Canadian oil and gas firm Bengal Energy saw revenues rise by 384% after being boosted by an increase in production and equity funding.
The Alberta-based firm saw fourth quartr revenue up to $3million, compared to $0.6million for the same period the previous year.
Reported revenues for the financial year were up 35% to $5.9million compared to the previous year.
The company also reported that 13 wells have been drilled and cased as oil producers with 100% success at the Cuisinier field in Queensland, Australia, with eight of those wells currently producing.