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Accrete Energy Announces First Quarter 2008 Results.

International Resource News-14 May 2008-Accrete Energy Announces First Quarter 2008 Results(C)2008 ENPublishing -

International Resource News - 14 May 2008(c)2005 - Electronic News Publishing -

Accrete Energy, Inc (TSX: GZ), a Canada-based company that explores for oil and gas, has announced its financial results for the first quarter that ended March 31, 2008.

The company has recorded net income of CDD1.9m, or CDD0.12 for the quarter that ended March 31, 2008, from a fund flow of CDD7.5m, compared to net income of CDD0.9m, or CDD0.06 per share from fund flow of CDD4.4m for the year that ended March 31, 2007.

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Publication:International Resource News (IRN)
Date:May 14, 2008
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