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For the three months ended 31 March 2016, LGX Oil + Gas Inc revenues decreased 66% to C$931K. Net loss decreased 4% to C$2.4M. Revenues reflect Petroleum and natural gas sales decrease of 65% to C$1M. Lower net loss reflects Depletion and depreciation decrease of 49% to C$895K (expense), Exploration and evaluation expenses decrease of 52% to C$194K (expense), Share-based payments decrease of 76% to C$57K (expense).
Period Ending: | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 |
---|---|---|---|---|
Total Revenue | 0.93 | 1.8 | 2.95 | 2.89 |
Gross Profit | 0.38 | 0.84 | 1.48 | 1.46 |
Operating Income | -1.19 | -12.85 | -15.1 | -3.24 |
Net Income | -2.36 | -13.72 | -15.68 | -3.82 |
Period Ending: | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 |
---|---|---|---|---|
Total Assets | 74.94 | 73.4 | 87.68 | 103.53 |
Total Liabilities | 68.69 | 64.84 | 65.38 | 65.48 |
Total Equity | 6.25 | 8.55 | 22.3 | 38.05 |
Period Ending: | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 |
---|---|---|---|---|
Period Length: | 3 Months | 12 Months | 9 Months | 6 Months |
Cash From Operating Activities | -0.56 | 0.14 | 0.53 | 0.93 |
Cash From Investing Activities | -0 | -10.52 | -10.32 | -10.29 |
Cash From Financing Activities | 0.55 | 9.27 | 8.76 | 8.31 |
Net Change in Cash | -0.02 | -1.09 | -1.02 | -1.04 |
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