Mountainview Energy Ltd. announced earnings and production results for the second quarter ended June 30, 2014. For the quarter, the company reported negative funds flow from operations of $28,000 against funds flow from operations of $766,000 a year ago. Net loss was $6,267,000 or $0.07 per basic and diluted share against $1,065,000 or $0.02 per basic and diluted share a year ago. Capital expenditures were $6,333,000 against $1,682,000 a year ago. Net debt as at June 30, 2014 was $71.3 million.

For the quarter, the company reported average production of 915 boe/d against 703 boe/d a year ago.