Pyramid Petroleum announces record revenues and cash flow increases and other 2007 financial results Thursday May 1, 12:55 pm ET
CALGARY, May 1 /CNW/ - Pyramid Petroleum, Inc. (TSXV: PYR) announced today the results of operations for the year ended December 31, 2007. The Company's audited financial statements and associated management's discussion and analysis can be found online at www.sedar.com. The Company's reporting currency and all the amounts provided herein are United States dollars.
CEO Ilyas Chaudhary stated, "On behalf of Pyramid, I am pleased to announce the record financial results for the year 2007 and believe that increase in production volumes and revenue will continue by contribution from developmental well work-over and drilling of exploratory wells in 2008. It was a great 2007 and we expect the same for 2008."
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