09:48 AM EST - Crocotta Energy Inc. : reported first-quarter net loss and comprehensive loss of $3.31 million or $0.08 per share, compared to net earnings and comprehensive earnings of $808,000 or $0.02 per share last year. Funds from operations were $1.72 million or $0.04 per share, compared to $7.47 million or $0.23 per share in the previous year. Quarterly revenues declined to $5.45 million from $10.39 million a year earlier. Crocotta Energy Inc.
shares T.CTA are trading even at $1.45.