09:48 AM EST - Cabo Drilling Corp. : reported third-quarter net loss of $1.075 million or $0.02 per share, compared to net earnings of $731,000 or $0.02 per share last year. Revenue plunged to $6.52 million from $16.04 million in the comparable period a year ago. The decrease can be attributed to lower revenues from the company's Canadian, Mexico and Spain operations, which were partially offset by revenue growth from the Panama operations. Cabo Drilling Corp.
shares V.CBE are trading even at $0.15.
