Softrock Minerals releases record second quarter results
19 8월 2015 - 9:00PM
PR Newswire (Canada)
CALGARY, Aug, 19, 2015 /CNW/
- Softrock Minerals (TSV Venture: SFT) is pleased to announce
its financial and operating results for the three and six months
ending June 30, 2015.
Copies of the results in detail may be obtained at www.sedar.com
and/or the company's website at www.softrockminerals.com.
Second Quarter Highlights Are
- Revenue during the second quarter tripled over the same quarter
last year from $6,533 to $19,646 due
primarily to the addition of the first producing well on the
Company's farmed out 640 acre lease in the Charlie Lake oilfield of northwestern
Alberta for which the company
retained a GORR of 2 and one-half per cent for each well with no
deductions for treatment, Further drilling is being
considered.
- Net Income for the quarter was $7,124. The first positive income quarter since
the last quarter of 2013.
- The company is debt free and has a working capital of
$23,736
Neither the TSX Venture nor its Regulation Service Provider (as
the term is defined in the policies of the TSX-V Exchange) accepts
the responsibility for the accuracy or adequacy of this release
SOURCE Softrock Minerals Ltd.
Copyright 2015 Canada NewsWire
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