Shona Energy Corporation reported its 3Q12 results. Production was up 22% sequentially to just over 16MMcf/d. EBITDA was up 43%. Year-over-year comparisons are dramatic but not really meaningful as the company was just getting production going last year. The company reported Net Earnings Per Share of 1 cent vs a 2 cent (US$) per share loss last year in the same period.
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