Petrominerales Ltd. (PMG.TO) reported a fourth-quarter adjusted net loss of $53.5 million or $0.63 per share, compared to profit of $77.7 million or $0.72 per share last year. Funds flow from operations decreased to $122.5 million or $1.42 per share from $213.3 million or $1.84 per share last year.
Oil sales decreased to $224.9 million from $329.9 million last year. Fourth-quarter production averaged 25,140 bopd.
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