Business
Petrodorado Files Financial Results and Management Discussion & Analysis for the Third Quarter of 2012
Petrodorado Files Financial Results and Management Discussion & Analysis for the Third Qua...
About this update from Rok Resources, Inc. Class B
[{"type":"text","content":"\nPetrodorado Files Financial Results and Management Discussion & Analysis for the Third Quarter of 2012\n\nPetrodorado Files Financial Results and Management Discussion & Analysis for the Third Quarter of 2012\nNOT FOR DISSEMINATION IN THE UNITED STATES OR FOR\nDISTRIBUTION TO U.S. WIRE SERVICES\nCalgary, Alberta CANADA, November 22, 2012 /FSC/ - Petrodorado Energy Ltd. (\"Petrodorado\" or the \"Company\") (TSXV-PDQ),  has filed its interim Financial Results and Management Discussion & Analysis for the three and nine months ended September 30, 2012.\nFinancial Statements\nHighlights include:\n- As at September 30, 2012, the Company has $61.8 million funds available to be used in exploration activities and general operations by way of cash and cash equivalents, short-term investments, and restricted cash.\n- During the quarter, the Company executed an agreement with the operator of Peru Blocks 135 and 138 to divest its 45% beneficial interest for a sum of $15.3 million.\n-***-\n-------------------------------------------------------------------\n$ (U.S. dollars)      Period ended September Period ended September\n                             30, 2012               30, 2011\n-------------------------------------------------------------------\nWorking Capital                   42,325,163             36,844,219\n-------------------------------------------------------------------\nExploration and                   59,741,834             54,558,672\n  Evaluation Assets\n-------------------------------------------------------------------\nTotal Assets                     127,802,388            119,385,586\n----------...