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Zodiac Exploration Announces Release of Third Quarter Financial Results

Zodiac Exploration Announces Release of Third Quarter Financial Results Calgary, Alberta CAN...

articleSintana Energy Inc.August 14, 20123/company/sintana-energy-inc/news/zodiac-exploration-announces-release-of-third-quarter-financial-results
Zodiac Exploration Announces Release of Third Quarter Financial Results

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[{"type":"text","content":"\nZodiac Exploration Announces Release of Third Quarter Financial Results\n\nZodiac Exploration Announces Release of Third Quarter Financial Results\nCalgary, Alberta CANADA, August 14, 2012 /FSC/ - Zodiac Exploration Inc. (ZEX - TSX Venture), announces that it has filed its financial statements and management's discussion and analysis for the three and nine month periods ended June 30, 2012 on SEDAR at www.sedar.com. \nDuring the quarter, Zodiac incurred a net loss of $24.3 million after recognizing an asset impairment of $23.4 million. \nAs at June 30, 2012, Zodiac had $23.0 million in cash and $21.6 million in working capital. \nAbout Zodiac \nZodiac is a Calgary based company formed to explore for and eventually develop and produce oil and gas assets in North America with a focus on the San Joaquin Basin in California, USA. Zodiac has an accumulated land base of approximately 90,000 net acres in Kings and Kern Counties, California.  Zodiac believes that its acreage position contains unconventional (low permeability) as well as conventional light oil prospects. \nFor more information, please contact \nZodiac Exploration Inc. \nMurray Rodgers President & CEO (403) 444-7844 \nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\nIf you would lick to view this as a webpage, click the following link:\nhttp://www.fscwire.com/pr/zodiacexpaug142012.htm\nSource: Zodiac Exploration Inc. (ZEX - TSX-V) http://www.zodiacexploration.ca/\nMaximum News Dissemination by FSCwire. http://www.fscwire.com\n\n","length":1936,"tagName":"div"}]

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