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Coastal Energy Co.

11:58 AM EST - Coastal Energy Co. : announced that its third-quarter net loss and comprehensive loss attributable to shareholders was $111,000 U.S., compared to a loss of $476,000 U.S. in the year-ago quarter. On a per share basis, the company posted breakeven for the quarter, flat with last year. Expenses for the quarter rose to $22.71 million U.S., from $5.18 million U.S. in the year-ago quarter. Revenues for the quarter declined to $19.91 million U.S., from $451,000 U.S. in the year-ago quarter. Coastal Energy Co. shares V.CEN are trading up $0.03 at $5.23.