Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v2.4.0.8
Segment Information (Tables)
 9 Months Ended
Mar. 31, 2014
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
he Company conducts its operations through three wholly owned subsidiaries: NP, which operates in the US; MPUK, which includes our operations in the UK; and MPA, which is primarily active in Australia. Oversight for these subsidiaries is provided by Corporate which is treated as a cost center. Due to the sale of the Amadeus Basin assets held by MPA, results of operations related to MPA are included in results of operations from discontinued operations.
 
THREE MONTHS ENDED
 
NINE MONTHS ENDED
 
March 31,
 
March 31,
 
2014
 
2013
 
2014
 
2013
 
(In thousands)
Revenue from oil production:
 
 
 
 
 
 
 
NP
$
1,907

 
$
1,706

 
$
5,674

 
$
4,608

 
 
 
 
 
 
 
 
Net income (loss) from continuing operations:
 
 
 
 
 
 
 
NP
$
40

 
$
333

 
$
(536
)
 
$
(133
)
MPUK
(1,349
)
 
(2,417
)
 
(2,495
)
 
(4,424
)
Corporate
(2,011
)
 
(1,673
)
 
(6,700
)
 
(6,661
)
Inter-segment elimination
247

 
31

 
367

 
(146
)
Consolidated net loss from continuing operations
$
(3,073
)
 
$
(3,726
)
 
$
(9,364
)
 
$
(11,364
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
March 31,
2014
 
June 30,
2013
 
 
 
 
 
(In thousands)
Total assets:
 
 
 
 
 
 
 
NP
 
 
 
 
$
26,831

 
$
26,093

MPUK
 
 
 
 
174

 
2,021

MPA
 
 
 
 
39,821

 
33,418

Corporate
 
 
 
 
102,403

 
96,558

Inter-segment elimination (1)
 
 
 
 
(75,196
)
 
(75,818
)
Consolidated total assets


 


 
94,033

 
82,272

Assets of discontinued operations
 
 
 
 
—

 
(18,199
)
Total assets of continuing operations


 


 
$
94,033

 
$
64,073

(1) Asset inter-segment eliminations are primarily derived from investments in subsidiaries.