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Independent Oil Gas

Sky Petroleum Inc. is a public company that trades on the U.S. over-the-counter market under the ticker symbol SKPI. The company is engaged in the exploration, development, and production of oil and gas properties, primarily in the United States.

In terms of financials, here is some general information:

* As of the latest financial statements, Sky Petroleum had total assets of approximately $11.7 million and total liabilities of approximately $7.9 million, resulting in shareholders' equity of around $3.8 million.

* For the most recent fiscal year, the company reported revenues of $2.6 million, a significant increase from the previous year's revenue of $114,000.

* However, the company's net loss for the most recent fiscal year was $2.3 million, which is a slight improvement from the previous year's net loss of $2.5 million.

* The company's earnings per share (EPS) for the most recent fiscal year was a negative $(0.09), compared to a negative $(0.27) in the previous year.

It's important to note that while Sky Petroleum has shown some positive trends in revenue growth, the company is still not profitable, and its net loss has only slightly decreased in the most recent fiscal year. Investors interested in SKPI should carefully consider the company's financials and the overall market conditions before making investment decisions. As with any investment, it's recommended to conduct thorough research and consider consulting with a financial advisor.