CALGARY, Aug, 19, 2015 /CNW/ - Softrock Minerals (TSV Venture: SFT) is pleased to announce its financial and operating results for the three and six months ending June 30, 2015.

Copies of the results in detail may be obtained at www.sedar.com and/or the company's website at www.softrockminerals.com.

Second Quarter Highlights Are

  • Revenue during the second quarter tripled over the same quarter last year from $6,533 to $19,646 due primarily to the addition of the first producing well on the Company's farmed out 640 acre lease in the Charlie Lake oilfield of northwestern Alberta for which the company retained a GORR of 2 and one-half per cent for each well with no deductions for treatment, Further drilling is being considered.
  • Net Income for the quarter was $7,124. The first positive income quarter since the last quarter of 2013.
  • The company is debt free and has a working capital of $23,736

Neither the TSX Venture nor its Regulation Service Provider (as the term is defined in the policies of the TSX-V Exchange) accepts the responsibility for the accuracy or adequacy of this release

SOURCE Softrock Minerals Ltd.

Copyright 2015 Canada NewsWire

Softrock Minerals (TSXV:SFT)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Softrock Minerals Charts.
Softrock Minerals (TSXV:SFT)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Softrock Minerals Charts.