6-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of: MAY 2020.

Commission file number: 0-17863

CONTINENTAL ENERGY CORPORATION

(Translation of registrant’s name into English)

1500 - 1055 West Georgia Street, Vancouver, British Columbia, V6E 4N7, Canada

(Address of registered office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F_XX_ or Form 40-F___.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____.

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____.

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

This Form-6K filing is made to mirror similar filings made by the Registrant on SEDAR in Canada in accordance with its Canadian Securities Administrators National Instrument NI-51-102 Continuous Disclosure Obligations. This Form 6-K filing includes the attached exhibits as follows:

99.01CPPXF_2020_Q1_Interim_FQE_Fin-Statements 

99.02CPPXF_2020_Q1_Interim_FQE_MD&A 

99.03CPPXF_2020_Q1_Interim_NI52109FV2_Cert_CEO 

99.04CPPXF_2020_Q1_Interim_NI52109FV2_Cert_CFO 

99.05CPPXF_2020_Q1_Interim_News_CEC_Posts_Quarterly_Results 

Complete copies of the Company's interim quarterly reports for the first fiscal quarter ended 30 September 2019 of the fiscal year ending 30 June 2020, as filed with Canadian regulators on SEDAR on 28 November 2019 in the Company's home jurisdiction. Those SEDAR filings are incorporated by this reference and made a part of this Form-6K filing.

99.06CPPXF_2020_Q2_Interim_FQE_Fin-Statements 

99.07CPPXF_2020_Q2_Interim_FQE_MD&A 

99.08CPPXF_2020_Q2_Interim_NI52109FV2_Cert_CEO 

99.09CPPXF_2020_Q2_Interim_NI52109FV2_Cert_CFO 

99.10CPPXF_2020_Q2_Interim_News_CEC_Posts_Quarterly_Results 

Complete copies of the Company's interim quarterly reports for the second fiscal quarter ended 31 December 2019 of the fiscal year ending 30 June 2020, as filed with Canadian regulators on SEDAR on 27 February 2020 in the Company's home jurisdiction. Those SEDAR filings are incorporated by this reference and made a part of this Form-6K filing.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

CONTINENTAL ENERGY CORPORATION (Registrant)

Date: 4 JUNE 2020

//signed// 

_______________________________

By: Richard L. McAdoo

Chairman and CEO

EX-99.01

CONTINENTAL ENERGY CORPORATION

INTERIM FINANCIAL STATEMENTS

30 SEPTEMBER 2019

Expressed in U.S. Dollars

(Unaudited – Prepared by Management)

INTERIM FINANCIAL STATEMENTS

The financial statements included herein are management prepared, unaudited, condensed, consolidated, interim financial statements and are hereinafter referred to as the "Interim Financial Statements". These Interim Financial Statements are filed on SEDAR concurrently with Management's Discussion and Analysis ("MD&A") of the results for the same period, and may be read in conjunction with the MD&A.

NOTICE OF NO AUDITOR REVIEW

In accordance with National Instrument 51-102 Part 4, subsection 4.3(3)(a), if an auditor has not performed a review of our Interim Financial Statements, then such statements must be accompanied by a notice indicating that they have not been reviewed by an auditor.

Neither the accompanying Interim Financial Statements as presented herein nor the accompanying MD&A have been reviewed by our auditors. Both the Interim Financial Statements and the MD&A have been prepared by and are the responsibility of the management of Continental Energy Corporation.

Continental Energy Corporation

Financial Statements

(Unaudited – Prepared by Management and expressed in US Dollars)

STATEMENTS OF FINANCIAL POSITION

ASSETS	Note	30 September 2019	30 June 2019
Current		$	$
Cash		18,491	66,125
Receivables		1,050	9,818
Prepaid expenses and deposits		22,427	26,673
		41,968	102,616
LIABILITIES
Current
Accounts payable and accrued liabilities	7	352,503	332,639
Loans from related parties	7	87,500	87,500
		440,003	420,139
Non-current assets
Promissory notes	5	83,088	81,513
		523,091	501,652
DEFICIENCY
Share capital	6	18,238,161	18,238,161
Share-based payment and other reserve	6	10,587,676	10,535,182
Deficit		(29,306,960)	(29,172,379)
		(481,123)	(399,036)
		41,968	102,616

Nature of Operations and Going Concern (Note 1)

Subsequent Events (Note 10)

ON BEHALF OF THE BOARD:

“Richard L. McAdoo”, Director & CEO

“Phillip B. Garrison”, Director & Acting CFO

Continental Energy Corporation

Financial Statements

(Unaudited – Prepared by Management and expressed in US Dollars)

