Key Indicators
Financial
|
Financial Highlights |
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|
|
| For The 3 Months Ended December 31 | |||
| (US$000’s except as indicated) |
2011 |
2010 |
Change |
|
Oil and natural gas revenue (1) |
85,226 |
111,912 |
-24% |
|
Funds from operations (2) |
60,109 |
70,588 |
-15% |
|
Funds from operations per share (2) |
1.16 |
1.38 |
-16% |
|
Net Income (loss) |
(40,405) |
25,806 |
-257% |
|
Net Income (loss)/share (basic) |
(0.78) |
0.50 |
-256% |
|
Weighted average shares outstanding (basic) |
51,603,054 |
51,136,407 |
1% |
| For The 9 Months Ended December 31 | |||
| (US$000’s except as indicated) |
2011 |
2010 |
Change |
|
Oil and natural gas revenue (1) |
281,670 |
347,628 |
-19% |
|
Funds from operations (2) |
181,250 |
225,336 |
-20% |
|
Funds from operations per share (2) |
3.51 |
4.42 |
-21% |
|
Net Income (loss) |
(139,304) |
63,663 |
-319% |
|
Net Income (loss)/share (basic) |
(2.70) |
1.25 |
-316% |
|
Weighted average shares outstanding (basic) |
51,569,074 |
51,010,008 |
1% |
|
(1) Oil and natural gas revenue is before the deduction of royalty expense and the government's share of profit petroleum. (2) Funds from operations and funds from operations per share are non-IFRS measures. Funds from operations is calculated as the cashflows from operating activities prior to the change in operating non-cash working capital, the change in long-term accounts receivable and exploration and evaluation costs expensed to the statement of comprehensive income. |
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Operations
|
For The 3 Months Ended December 31 |
2011 |
2010 |
% |
|
Gas production (Mcf/d) |
209,129 |
276,865 |
-24% |
|
Oil production (Bbl/d) |
1,679 |
2,590 |
-35% |
|
Combined basis (Mcfe/d)(1) |
219,204 |
292,402 |
-25% |
|
Oil & gas price ($/Mcfe)(1) |
4.23 |
4.16 |
2% |
|
Operating cash flow (US$000’s)(2) |
65,157 |
88,855 |
-27% |
|
Operating cash flow/netback (US$/Mcfe)(1)(2) |
3.23 |
3.30 |
-2% |
|
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|
|
|
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|
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| For The 9 Months Ended December 31 |
2011 |
2010 |
% |
|
Gas production (Mcf/d) |
223,791 |
282,821 |
-21% |
|
Oil production (Bbl/d) |
1,930 |
2,941 |
-34% |
|
Combined basis (Mcfe/d)(1) |
235,368 |
300,469 |
-22% |
|
Oil & gas price ($/Mcfe)(1) |
4.35 |
4.21 |
3% |
|
Operating cash flow (US$000’s)(2) |
222,157 |
283,105 |
-22% |
|
Operating cash flow/netback (US$/Mcfe)(1)(2) |
3.43 |
3.43 |
0% |
|
(1) Mcfe is derived by converting oil and condensate to natural gas in the ratio of 1 bbl:6 Mcf. (2) Operating cash flow and operating netback are non-IFRS measures. Operating cash flow is calculated as oil and natural gas revenues less royalties, profit petroleum and cash-portion of operating expense. |
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Expenditures
Expenditures
| (US$000’s) | |||
|
|
9 Months Ended December 31 2011 |
Year Ended March 31 2011 |
|
|
Exploration(1) |
263,648 |
151,099 |
|
|
Development |
9,056 |
27,837 |
|
|
Total |
272,704 |
178,936 |
|
Reserves
|
Gross Reserves |
2011 | 2010 | % |
|
Proved |
|
||
|
Crude Oil and NGL (Mbbl) |
1,772 |
6,081 |
(71%) |
|
Natural Gas (MMcf) |
771,966 |
1,064,237 |
(27%) |
|
Total Proved (MMcfe) |
782,598 |
1,100,723 |
(29%) |
|
Total Probable (MMcfe) |
424,983 |
481,177 |
(12%) |
|
Total Proved plus probable (MMcfe) |
1,207,581 |
1,581,900 |
(24%) |
Landholdings
Landholdings
|
Exploration Acreage |
# Blocks |
Gross |
Net |
|
Bangladesh |
3 |
1,795,383 |
1,116,503 |
|
India |
5 |
8,576,828 |
1,280,991 |
|
Indonesia |
20 |
25,797,908 |
16,598,634 |
|
Kurdistan |
1 |
208,962 |
102,391 |
|
Madagascar |
1 |
4,160,715 |
3,120,536 |
|
Pakistan |
4 |
2,450,460 |
2,450,460 |
|
Trinidad |
10 |
1,995,113 |
1,263,286 |
|
Total |
44 |
44,985,368 |
25,932,802 |
|
Developed Acreage |
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|
Bangladesh |
2 |
7,471 |
6,607 |
|
India |
3 |
114,361 |
19,653 |
|
Total |
5 |
121,832 |
26,259 |
|
Total Acreage |
|
45,107,200 |
25,959,061 |
Shares
Share Information
|
As at April 30, 2012 |
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|
Shares outstanding |
51,641,845 |
|
|
Options outstanding |
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Market capitalization |
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Indices |
S&P/TSX Composite, S&P/TSX Capped Energy |
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