Greenfields Petroleum Corporation announced earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company reported revenues of $275,000 against $470,000 a year ago. Net loss was $2,551,000 or $0.12 per basic and diluted share against $2,995,000 or $0.14 per basic and diluted share a year ago.

For the six months, the company reported revenues of $609,000 against $807,000 a year ago. Net loss was $6,153,000 or $0.28 per basic and diluted share against $4,346,000 or $0.21 per basic and diluted share a year ago.

Gross production for the second quarter 2016 averaged 867 bbl/d and 16.7 mmcf/d or 3,798 boe/d. Overall production was impacted by the slower pace of scheduled workovers due to limited availability of crane barges as well as lower than expected post-workover results.