	cenergy crg reports th qtr net profit cenergy corp reported fourth quarter net income of dlrs or seven cts per share on revenues of mln dlrs for the year it reported a net loss of mln dlrs or cts per share as a result of writedowns in the book value of its oil and gas properties in the first two quarters revenues were mln dlrs following the company s fiscal year ended march it changed to a calender year end for the nine months ended dec it reported a loss of mln dlrs or dlrs per share on revenues of mln dlrs which it said was a result of noncash writedowns of oil and gas properties for the year ended march cenergy reported net income of dlrs or cts per share on revenues of mln dlrs the company said its reserves during the year fell to five mln barrels from mln barrels of oil and to bilion cubic feet of gas from bcf it said these reserves did not disappear but are available to produce as prices recover reuter 
