Criterium Energy Ltd. press release
Softrock Minerals releases record second quarter results
TSXV - TSX Venture Exchange · Canada
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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.comand/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 $19,646due primarily to the addition of the first producing well on the Company's farmed out 640 acre lease in the Charlie Lakeoilfield of northwestern Albertafor 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.
Nick Taylor, 403-266-2605Copyright CNW Group 2015