Results
Winalta announces first quarter results 2013
Friday, May 17, 2013
Revenue of $6.8 million and EBITDA of $3.9 million, showed decreases of $2.2 million and $1.0 million, respectively, to revenue of $9.0 million and EBITDA of $4.9 million for the comparative 3 month period in 2012.- The 24% decrease in revenue was due to decreases in third party revenue utilization and to decreased industry activity levels.
EnerGulf reports on lawsuit brought against the Company
Friday, May 17, 2013
- The Company continues its efforts to secure funding and to identify qualified participant(s) for the drill ready Lotshi Block, onshore Democratic Republic of Congo ("DRC").
- EnerGulf continues to search for qualified potential participants and make data room presentations for Block 1711 as the Government of Namibia works to restructure the interests in the block by seeking a new majority participant.
Target Energy begins trading on OTCQX
Friday, May 17, 2013
- Target Energy began trading yesterday on OTCQX International, a segment of the OTCQX marketplace reserved for high-quality non-U.S. companies listed on a qualified stock exchange in their home country.