Posted AT 9:21 AM EDT on 12/05/08
Foreign exchange takes a toll on Compton Petroleum
CALGARY — — A large foreign exchange loss dropped Compton Petroleum Corp.'s first-quarter profit to $1.6-million from a year-ago $13.7-million.
The natural gas focused producer said Monday it would have earned $17.4-million when accounting for one-time charges, compared with $17.9-million in the year-earlier period.
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