Stock Quote: NKO | TSX: $0.17   0.00

Jul 29, 2016 @ 15:52 ET

Focused on value generation of assets in India and Bangladesh.

Key Indicators

Financial

Financial Highlights

 

 

 

Twelve Months ended March 31,

(US$000’s except as indicated)

2016

2015

Change

Oil and natural gas revenue

94,170

121,088

-22%

EBITDAX 57,119  80,718  -29%

 Net Income Loss From Continuing Operations 

 (55,694)  (545,140)  -90%
 Net Income Loss From Discontinued Operations  (30,108) (127,773) -76%

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

(0.59)

(5.82)

-90%

Net Income (loss) per/share (basic) From Discontinued Operations (0.32) (1.36) -77%

Weighted average shares outstanding (basic)

94,037,970

93,634,465 0%

Operations

Twelve Months ended March 31,

2016

2015

   %      

Gas production (Mcf/d)

100,581

 108,551

  -7%

Oil production (Bbl/d)

689

843

 -18%

 Combined basis (Mcfe/d)(1)

104,713

 113,606

 -8%

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

2.46

2.92

-16

 

 

 

 

(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)

Twelve Months ended March 31,

2016

2015

 

Exploration                               

12,804

34,562

 

Development

23,296

29,737

 

Total

36,100

64,299

 

 

 

Reserves

Gross Reserves

March 31, 2016 March 31, 2015 %

Proved

 

   

 Crude Oil and NGL (Mbbl)

4,644

1,146

305%

 Natural Gas (MMcf)

361,985

210,689

72%

Total Proved (MMcfe)

389,849

217,565

79%

Total Probable (MMcfe)

158,367

328,704

-52%

Total Proved plus probable (MMcfe)

548,216

546,269

0%

Government Payments

Twelve Monts ended March 31, 2016

Currency: USD'000

Type of Payment National Government Local Government Total
Royalties 3,537 107 3,644
Bonus Payments - - -
License Payments and fees 211 32 243
(Other than routine nominal administrative fees)
Profit Petroleum 29,164 - 29,164
Income Tax 4 - 4
Other fiscal benefits to government
- Sales Tax / VAT 1,003 3,004 4,007
- Service Tax 49 - 49
- Others - - -
Total 1,051 3,044

4,056

Shares

Share Information

As at June 28, 2016

 

Shares outstanding

94,049,614

Options outstanding

1,199,067

Market capitalization

19,750,419

Indices

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