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Latest ISRAMCO INC. Stories

2014-08-08 16:21:39

HOUSTON, Aug. 8, 2014 /PRNewswire/ -- Isramco, Inc. (Nasdaq: ISRL) today reported revenues for the quarter ending June 30, 2014, of $23,233,000, compared to revenues of $17,038,000 for the same quarter of 2013, a 36% increase. This was primarily due to growth in Isramco's well service segment, which increased revenues to $7,482,000 compared to $2,993,000 for the corresponding period in 2013, and to higher production volumes and sale prices for natural gas and crude oil in the United...

2014-05-09 16:21:54

HOUSTON, May 9, 2014 /PRNewswire/ -- Isramco, Inc. (Nasdaq: ISRL) today reported revenues for the quarter ended March 31, 2014, of $21,368,000, compared to revenues of $11,452,000 for the first quarter a year ago, an 87% increase. This was primarily due to Isramco's overriding royalty interest in the Tamar Field offshore Israel, which generated net revenues of $5,102,000, and growth in its well service operations, which increased revenues to $6,414,000 compared to $2,704,000 for the...

2014-03-17 16:21:52

HOUSTON, March 17, 2014 /PRNewswire/ -- Isramco, Inc. (Nasdaq: ISRL) reported today revenues for the fourth quarter ended December 31, 2013, of $20,617,000 compared to revenues of $13,383,000 for the fourth quarter a year ago. The company reported a net loss of $13,132,000, or ($4.83) per share, for the fourth quarter of 2013 compared to a net loss of $652,000, or ($0.24) per share for the same quarter a year earlier. The loss was primarily caused by one time impairment of...