TQE Torque Energy Com

Torque Energy Inc. (TSX VENTURE:TQE) today filed with Canadian securities
authorities its unaudited interim financial statements and related Management's
Discussion and Analysis for the three month period ended February 28, 2011.


Torque realized a profit of $186,875 ($0.01 per share) on revenues of $768,889
for the three months ended February 28, 2011 compared to a profit of $149,912
($0.01 per share) on revenues of $726,462 for the same period in 2010.


On January 14, 2011, Torque received a milestone payment of $527,450 from Union
Gas relating to the Jacob Pool gas storage transaction which closed June 17,
2010. This receipt along with profitable operations and positive cash flows
allowed the Company to further reduce its bank indebtedness to $899,864 from
$1,542,572 at November 30, 2010.


Copies of the filed documents may be accessed electronically through the SEDAR
website at www.sedar.com and the Company's website www.torqueenergy.com.

Grafico Azioni Torque Energy Com (TSXV:TQE)
Storico
Da Giu 2024 a Lug 2024

Grafico Azioni Torque Energy Com (TSXV:TQE)
Storico
Da Lug 2023 a Lug 2024