PetroShare Corp. reported unaudited earnings results for the second quarter and six months ended June 30, 2017. For the quarter, the company reported crude oil, natural gas, and NGL revenues of $4,457,502. Operating income was $708,862 against operating loss of $883,389 a year ago. Net loss was $733,469 or $0.03 per basic and diluted share against $918,201 or $0.04 per basic and diluted share a year ago. Adjusted EBITDA was $2,948,603 against adjusted LBITDA of $510,556 a year ago. The revenue in the second quarter of 2017 came from the sale of crude oil, natural gas and NGLs produced primarily from horizontal wells in which the company participated as a non-operator and which were placed in service primarily during the first quarter of 2017, and to a much lesser extent, the vertical wells that the company acquired during 2016. For the six months, the company reported net cash provided by operating activities of $4,664,698 against net cash used in operating activities of $652,699 a year ago. Additions of furniture, fixtures and equipment were $164,346 against $14,158 a year ago. Development of crude oil and natural gas properties was $3,294,424 against $585,184 a year ago. Acquisitions of crude oil and natural gas properties were $2,695,226 against $1,173,906 a year ago. Crude oil, natural gas, and NGL revenues were $4,457,502. Operating loss was $579 against $1,584,612 a year ago. Net loss was $2,872,608 or $0.13 per basic and diluted share against $1,641,007 or $0.08 per basic and diluted share a year ago.