OIL BASINS LIMITED (OBL)



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General Information
Company Name: Oil Basins Limited
Stock Code: OBL
Website: www.oilbasins.com.au
GICS Sub-Industry: Oil & Gas Exploration & Production
Market Cap ($M): 10
Equiv. Shares (M): 589

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 0.017 $ 0.017 $ 0.017 $ 0.017 $ 0.016 128,235 $ 0.001  6.250 %

Company Overview

Business Description:
Oil Basins Limited (OBL) is an oil and gas company with a portfolio of conventional oil and gas, coal seam gas and unconventional shale gas exploration projects in hydrocarbon addresses in offshore Gippsland and Carnarvon Basins and the onshore Canning Basin, Australia.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A -1.6 -0.3 -- 0.0 0.0 0.0 --
2011  A -1.1 -0.5 -- 0.0 0.0 0.0 --
2010  A -0.8 -0.6 -- 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
Beach Energy (BPT) $1,534 M 0.7828 -0.2483 0.1432 11.4259 15.2010 13.2967 0.0186 0.0186 0.0186
Oil Basins (OBL) $9 M -- -- -- -- -- -- 0.0000 -- --
Oil Search (OSH) $10,841 M -0.3691 0.0607 1.8198 73.2790 69.0863 24.5003 0.0048 0.0050 0.0050
Santos (STO) $12,401 M -0.1141 0.3991 0.2473 28.5587 20.4127 16.3655 0.0233 0.0233 0.0233
Woodside Petroleum (WPL) $30,872 M 0.1834 0.0140 0.1160 15.3811 15.1682 13.5914 0.0334 0.0530 0.0588

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
OBL -- -- 0.68 -- --
Market 1.08 12.7 0.89 1.87 2.60
Sector 1.36 15.1 0.77 2.18 5.20

Directors
Name Position Start Date
Mr Neil Francis Doyle Chief Executive Officer,Executive Director 10 May 2006
Mr Kim Warren McGrath Executive Chairman 10 May 2006
Mr Nigel William Robert Harvey Non-Executive Director 02 July 2009

Management
Name Position
Melanie Jaye Leydin Company Secretary
Justin Mouchacca Company Secretary
Geoff Geary Consultant Petroleum Geologist

Calendar of Events
Date Event
29 April 2014 Report (Quarterly)
30 January 2014 Report (Quarterly)
30 October 2013 Report (Quarterly)
29 October 2013 Report (Annual)
24 September 2013 Report (Annual)
24 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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