10:09 AM EST - Iteration Energy Ltd. : reported fourth quarter funds from operations of $11.1 million or $0.16 per share, compared to $8.29 million or $0.15 per share in the year-ago quarter. Net loss for the quarter narrowed to $3.15 million or $0.05 per share from $3.22 million or $0.06 per share in the prior year quarter. Production revenue before royalties was $29.26 million, up from $17.94 million in the fourth quarter of 2006. Iteration Energy Ltd.
shares T.ITX are trading off 11 cents at $5.80.
