Brinx Resources, Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended July 31, 2013
September 26, 2013 at 08:02 am EDT
Share
Brinx Resources Ltd. reported earnings results for the third quarter and nine months ended July 31, 2013. The company has reported that net loss for the third quarter ended July 31, 2013 was $136,954, or $0.01 loss per share, compared to a net loss of $126,156, or $0.005 loss per share, for the same quarter ended July 31, 2012. Natural gas and oil sales for the third quarter ended July 31, 2013 were $47,142, compared to $75,811, for the same quarter ended July 31, 2012.
Net loss for the nine months ended July 31, 2013 was $412,779, or $0.02 loss per share, compared to a net loss of $239,236, or $0.01 loss per share, for the same period ended July 31, 2012. Natural gas and oil sales for the nine months ended July 31, 2013 were $169,699, compared to $422,570, for the same period ended July 31, 2012.
Brinx Resources Ltd. is an oil and gas company. The Company is engaged in exploration, development and production of oil and natural gas. The Company focuses on producing commercial quantities of oil and gas. The Company holds oil and gas interests in Oklahoma and California. The Company holds a range of oil and natural gas interests, such as 2008-3 Drilling Program, Oklahoma; 2009-2 Drilling Program, Oklahoma; 2009-3 Drilling Program, Oklahoma; 2009-4 Drilling Program, Oklahoma; 2010-1 Drilling Program, Oklahoma; Washita Bend 3D, Oklahoma; Double T Ranch #1 SWDW, Oklahoma; Kings City Prospect, California; South Wayne Prospect, Oklahoma; PP F-12-2, PP F-12-3, PP F-12-4 and PP F-52, Mississippi, and Three Sands Project, Oklahoma. The Company's interests in 2008-3 Drilling Program, 2009-2 Drilling Program, 2009-3 Drilling Program and 2009-4 Drilling Program are located in Garvin County, Oklahoma.