Business
CANADIAN PHOENIX RELEASES THIRD QUARTER RESULTS
CANADIAN PHOENIX RELEASES THIRD QUARTER RESULTS
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[{"type":"text","content":"\n\n\n\n Nov. 26, 2010 (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\nSymbol: CXP-TSXV\n\n\nCALGARY, Nov. 26 /CNW/ - CANADIAN PHOENIX RESOURCES CORP. ("Canadian Phoenix") announces its results for the three and nine months ended September 30,\n 2010:\n\n\nSUMMARY OF THIRD QUARTER AND YEAR-TO-DATE 2010 FINANCIAL RESULTS \n\n\n\n \n \n \n \n \n \n \n \n \n\n\n\n\n($000's except as indicated) \n\n \n \n \n\nFor the three months \nended September 30 \n\n \n \n\nFor the nine months \nended September 30 \n\n\n\n \n \n \n \n\n2010 \n\n\n2009 \n\n \n \n\n2010 \n\n\n2009\n\n\n\n \n \n \n \n \n \n \n \n \n \n\n\n\nAvg P&NG Production (boe/d)\n\n \n \n \n\n27\n\n\n931\n\n \n \n\n514\n\n\n960\n\n\n\n\nAvg realized price - ($/boe)\n\n \n \n \n\n35.39\n\n\n57.66\n\n \n \n\n59.65\n\n\n48.16\n\n\n\n \n \n \n \n \n \n \n \n \n \n\n\n\nP&NG revenue\n\n \n \n \n\n87\n\n\n4,939\n\n \n \n\n8,366\n\n\n12,621\n\n\n\n\nNetbacks - $/boe\n\n \n \n \n\n(9.36)\n\n\n24.72\n\n \n \n\n20.00\n\n\n19.57\n\n\n\n\nEquity Investment loss\n\n \n \n \n\n-\n\n\n(2,330)\n\n \n \n\n(1,026)\n\n\n(8,110)\n\n\n\n \n \n \n \n \n \n \n \n \n \n\n\n\...