Detail akcie Ignis Petroleum online

Business Summary: Ignis Petroleum Group, Inc. is engaged in the exploration, development, and production of crude oil and natural gas properties in the United States. The Company has interests in the oil and gas prospects in the United States onshore Gulf Coast region, located in Texas and Louisiana. The properties of the Company include Acom A-6 Prospect, Crimson Bayou Prospect, Barnett Shale Property, Sherburne Prospect, Ignis Barnett Shale joint venture and Liberty Hills Prospect.
Financial Summary: BRIEF: For the fiscal year ended 30 June 2008, Ignis Petroleum Group, Inc. revenues increased 49% to $2.1M. Net loss totaled $1.3M vs. income of $344K. Revenues reflect Oil and gas product sales increase of 58% to $2M. Net loss reflects Loss from valuation of derivatives decrease of 99% to $55K (income), Lease operating expense increase from $31K to $210K (expense), Production and ad valorem taxes increase of 20% to $107K (expense).