Treaty Energy Q1 Loss Widens

6/26/2012 12:00 PM ET

Treaty Energy Corp. (TECO) Tuesday reported a wider first-quarter loss of $769 thousand, compared to $246 thousand in the year-earlier quarter. On a per-share basis, earnings were breakeven, same as last year.

The company realized revenues of $57 thousand for the first quarter, helped primarily by oil production from its Texas leases. The company did not realize any revenues last year.

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by RTT Staff Writer

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