STATEMENTS OF LOSS AND COMPREHENSIVE LOSS

		For the Three Months Ended	For the Three Months Ended
	Note	30 September 2018	30 September 2017
EXPENSES		$	$
Corporate administrative and office costs		13,574	20,094
Depreciation		-	-
Engineering and technical services		212	-
Interest	5	1,642	10,916
Management and employee salaries	7	41,952	18,336
Professional fees		19,449	4,635
Regulatory compliance and filing fees		3,000	-
Share-based payments		52,495	-
Travel and accommodation		1,271	2,112
		(133,595)	(56,093)
Other income (expenses)
Foreign exchange		(990)	(2,934)
Financing cost		-	-
Settlement of debt	6	-	5,250
Transaction cost		-	-
Net loss and comprehensive loss for the period		(134,585)	(53,777)
Loss Per Share – Basic and Diluted		0.00	(0.00)
Weighted Average Number of Shares		174,715,381	163,684,947

Continental Energy Corporation

Financial Statements

(Unaudited – Prepared by Management and expressed in US Dollars)

STATEMENTS OF CASH FLOWS

		For the Three Months Ended	For the Three Months Ended
Cash Resources Provided By (Used In)	Note	30 September 2019	30 September 2018
Operating Activities		$	$
Loss for the period		(134,585)	(53,777)
Items not affecting cash
Depreciation		-	-
Interest on promissory notes	5	1,578	10,616
Settlement of debt	6	-	(5,250)
Financing cost		-	-
Share-based payments		52,495	-
Transaction cost		-	-
Changes in non-cash working capital
Receivables		8,768	(401)
Prepaid expenses and deposits		4,246	(7,590)
Accounts payable and accrued liabilities		19,864	(49,009)
		(47,634)	(105,411)
Financing Activities
Private placements	6	-	350,000
Promissory note principal repayment	5	-	-
Interest paid on promissory notes	5	-	-
Proceeds from exercise of warrants		-	-
Proceeds from (repayment of) loans from related parties		-	-
		-	350,000
Change in cash		(47,634)	244,589
Cash Position – Beginning of Period		66,125	30,887
Cash Position – End of Period		18,491	275,476

Supplemental cash flow information (Note 8)

Continental Energy Corporation

Financial Statements

(Unaudited – Prepared by Management and expressed in US Dollars)

STATEMENTS OF CHANGES IN DEFICIENCY

				Reserve for	Reserve for
		Share Capital	Share Capital	Share-Based	Conversion
		Number	Amount	Payments	Rights	Deficit	Total
	Note	Of Shares	$	$	$	$	$
Balance on 30 June 2018		163,365,381	17,841,522	10,277,321	-	(28,655,519)	(536,676)
Private placement – cash	6	7,000,000	228,545	121,455	-	-	350,000
Settlement of debt	6	350,000	12,250	-	-	-	12,250
Share-based payments	6	-	-	-	-	-	-
Loss for the period		-	-	-	-	(53,777)	(53,777)
Balance on 30 September 2018		170,715,381	18,082,317	10,398,317	-	(28,709,296)	(228,203)
Balance on 30 June 2019		174,715,381	18,238,161	10,535,182	-	(29,172,379)	(399,036)
Private placement – cash	6	-	-	-	-	-	-
Settlement of debt	6	-	-	-	-	-	-
Share-based payments	6	-	-	52,495	-	-	52,495
Loss for the period		-	-	-	-	(134,585)	(134,585)
Balance on 30 September 2019		174,715,381	18,238,161	10,587,677	-	(29,306,964)	(481,126)

1.Nature of Operations and Going Concern 

Continental Energy Corporation (“Continental” or the “Company”) is incorporated under the laws of the Province of British Columbia, Canada. The Company’s registered address and records office is 1500-1055 West Georgia Street, Vancouver, British Columbia, Canada V6E 4N7.

The Company is a developer of modular, small-scale crude oil refineries that are co-located with smaller and/or stranded oil and gas producing fields. Each refinery will be designed to refine high demand motor fuels for supply to underserved local markets in the Republic of Indonesia. The Company operates its primary business activities through two subsidiaries in Indonesia. Each of these subsidiaries has received the necessary investment licenses to permit foreign direct investment in Indonesia and one has received the required licenses from the Indonesian Ministry of Mines and Energy to build, own, and operate a petroleum refining business. The Company is now working towards securing financing to begin construction.

These Interim Financial Statements have been prepared on the basis of accounting principles applicable to a going concern, which assumes that the Company will continue in operation for the foreseeable future and will be able to realize its assets and discharge its liabilities in the normal course of operations. The Company is a development stage company and has incurred operating losses over the past several fiscal years and has no current source of operating cash flows. The Company’s ability to continue as a going concern is dependent upon its ability to obtain the financing necessary to acquire and develop its projects as well as fund ongoing administration expenses. There are no assurances that sufficient funding will be available.

