Nov 10 (Reuters) - BNK Petroleum Inc’s quarterly loss narrowed, helped by higher oil production and prices.
The Canadian oil and gas explorer reported a third-quarter net loss at C$274,000, or breakeven per share, compared with a loss of C$1.5 million, or 1 Canadian cent a share, last year.
Oil and gas revenues net of royalties more than doubled to C$6.1 million.
Average daily production increased 70 percent to 1,868 barrels of oil equivalent per day in the quarter.
Shares of the company closed at C$2.20 on Wednesday on the Toronto Stock Exchange. (Reporting by Ankur Banerjee in Bangalore; Editing by Maju Samuel)