Hawk Exploration Ltd. (HWK_B.V) posted first-quarter Funds From Operations or FFO of C$1.5 million or C$0.04 per share, compared to C$863 thousand or C$0.03 per share in the previous year quarter.
Comprehensive income for the quarter was C$509 thousand or C$0.01 per share, compared to a net loss of C$133 thousand or C$0.01 per share in the comparable quarter last year.
Petroleum and natural gas sales for the quarter rose 29 percent to C$2.89 million from C$2.24 million in the year-ago quarter.
As previously disclosed, Hawk expects second quarter 2012 production to average approximately 500 boe/d weighted 94 percent to crude oil.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.