Contour Reports 2001 Financial Results.

Business Wire (March 07, 2002)


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Headnotes:

Extract:

Contour Reports 2001 Financial Results.

Business/Energy Editors

HOUSTON--(BUSINESS WIRE)--March 7, 2002

CONTOUR ENERGY CO. ("Contour" or the "Company") today announced fourth quarter and full year cash flows from operations before working capital changes ("cash flows") of $3.7 million or $0.25 per common share and $40.7 million, or $3.01 per common share on revenues of $17.6 million and $94.0 million, respectively. This compares to cash flows of $9.4 million and $22.9 million, respectively, for the corresponding periods in 2000. Current quarter cash flows reflect the steep decline in commodity prices from the prior year quarter.

The Company also reported a net l...



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