We are pleased to release our year-end financial results which indicate we are on the right path to building value for our shareholders. This is the first time in EnDevCo’s history that this has been achieved, and we are confident that as we continue to grow, we will achieve our ultimate goal of positive earnings per share, stated Chris A. Dittmar, EnDevCo’s chief executive officer. The dramatic increases in our Revenue and Net Income from Operations are due largely to the increased production at Short Junction Field together with reductions in Cost of Revenues and lower corporate Costs and Expenses which positively impacted our Net Income from Operations, said Chief Financial Officer Joseph Lessard. Our earnings outlook for 2009 is favorable, and our plans to increase the Company’s production are moving forward, Lessard went on to say.
