Oil and gas firm Lansdowne narrows loss in 2011

Oil and gas exploration company Lansdowne said its cash balances at year-end 2011 were stg£3.2 million and its after-tax loss narrowed to stg£780,000 from stg1.1 million.

25th May, 2012

Oil and gas exploration company Lansdowne said its cash balances at year-end 2011 were stg£3.2 million and its after-tax loss narrowed to stg£780,000 from stg1.1 million.

On a per share basis, the loss fell to 0.8 pence from 2.9 pence.

Lansdowne Oil & Gas is an independent oil and gas exploration company listed on the AIM market of the London Stock Exchange since April 2006.

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