Prairie Schooner Petroleum Ltd. Announces 2004 Results

From: CCNMatthews Newswire | Date: March 23, 2005 | Copyright information

CALGARY, ALBERTA--(CCNMatthews - March 23, 2005) - Prairie Schooner Petroleum Ltd. (TSX:PSL) is pleased to announce its operating and financial results for the fourth quarter and year ended December 31, 2004.

During the fourth quarter of 2004, Prairie Schooner was restructured including a new management team and a recapitalization of the Company. The Company incurred restructuring expenses in the fourth quarter of $1.1 million which was primarily severance costs. Additionally, Gilbert ...

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