Empire Oil & Gas NL reported unaudited interim earnings results for the six months ended December 31, 2016. For the six months, the company’s total reported revenue for the period was AUD 8.7 million compared to AUD 10.5 million a year ago, primarily due to lower gas nominations from Alcoa, and the predicted decline in the condensate-gas-ratio over the half-year period. The decrease in profit due to the decline in sales was mitigated by the robust cost reduction initiatives at Red Gully including the revised operations and maintenance contract implemented by Empire during the period. EBITDAX was AUD 4,035,000 compared to AUD 5,341,000 a year ago. EBITDA was AUD 4,035,000 compared to AUD 5,341,000 a year ago. EBIT was AUD 932,000 compared to AUD 1,611,000 a year ago. Profit of the group before income tax was AUD 650,000 compared to AUD 1,662,000 a year ago. Profit of the group after income tax was AUD 384,000 compared to AUD 1,154,000 a year ago.