Management intends to obtain additional funding primarily by issuing common and preferred shares in private placements, and/or by joining with strategic partners and joint venture partners in its refinery developments. There can be no assurance that management’s future financing actions will be successful. Management is not able to assess the likelihood or timing of raising capital for future expenditures or acquisitions.

These uncertainties indicate the existence of material uncertainty that casts substantial doubt on the Company’s ability to continue as a going concern in the future. If the going concern assumption were not appropriate for these Interim Financial Statements, liquidation accounting would apply, and adjustments would be necessary to the carrying values and classification of assets, liabilities, the reported income and expenses, and such adjustments could be material.  

2.Basis of Preparation and Consolidation 

These consolidated Interim Financial Statements have been prepared in accordance with International Accounting Standards (“IAS”) 34, Interim Financial Reporting, and are based on the principles of International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board and interpretations thereof made by the International Financial Reporting Interpretations Committee ("IFRIC").

The Company’s Board of Directors has delegated the responsibility and authority to its Audit Committee for approving interim quarterly financial statements and the companion Management Discussion and Analysis ("MD&A"). The Audit Committee approved these consolidated Interim Financial Statements and MD&A on 28 November 2019.

These Interim Financial Statements are consolidated financial statements and include the financial statements of the Company and the corporate entities controlled by the Company. Control exists when the Company has the power, directly or indirectly, to govern the financial and operating policies of an entity so as to obtain benefits from its activities. The financial statements of subsidiaries are included in the consolidated financial statements from the date that control commences until the date that control ceases. All intercompany transactions and balances have been eliminated.

These consolidated Interim Financial Statements include the accounts of the Company and its two Indonesian operating subsidiaries, both of which are limited liability companies incorporated in 2017 under the foreign direct ownership of companies laws of the Republic of Indonesia:

·PT Continental Hilir Indonesia ("PT-CHI"), 100% owned and controlled by Continental. 

·PT Kilang Kaltim Continental ("PT-KKC"), 100% owned and controlled by Continental. 

These consolidated Interim Financial Statements have been prepared on a historical cost basis and presented in United States (“US”) dollars, the functional currency of the Company and its subsidiaries, except when otherwise indicated. In addition, these consolidated financial statements have been prepared using the accrual basis of accounting.

These consolidated Interim Financial Statements may be read in conjunction with the consolidated annual audited financial statements for the Company's most recently completed fiscal year ended 30 June 2019. The annual statements were also prepared in accordance with the same methods of application as described in this Section-2, but the notes to the annual statements published at the end of each fiscal year include additional and more detailed disclosure and description of Significant Accounting Policies, Significant Accounting Estimates and Judgments, Capital Management Policies, and Financial Risk Management Policies utilized by the Company in preparation of its financial statements.

3.Significant Accounting Estimates and Judgments  

The preparation of these Interim Financial Statements in accordance with IFRS requires that the Company’s management make judgments and estimates and form assumptions that affect the amounts in the financial statements and related notes to those financial statements. Actual results could differ from those estimates. Judgments, estimates and assumptions are reviewed on an ongoing basis based on historical experience and other factors that are considered to be relevant under the circumstances. Revisions to judgments, estimates and assumptions are accounted for prospectively.

In preparing these Interim Financial Statements, the significant judgments made by management in applying the Company’s accounting policies and the key sources of estimation uncertainty were the same as those applied to the audited financial statements for the last fiscal year ended 30 June 2019.

4.Recent Accounting Pronouncements and Adoption of New Standards 

Certain new standards, interpretations, amendments and improvements to existing standards are from time to time issued by the IASB or the IFRIC.

IFRS 9 Financial Instruments

The Company adopted IFRS 9 on 1 July 2018. This standard and its consequential amendments have replaced IAS 39 Financial Instruments: Recognition and Measurement.  IFRS 9 uses a single approach to determine whether a financial asset is measured at amortized cost or fair value, replacing the multiple rules in IAS 39.  The approach in IFRS 9 is based on how an entity manages its financial instruments in the context of its business model and the contractual cash flow characteristics of the financial assets.  Most of the requirements in IAS 39 for classification and measurement of financial liabilities were carried forward unchanged to IFRS 9, except that an entity choosing to measure a financial liability at fair value will present the portion of any change in its fair value due to changes in the entity’s own credit risk in other comprehensive income, rather than within profit or loss.  The new standard also requires a single impairment method to be used, replacing the multiple impairment methods in IAS 39.

