Greenfields Petroleum Corporation announced audited earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company realized a loss of $4.6 million which represents Income per basic and diluted share of $0.03. For the year, the company reported revenues of $21,592,000 against $14,657,000 year ago. Net income was $99,193,000 against net loss of $7,524,000 a year ago. Earnings per basic and diluted share were $1.52 against loss per basic and diluted share was of $0.34 a year ago. Income included $113.6 million of one- time net realized gains attributable to acquisition and restructuring transactions. Excluding this one-time gain, the company realized a loss of $14.4 million or $0.22 per share.