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Novus Energy Inc.

11:41 AM EST - Novus Energy Inc. : reported fourth-quarter net loss of $1.8 million or $0.04 per share, compared to net loss of $2.08 million or $0.15 per share last year. Revenue declined to $839,000 from $2 million in the same quarter last year. For the 12 months ended September 30, 2009, the company posted net loss of $13.72 million or $0.47 per share, compared to net loss of $3.09 million or $0.43 per share in the prior year. Revenue declined to $3.8 million from $4.92 million a year ago. Novus Energy Inc. shares V.NVS are trading down $0.06 at $0.75.