Canadian Overseas Petroleum Limited reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was USD 3.05 million compared to negative revenue of USD 6.26 million a year ago. Net loss was USD 2.76 million compared to USD 5.73 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.04 a year ago.
For the six months, negative revenue was USD 2.96 million compared to USD 3.51 million a year ago. Net loss was USD 16.78 million compared to USD 19.49 million a year ago. Basic loss per share from continuing operations was USD 0.08 compared to USD 0.16 a year ago.