Carpathian FY Pretax Loss Widens on Increased Expenses

Carpathian Resources Ltd. said its full-year pretax loss widened on increased expenses but said it is well funded to undertake a review and evaluation of various oil and gas acquisition assets.

The oil and gas company posted a pretax loss of Aud 2.27 million compared with 1.78 million a year ago.

Total revenue rose to Aud 2.75 million from 2.34 million a year earlier.

It said it is actively reviewing and negotiating a variety of acquisitions in Central Europe, Kazakhstan, Russia and the Middle East.

Carpathian said it believes its activities in 2008 will be very positive.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
US Houston: Division Finance & Accounting Manager
Expertise: Accounting|Financial Analyst
Location: Houston, TX
 
SharePoint Project Manager
Expertise: IT - Programming & Database|Project Management
Location: Houston, TX
 
Commercial Director - Terminals
Expertise: Business Development
Location: South Carolina, 
 
search for more jobs

Brent Crude Oil : $54.46/BBL 0.96%
Light Crude Oil : $51.68/BBL 1.21%
Natural Gas : $3.44/MMBtu 1.99%
Updated in last 24 hours