|Elk Petroleum Limited -- Australia Stock|| |
AUD 0.093 0.002 2.11%
Mr. Timothy James Hargreaves was appointed as NonExecutive Director of Elk Petroleum Limited., with effect from 12 May 2015. Mr Hargreaves has over 35 years experience in technical and managerial roles in the petroleum and mining sectors in Asia and the Middle East for major companies including BHP, Fletcher Challenge and Union Texas Petroleum as well as start ups and small to midsized independents. He has led successful exploration and commercialisation campaigns in Pakistan and Egypt, which were dependent upon technical and commercial innovation in complex regulatory environments. Since 2009 he was Research Director of Resources for Republic Investment Management, manager of a Singaporebased investment fund, which is a major investor in ELK and the major participant in the Convertible Secured Loan Facility for funds recently raised by the Company and, until recently, he was a Director of The Environmental Group Limited .
Age: 63 Director Since 2015
61 2 9093 5400 http://www.elkpet.com
The company has return on total asset (ROA)
of (5.75) %
which means that it has lost $5.75 on every $100 spent on asset. This is way below average. Similarly, it shows return on equity (ROE)
of (43.37) %
meaning that it generated substantial loss on money invested by shareholders.
The company has accumulated 66.18 M in total debt with debt to equity ratio (D/E) of 322.7 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Elk Petroleum Limited has Current Ratio of 0.85 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
Elk Petroleum Limited develops and produces oil and gas in the United States. The company owns a 49 percent interest in the Grieve Field project located in Wyoming, the United States a 14 percent non-operating working interest in the Madden gas field and the Lost Cabin gas plant, and associated gas gathering pipeline systems located in Natrona and Freemont counties, Wyoming and interest in Singleton oil field located in Banner County, Nebraska. Elk Petroleum operates under Independent Oil Gas classification in Australia and traded on Australian Securities Exchange.Elk Petroleum Limited (ELK) is traded on Australian Securities Exchange in Australia. It is located in Exchange House and employs 5 people.