Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.3.1.900
Segment Information (Tables)
 6 Months Ended
Dec. 31, 2015
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,
 
2015
 
2014
 
2015
 
2014
 
(In thousands)
Revenue from oil production:
 
 
 
 
 
 
 
NP
$
566

 
$
1,265

 
$
1,215

 
$
2,855

 
 
 
 
 
 
 
 
Net (loss) income:
 
 
 
 
 
 
 
NP
$
(238
)
 
$
(657
)
 
$
(1,041
)
 
$
(544
)
MPUK
(294
)
 
(149
)
 
(481
)
 
(581
)
MPA
(86
)
 
(122
)
 
(483
)
 
(757
)
Corporate
(766
)
 
(1,957
)
 
(2,446
)
 
(3,631
)
Inter-segment elimination
4

 
—

 
8

 
—

Consolidated net loss
$
(1,380
)
 
$
(2,885
)
 
$
(4,443
)
 
$
(5,513
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31,
2015
 
June 30,
2015
 
 
 
(In thousands)
Total assets:
 
 
 
 
 
 
 
NP
 
 
 
 
$
36,463

 
$
37,130

MPUK
 
 
 
 
1,903

 
2,373

MPA
 
 
 
 
2,876

 
4,593

Corporate
 
 
 
 
79,307

 
79,474

Inter-segment elimination (1)
 
 
 
 
(76,920
)
 
(76,870
)
Total assets
 
 
 
 
$
43,629

 
$
46,700

(1) Asset inter-segment eliminations are primarily attributable to investments in subsidiaries.