Last €0.0010 EUR
Change Today 0.00 / 0.00%
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As of 2:03 AM 11/26/14 All times are local (Market data is delayed by at least 15 minutes).

kea petroleum plc (K7P) Snapshot

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52 Week High
07/1/14 - €0.03
52 Week Low
02/17/14 - €0.0010
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kea petroleum plc (K7P) Details

Kea Petroleum plc engages in the exploration and production of oil and gas in New Zealand. The company holds interests in various petroleum exploration permits (PEP), including the PEP 51153 that covers an area of 210.8 square kilometers; the PEP 51155; the PEP 381204, which covers an area of 252.25 square kilometers; and the PEP 52333 covering an area of 232.5 square kilometers located on the Taranaki basin of New Zealand. Kea Petroleum plc was incorporated in 2009 and is based in London, the United Kingdom.

10 Employees
Last Reported Date: 11/5/14
Founded in 2009

kea petroleum plc (K7P) Top Compensated Officers

Finance Director and Executive Director
Total Annual Compensation: 159.0K GBP
Executive Director and Member of Audit Commit...
Total Annual Compensation: 44.0K GBP
Compensation as of Fiscal Year 2014.

kea petroleum plc (K7P) Key Developments

Kea Petroleum Proposes Amendment to Articles

Kea Petroleum PLC announced that in connection with the proposed reorganisation, the company also proposes to amend its Articles to include the rights and restrictions attaching to the Deferred Shares.

Kea Petroleum PLC Auditor Raises 'Going Concern' Doubt

Kea Petroleum PLC filed its Annual on Nov 05, 2014 for the period ending May 31, 2014. In this report its auditor, Grant Thornton, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Kea Petroleum PLC Announces Preliminary Consolidated Results for the Full Year Ended May 31, 2014

Kea Petroleum PLC announced preliminary consolidated results for the full year ended May 31, 2014. For the year, the company reported revenue of GBP 2,087,000 against GBP 829,000 a year ago, as a result of sales of hydrocarbons associated with the production from both Puka 1 and Puka 2. Operating loss was GBP 3,453,000 against GBP 9,369,000 a year ago. Loss before tax was GBP 3,819,000 against GBP 9,351,000 a year ago. Loss for the year was GBP 3,819,000 against GBP 9,351,000 a year ago. Loss per basic and diluted share was 0.54 pence against 1.59 pence a year ago. Net cash outflow from operating activities was GBP 2,852,000 against GBP 1,502,000 a year ago. Expenditure on oil and gas exploration assets was GBP 49,000 against GBP 8,025,000 a year ago. Expenditure on production and development assets was GBP 649,000 against GBP 6,997,000 a year ago. Purchase of property, plant and equipment was GBP 628,000 against GBP 169,000 a year ago.


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