Brownstone Ventures Inc.
Brownstone Ventures Inc. (Brownstone Ventures) is energy focused investment company. The company develops interests in a number of oil and gas projects in several locations across the globe. Currently, it holds 8 direct interest in crude oil and natural gas assets. The subsidiaries of the company include Brownstone Ventures (US) Inc. (Brownstone US), Brownstone Ventures (Barbados) Inc., Brownstone Comercializadora de Petroleo Ltda., and 2121197 Ontario Ltd. It has its operations in Canada, the US, Argentina, India and Brazil. The company is headquartered in Toronto, Canada.The company reported revenues of (Canadian Dollars) CAD 43.11 million during the fiscal year ended June 2009, a decrease of 239.23% from 2008. The operating loss of the company was CAD 43.22 million during the fiscal year 2009, as against an operating income of CAD 27.01 million during 2008. The net loss of the company was CAD 36.01 million during the fiscal year 2009, as against a net profit of CAD 22.33 million during 2008.
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