Petrominerals Corp.: The Tustin crude oil and...
Petrominerals Corp.: The Tustin crude oil and natural gas company reported a third quarter loss of $68,000, or 1 cent a share, compared with a loss of $38,000, or 1 cent a share, for the same three months in 1991. Revenue dropped 24%, to $1.6 million from $2.1 million. For the nine-month period, the company lost $446,000, or 6 cents a share, on revenue of $4.7 million. A year ago, the company lost $51,000, or 1 cent a share, on revenue of $6.6 million.
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