Empire Oil & Gas NL reported audited consolidated earnings results for the year ended June 30, 2015. For the year, the company reported sale of condensate and gas of AUD 19,095,904 compared to AUD 12,376,374 a year ago. Operating profit was AUD 2,650,989 compared to operating loss of AUD 2,165,906 a year ago.

Profit before income tax was AUD 2,332,671 compared to loss before income tax of AUD 2,271,416 a year ago. Profit attributable to equity holders of the parent was AUD 7,601,837 or 0.10 cents per basic and diluted share compared to loss attributable to equity holders of the parent of AUD 2,274,432 or 0.04 cents per basic and diluted share a year ago. Net cash flows used in operations were AUD 2,566,157 compared to AUD 5,841,501 a year ago.

Purchase of property, plant and equipment was AUD 105,926 compared to AUD 124,087 a year ago. Oil and gas property expenditure was AUD 1,349,733 compared to AUD 2,773,669 a year ago.