Border Petroleum Limited reported audited earnings and operating results for the year ended March 31, 2016. For the year, the company reported negative funds flow from operations CAD 562,745 or CAD 0.01 per basic and diluted share against CAD 785,558 or CAD 0.02 per basic and diluted share a year ago. Net loss was CAD 4,605,041 or CAD 0.07 per basic and diluted share against CAD 2,301,188 or CAD 0.04 per basic and diluted share a year ago. Capital expenditures, including decommissioning liabilities were CAD 29,485 against CAD 6,249,498 a year ago.

For the year, the company's oil and liquids production was 42 bbls/d, natural gas production was 321 mcf/d and oil equivalent production was 95 boe/d compared to oil and liquids production was 54 bbls/d, natural gas production was 308 mcf/d and oil equivalent production was 105 boe/d for the same period a year ago.