HYDROCARB ENERGY CORP Changes in Future Income Tax Expense Estimates on Future Cash Flows Related to Proved Oil and Gas Reserves

HYDROCARB ENERGY CORP Changes in Future Income Tax Expense Estimates on Future Cash Flows Related to Proved Oil and Gas Reserves

HYDROCARB ENERGY CORP reported Changes in Future Income Tax Expense Estimates on Future Cash Flows Related to Proved Oil and Gas Reserves of -$2.44 million for the 12-month period ending 2015-07-31, per its 10-K filed 2015-11-16.

Discontinued › Notes › Income Taxes

us-gaap:IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves · last filed 2015-11-16

• HYDROCARB ENERGY CORP changes in future income tax expense estimates on future cash flows related to proved oil and gas reserves for fiscal 2015 was -$2.44M.
• HYDROCARB ENERGY CORP changes in future income tax expense estimates on future cash flows related to proved oil and gas reserves for fiscal 2014 was -$9.69M, a 165.92% decline from fiscal 2013.
• HYDROCARB ENERGY CORP changes in future income tax expense estimates on future cash flows related to proved oil and gas reserves for fiscal 2013 was $14.71M, a 1013.68% increase from fiscal 2012.
• HYDROCARB ENERGY CORP changes in future income tax expense estimates on future cash flows related to proved oil and gas reserves for fiscal 2012 was $1.32M.