Oil Inventories

BAKERSFIELD, CA -- (MARKET WIRE) -- 11/16/09 -- Pyramid Oil Company (NYSE Amex: PDO) Selected Highlights: -- Third quarter diluted EPS reported at $0.05 -- Cash and short-term investments increase to $4.6 million; current ratio at 12.9:1 -- Texas JV begins testing Pan Am #1 gas well; plans farmout agreement -- Company targeting new oil well in California's Carneros Creek Field Pyramid Oil Company today announced financial results for its third fiscal quarter ended September 30, 2009. Pyramid reported net income of $221,000, or $0.05 per diluted share, on revenue of $945,000, representing a sequential improvement from a second quarter net loss of $39,000, or $0.01 per diluted share, on revenue of $802,000. Net income in the comparable third quarter last year was $704,000, or $0.15 per diluted share, on revenue of $2,000,000. The quarter-to-quarter revenue improvement was largely due to an increase in average crude oil prices, which rose to ...

CALGARY, ALBERTA -- (MARKET WIRE) -- 11/13/09 -- Harvest Energy (TSX: HTE.UN) (NYSE: HTE) ("Harvest") today announces the release of its third quarter 2009 financial and operating results. The unaudited financial statements, notes and MD&A pertaining to the period ended September 30, 2009 are filed on SEDAR at www.sedar.com and are available on Harvest's website at www.harvestenergy.ca. All figures reported herein are Canadian dollars unless otherwise stated. Corporate Highlights: - Cash from Operating Activities was $99.0 million ($0.55 per Trust Unit) compared to $0.45 per unit in the prior quarter and $0.87 per unit in the same quarter last year. Harvest declared distributions of $27.2 million ($0.05 per Trust Unit/month), representing 27% of Cash from Operating Activities. The payout ratio improved compared to the 33% paid in the previous quarter as downstream cash flow improved over the second quarter; - On October 21, 2009, Harvest Energy announced an agreement with Korea National ...

CALGARY, ALBERTA--(Marketwire - Nov. 13, 2009) - Harvest Energy (TSX: HTE.UN) (NYSE: HTE) ("Harvest") today announces the release of its third quarter 2009 financial and operating results. The unaudited financial statements, notes and MD&A pertaining to the period ended September 30, 2009 are filed on SEDAR at www.sedar.com and are available on Harvest's website at www.harvestenergy.ca. All figures reported herein are Canadian dollars unless otherwise stated. Corporate Highlights: - Cash from Operating Activities was $99.0 million ($0.55 per Trust Unit) compared to $0.45 per unit in the prior quarter and $0.87 per unit in the same quarter last year. Harvest declared distributions of $27.2 million ($0.05 per Trust Unit/month), representing 27% of Cash from Operating Activities. The payout ratio improved compared to the 33% paid in the previous quarter as downstream cash flow improved over the second quarter; - On October 21, 2009, Harvest Energy announced an agreement with Korea National Oil Corporation ...

HOUSTON, Nov. 13 /PRNewswire-FirstCall/ -- Adams Resources & Energy, Inc., (NYSE Amex: AE), announced today third quarter 2009 net earnings of $639,000 or $.15 per common share. Revenues for the quarter totaled $576,299,000. Current results compare to an unaudited third quarter 2008 net loss of $6,276,000 or $1.49 per common share. For the nine months ended September 30, 2009 net earnings were $5,243,000 or $1.24 per share on revenues totaling $1,431,510,000. Net cash provided by operating activities was $26,979,000 for the nine-month period ended September 30, 2009. Chairman K. S. "Bud" Adams, Jr. attributed the third quarter 2009 earnings improvement to price stability within the crude oil markets for 2009 relative to 2008. Last year, declining crude oil prices caused the Company to recognize a non-cash $11.6 million pre-tax inventory valuation loss on the market value of its crude oil inventories held during the third quarter ...

Horizontal Drilling Update CALGARY, November 13, 2009 /PRNewswire-FirstCall/ - Bankers Petroleum Ltd. ("Bankers" or the "Company") (TSX: BNK, AIM: BNK) is pleased to announce its financial and operating results for the period ended September 30, 2009. ------------------------------------------------------------------------- Q3 - 2009 Q2 - 2009 Q3 - 2008 ------------------------------------------------------------------------- Capital Expenditures ($000) 12,104 6,126 25,502 ------------------------------------------------------------------------- Brent Oil Price $/bbl ...