19th Aug 2009 13:27
Canadian independent oil and gas company Ithaca Energy moved into the black in the second quarter and recorded its first quarter of positive cash flow. Net profit for the three months to end-June was $3.78m, compared to a loss of $1.52m in the second quarter of 2008, helped by a $5.6m gain on finan
Read more22nd Jul 2009 09:37
A reduction in admin costs helped Philippines-focused oil and gas group Forum Energy post a smaller pre-tax loss in the six months to June 30, despite falling revenues. Pre-tax losses totalled $1.2m, compared with $1.7bn over the same period the previous year, as revenues slipped to £203,000 from £
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