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Culane Energy Corp.

04:00 PM EST - Culane Energy Corp. : reported Funds From Operations for the fourth quarter of $2.6 million or $0.11 per share, compared to $5.6 million or $0.26 per share in the prior-year quarter. Loss was $1.7 million or $0.07 per share, compared to net income of $428,000 or $0.02 per share in the year-ago quarter. Petroleum and natural gas revenues declined to $7.9 million from $11.9 million in the previous year quarter. Culane Energy Corp. shares V.CLN are trading down $0.02 at $0.98.