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Canadian Superior Energy Inc. Announces Record Third Quarter Results: Revenues Up 61%, Cash Flow Up 96%, Net Earning $1.5 Million. CALGARY, Alberta--(BUSINESS WIRE)--Nov. 4, 2005--Canadian Superior Energy Inc. ("Canadian Superior") (AMEX:SNG - News; TSX:SNG - News) of Calgary, Alberta, Canada is pleased to report that oil and gas revenue before royalties, cash flow from operations and net income has all increased in the third quarter of 2005 to record levels. Oil and gas revenues before royalties during the third quarter of 2005 increased to $15.0 million, up 61%, as compared to $9.3 million in the third quarter of 2004. For the first nine months of 2005, oil and gas revenues of $35.9 million were achieved, up 30%, as compared to 2004 revenues of $27.7 million for the same period. The revenue increases are due to increased production volumes brought on in the third quarter of 2005 as well as higher average prices achieved.
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