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CALGARY _ Junior oil and gas company Bowood Energy Inc. (TSXV:BWD) posted a $1.1-million net loss in the third quarter, about the same as a year earlier.Revenue rose to nearly $1.6 million from $1.2 million in the third quarter of fiscal 2010 but capital spending nearly doubled to $4.7 million during the quarter. The loss was attributed to an accounting provision related to its holdings.The company says its rights to 8,800 acres (3,561 hectares) of Crown land in the Wildwood area were allowed to expire in the quarter and, under...
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