10:12 AM EST - First Calgary Petroleums Ltd. : reported fiscal 2007 net loss of US$11.7 million or US$0.05 per share, narrower than US$14.71 million or US$0.07 per share in the last year. Loss before taxes for the year was US$11.35 million compared to profit before taxes of US$3.5 million in the prior year. The company's annual revenues declined to US$5.4 million, from US$6.5 million in the previous year. First Calgary Petroleums Ltd.
shares T.FCP are trading off 12 cents at $2.53.
