The company posted a loss of nearly A$8.1 million (US$5.8 million) for the 12 months to 30 June, sliding from a profit of A$41.9 million a year earlier.
Hitting results in the recent financial year was A$51.9 million in non-cash asset impairments following the collapse in oil prices since mid-2014.
Oil prices in the 2015 financial year averaged A$89.50 per barrel, down from the previous year's average of A$125.50