Oakridge Energy Inc. (fka OAKR)

[OilStockReport]

From most recent 10q:

Net Income (Loss). The Company had a net loss of $117,679 ($0.03 per share) in the three months ended August 31, 2010 (the “three month 2010 period”) compared to a net loss of $125,900 ($0.03 per share) in the three months ended August 31, 2009 (the “three month 2009 period”) as a result of the items discussed below. In the six months ended August 31, 2010 (the “six month 2010 period” and together with the three month 2010 period, the “2010 periods”), the Company had a net loss of $178,065 ($0.04 per share) compared to a net loss of $213,455 ($0.05 per share) in the six months ended August 31, 2009 (the “six month 2009 period” and together with the three month 2009 period, the “2009 periods”) as a result of the items discussed below.

Revenues. Combined oil and gas revenues for the three month 2010 period were $274,494 compared to $267,506 for the three month 2009 period, representing an increase of $6,988 (2.6%). Combined oil and gas revenues for the six month 2010 period were $587,562 compared to $494,608 for the six month 2009 period, representing an increase of $92,954 (18.8%). The increases in the 2010 periods as compared to the 2009 periods were due to an increase in the Company’s average price received for oil and gas, which was partially offset by a decline in oil and gas sales volumes.