NuLoch Resources Inc.