The company made A$94.9 million (US$88 million) in revenue during the March quarter, the second-highest on record and well up on the A$22.9 million in revenue generated in the first quarter of 2013.

However, revenue decreased from the record high achieved in previous quarter by 16% as output slipped from the company's oil and wet gas projects in the Cooper basin, while lower commodity prices also hit earnings.

Total