Cash flow for the nine month period was $911,000, compared to $1.8 million for the same period in 2006. Sharon reported a loss for the nine month period ended December 31, 2007 of $520,000 or $0.01 per share, as compared to earnings of $158,000 or nil per share for the same period in 2006.
Production for the three month period ended December 31, 2007 declined to average 208 barrels of oil equivalent per day (boe/d), compared with 377boe/d for the same period in 2006. For the nine month period, production declined to 224boe/d, compared with 349boe/d for the same period in 2006.