Due to the nature of the Company’s financial instruments, i.e. cash being the only financial asset and the loan from a related party and other accounts payable being the only financial liabilities, the adoption of the standard did not have any impact on the Company’s financial statements. The classification and measurement of the Company’s financial instruments under IAS 39 and the new measurement categories under IFRS 9 are described below:

	Measurement Category
	Original (IAS 39)	New (IFRS 9)
Financial Assets:
Cash	Amortized cost	Amortized cost
Financial Liabilities:
Accounts payable and accrued liabilities	Amortized cost	Amortized cost
Loans from related parties	Amortized cost	Amortized cost
Promissory notes	N/A	Amortized cost

IFRS 16, Leases

The Company adopted IFRS 16 on 1 July 2019. This standard and its consequential amendments have replaced IAS 17 – Leases and its associated interpretative guidance.  IFRS 16 applies a control model to the identification of leases, distinguishing between a lease and a service contract on the basis of whether the customer controls the asset being leased.  For those assets determined to meet the definition of a lease, IFRS 16 introduces significant changes to the accounting by lessees, introducing a single, on-balance sheet accounting model that is similar to current finance lease accounting, with limited exceptions for short-term leases or leases of low value assets.  Lessor accounting remains similar to current accounting practice.  IFRS 16 is effective for annual periods beginning on or after January 1, 2019. The Company anticipates the adoption of IFRS 16 on will not have a material impact on the results and financial position of the Company. Except for a short term lease on its interim office in Jakarta (approximately $1,150 per month), the Company does not have any other material leasing arrangements.

IFRIC 23, Uncertainty over Income Tax Treatment

The interpretation addresses the accounting for income taxes when tax treatments involve uncertainty. It specifically addresses the following:

·Whether an entity considers uncertain tax treatments separately; 

·The assumptions an entity makes about the examination of tax treatments by taxation authorities; 

·How an entity determines taxable profit or loss, tax bases, unused tax losses, unused tax credits, and tax rates; and 

·How an entity considers changes in facts and circumstances. 

An entity has to determine whether to consider each uncertain tax treatment separately or together with one or more other uncertain tax treatments. The approach that better predicts the resolution of the uncertainty should be followed. The IFRIC 23 interpretation is effective for annual reporting periods beginning on or after 1 January 2019. The Company will apply the interpretation from 1 July 2019 but expects that the interpretation will not have any significant impact on its consolidated financial statements.

5.Promissory Notes 

On 1 September 2018 the Company issued three promissory notes to unrelated arms-length parties for an aggregate principal amount of $100,000 in respect of unpaid accounts payable and accrued liabilities of Continental Hilir Indonesia Pte. Ltd. assumed by the Company during the fiscal year ended 30 June 2018. The notes each have a term of two years and bear non-compounding simple interest at a rate of nine (9%) per year on the unpaid balance commencing from 1 September 2017. A continuity of the promissory notes payable is as follows:

	$
Balance - 30 June 2019	81,513
Issuance of promissory notes	-
Interest	1,575
Repayments	-
Balance - 30 September 2019	83,088

6.Share Capital 

Authorized Share Capital

500,000,000 common shares without par value and without any attached special rights or restrictions.

500,000,000 preferred shares without par value but possibly with certain attached special rights or restrictions.

Shares issued

No new common shares were issued during the three (3) months period and quarter ended 30 September 2019.

Stock options

Stock Option Plan - The Company has an approved incentive stock option plan under which the Board of Directors may, from time to time, grant options to directors, officers, employees or consultants. Options granted must be exercised within a period as determined by the board. Options vest on the grant date unless otherwise determined by the board. The aggregate number of common shares which may be reserved as outstanding options shall not exceed 25,000,000, and the maximum number of options held by any one individual at any one time shall not exceed 7.5% of the total number of the Company's issued and outstanding common shares and 15% of same for all related parties (officers, directors, and insiders) as a group.

A reconciliation of the Company’s stock options outstanding on 30 September 2019 is as follows:

	Number of Options	Weighted Average Exercise Price $ per Share
Outstanding on 30 June 2019	7,500,000	0.05
Granted	5,000,000	0.05
Exercised	-	-
Expired	-	-
Outstanding on 30 September 2019 (Note 10)	12,500,000	0.05

Option Grants - On 30 September 2019, the Company granted a total of 5,000,000 stock options to directors of the Company, with and exercise price of $0.05 and term expiring 30 June 2021.

Fair Value of Option Grants - The fair value of these stock option grants was determined to be $52,495, which was charged to the statement of loss and comprehensive loss as share-based payments expense. The fair value was estimated using the Black-Scholes option pricing model, with the following assumptions: expected dividend yield: 0%, expected stock price volatility: 100%, risk-free interest rate: 1.84%, expected life of options: 1.75 years.

Option Changes - During the three (3) months period and quarter ended 30 September 2019, no stock options expired, none were exercised, and no amendments were made to the terms of any outstanding stock options.

Warrants

Warrants Policy - From time to time the Company may issue warrants to purchase a common share at a fixed price for a fixed period as a performance incentive. Most common are issues of warrants as part of a unit with a common share as an incentive for private placement or similar investors.

