11:49 AM EST - Crocotta Energy Inc. : reports its first-quarter funds from operations grew to $4.12 million or $0.06 per share from $1.72 million or $0.04 per share in the prior-year period. Net loss for the period was $860,000 or $0.01 per share, narrower than $3.3 million or $0.08 per share last year. Oil and natural gas sales improved 55% to $10.96 million from $7.06 million in the comparable period. Crocotta Energy Inc.
shares T.CTA are trading even at $1.75.
