Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Operations (Unaudited)

v3.3.0.814
Condensed Consolidated Statement of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Income Statement [Abstract]    
REVENUE FROM OIL PRODUCTION $ 649 $ 1,590
OPERATING EXPENSES:    
Lease operating 985 1,214
Depletion, depreciation, amortization, and accretion 198 255
Exploration 247 422
General and administrative 1,978 2,389
Total operating expenses 3,408 4,280
Loss from operations (2,759) (2,690)
OTHER INCOME (EXPENSE):    
Net interest expense (67) 0
Loss on investment in securities (261) 0
Other income (expense) 24 63
Total other income (expense) (304) 63
Loss before tax (3,063) (2,627)
Income tax expense 0 0
Net loss (3,063) (2,627)
Net loss attributable to non-controlling interest in subsidiary 12 0
Net loss attributable to Magellan Petroleum Corporation (3,051) (2,627)
Preferred stock dividends (452) (430)
Net loss attributable to common stockholders $ (3,503) $ (3,057)
Loss per common share (Note 11):    
Weighted average number of basic shares outstanding 5,702,780 5,706,860
Weighted average number of diluted shares outstanding 5,702,780 5,706,860
Basic and diluted loss per common share:    
Net loss attributable to Magellan Petroleum Corporation, including preferred stock dividends (usd per share) $ (0.61) $ (0.54)
Net loss attributable to common stockholders (usd per share) $ (0.61) $ (0.54)