AusTex Oil Limited Appendix 4D Half-year report
  1. Company details

    Name of entity:

    AusTex Oil Limited

    ABN:

    42 118 585 649

    Reporting period:

    For the half-year ended 30 June 2016

    Previous period:

    For the half-year ended 30 June 2015

  2. Results for announcement to the market

    US$

    Revenues from ordinary activities

    down

    55.9%

    to

    3,080,562

    Loss from ordinary activities after tax attributable to the owners of AusTex Oil Limited

    up

    33.2%

    to

    (4,161,782)

    Loss for the half-year attributable to the owners of AusTex Oil Limited

    up

    33.2%

    to

    (4,161,782)

    Dividends

    There were no dividends paid, recommended or declared during the current financial period.

    Comments

    The loss for the group after providing for income tax and non-controlling interest amounted to US$4,161,782 (30 June 2015: US$3,124,176).

  3. Net tangible assets

    Reporting period

    Previous period

    Cents

    Cents

    Net tangible assets per ordinary security

    6.81

    7.44

  4. Control gained over entities

Name of entities (or group of entities)

Not Applicable

Date control gained

US$

Contribution of such entities to the reporting entity's profit/(loss) from ordinary activities before income tax during the period (where material)

-

Profit/(loss) from ordinary activities before income tax of the controlled entity (or group of entities) for the whole of the previous period (where material)

-

5. Dividends

Current period

There were no dividends paid, recommended or declared during the current financial period.

Previous period

There were no dividends paid, recommended or declared during the previous financial period.

  1. Dividend reinvestment plans

    Not applicable.

  2. Foreign entities

    Details of origin of accounting standards used in compiling the report:

    The consolidated financial report includes the consolidation of AusTex Oil Limited's subsidiaries located in the US: AusTex Oil Holdings LLC, parent of IEC Holdings LLC (and its subsidiary International Energy Corporation (Oklahoma)), International Energy LLC and International Energy Company LLC.

  3. Audit qualification or review

    Details of audit/review dispute or qualification (if any):

    The financial statements were subject to a review by the auditors and the review report is attached as part of the Interim Financial Report.

  4. Attachments

    Details of attachments (if any):

    The Interim Financial Report of AusTex Oil Limited for the half-year ended 30 June 2016 is attached.

  5. Signed

Date: 31 August 2016

R Adrey

Co-Managing Director

AusTex Oil Limited

ABN 42 118 585 649

Interim Financial Report - 30 June 2016

AusTex Oil Limited published this content on 31 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 31 August 2016 06:43:07 UTC.

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