TREK RESOURCES, INC.
Selected Financial Data
(Unaudited)
(In thousands)
Six months ended
Operating Data: March 31, March 31,
2008 2007
OIL AND GAS SALES  $       8,926  $       6,801
COSTS AND EXPENSES:
  Operating             3,144            3,271
  General and administrative                 1,159    813
  Depreciation, depletion and amortization                  1,052  816
    Total Operating Expenses               5,355                 4,900
OPERATING INCOME   $       3,571  $       1,901
OTHER INCOME (EXPENSES):
  Interest expense                 (335)                  (362)
 
  Unrealized Gain (Loss) on Derivatives           (2,727)  

          (393)

            
Acquisition Expenses

 -

- 

Interest and Dividend Income
  Other       19       40    
    Total Other Income (Expenses)                 (3,043)                (715)
Net Earnings   $     528  $ 1,186
Preferred Dividends                  (35)                  (35)
Income available to common shareholders  $       493

 $       1,151
Oil volumes (Mbbls) 76 91
Natural Gas volumes (MMcf) 231 268
March 31, September 30,
Balance sheet data: 2008 2007
Current Assets  $      4,147  $       3,750
Current Liabilities              7,132                4,947
Working Capital                 (2,985)                  (1,197)
Property and Equipment, net     26,762   24,639
Other noncurrent assets         89              58
Long-term liabilities        11,324      11,492
Stockholders Equity  $     12,542  $     12,008