Striker Oil & Gas, Inc. (SOIS.OB) Announces a 266% Increase in Revenue for 1st QTR 2008
Striker Oil & Gas, a natural gas and crude oil exploration and production company, has released its first quarter 2008 financial results, and - according to the company - revenues were up over 266% compared to the same period in 2007. Revenues from oil and gas were $1,179,135, compared to $322,348 in 2007. Gross profits also increased in excess of 300% from 174,468 for the 1st quarter of 2007, to $700,867 in 2008. Highlights from the company’s quarters which contributed to their profits include: an increase in crude oil and condensate sales of 2,455 barrels in 2008, or a 39%…
