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TXCO Resources net loss widens to $4.32 million in November
By Caroline Salls
Pittsburgh, Jan. 7 - TXCO Resources, Inc. posted a $4.32 million net loss for November on $4.73 million in revenues, according to a Thursday filing with the U.S. Bankruptcy Court for the Western District of Texas.
In comparison, the company posted a $4.30 million net loss in October on $4.41 million in revenues.
TXCO had $11.46 million in cash at Nov. 30, up from $6.58 million at the end of October.
TXCO, a San Antonio-based energy company, filed for bankruptcy on May 18, 2009. Its Chapter 11 case number is 09-51807.
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