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Pink Sheets: Curlew Lake Resources Inc (CWLXF) news stock charts

Curlew Lake Resources Inc (CWLXF/CWLXF.PK) Penny Investment Summary:

Curlew Lake Resources, Inc. engages in the acquisition, exploration, and development of precious metal properties, and production from oil and gas properties in Western Canada and the United States. It primarily focuses on Métis gas project located in Kikino Settlement, Alberta, as well as explores for gold and silver. The company was incorporated in 1987 and is based in Langley, Canada.
www.curlew-lake.com
Founded in 1987

CURLEW LAKE RESOURCES INC (CWLXF:OTC)

LAST $0.05 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of 8:10 PM 03/8/10 All times are local (Market data is delayed by at least 15 minutes).

Snapshot of CURLEW LAKE RESOURCES INC (CWLXF)

OPEN
$0.05
PREVIOUS CLOSE
$0.05
DAY HIGH
$0.05
DAY LOW
$0.05
52 WEEK HIGH
09/9/09 - $0.06
52 WEEK LOW
12/16/09 - $0.02
MARKET CAP
--
AVERAGE VOLUME 10 D
4.0K
EPS TTM
--
SHARES OUTSTANDING
0.0
CWLXF Does Not Pay Dividends
P/E TTM
--
K = Thousands  M = Millions  B = Billions

Key developments for CURLEW LAKE RESOURCES INC (CWLXF)

Curlew Lake Resources Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended Oct 31, 2009

Curlew Lake Resources Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended Oct 31, 2009. For the quarter, the company reported net loss of CAD 35,382 on operating income of CAD 7,492 against net income of CAD 2,852 on operating income of CAD 58,994 for the same period of the last year. Loss before other items was CAD 35,382, loss before income taxes was CAD 35,382, acquisition of oil and gas properties was CAD 7,500 against income before other items was CAD 2,852, income before income taxes was CAD 2,852, acquisition of oil and gas properties was CAD 7,827 for the same period of the last year. For the nine months, the company reported net loss of CAD 63,199 on operating income of CAD 22,664 against net loss of CAD 17,319 on operating income of CAD 124,021 for the same period of the last year. Loss before other items was CAD 63,217, loss before income taxes was CAD 63,199, acquisition of oil and gas properties was CAD 34,314 against loss before other items was CAD 17,319, loss before income taxes was CAD 17,319, acquisition of oil and gas properties was CAD 163,742 for the same period of the last year.

Curlew Lake Resources Inc. Reports Earnings Results for the Second Quarter and Six Months Ended July 31, 2009

Curlew Lake Resources Inc. reported earnings results for the second quarter and six months ended July 31, 2009. For the quarter, the company reported net loss of CAD 10,678 or 0.00 per basic and diluted share on petroleum and natural gas sales, net of CAD 19,655 compared to net loss of CAD 6,725 or 0.00 per basic and diluted share on petroleum and natural gas sales, net of CAD 109,482 for the same quarter a year ago. Operating income was CAD 7,221 compared to CAD 45,877 for the same quarter a year ago. Loss before income taxes was CAD 10,678 compared to CAD 6,725 for the same quarter a year ago. Acquisition of oil and gas properties was CAD 23,064 and net cash used in operating activities was CAD 7,308 compared to acquisition of oil and gas properties of CAD 111,647 and net cash provided by operating activities was CAD 16,897 for the same quarter a year ago. For the six months, the company reported net loss of CAD 27,817 or 0.00 per basic and diluted share on petroleum and natural gas sales, net of CAD 42,744 compared to net loss of CAD 20,171 or 0.00 per basic and diluted share on petroleum and natural gas sales, net of CAD 151,415 for the same period a year ago. Operating income was CAD 15,172 compared to CAD 65,028 for the same period a year ago. Loss before income taxes was CAD 27,817 compared to CAD 20,171 for the same period a year ago. Acquisition of oil and gas properties was CAD 26,814 and net cash used in operating activities was CAD 12,342 compared to acquisition of oil and gas properties of CAD 155,915 and net cash used in operating activities was CAD 61,334 for the same period a year ago.

Curlew Lake Resources Inc. Announces Successful Acquisition of an Additional 14 Sections (8,960 Acres) of Oil and Natural Gas Leases on its Steen River Prospect in Northern Alberta

Curlew Lake Resources Inc. announced the successful acquisition of an additional 14 sections (8,960 acres) of oil and natural gas leases on its Steen River Prospect in northern Alberta. This brings the Company's land position to a significant 20 section (12,800 acres) in a highly prospective area. Additionally the Company has increased its interest from 25% to 32.5%. The Steen River structure, located 700 miles north of Edmonton, is a meteorite impact crater producing from the outer rim up to 1000 b/d oil and 35 MMcf/d gas including 72 BCF gas reserves. The option lands are located on the untested central uplift; where drill logs indicate about a 1000 meter relief on the fractured basement high.

Curlew Lake Resources Inc financial resources

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Industry Analysis

Valuation CWLXF Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 23.9x
Price/Book 2.5x
Price/Cash Flow NM Not Meaningful
TEV/Sales 22.9x

CWLXF

CWLXF transactions

Type
Date
Target
Private Placement
September 21, 2009
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Pink Sheets: More Recent Financial News About Curlew Lake Resources Inc

Curlew Lake Resources Announces Key Management Additions With Extensive Technical Data and Intellectual Property. Plans Include Aggressive Land Acquisitions Followed by Multiple Drill Programs

Quote: Mike and Jim bring extensive technical data and intellectual property to Curlew Lake Resources. As such both individuals will be considered insiders of the Company and subject to regulatory filings and reporting.The consulting agreement officially commenced January 1, 2010. The Company will be granting each individual 1,250,000 incentive stock options, pursuant to its 2008 rolling stock option plan, at an exercise price of $0.10 per share. All options are valid for five years. These options vest...
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Curlew Lake Resources Announces Key Management Additions With Extensive Technical Data and Intellectual Property. Plans Include Aggressive Land Acquisitions Followed by Multiple Drill Programs

Quote: Mike and Jim bring extensive technical data and intellectual property to Curlew Lake Resources. As such both individuals will be considered insiders of the Company and subject to regulatory filings and reporting.The consulting agreement officially commenced January 1, 2010. The Company will be granting each individual 1,250,000 incentive stock options, pursuant to its 2008 rolling stock option plan, at an exercise price of $0.10 per share. All options are valid for five years. These options vest...
Read article

Curlew Lake Resources Targets Highly Prospective Oil Targets With Additional Land Acquisitions and Increased Interest

Quote: LANGLEY, BRITISH COLUMBIA--(Marketwire - 09/09/09) - Curlew Lake Resources Inc. (TSX-V:CWQ - News)(PINK SHEETS:CWLXF - News) announces the successful acquisition of an additional 14 sections (8,960 acres) of oil and natural gas leases on its Steen River Prospect in northern Alberta. This brings the Company's land position to a significant 20 section (12,800 acres) in a highly prospective area. Additionally the Company has increased its interest from 25% to 32.5%. The Steen River structure, locat...
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Curlew Lake Resources Inc. Announces That it has Signed a Letter of Intent on the Steen River Oil and Gas Prospect of Northern Alberta

Quote:
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