Faraday Copper Corp. press release
Guardian Exploration Announces Q3 2008 Financial Results
TSX - Toronto Stock Exchange · Copper · Molybdenum · Silver · Gold · Canada
TSX.V:GX
CALGARY, Nov. 25 /CNW/ - Guardian Exploration Inc. (TSX.V-GX) ("Guardian") has filed with Canadian securities regulatory authorities its unaudited consolidated financial statements for the three and nine month periods ended September 30, 2008 and the accompanying management's discussion and analysis (MD&A). These filings are available in their entirety on the SEDAR website at www.sedar.com.
A summary of the key comparative operating results for Guardian is as follows:
Three Months Ended Nine Months Ended September 30 September 30 2008 2007 2008 2007 $ $ $ $ Petroleum and natural gas revenue, before royalties 2,220,965 - 4,979,033 90,277 Funds flow from (used in) operations 1,542,499 (363,044) 3,141,155 (1,012,885) Per share 0.04 (0.02) 0.09 (0.05) Net income 947,256 1,225,663 2,305,563 208,060 Per share 0.02 0.06 0.07 0.01
Production (boe/day) 232 - 180 9
About Guardian Exploration Inc. Guardian Exploration Inc. is an Alberta-based oil and natural gas company. Guardian is engaged in the exploration for, and the acquisition, development and production of, natural gas and crude oil with emphasis on the shallow to mid-depth hydrocarbon rich zones of Canada's Western Sedimentary Basin focusing on Alberta, northeastern British Columbia and Montana.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.
%SEDAR: 00023604E