Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v2.4.1.9
Segment Information (Tables)
6 Months Ended
Dec. 31, 2014
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The 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 includes our operations in Australia. Oversight for these subsidiaries is provided by Corporate, which is treated as a cost center.
 
THREE MONTHS ENDED
 
SIX MONTHS ENDED
 
December 31,
 
December 31,
 
2014
 
2013
 
2014
 
2013
 
(In thousands)
Revenue from oil production:
 
 
 
 
 
 
 
NP
$
1,265

 
$
1,633

 
$
2,855

 
$
3,767

 
 
 
 
 
 
 
 
Net (loss) income from continuing operations:
 
 
 
 
 
 
 
NP
$
(657
)
 
$
(14
)
 
$
(544
)
 
$
(576
)
MPUK
(149
)
 
(514
)
 
(581
)
 
(1,146
)
MPA
(122
)
 

 
(757
)
 

Corporate
(1,957
)
 
(2,267
)
 
(3,631
)
 
(4,751
)
Inter-segment elimination

 
185

 

 
181

Consolidated net loss from continuing operations
$
(2,885
)
 
$
(2,610
)
 
$
(5,513
)
 
$
(6,292
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31,
2014
 
June 30,
2014
 
 
 
 
 
(In thousands)
Total assets:
 
 
 
 
 
 
 
NP
 
 
 
 
$
31,152

 
$
27,299

MPUK
 
 
 
 
3,835

 
4,486

MPA
 
 
 
 
4,098

 
14,073

Corporate
 
 
 
 
106,562

 
111,113

Inter-segment elimination (1)
 
 
 
 
(77,198
)
 
(75,536
)
Total assets of continuing operations


 


 
$
68,449

 
$
81,435

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