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Rock Energy Inc.

10:14 AM EST - Rock Energy Inc. : reported fourth-quarter net loss of $556,000 or $0.02 per share, compared to a loss of $2.08 million or $0.08 per share last year. Funds from operations for the quarter were $6.15 million or $0.20 per share, compared to $5.52 million or $0.21 per share in the previous year. Oil and gas revenue for the quarter declined to $14.6 million from $15.75 million last year. For 2009, net loss was $6.27 million or $0.23 per share, compared to net income of $1.89 million or $0.07 per share last year. Funds from operations for the year were $19.64 million or $0.72 per share, compared to $40.84 million or $1.58 per share a year earlier. Oil and gas revenue for the year fell to $50.03 million from $80.28 million a year ago. Rock Energy Inc. shares T.RE are trading down $0.19 at $4.16.