Petrominerals Corp.: The Tustin oil and natural...

Petrominerals Corp.: The Tustin oil and natural gas company reported a second-quarter loss of $138,000, or 2 cents a share, contrasted with a profit of $51,000, or 1 cent a share, for the same period in 1991. Revenue declined 36% to $1.4 million from $2.2 million. For the first half, the company recorded a loss of $378,000, or 5 cents a share, on revenue of $3.1 million. For the same period a year earlier, the company lost $13,000, or no cents a share, on revenue of $4.5 million.