09:46 AM EST - DeeThree Exploration Ltd. : delivered another quarter of strong results, including the seventh consecutive quarter of production growth. Highlights of the quarter included record production for the second quarter averaging 6,578 barrels of oil per day (74% oil and natural gas liquids and 26% natural gas), an increase of 73% over the same quarter of 2012. Funds flow from operations increased to $22.4 million, representing a 128% increase from the second quarter of 2012. During the quarter, the company invested $39 million in capital expenditures that included the drilling of eight wells, achieving 88% success rate. Also during the quarter the company reported a net income of $6.8 million or $0.09 per a share, compared $5.6 million or $0.08 per share in the same quarter 2012. DeeThree Exploration Ltd.
shares T.DTX are trading down $0.02 at $8.73.
