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Rival Energy Ltd.

03:52 PM EST - Rival Energy Ltd. : reported first quarter net income of C$67,470 or breakeven per share, compared to net income of C$0.3 million or C$0.01 per share in the same quarter last year. Cash flow from operations for the quarter was C$2.44 million or C$0.11 per share, compared to cash flow from operations of C$1.65 million or C$0.08 per share in the same quarter previous year. Oil and gas sales for the quarter were C$5.32 million, up from C$3.63 million in the year-ago quarter. Rival Energy Ltd. shares RGY:CA are trading up five cents at $0.98.