hy09 net profit after tax up 1445 percent

only had a glance so far but there are plenty of positives in this IMO

REVENUE UP 19%

CASHFLOW UP 19%

TOTAL PRODUCTION UP 4%
(oil down 5%-asset sale...gas up 25%)

Interest Expense DOWN 30%

DEBT DOWN 16%

FAIR VALUE GAIN ON HEDGES UP 603%

NET TANGIBLE ASSET BACKING 67cps (previous 39cps)
current sp 28c

Net Profit before non cash items DOWN 7%

Overall a pretty solid result remembering we are yet to realise the benefit of several successful wells that have hit significant targets which will turn around that oil production figure. Shows the resilience of the business model imo

NTA is a figure that deserves attention imo 67 cps

costs of production very low at $15 boe
reduced exploration expenses going forward with a view to further debt reduction
Strategic review being considered by board atm, hope to see positive outcomes from this