Stock Quote: NKO | TSX: $0.21   0.00

Apr 29, 2016 @ 15:59 ET

Focused on value generation in the D6 Block in India while maintaining optionality to benefit from exploration potential in its portfolio.

Key Indicators

Financial

Financial Highlights

 

 

 

Nine Months ended December 31,

(US$000’s except as indicated)

2015

2014

Change

Oil and natural gas revenue

73,796

92,641

-20%

EBITDAX 46,096  62,357  -26%

 Net Income Loss From Continuing Operations 

 (133,292)  (210,693)  -37%
 Net Income Loss From Discontinued Operations  (29,770) (26,957) 10%

Net Income (loss) per/share (basic) From Continuing Operations

(1.41)

(2.25)

-38%

Net Income (loss) per/share (basic) From Discontinued Operations (0.32) (0.29) 10%

Weighted average shares outstanding (basic)

93,034,116

93,508,561 1%

Operations

Six Months ended September 30,

2015

2014

   %      

Gas production (Mcf/d)

99,105

 10,245

  -6%

Oil production (Bbl/d)

670

793

 -16%

 Combined basis (Mcfe/d)(1)

103,123

 110,002

 -6%

Oil & gas price ($/Mcfe)(1)

7.78

9.15

-15

 

 

 

 

(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.

 

Expenditures

Expenditures

(US$000’s)

Nine Months ended December 31,

2015

2014

 

Exploration                               

11,814

31,786

 

Development

18,891

21,866

 

Total

30,705

53,652

 

 

 

Reserves

Gross Reserves

March 31, 2015 March 31, 2014 %

Proved

 

   

 Crude Oil and NGL (Mbbl)

1,146

1,480

-23%

 Natural Gas (MMcf)

210,689

575,307

-63%

Total Proved (MMcfe)

217,565

584,187

-63%

Total Probable (MMcfe)

328,704

242,166

36%

Total Proved plus probable (MMcfe)

546,269

814,360

-33%

Government Payments

FOR THE YEAR ENDED 31 MARCH 2015

Currency: USD'000

Type of Payment National Government Local Government Total
Royalties 4,457 112 4,569
Bonus Payments - - -
License Payments and fees 203 - 203
(Other than routine nominal administrative fees)
Profit Petroleum 28,879 - 28,879
Income Tax 1,185 - 1,185
Other fiscal benefits to government
- Sales Tax / VAT 1,221 1,911 3,131
- Service Tax 230 - 230
- Others 27 44 71
Total 36,203 2,066 38,269

Shares

Share Information

As at February 10, 2016

 

Shares outstanding

94,049,614

Options outstanding

1,213,734

Market capitalization

7,053,721

Indices

S&P/TSX Composite, S&P/TSX Capped Energy