InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,555.74
(
-0.16%
)
US TECH 100
19,122.80
(
-0.94%
)
Dow Jones
40,358.09
(
-0.14%
)
Brent Oil
80.78
(
-0.91%
)
Bitcoin
65,896.77
(
-2.53%
)
Post# of 13098
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

OilStockReport

Send PM Follow Ignore
Followers 76
Posts 3712
Boards Moderated 0
Alias Born 10/23/2010

OilStockReport

Re: ndssomluk post# 428

Monday, 11/15/2010 6:11:44 PM

Monday, November 15, 2010 6:11:44 PM

Post# of 13098
10q out today. Looks like they are working on making something here.

Results of Operations

We realized $15,109 in revenue from operations in the third quarter of 2010. In the third quarter of 2009, we received no revenue. For the nine months ended September 30, 2010, the loss from operations is $753,740 (2009 - $309,978). This increase in loss was due primarily to oil well operations costs for reworking oil wells of the Central Texas leases and for upgrading and repairing infrastructure on the leases. From February 11, 2005 (inception of oil and gas exploration operations) to September 30, 2010, the Company has incurred cumulative net operating losses of $6,415,321.




http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7246679

This is not an offer to buy or sell securities or any kind of investment advice. Oil investment carries very high risks so consult a licensed professional making any decisions. My track record is real time @TurnKeyOil

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up