Canada's Enterra Energy Trust booked fiscal 2008 net income of C$7.06 million (US$5.6 million) or C$0.11 per unit, compared to a net loss of C$142.04 million or C$2.38 per unit last year.

The company recorded funds from operations of C$107.35 million, up 48% from C$72.69 million in the previous year. Basic funds from operations per unit rose to C$1.74 from C$1.22 a year earlier.

Full year revenues rose 14% to C$255.27 million from C$223.83 million a year ago.