A reconciliation of the Company’s common share purchase warrants outstanding is as follows:

	Number of Warrants	Weighted Average Exercise Price $ per Share
Outstanding on 30 June 2019	32,000,000	0.05
Issued	-	-
Exercised	-	-
Expired	-	-
Outstanding on 30 September 2019	32,000,000	0.05

Warrant Issues - No new warrants were issued during the three months period and quarter ended 30 September 2019.

Warrant Changes - During the three (3) months period and quarter ended 30 September 2019, no warrants expired, none were exercised, and no amendments were made to the terms of any outstanding warrants.

Summary - A summary of the Company’s outstanding warrants on 30 September 2019 is as follows:

Number of Warrants	Exercise Price Each	Expiry Date	Underlying Common Shares
14,000,000	$0.05	30 June 2020	14,000,000
1,000,000	$0.05	30 June 2020	1,000,000
6,000,000	$0.05	30 June 2021	6,000,000
7,000,000	$0.05	30 June 2021	7,000,000
4,000,000	$0.05	30 June 2021	4,000,000
32,000,000			32,000,000

7.Related Party Transactions 

Key management personnel of the Company include persons having the authority and responsibility for planning, directing and controlling the activities of the Company as a whole, and includes both the duly appointed senior executive officers of the Company and those of the Company's wholly owned operating subsidiaries, (collectively the "Officers"). Each one of the Officers, together with each member of the Company's board of directors, is considered to be a "related party".

7.1Related Party Balances - As at the end of This Quarter the balances due to related parties, compared to the balance due at the end of the Company's most recently completed fiscal year ended 30 June 2019 ("FYE19"): 

a)an aggregate amount of $246,903 (FYE19 - $228,782) was due and payable to the Company's Officers as accumulated but unpaid salary and fees. These amounts are included in accounts payable and are unsecured and non-interest bearing; and 

b)an aggregate amount of $87,500 (FYE19 - $87,500) was due and payable to the Company's CEO as repayment of accumulated loans made in prior years by the CEO to the Company for assistance with working capital. This loan is interest free with no fixed repayment terms.  

7.2Balance Due Former Related Party - A former CFO of the Company resigned effective 31 December 2017, and accordingly, the Company terminated accrual of salary upon his resignation date and agreed to pay a total amount of $125,000 by end November 2018 to settle all outstanding compensation and amounts due. Commencing from 1 January 2018, the CFO agreed to continue as "Acting CFO" without additional compensation and did so until his replacement as Acting CFO on 7 November 2018. Accordingly, during the current fiscal year ended 30 June 2019, the Company did not pay or accrue salary for the former CFO. On 7 December 2018 the former CFO ceased to be a director and also thereupon ceased to be a related party of the Company. The Company has paid a total of  

$75,000 of the amount due the former CFO by 30 November 2018. At the end of This Quarter, a total remaining balance due the former CFO in the amount of $50,000 is past due and unpaid.

7.3Transactions With Related Parties - During This Quarter the Company issued a total of 5,000,000 incentive stock options to three directors. Each option has an exercise price of US$0.05 and an expiry date of 30 June 2021. 

7.4Compensation Of Key Management Personnel - During This Quarter and the three (3) months ended 30 September 2019: 

a)The Company or its wholly owned subsidiaries paid or accrued salary, fees, or other compensation to the CEO, CEO of a subsidiary, the Acting CFO, and the Vice President in the amounts of $10,607, $10,607, $10,500, and $3,000, respectively (Comparative Quarter ended 30 September 2018 - $nil, $nil, $nil, and $11,533, respectively).  

b)The CEO of the Company voluntarily suspended and terminated payment and accrual of his salary as CEO of the Company effective on 1 July 2017 and continuing until such time as the Company's financial condition permits a resumption and such resumption is approved by the Board of Directors. Consequently, the Company did not directly accrue any salary for the CEO during this Quarter. 

c)The Company's PT Kilang Kaltim Continental ("KKC") subsidiary directly paid or accrued salary compensation for work performed under employment contract in the Jakarta office by two Jakarta resident related parties, the Company's CEO who serves as KKC's commissioner, and an executive director of the Company who separately serves as the CEO of KKC. The amounts so paid or accrued are included in the disclosure in paragraph 7.4a) above. 

8.Supplemental cash flow information 

Non-Cash Investing and Financing Activities	Note	Three Months Ended 30 September 2019 $	Three Months Ended 30 September 2018 $
Conversion of accounts payable into long-term promissory notes		-	100,000
Common shares issued in settlement of accrued and unpaid salaries	7	-	12,250

9.Segmented Information 

The Company currently operates in only one segment which is geographically concentrated within the Republic of Indonesia.

10.Subsequent Events 

No events that would have a material effect upon the business of the Company occurred subsequent to the interim quarter and three (3) months period ended 30 September 2019 and the date of these consolidated Interim Financial Statements.

