Full year revenue flat at Tangiers Petroleum following farm-out deals

Revenue was flat in the year ended December 31st at AIM-listed oil and gas exploration company Tangiers Petroleum in a year that saw the company complete a 'crisis turnaround'.

Revenue was flat in the year ended December 31st at AIM-listed oil and gas exploration company Tangiers Petroleum in a year that saw the company complete a 'crisis turnaround'.

In its financial results for the year, the company, which has a portfolio of oil and gas assets located in Morocco and Australia, recorded revenue of $94,304, the same as the restated revenue value for 2011.

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