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August 31, 2015 2:50 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Nexus Energy Limited

Company Overview

Nexus Energy Limited is engaged in the exploration, development, and production of oil and gas in Australia. It primarily has interests in the Longtom gas project comprising production license VIC/L29 in the Gippsland Basin, Victoria; and the Crux development project, including petroleum retention lease AC/RL9 in the East Browse Basin, off the coast of North Western Australia. It also has interests in Echuca Shoals Petroleum Exploration Permit WA-377-P located in the Central Browse Basin; and petroleum exploration permit VIC/P54 project located in the Gippsland Basin, Victoria. The company is based in Melbourne, Australia. As of December 31, 2014, Nexus Energy Limited operates as a subsidiar...

530 Collins Street

Level 23

Melbourne, VIC 3000

Australia

Phone:

61 3 9660 2500

Fax:

61 3 9654 9303

Key Executives for Nexus Energy Limited

Chief Executive Officer, Managing Director and Director
Chief Financial Officer and Company Secretary
Development Manager
Exploration Manager
Executive Assistant to Chief Executive Officer
Compensation as of Fiscal Year 2015.

Nexus Energy Limited Key Developments

Nexus Energy Limited Announces Unaudited Earnings Results for the Six Months Ended December 31, 2014

Nexus Energy Limited announced unaudited earnings results for the six months ended December 31, 2014. For the period, sales to external customers were AUD 5.16 million, EBITDA was AUD 3.95 million, EBIT was AUD 2.33 million and capital expenditure was AUD 6.16 million.

Nexus Energy Limited Announces Board Changes

Nexus Energy Limited announced the resignations of Mr. Symon Drake-Brockman and Mr. John Hartwell as non-executive directors and the appointment of Mr. Richard Richards as a non-executive director with immediate effect.

Nexus Energy Limited Reports Unaudited Earnings Results for the Fiscal Year of 2014

Nexus Energy Limited reported unaudited earnings results for the fiscal year of 2014. For the period, the company’s revenue was AUD 54.0 million compared to AUD 52.0 million a year ago. EBITDA before non-recurring items was AUD 12.9 million compared to AUD 13.9 million a year ago. LBIT before non-recurring items was AUD 5.0 million compared to EBIT before non-recurring items of AUD 1.2 million a year ago. Loss before tax and non-recurring items was AUD 36.9 million compared to AUD 26.3 million a year ago. Loss before tax was AUD 59.4 million compared to profit before tax of AUD 28.8 million a year ago. The result for fiscal 214 reflected an impairment charge related to Longtom of AUD 22.2 million (which was recognised in the results for the six months ended December 31, 2013).

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To contact Nexus Energy Limited, please visit www.nexusenergy.com.au. Company data is provided by Capital IQ. Please use this form to report any data issues.

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