---oOo---

EX-99.02

CPPXF_2020_Q1_Interim_FQE_MD&A

EX-99.03

Form 52-109FV2

Certification of interim filings

Venture Issuer Basic Certificate

I, Richard L. McAdoo, Chief Executive Officer of Continental Energy Corporation, certify the following:

1.Review: I have reviewed the interim financial report and interim management discussion and analysis (together, the “interim filings”) of Continental Energy Corporation (the “issuer”) for the interim period ended September 30, 2019. 

2.No misrepresentations: Based on my knowledge, having exercised reasonable diligence, the interim filings do not contain any untrue statement of a material fact or omit to state a material fact required to be stated or that is necessary to make a statement not misleading in light of the circumstances under which it was made, for the period covered by the interim filings. 

3.Fair presentation: Based on my knowledge, having exercised reasonable diligence, the interim financial statements together with the other financial information included in the interim filings fairly present in all material respects the financial condition, financial performance and cash flows of the Issuer, as of the date of and for the periods presented in the interim filings 

Date: 28 November 2019

signed // “Richard L. McAdoo”

_________________________

Name:    Richard L. McAdoo

Title:      Chief Executive Officer

NOTE TO READER

In contrast to the certificate required for non-venture issuers under National Instrument 52-109 Certification of Disclosure in Issuers’ Annual and Interim Filings (NI 52-109), this OTC reporting issuer Basic Certificate does not include representations relating to the establishment and maintenance of disclosure controls and procedures (DC&P) and internal control over financial reporting (ICFR), as defined in NI 52-109. In particular, the certifying officers filing this certificate are not making any representations relating to the establishment and maintenance of

i)controls and other procedures designed to provide reasonable assurance that information required to be disclosed by the issuer in its annual filings, interim filings or other reports filed or submitted under securities legislation is recorded, processed, summarized and reported within the time periods specified in securities legislation; and 

ii)a process to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with the issuer’s generally accepted accounting practices. 

The Issuer’s certifying officers are responsible for ensuring that processes are in place to provide them with sufficient knowledge to support the representations they are making in this certificate.  Investors should be aware that inherent limitations on the ability of certifying officers of a venture issuer to design and implement on a cost effective basis DC&P and ICFR as defined in NI 52-109 may result in additional risks to the quality, reliability, transparency and timeliness of interim and annual filings and other reports provided under securities legislation.

EX-99.04

Form 52-109FV2

Certification of interim filings

Venture Issuer Basic Certificate

I, Phillip B. Garrison, Chief Financial Officer of Continental Energy Corporation, certify the following:

1.Review: I have reviewed the interim financial report and interim management discussion and analysis (together, the “interim filings”) of Continental Energy Corporation (the “issuer”) for the interim period ended September 30, 2019. 

2.No misrepresentations: Based on my knowledge, having exercised reasonable diligence, the interim filings do not contain any untrue statement of a material fact or omit to state a material fact required to be stated or that is necessary to make a statement not misleading in light of the circumstances under which it was made, for the period covered by the interim filings. 

3.Fair presentation: Based on my knowledge, having exercised reasonable diligence, the interim financial statements together with the other financial information included in the interim filings fairly present in all material respects the financial condition, financial performance and cash flows of the Issuer, as of the date of and for the periods presented in the interim filings 

Date: 28 November 2019

signed // “Phillip B. Garrison”

_________________________

Name:    Phillip B. Garrison

Title:      Acting and Interim Chief Financial Officer

NOTE TO READER

In contrast to the certificate required for non-venture issuers under National Instrument 52-109 Certification of Disclosure in Issuers’ Annual and Interim Filings (NI 52-109), this OTC reporting issuer Basic Certificate does not include representations relating to the establishment and maintenance of disclosure controls and procedures (DC&P) and internal control over financial reporting (ICFR), as defined in NI 52-109. In particular, the certifying officers filing this certificate are not making any representations relating to the establishment and maintenance of

i)controls and other procedures designed to provide reasonable assurance that information required to be disclosed by the issuer in its annual filings, interim filings or other reports filed or submitted under securities legislation is recorded, processed, summarized and reported within the time periods specified in securities legislation; and 

ii)a process to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with the issuer’s generally accepted accounting practices. 

The issuer’s certifying officers are responsible for ensuring that processes are in place to provide them with sufficient knowledge to support the representations they are making in this certificate.  Investors should be aware that inherent limitations on the ability of certifying officers of a venture issuer to design and implement on a cost effective basis DC&P and ICFR as defined in NI 52-109 may result in additional risks to the quality, reliability, transparency and timeliness of interim and annual filings and other reports provided under securities legislation.

