10:06 AM EST - ProspEx Resources Ltd. : reported fourth-quarter net loss of $1.23 million or $0.02 per share, compared to net earnings of $487,000 or $0.01 per share in the prior-year quarter. Oil and gas revenue for the quarter declined to $8.09 million from $15.05 million in the year-ago quarter. Average production for the quarter was 2,477 boe per day, compared to average of 3,587 boe per day last year. Looking ahead, the company expects production for the first quarter of 2010 to average about 3,000 boe per day. ProspEx Resources Ltd.
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