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For the six months ended 30 June 2016, Twin Butte Energy Ltd revenues decreased 50% to C$61.7M. Net loss increased from C$45.7M to C$200.3M. Revenues reflect Oil Equivalent Production (Units/day), T decrease of 27% to 13K barrels per day, petroleum and natural gas sales decrease of 51% to C$68.6M. Higher net loss reflects Impairment of property and equipment increase from C$4.9M to C$138.2M (expense).
Period Ending: | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 |
---|---|---|---|---|
Total Revenue | 36.77 | 24.88 | 42.27 | 49.71 |
Gross Profit | 15.87 | 3.37 | 15.01 | 20.86 |
Operating Income | -170.5 | -27.06 | -232.08 | -55.09 |
Net Income | -171.85 | -28.44 | -249.25 | -41.94 |
Period Ending: | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 |
---|---|---|---|---|
Total Assets | 356.96 | 526.63 | 563.33 | 862.13 |
Total Liabilities | 514.91 | 516.81 | 526.29 | 575.52 |
Total Equity | -157.95 | 9.82 | 37.05 | 286.61 |
Period Ending: | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 |
---|---|---|---|---|
Period Length: | 6 Months | 3 Months | 12 Months | 9 Months |
Cash From Operating Activities | 16.2 | 7.03 | 170.32 | 145.46 |
Cash From Investing Activities | -14.75 | -11.34 | -93.52 | -77.16 |
Cash From Financing Activities | -1.45 | 4.31 | -76.8 | -68.3 |
Net Change in Cash | 0 | 0 | 0 | 0 |
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