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Tuscany Energy Drives Oil Production, Revenues

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August 16, 2012

Tuscany Energy Ltd. (TSX VENTURE:TUS) announces that it has filed on SEDAR its Interim Financial Statements and MD&A for the six months ended June 30, 2012.

For the six months ended June 30, 2012, oil production increased to 368 BOEd from 167 BOEd for the same period in 2011. Revenues increased to $4.1 million from $1.9 million and cash flow from operations increased to $1.7 million from $665,000 in 2011. The Company also reported no debt at the end of the period.

Operations

In Q1 2012 Tuscany completed a three ...


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