Published in
M2 EquityBites
on Friday, 09 May 2008 at
17:18 GMT
Copyright (C) 2008, M2 Communications Ltd.
RAM Energy Resources Inc (Nasdaq:RAME), an independent oil and natural gas company, which acquires, develops, exploits, explores and produces oil and natural gas properties, declared yesterday (8 May) its financial results for the first quarter ended 31 March 2008.
The company's total revenues and other operating income for the first quarter were USD36.1m, up when compared to USD14.3m for the same quarter of 2007. The net loss was USD523,000 (USD0.01 loss per diluted share), improved as against the net loss of USD580,000 (USD0.02 loss per diluted share) in the first quarter a year ago.