EX-99.05

  NEWS RELEASE OTCQB:CPPXF  

CONTINENTAL POSTS RESULTS FOR FIRST QUARTER FISCAL 2019

Vancouver, B.C., Canada – 9 January 2019 - Continental Energy Corporation (OTCQB: CPPXF) (the “Company”) is an emerging integrator of small scale refinery infrastructure with nearby stranded crude oil production in Indonesia. The Company today announced its financial results for the first quarter of the Company's Fiscal 2019 year that ended on 30 September 2018 (the "Quarter").

Overall, the Company incurred a net loss during the Quarter of $53,777 compared to a loss of $833,318 for the same quarter last year, a reduction of $799,541 attributable largely to costs of the CHI acquisition made during the same quarter last year. The Company incurred a loss per share of $0.00 during the Quarter and $0.01 for the same quarter last year.

The Company’s administrative costs were $45,177 during the Quarter compared to $128,059 during the same quarter last year, a reduction of $82,882 primarily as a result of reduced management and consulting fees. During the Quarter, the Company spent $105,411 on its operations and raised $350,000 from private placements.

Share-based payments expense was $ nil during the Quarter compared to a fair value of $40,800 for incentive stock options issued during the same quarter last year.

Interest expense during the Quarter was $10,916 compared to $8,506 during the same quarter last year, due to conversion of $100,000 of payables into long term promissory notes bearing non-compounding interest at 9% per annum.

At the end of the Quarter, the Company’s Interim Financial Statements reflect a working capital deficiency of $117,587, a decrease of $419,089 from the end of the Company's fiscal year 30 June 2018.

The full text of the Company's interim unaudited and management prepared consolidated financial statements and the accompanying management discussion and analysis for the Quarter are both available for download from the Company's profile on SEDAR at www.sedar.com.

On behalf of the Company,

Byron Tsokas

Vice President of Business Development

Source:  Continental Energy Corporation

Media Contact:   Byron Tsokas, Vice President, (1-403-629-8840) btsokas@continentalenergy.com

Further Information is posted on the Company's website at:  www.continentalenergy.com

No securities regulatory authority has either approved or disapproved the contents of this news release.

Forward Looking Statements - Any statements in this news release that are not historical or factual at the date of this release are forward looking statements. There are many factors which may cause actual performance and results to be substantially different from any plans or objectives described in any forward looking statements. Readers should also refer to the risk disclosures outlined in the Company's regulatory disclosure documents filed with the Securities and Exchange Commission available at www.sec.gov. The Company assumes no obligation to update the information in this release.

EX-99.06

CPPXF_2020_Q2_Interim_FQE_Fin-Statements

EX-99.07

CPPXF_2020_Q2_Interim_FQE_MD&A

EX-99.08

Form 52-109FV2

Certification of interim filings

Venture Issuer Basic Certificate

I, Richard L. McAdoo, Chief Executive Officer of Continental Energy Corporation, certify the following:

1.Review: I have reviewed the interim financial report and interim management discussion and analysis (together, the “interim filings”) of Continental Energy Corporation (the “issuer”) for the interim period ended December 31, 2019. 

2.No misrepresentations: Based on my knowledge, having exercised reasonable diligence, the interim filings do not contain any untrue statement of a material fact or omit to state a material fact required to be stated or that is necessary to make a statement not misleading in light of the circumstances under which it was made, for the period covered by the interim filings. 

3.Fair presentation: Based on my knowledge, having exercised reasonable diligence, the interim financial statements together with the other financial information included in the interim filings fairly present in all material respects the financial condition, financial performance and cash flows of the Issuer, as of the date of and for the periods presented in the interim filings 

Date: 27 February 2020

signed // “Richard L. McAdoo”

_________________________

Name:    Richard L. McAdoo

Title:      Chief Executive Officer

NOTE TO READER

In contrast to the certificate required for non-venture issuers under National Instrument 52-109 Certification of Disclosure in Issuers’ Annual and Interim Filings (NI 52-109), this OTC reporting issuer Basic Certificate does not include representations relating to the establishment and maintenance of disclosure controls and procedures (DC&P) and internal control over financial reporting (ICFR), as defined in NI 52-109. In particular, the certifying officers filing this certificate are not making any representations relating to the establishment and maintenance of

i)controls and other procedures designed to provide reasonable assurance that information required to be disclosed by the issuer in its annual filings, interim filings or other reports filed or submitted under securities legislation is recorded, processed, summarized and reported within the time periods specified in securities legislation; and 

ii)a process to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with the issuer’s generally accepted accounting practices. 

The Issuer’s certifying officers are responsible for ensuring that processes are in place to provide them with sufficient knowledge to support the representations they are making in this certificate.  Investors should be aware that inherent limitations on the ability of certifying officers of a venture issuer to design and implement on a cost effective basis DC&P and ICFR as defined in NI 52-109 may result in additional risks to the quality, reliability, transparency and timeliness of interim and annual filings and other reports provided under securities legislation.

