Quarterly Revenue for previous quarter- $639,000
Chairman holds 168,000,000 shares or 21.5%
Sub holder Verona (Craig Burton) holds 187,000,000 or 25%
Top 20 = 60%
"Financially the Company continues to make an operating profit before write-downs, notwithstanding the significant reduction in the oil price, production revenue was over $3.6 million. The Company also realised a $648,684 gain on selling its put options at the bottom of the oil curve. Earnings before interest, tax and amortisation or impairments was$539,360.
