03:32 PM EST - ArPetrol Ltd. : announced its financial and operating results for the three months ended March 31, 2014. The Company had a working capital of $1.4 million at the end of the first quarter of 2014 compared to a deficit of $0.8 million at the end of 2013. During the first-quarter of 2014, gas processing revenues were $2.2 million consistent with the fourth-quarter of 2013 and double the $1.1 million earned in the first-quarter of 2013. Net income for the quarter was $1,613,357 million compared to a net loss of $290,350 for the fourth quarter of 2013.
ArPetrol Ltd.
shares V.RPT are trading unchanged at $0.02.
