Q4 DRILLSEARCH ENERGY LIMITED June 2014 Highlights Total production of 3.4 mmboe in FY2014 exceeds guidance, a new company record Total sales revenue for FY2014 of 387.0 million, more than triple the previous 12-month period…
Q4 DRILLSEARCH ENERGY LIMITED June 2014 Managing Directors comments Guidance Beaten, New Records Set In Unconventional, we achieved two FY2014 was another successful year for Drillsearch, one in which significant milestones with…
Q4 DRILLSEARCH ENERGY LIMITED June 2014 Financial Overview FY2014 was a transformational year for Drillsearch financially, with annual revenue increasing more than threefold to a record 387.0 million in the year ended 30 June…
Q4 DRILLSEARCH ENERGY LIMITED June 2014 The financial information in the following table provides detailed production, revenue, operating and capital expenditure. The data presented is unaudited. 12 Months Ended 3 Months Ended *3…
Q4 DRILLSEARCH ENERGY LIMITED June 2014 Exploration and Development Overview Oil Business Western Flank Oil Fairway WESTERN FLANK OIL FAIRWAY, COOPER-EROMANGA BASIN Drillsearch and Beach continued to maintain an active exploration…
Q4 DRILLSEARCH ENERGY LIMITED June 2014 Inland-Cook Oil Fairway INLAND-COOK OIL FAIRWAY, COOPER-EROMANGA BASIN Geological and geophysical work continued in the Inland- Cook area during the June quarter. In ATP 924P, the acquisition…
Q4 DRILLSEARCH ENERGY LIMITED June 2014 Northern Cooper Wet Gas Project Area During the quarter, Drillsearch made significant progress with three of the programs taking place in the Northern Cooper area, namely the restart of Flax,…
Q4 DRILLSEARCH ENERGY LIMITED June 2014 Corporate Ambassador Oil and Gas Limited On 28 May 2014, Drillsearch announced an all-stock takeover offer for Ambassador Oil and Gas Limited that was subsequently increased on 16 June to an…
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