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Petrodorado Files Financial Results and Management Discussion & Analysis for the Third Quarter of 2013 and Provides Operations Update
Petrodorado Files Financial Results and Management Discussion & Analysis for the Third Qua...
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[{"type":"text","content":"Petrodorado Files Financial Results and Management Discussion & Analysis for the Third Quarter of 2013 and Provides Operations UpdatePetrodorado Files Financial Results and Management Discussion & Analysis for the Third Quarter of 2013 and Provides Operations Update\n\nNOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES\n\nCalgary, Alberta CANADA, November 29, 2013 /FSC/ - Petrodorado Energy Ltd. (PDQ - TSX Venture), (\"Petrodorado\" or the \"Company\"), has filed its interim Financial Results and Management Discussion & Analysis for the three and nine months ended September 30, 2013, and provides an operations update.\n\nFinancial Statements\n\nHighlights include:\n\n- Working capital of $24.0 million, plus $7.3 million in non-current restricted cash for a total of $31.3 million to fund exploration activities and general operations. \n\n-***-\n\n-------------------------------------- -------------------- --------------------\n$ (U.S. dollars)                              Period ended          Period ended\n                                        September 30, 2013    September 30, 2012\n-------------------------------------- -------------------- --------------------\nWorking Capital                                 24,034,381            42,325,163\n-------------------------------------- -------------------- --------------------\nExploration and \nEvaluation Assets                               58,130,438            59,741,834\n----------------------------...