The company posted a loss of $19.7million for the 12 months to 31 December, compared to a $14.9 millionloss during 2012.
The fall in profit came as revenuesdecreased 30% year-on-year, from nearly $16.3 million in 2012 to justunder $11.4 million last year.
Contributing to the fall in revenue wasa drop in production to an average of 776 barrels of oil equivalentper day, compared to an average of 1581 boepd a year earlier.
BNK
