09:46 AM EST - Crocotta Energy Inc. : reported that its third-quarter net loss was $3.9 million or $0.06 per share, compared to net earnings of $1.2 million or $0.04 per share in the year-ago quarter. Funds from operations for the quarter were $1.8 million or $0.03 per share, down from $7.7 million or $0.23 per share in the same quarter last year. Oil and natural gas sales for the quarter declined to $8.65 million, from $13.55 million in the year-ago quarter. Revenues for the quarter were $6.56 million, down from $10.78 million in the prior-year quarter. Crocotta Energy Inc.
shares T.CTA are trading down $0.03 at $1.31.
