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peak oil & gas ltd (RJS) Snapshot

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08/5/14 - €0.04
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peak oil & gas ltd (RJS) Details

Peak Oil & Gas Limited is engaged in the exploration and development of oil and gas properties in the Philippines, Indonesia, Thailand, New Zealand, and Australia. The company holds interests in the Cadlao Oil Field redevelopment project and SC6B Bonita block located in the Philippines; and South Block A, an under-explored petroleum exploration concession located in Northern Sumatra, Indonesia. It also holds interests in Sunday Creek uranium project located in the Rudall River region of Western Australia. The company was formerly known as Raisama Energy Limited. Peak Oil & Gas Limited is based in West Perth, Australia.

peak oil & gas ltd (RJS) Top Compensated Officers

Managing Director and Director
Total Annual Compensation: A$154.8K
Technical Director and Executive Director
Total Annual Compensation: A$152.8K
Company Secretary
Total Annual Compensation: A$22.1K
Compensation as of Fiscal Year 2013.

peak oil & gas ltd (RJS) Key Developments

Peak Oil & Gas Ltd Secures Loan Facility Executed with Octanex

Peak Oil & Gas Ltd. and Octanex have entered into a loan agreement with associated security documentation, whereby Octanex will fund Peak's budgeted outgoings until the end of this calendar year. The loan will enable Peak to complete the South Block A seismic program in North Sumatra and to fund the initial costs of preparation for a well, targeting oil, later this year.

Peak Oil & Gas Limited Reports Consolidated Earnings Results for the Half Year Ended 31 December 2013

Peak Oil & Gas Limited reported consolidated earnings results for the half year ended 31 December 2013. For the period, the company reported revenue from ordinary operations of AUD 198,195 compared to AUD 82,797 for the last year. Loss before income tax expense was AUD 8,704,313 compared to AUD 983,137 for the last year. Net loss for the half-year was AUD 8,704,313 or 1.79 cents per basic share compared to AUD 983,137 or 0.31 cents per basic share for the last year. Net cash outflow from operating activities was AUD 640,731 compared to AUD 621,450 for the last year. Purchase of plant and equipment was AUD 2,964 compared to AUD 2,920 for the last year.

Peak Oil & Gas Limited, Annual General Meeting, Nov 29, 2013

Peak Oil & Gas Limited, Annual General Meeting, Nov 29, 2013., at 10:00 W. Australia Standard Time. Location: 16 Ord Street West Perth.


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