Rooster Energy Ltd. Reports Unaudited Earnings and Operating Results for the Second Quarter and Six Months Ended June 30, 2014
For the six months, the company has posted revenue of $15,571,769 against $22,289,783 a year ago. Loss before tax expense was $1,354,530 against $747,677 a year ago. Loss was $1,658,530 or $0.02 basic and diluted per share against $662,677 or $0.01 basic and diluted per share a year ago. Capital expenditures were $2,562,337 against $9,920,031 a year ago. EBITDAX was $7,083,126 against $13,171,150 a year ago.
For the quarter, total sales were 1,310 BOE/day against 2,315 BOE/day a year ago.
For the six months, total sales were 1,259 BOE/day against 2,502 BOE/day a year ago.