Bankers Petroleum net income soars

14 November 2011 13:58pm

StockMarketWire.com - Bankers Petroleum's third quarter net income jumped by 363% to $13.7m in the three months to the end of September.

Oil revenues were up 22% at $93.6m with average production up 39% at 13,667 barrels per day while the average price rose by 60% to $74.48 per barrel.

Net income for the first nine months rose by 506% to $35.7m.

At 1:58pm: (LON:BNK) share price was +5p at 322.5p


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