Turk: news today. I don't get it. What is the increased share price attibutable to? Attention Businss/Financial Editors:
TIVERTON PETROLEUMS LTD. ANNOUNCES RESULTS FOR NINE MONTHS ENDED DECEMBER 31, 1996
CALGARY, Feb. 27 /CNW/ - TIVERTON PETROLEUMS LTD. reports cash flow of $518,809 or $0.02 per share for the nine months ended December 31, 1996, compared with $581,073 or $0.03 per share for the prior year. Net income was $68,809 or $0.00 per share compared with $56,073 or $0.00 per share in the prior year. Revenue, net of royalties, was $1,243,161 compared with $1,474,958. Tiverton reports that its first Devonian exploration well has been cased. The rig will be moving to the next location in North Leaman.
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For further information: T.W. Swailes, V.P. Finance, (403) 261-2774
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