25 August 2016
The Company Announcements Platform Australian Securities Exchange Exchange Centre
20 Bond Street
SYDNEY NSW 2000
Tap Oil Limited
ABN 89 068 572 341
Level 1, 47 Colin Street West Perth WA 6005 Australia
T: +61 8 9485 1000
F: +61 8 9485 1060
E: [email protected]
www.tapoil.com.au
TAP OIL LIMITED
HALF-YEAR RESULTS TO 30 JUNE 2016
Please find attached Tap Oil Limited's Half-Year Results to 30 June 2016
Included in the attachment is the Appendix 4D and the Financial Report for the half-year ended 30 June 2016, including the Directors' Report, the Auditor's Independence Declaration and the Auditor's Review Report.
A copy of this announcement and accompanying documents are available at the ASX and can be viewed on the Company's website www.tapoil.com.au under the heading "Investor Centre".
Tap Oil Limited
ABN 89 068 572 341
Appendix 4D
Half-Year Report
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US$'000
|
|
2.1
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Revenue from continuing operations
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Down
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49%
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to
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28,113*
|
|
2.2
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Loss from continuing operations after tax
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Down
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66%
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to
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5,994*
|
|
2.3
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Loss for the period attributable to members
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Down
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66%
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to
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5,994*
|
Six months ended 30 June 2016 Results for announcement to the market
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Dividends (distributions)
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Amount per security
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Franked amount per security
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-
Dividends Nil Nil
Previous corresponding period Nil Nil
-
Record date for determining entitlements to the dividend
N/A - No dividends have been declared or paid.
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NTA backing
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30 June
2016
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31 December
2015
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3. Net tangible asset backing per + ordinary security $0.12 $0.21
+ Net assets excluding deferred exploration expenditure and deferred tax liabilities.
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4. Details of controlled entities
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4.1 Control gained over en effect
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tities having material
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|
Name of entity (or group
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of entities) No entities were acquired during the half-year ended 30 June 2016
|
|
Date from which control
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was gained N/A
|
|
Profit after tax of the controlled entity (or group of
entities) for the whole of the previous corresponding N/A period
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*compared to 30 June 2015
Tap Oil Limited
ABN 89 068 572 341
Appendix 4D
Half-Year Report
Six months ended 30 June 2016 Continued
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4.2 Control lost over entities having material effect
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|
Name of entity (or grou
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p of entities) No entities were disposed during the half-year ended 30 June 2016
|
|
Date from which contro
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l was lost N/A
|
|
Contribution to consolidated profit from sale of
interest leading to loss of control N/A
|
|
5.
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Details of dividends
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No dividends have been declared or proposed
|
|
6.
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Details of dividend reinvestment plans
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N/A
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7.
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Details of associate and joint venture entities
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Full list included in the Annual Report of Tap Oil Ltd for the year ended 31 December 2015.
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8.
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Foreign entities
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Foreign entities' financial reports were compiled based on International Financial Reporting Standards (IFRS).
|
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9.
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Details of audit dispute or audit qualification
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N/A
|
|
10.
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Other significant information
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Refer to the attached reviewed Half Year report
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|
11.
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Commentary on results for the period
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Refer to the attached Directors' Report included in the Half Year report
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12.
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Audited accounts
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The report is based on the attached Half Year financial report which has been reviewed by Tap's auditors
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TAP OIL LIMITED
ABN 89 068 572 341
HALF YEAR REPORT 30 JUNE 2016