Drillsearch Energy Limited December 2010 Quarterly Report Highlights Revenue of 6.86m for the quarter, 218% higher than the previous quarter. Australian Production of 29,345 bbls, up 60% on the previous quarter. Cash position…
Drillsearch Energy Limited December 2010 Financial highlights December September December Quarter Quarter Description Units 2010 Half Year 2010 Quarter 2010 Quarter Change Change % Oil & gas production Australia boe 47,658…
Drillsearch Energy Limited December 2010 Production and revenue Australia Canada Australian oil production for the December quarter was Canadian oil and gas production shown for the 29,345 barrels (bbls), which was a 60% increase…
Drillsearch Energy Limited December 2010 Development and exploration Drillsearch Cooper-Eromanga Basin Assets Source: Drillsearch Energy Ltd New Oil Business There was no drilling activity in the last quarter. The…
Drillsearch Energy Limited December 2010 All of the prospects are within the Modiolus 3D Seismic The PEL 91 Aquillus 3D Seismic Survey of 434 km2 has Survey and within 1-2 km of the Chiton Oil Field been delayed due to flooding in…
Drillsearch Energy Limited December 2010 Wet Gas Business 2010 Drillsearch 5-Year 2P/2C The extended production test (EPT) for the Canunda Reserves 2010 Drillsearch 5-Year 2P/2C & Resources Wet Gas discovery is suspended until a…
Drillsearch Energy Limited December 2010 Mature Oil Business Unconventional Gas Business There was no drilling activity during the quarter in the There were minimal activities on the unconventional Tintaburra Joint Venture…
Drillsearch Energy Limited December 2010 Corporate Portfolio Rationalisation Share Consolidation In keeping with the focus of the Companys activities in the At the Annual General Meeting held on 23rd November Cooper-Eromanga…