09:58 AM EST - Crocotta Energy Inc. : reported fourth quarter net loss of $2.51 million or $0.07 per share, compared to a net loss of $523,000 or $0.02 per share in the same quarter of last year. Funds from operations for the quarter were $3.46 million or $0.09 per share, compared to $4.99 million or $0.16 per share in the year ago quarter. Oil and natural gas sales for the quarter were $8.73 million, compared to $9.99 million in the prior-year quarter. Crocotta Energy Inc.
shares T.CTA are trading up $0.09 at $1.00.