VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Meren Energy Inc. (MRNFF) on Tuesday reported a loss of $42.2 million in its first quarter.

On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 6 cents. Losses, adjusted for non-recurring costs, were 2 cents per share.

The oil and natural gas company posted revenue of $114.3 million in the period.

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