Bankers Petroleum sees oil revenue double

Bankers Petroleum, an oil and gas producer, saw oil revenue double for 2011 while net income more than tripled.

Bankers Petroleum, an oil and gas producer, saw oil revenue double for 2011 while net income more than tripled.

Oil revenue rose from $0.17m to $0.34m, net income jumped from $0.11m to $0.34m, while net operating income doubled from $0.8m to $0.17m. Earnings per share rose from 0.044 cents to 0.146 cents.

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