Quarterly report pursuant to Section 13 or 15(d)

Segment Information

v3.3.0.814
Segment Information
 3 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Segment Information
Note 12 - Segment Information
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
 
September 30,
 
2015
 
2014
 
(In thousands)
Revenue from oil production:
 
 
 
NP
$
649

 
$
1,590

 
 
 
 
Net (loss) income:
 
 
 
NP
$
(804
)
 
$
113

MPUK
(187
)
 
(432
)
MPA
(397
)
 
(635
)
Corporate
(1,680
)
 
(1,673
)
Inter-segment elimination
5

 
—

Consolidated net loss
$
(3,063
)
 
$
(2,627
)
 
 
 
 
 
 
 
 
 
September 30, 2015
 
June 30,
 2015
 
(In thousands)
Total assets:
 
 
 
NP
$
36,931

 
$
37,130

MPUK
2,012

 
2,373

MPA
2,426

 
4,593

Corporate
79,596

 
79,474

Inter-segment elimination (1)
(76,885
)
 
(76,870
)
Total assets
$
44,080

 
$
46,700

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