Empire Oil & Gas NL reported audited consolidated earnings results for the year ended June 30, 2016. For the year, the company reported sale of condensate and gas of AUD 19,956,825 compared to AUD 19,095,904 a year ago. Operating loss was AUD 4,668,158 compared to operating profit of AUD 2,650,989 a year ago. Loss before income tax was AUD 4,638,301 compared to profit before income tax of AUD 2,332,671 a year ago. Loss attributable to equity holders of the parent was AUD 3,288,431 or 3.22 cents per basic and diluted share compared to profit attributable to equity holders of the parent of AUD 7,601,837 or 10.37 cents per basic and diluted share a year ago. Net cash flows from operations were AUD 7,072,216 compared to net cash used in operations of AUD 2,566,157 a year ago. Purchase of property, plant and equipment was AUD 418,015 compared to AUD 105,926 a year ago. Oil and gas property expenditure was AUD 349,898 compared to AUD 1,349,733 a year ago.