Marquee Energy Ltd. reported earnings results for the fourth quarter and year ended December 31, 2015. For the quarter, the company reported funds flow from operations of $2,471,000 or $0.02 per share basic and diluted against $10,830,000 or $0.09 per share basic and diluted a year ago. Net loss was $26,701,000 or $0.22 per share basic and diluted against net income of $2,295,000 or $0.02 per share basic and diluted a year ago. Capital expenditures were $2,386,000 against $17,914,000 a year ago. Net debt was $50,279,000 against $63,130,000 a year ago.

For the year, the company reported funds flow from operations of $18,402,000 or $0.15 per share basic and diluted against $37,312,000 or $0.34 per share basic and diluted a year ago. Net loss was $53,419,000 or $0.44 per share basic and diluted against $12,810,000 or $0.12 per share basic and diluted a year ago. Capital expenditures were $18,539,000 against $58,275,000 a year ago. Net debt was $50,279,000 against $63,130,000 a year ago.

For the quarter, the company reported oil sales of 1,691 bbls per day against 1,658 bbls per day a year ago. Heavy oil sales were 461 bbls per day against 580 bbls per day a year ago. NGL's sales were 176 bbls per day against 150 bbls per day a year ago. Natural Gas sales volume was 15,578 mcf per day against 16,923 mcf per day a year ago. Total daily sales were 4,924 boe per day against 5,209 boe per day a year ago.

For the year, the company reported oil sales of 1,646 bbls per day against 1,425 bbls per day a year ago. Heavy oil sales were 598 bbls per day against 537 bbls per day a year ago. NGL's sales were 185 bbls per day against 195 bbls per day a year ago. Natural Gas sales volume was 15,831 mcf per day against 16,203 mcf per day a year ago. Total daily sales were 5,068 boe per day against 4,858 boe per day a year ago.