Pauley Petroleum Inc.: The Roswell, N.M.-based oil...

Pauley Petroleum Inc.: The Roswell, N.M.-based oil company reported a third-quarter profit of $1.2 million, contrasted with a loss of $1.3 million a year ago. Revenue totaled $91 million, a gain of 5%. The firm credited a firming in the price of crude oil and improved profit margins at the company’s Fletcher refinery in Carson for the increased profits.