10:02 AM EST - Midway Energy Ltd. : reported fourth quarter net loss of $2.32 million or $0.04 per share, compared to a loss of $1.36 million or $0.10 per share in the prior year quarter. Funds from operations for the quarter declined to $82,000 or breakeven per share, from $815,000 or $0.06 per share in the previous-year quarter. Petroleum and natural gas revenue for the quarter was $3.68 million, up from $3.55 million a year earlier. Midway Energy Ltd.
shares T.MEL are trading up $0.02 at $3.25.