HAWKLEY OIL AND GAS LIMITED (HOG)



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General Information
Company Name: Hawkley Oil and Gas Limited
Stock Code: HOG
Website: www.hawkleyoilandgas.com
GICS Sub-Industry: Oil & Gas Drilling
Market Cap ($M): 18
Equiv. Shares (M): 287

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 0.058 $ 0.061 $ 0.062 $ 0.058 $ 0.061 222,000 $ -0.003  -4.918 %

Company Overview

Business Description:
Hawkley Oil and Gas Limited (HOG, formerly Incitive Limited) is an upstream company focused on exploration and exploitation of undeveloped discoveries in the Dneiper-Donets Basin in Ukraine. HOG owns and operates 100% a production license in Sorochynska and an exploration license in Chernetska.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A 6.8 2.4 -- 9.4 0.0 0.0 --
2011  A -1.4 -0.6 -- 0.0 0.0 0.0 --
2010  A -2.0 -1.3 -- 0.0 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2010 A 2011 F 2012 F 2010 A 2011 F 2012 F 2010 A 2011 F 2012 F
Hawkley (HOG) $18 M -- -- -- 2.5738 -- -- 0.0000 -- --
Horizon Oil (HZN) $477 M -0.7700 0.1515 4.5789 63.6364 55.2632 9.9057 0.0000 0.0000 0.0000
Paladin Energy (PDN) $787 M -- -- -- -- -- 14.0930 0.0000 0.0000 0.0000

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
HOG 0.20 2.57 0.53 -- 0.64
Market 1.11 13.3 0.91 2.51 2.66
Sector 1.33 15.6 0.77 1.78 5.28

Directors
Name Position Start Date
Mr Richard Ian Reavley Chief Executive Officer,Executive Director 24 February 2012
Mr Glenn Robert Featherby Executive Chairman 24 February 2012
Mr David Noel Riekie Non-Executive Director 22 June 2010
Mr Graham Lyon Non-Executive Director 30 August 2012
Lord Richard Risby Non-Executive Director 30 August 2012

Management
Name Position
Murray Wylie Company Secretary
Viktor Dmitriyev President of Prime Gas LLC

Substantial Shareholders
Holding Name
39,141,587 (13.64%) Citicorp Nominees Pty Limited
25,520,819 (8.89%) Acetone Limited
25,977,493 (9.05%) Avenger Investment Holdings Limited

Calendar of Events
Date Event
29 April 2014 Report (Quarterly)
30 January 2014 Report (Quarterly)
30 October 2013 Report (Quarterly)
26 September 2013 Report (Annual)
30 July 2013 Report (Quarterly)
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.asp.

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