09:41 AM EST - Crocotta Energy Inc. : announced that its second-quarter net loss and comprehensive loss was $3.19 million, compared to profit of $3.45 million in the year-ago quarter. On a per share basis, net loss for the quarter was $0.07, compared to $0.10 in the prior-year quarter. Funds from operations for the quarter were $1.88 million or $0.04 per share, compared to $11.95 million in the prior-year quarter. Revenues for the quarter were $5.68 million, down from $15.28 million in the year-ago quarter. Crocotta Energy Inc.
shares T.CTA are trading even at $1.10.