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PetroShale Inc.

10:41 AM EST - PetroShale Inc. : Announced its financial and operating results for the three-month period ended March 31, 2017. The company achieved a significant increase in production to 3,213 boe/d, a 134% increase over the first quarter of 2016 and 73% higher than the fourth quarter of 2016. Realized EBITDA of $8.0 million in the first quarter of 2017, compared to $0.9 million in the corresponding quarter of 2016. PetroShale Inc. shares V.PSH are trading unchanged at $1.30.