EX-99.09

Form 52-109FV2

Certification of interim filings

Venture Issuer Basic Certificate

I, Phillip B. Garrison, Chief Financial Officer of Continental Energy Corporation, certify the following:

1.Review: I have reviewed the interim financial report and interim management discussion and analysis (together, the “interim filings”) of Continental Energy Corporation (the “issuer”) for the interim period ended December 31, 2019. 

2.No misrepresentations: Based on my knowledge, having exercised reasonable diligence, the interim filings do not contain any untrue statement of a material fact or omit to state a material fact required to be stated or that is necessary to make a statement not misleading in light of the circumstances under which it was made, for the period covered by the interim filings. 

3.Fair presentation: Based on my knowledge, having exercised reasonable diligence, the interim financial statements together with the other financial information included in the interim filings fairly present in all material respects the financial condition, financial performance and cash flows of the Issuer, as of the date of and for the periods presented in the interim filings 

Date: 27 February 2020

signed // “Phillip B. Garrison”

_________________________

Name:    Phillip B. Garrison

Title:      Acting and Interim Chief Financial Officer

NOTE TO READER

In contrast to the certificate required for non-venture issuers under National Instrument 52-109 Certification of Disclosure in Issuers’ Annual and Interim Filings (NI 52-109), this OTC reporting issuer Basic Certificate does not include representations relating to the establishment and maintenance of disclosure controls and procedures (DC&P) and internal control over financial reporting (ICFR), as defined in NI 52-109. In particular, the certifying officers filing this certificate are not making any representations relating to the establishment and maintenance of

i)controls and other procedures designed to provide reasonable assurance that information required to be disclosed by the issuer in its annual filings, interim filings or other reports filed or submitted under securities legislation is recorded, processed, summarized and reported within the time periods specified in securities legislation; and 

ii)a process to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with the issuer’s generally accepted accounting practices. 

The issuer’s certifying officers are responsible for ensuring that processes are in place to provide them with sufficient knowledge to support the representations they are making in this certificate.  Investors should be aware that inherent limitations on the ability of certifying officers of a venture issuer to design and implement on a cost effective basis DC&P and ICFR as defined in NI 52-109 may result in additional risks to the quality, reliability, transparency and timeliness of interim and annual filings and other reports provided under securities legislation.

EX-99.10

  NEWS RELEASE OTCQB:CPPXF  

Continental Posts Results For Second Quarter Fiscal 2020

Vancouver, BC, - 27 March 2020 - Continental Energy Corporation (OTCQB: CPPXF) today released a summary of its financial results for the quarter ended 31 December 2019 (the "Quarter"). The Quarter is the second quarter of our fiscal year ending 30 June 2020.

Overall, the Company incurred a net loss during the Current Quarter of $93,695 compared to a loss of $127,907 for the Comparative Quarter, a decrease of $34,212 due largely to a one-off, non-cash share-based payment expense on grant of options during the Comparative Quarter.

The loss per share of $0.00 for the Quarter was no change from the $0.00 for the Comparative Quarter. Share-based payments expense was $nil during the Quarter as compared to $ nil in the same quarter last year.

Interest expense during the Current Quarter was $1,895 compared to $3,326 during the Comparative Quarter, a decrease of $1,431 reflecting accumulated interest paid on long term promissory notes accruing interest of 9.00% per annum since the Comparative Quarter.

The Company incurred professional fees in a total amount of $18,780 during the Current Quarter, compared to $13,634 during the Comparative Quarter. The Company’s management and employee salaries totaled $50,179 during the Current Quarter, compared to $53,523 during the Comparative Quarter

Cash administrative and office costs were $17,116 during the Current Quarter, compared to $40,841 during the Comparative Quarter due to reduced Vancouver office accounting and administration costs.

The full and complete unaudited, management prepared, consolidated financial statements together with explanatory notes and management's discussion and analysis for the results of the Quarter have been filed with Canadian securities regulators on SEDAR and are available for download via Continental's profile at www.sedar.com or from the links on Continental's website.

On behalf of the company,

Richard L. McAdoo

Chairman and CEO

Media Contact:   Phil Garrison, Director, (+1-918-860-0183), info@continentalenergy.com 

No securities regulatory authority has either approved or disapproved the contents of this news release. We assume no obligation to update its content. Any statements made herein that are not historical or factual at the date hereof are forward looking statements. Many risk factors may cause our actual performance and results to be substantially different from our plans or expectations described in any forward looking statements. Readers are encouraged to refer to the expanded discussion of recognized risks and uncertainties, many of which could detrimentally impact any forward looking statements, that we continuously provide in our regulatory disclosures filed on, and publicly available for view or download from, www.sedar.com or from www.sec.gov/edgar.