Interra Resources says the group generated a net profit after tax of US$1.82 million for the fourth quarter of 2009 (4Q FY2009), compared to a net loss after tax of US$0.34 million in 4Q 2008.
Revenue increased by 5% to US$3.64 million from US$3.47 million due to higher weighted average oil prices although shareable production was lower than the preceeding quarter.
