03:46 PM EST - Grey Wolf Exploration Inc. : reported a first-quarter net loss of $2.5 million or $0.06 per share, compared to a net loss of $1.9 million or $0.04 per share in the year-ago quarter. Funds from operations for the quarter was $2.5 million or $0.06 per share, compared to $5.1 million or $0.12 per share in the last year quarter. Oil and natural gas revenue for the quarter decreased to $8.1 million from $11.1 million in the prior-year quarter. Grey Wolf Exploration Inc.
shares T.GWE are trading down $0.03 at $0.72.