Drillsearch Energy Limited June 2010 Quarterly Report Highlights Financial Wet Gas Revenue of 3.47m for the quarter, up Brownlow-1 extended production test rate 81% on the previous quarter. of 18.4 mmscf/day equaling…
Drillsearch Energy Limited June 2010 Financial highlights Full Year Full Year March June Quarter Quarter Description Units 2008-2009 2009-2010 2010 Quarter 2010 Quarter Change Change % Oil & gas production Australia boe…
Drillsearch Energy Limited June 2010 Production and revenue Australia Australian oil production for the June quarter was The cost of constructing this new road is 300,000 in 17,190 bbls, which was 12% below the prior quarter.…
Drillsearch Energy Limited June 2010 Development and exploration Mature Oil Business During the quarter a new oil discovery was made with Following closure of the Jackson Moonie Pipeline effective the Watson West-1 exploration…
Drillsearch Energy Limited June 2010 New Oil Business Drillsearch announced, soon after the end of the quarter, We are optimistic as to our likelihood of drilling success the planned drilling of up to five exploration wells in PEL…
Drillsearch Energy Limited June 2010 Wet Gas Business The extended production test to assess gas volumes and The production test rate from Brownlow production potential flow rates for the Brownlow and Canunda is equal to the…
Drillsearch Energy Limited June 2010 Wet Gas Business Continued Unconventional Gas Business available trucking to transport the condensate/light oil to During the quarter, the Company continued its Moomba for sale the well has been…
Drillsearch Energy Limited June 2010 Financial Position Drillsearch Energy remains in a sound financial position. Its cash balance at the end of June 2010 was 6.5m with no debt. Actual cash payments for exploration, appraisal and…
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