Q3 DRILLSEARCH ENERGY LIMITED March 2014 Highlights Total production for the Quarter of 0.8 mmboe; on track to meet Full-Year guidance with expectations towards the higher end of the 3.0 to 3.3 mmboe range Oil production from the…
Q3 DRILLSEARCH ENERGY LIMITED March 2014 Managing Directors comments The March Quarter was another period of robust operating performance for Drillsearch, led by our oil assets on the Western Flank which continue to deliver in terms…
Q3 DRILLSEARCH ENERGY LIMITED March 2014 Financial Overview Another solid three months of operational performance delivered 94.9 million of revenue during the March quarter, the second-highest on record. Revenue decreased from the…
Q3 DRILLSEARCH ENERGY LIMITED March 2014 The financial information in the following table provides detailed production, revenue, operating and capital expenditure. The data presented is unaudited. 9 Months Ended 3 Months Ended 3…
Q3 DRILLSEARCH ENERGY LIMITED March 2014 Exploration and Development Overview Oil Business Western Flank Oil Fairway Western Flank Oil Fairway, Cooper-Eromanga Basin The March quarter saw the latest drilling program across the…
Q3 DRILLSEARCH ENERGY LIMITED March 2014 Inland-Cook Oil Fairway Inland-Cook Project AreA, Cooper-Eromanga Basin During the quarter, geological and geophysical studies continued, with regional seismic reprocessing also completed. In…
Q3 DRILLSEARCH ENERGY LIMITED March 2014 Northern Cooper Wet Gas Project Area In Northern Cooper Wet Gas, preparation is well underway for an active work program across the acreage to take place in the coming financial year. At the…
Q3 DRILLSEARCH ENERGY LIMITED March 2014 Corporate During the quarter, Drillsearch signed a binding term sheet with QGC Pty Limited over new terms covering the ATP 940P Cooper Basin Shale and Tight Gas Joint Venture. Drillsearch owns…
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