Australis Oil & Gas Limited announced consolidated earnings results for the half year ended June 30, 2016. For the year, the company reported revenue of AUD 32,000, loss from continuing operations before income tax of AUD 4,891,000, net loss from continuing operations after income tax of AUD 4,891,000, total comprehensive loss for the period attributable to owners of the company of AUD 5,885,000, basic and diluted loss per share of 2.61 cents, net cash outflow from operating activities of AUD 2,477,000, payment for capitalised oil and gas assets of AUD 23,875,000 and payment for property, plant and equipment of AUD 32,000.