TREK RESOURCES, INC.
Selected Financial Data
(Unaudited)  
(In thousands)
Nine months ended
Operating Data: June 30, June 30,
2008 2007
OIL AND GAS SALES  $ 14,830  $  10,620
COSTS AND EXPENSES:
Lease Operating  4,993 4,759
General and administrative     1,744       1,241 45
  Depreciation, depletion and amortization    1,496     1,259
    Total Operating Expenses    8,233 7,259
OPERATING INCOME   $  6,597  $   3,361
OTHER INCOME (EXPENSES):
Interest Expense      (488)    (544)
  Gain (Loss) on Derivatives

           (7,149)

  

 (552)

            
Acquisition Expenses -     

 - 

  Other       32  75
    Total Other Income (Expenses)      (7,605)    (1,021)
Net Earnings       (1,008)   2,339
Preferred Dividends       (53)     (52)
Income available to common shareholders  $    (1,061)  $ 2,287
           
           
           
 
   
Oil volumes (Mbbls) 113 118
Natural Gas volumes (MMcf) 374 468
June 30, September 30,
Balance sheet data: 2008 2007
Current Assets

     $  6,793

  $   3,750  
Current Liabilities    11,310       4,947  
Working Capital     (4,517)         (1,197) 
Property and Equipment, net   26,841    24,640  
Other non-current assets       48   57 
Long-term liabilities

     11,408

  11,492  
Stockholders Equity  $10,964    $  12,008