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King Energy $0.59 (KNG:TSX.V)

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Posted: Thursday Aug 25 10:43:04AM 2005

I am in and it is (tech. speaking) on its way to break-out.

By smithcr

Posted: Thursday Aug 25 9:05:33AM 2005

King Energy $0.59 (KNG:TSX.V)(August 25, 2005), searches for its royalties in the oil-rich lands of Western Canada. The company focuses on properties at North Sounding Lake in eastern Alberta, where it produces crude oil, natural gas, and natural gas liquids (NGLs). It has an 80% interest in 1,360 acres in the area and serves as the operator. On August 25, 2005, King Energy Inc. Announces Strategic Property Acquisition On August 23, 2005, King Energy Inc. Announces First Quarter Results. Net income for the three month period ended June 30, 2005 was $161,280 compared to a loss of $127,190 for the quarter ended June 30, 2004.

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