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The Warsaw Voice » Business » August 13, 2013
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Serinus Energy nets pro forma USD 5.45 in the second quarter
August 13, 2013   
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Listed fuel firm Serinus Energy, formerly known as Kulczyk Oil Ventures, netted pro forma USD 5.45m in the second quarter, the company said in a market filing Monday.

The pro forma result included the results from Winstar Resources. Of the net result, USD 4.23m was generated by Kulczyk Oil Ventures and USD 0.33 m by Winstar.

First quarter pro forma revenues were at USD 36.8m, of which USD 28.7m was contributed by Kulczyk Oil Ventures and USD 8.1m by Winstar.

For accounting purposes, Serinus will assume the merger was effective on June 24.
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