Here's some current information.
Consolidated Statements of Operations and Deficit
Three months ended March 31,2000 with comparative figures
for 1999 (expressed in Canadian Dollars)
2000 1999
Revenues
Oil production service fee $1,891,281 $127,647
Interest 5,958 (9,931)
Foreign exchange (loss) gain 48,278 (109,024)
________________________________________________________
1,945,517 8,692
Expenses
Operating 466,276 17,943
General & Administrative 211,884 108,560
________________________________________________________
678,160 126,503
________________________________________________________
Earnings before
depreciation and depletion 1,267,357 (117,811)
Depreciation and depletion 295,152 (27,991)
________________________________________________________
Net earnings (loss)
for the period 972,205 (89,820)
So, what's this all mean?
General & Administrative has gone up 95%
Operating Expenses have gone up 2,498%
Revenues have gone up 22,282%
I've seen discussion on other threads lamenting SIY's G&A/Expenses going up. How's
that revenue increase look? All of this information(and more) is available at your
friendly neighborhood Scimitar website.
scimitar.ab.ca |
