Maverick Drilling & Exploration Limited announced consolidated financial results for the six months ended December 31, 2013. For the period, the company reported revenue from continuing operations of $17.844 million against $9.270 million a year ago. Loss before income tax was $2.497 million against profit before tax of $1.105 million a year ago.

Loss from continuing operations was $0.733 million against profit from continuing operations of $1.035 million a year ago. Loss is attributable to owners of the company was $0.733 million against profit is attributable to owners of the company of $1.035 million a year ago. Loss per diluted share for loss from continuing operations attributable to the ordinary equity holders of the company was 0.16 cents against earnings per diluted share for profit from continuing operations attributable to the ordinary equity holders of the company of 0.25 cents a year ago.

Loss per share for loss attributable to the ordinary equity holders of the company was 0.16 cents against profit per share for loss attributable to the ordinary equity holders of the company of 0.25 cents a year ago. Net cash inflow from operating activities was $15.292 million against $3.514 million a year ago. Payments for property, plant and equipment was $1.869 million against $3.423 million a year ago.

Payments for oil and gas assets was $21.238 million against $11.211 million a year ago. Adjusted EBITDA was $13.799 million.