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Sharon Energy Ltd.

09:53 AM EST - Sharon Energy Ltd. : reported first-quarter net income of US$180 thousand or breakeven per share, compared to net loss of US$468 thousand or US$0.01 per share last year. Quarterly total revenue grew to US$1.45 million from US$791 thousand in in the comparable period a year ago. Sharon Energy Ltd. shares V.SHY are trading unchanged at $0.23.