Petrobank energy and resource limited company reported first-state-scary-pic/”>first-state-scary-pic/”>first-state-scary-pic/”>first one-fourth 2010 financial and operating result highlighted by cash in hand flowinging from trading operations of $3.14 per diluted share/a> and intercyberspace income of $0.76 per diluted share.

The press release is quoted as saying:

Petrobank’s consolidated production increased 85 pctage to 81,297 barrels of oil equivalent per day in the first-state-scary-pic/”>first one-fourth of 2010 compared to 43,856 boepd in the first one-fourth of 2009.due to production gain in PetroBakken and Petrominerales. cash in hand flowinging from operations increased 167 pctage to $334.0 million in the first one-fourth of 2010. On a per diluted share basis, funds flowing from operations increased 124 pctage to $3.14. net income increased to $82.5 million in the first one-fourth of 2010 compared to a $1.5 million loss in 2009. On a per diluted share basis, internet income increased to $0.76 from a loss of $0.02.

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