Abilene Oil and Gas Limited announced consolidated earnings results for the half-year ended December 31, 2015. For the period the company reported the company reported revenue of AUD 236,096 against AUD 142,201 for the same period last year. Loss before income tax was AUD 368,817 against AUD 1,578,243 for the same period last year.

Loss after tax for the period attributable to the owners of the company was AUD 368,817 or AUD 0.10 per share against AUD 1,578,243 or AUD 2.67 per share for the same period last year. Net cash used in operating activities was AUD 9,676 against AUD 365,225 for the same period last year. Payments for exploration assets was AUD 421,855 compared to AUD 225,707 a year ago.