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Gold/Mining/Energy : Tiverton Petroleum

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To: Turk who wrote (22)2/27/1997 7:27:00 PM
From: Andrew G.   of 27
 
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.

-30-

For further information: T.W. Swailes, V.P. Finance, (403) 261-2774

TIVERTON PETROLEUMS LTD. has 5 releases in this database.
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