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For the fiscal year ended 30 June 2015, Drillsearch Energy Limited revenues decreased 35% to A$250.6M. Net loss totaled A$8.1M vs. income of A$41.9M. Revenues reflect Oil & Gas segment decrease of 40% to A$220.8M, Wet Gas Projects segment decrease of 46% to A$11.3M. Net loss reflects Impairment of oil and gas assets increase from A$218K to A$51.9M (expense), Exploration and evaluation costs written increase of 30% to A$57.6M (expense).
Period Ending: | Jun 30, 2015 | Dec 31, 2014 | Jun 30, 2014 | Dec 31, 2013 |
---|---|---|---|---|
Total Revenue | 103.87 | 146.71 | 186.68 | 200.34 |
Gross Profit | 32.09 | 68.86 | 109.86 | 125.94 |
Operating Income | -38.76 | 18.94 | 47.56 | 89.58 |
Net Income | -22.43 | 14.35 | 6.39 | 35.53 |
Period Ending: | Jun 30, 2015 | Dec 31, 2014 | Jun 30, 2014 | Dec 31, 2013 |
---|---|---|---|---|
Total Assets | 540.15 | 698.87 | 557 | 561.51 |
Total Liabilities | 242.86 | 281.5 | 292.38 | 235.46 |
Total Equity | 297.29 | 417.37 | 264.62 | 326.06 |
Period Ending: | Jun 30, 2015 | Dec 31, 2014 | Jun 30, 2014 | Dec 31, 2013 |
---|---|---|---|---|
Period Length: | 12 Months | 6 Months | 12 Months | 6 Months |
Cash From Operating Activities | 84.41 | 97.51 | 226.55 | 93.83 |
Cash From Investing Activities | -108.92 | -104.67 | -103.6 | -46.62 |
Cash From Financing Activities | 0.68 | 1.27 | -7 | -7.26 |
Net Change in Cash | -20.9 | -5.89 | 116.32 | 39.95 |
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