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OilStockReport

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OilStockReport

Re: OilStockReport post# 140

Monday, 10/25/2010 3:09:47 PM

Monday, October 25, 2010 3:09:47 PM

Post# of 164
From most recent 10q

Revenues from Operations

Total revenues from operations and interest income decreased $264,174, or 28.0%, to $679,517 for the three months ended June 30, 2010, compared to $943,691 for the same period in 2009. Total revenues from operations and interest income decreased $884,962, or 37.1%, to $1,499,088 for the six months ended June 30, 2010, compared to $2,384,050 for the same period in 2009. The decrease is due to lower natural gas production and lower contract pricing in 2010, offset by the real estate property tax refund received and the reduction in accrued real estate taxes related to the Painesville self-storage facility.

This is not an offer to buy or sell securities or any kind of investment advice. Oil investment carries very high risks so do your own due diligence before and consult a licensed professional making any decisions.

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