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Storm Cat Energy posts $103,749 operating loss for March
By Jennifer Lanning Drey
Portland, Ore., May 21 - Storm Cat Energy (USA) Corp. reported a $103,749 operating loss for March on net operating revenues of $265,081, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Colorado.
The net loss for the period was $693,399.
Storm Cat had cash and cash equivalents of $1.34 million at April 30.
Storm Cat, with headquarters in Denver and Calgary, Alta., filed for bankruptcy on Nov. 10, 2008. The Chapter 11 case number is 08-27887.
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