09:53 AM EST - Cabo Drilling Corp. : announced that its second quarter net earnings were $330,288 or $0.01 per share, compared to $806,971 or $0.02 per share in the year-ago quarter. Net before tax earnings for the quarter were $505,951, compared to $1.21 million in the same quarter of last year. Quarterly revenue was $11.82 million, compared to $13.63 million in the year-ago quarter. Cabo Drilling Corp.
shares V.CBE are trading even at $0.12.