12:22 PM EST - Pegasus Oil & Gas Inc. : reported a first-quarter net loss of $1.72 million or $0.04 per share, compared to a net loss of $391,000 or $0.01 per share in the prior year. Funds generated from operations for the quarter was $228,000 or $0.01 per share, compared to $1.49 million or $0.04 per share in the prior year. Petroleum and natural gas sales for the quarter declined to $2.23 million, from $3.12 million in last year. Pegasus Oil & Gas Inc.
shares V.POG.A are trading down $0.03 at $0.11.
