Drillsearch Energy Limited September 2011 Quarterly Report Highlights Successful Oil drilling in PEL 91 in the Western Flank Oil Fairway delivered four new oil discoveries and three successful appraisal/development wells from…
Drillsearch Energy Limited September 2011 Managing Directors comments The September quarter has brought further transformational The two surveys will provide the Company further information change for Drillsearch in what has…
Drillsearch Energy Limited September 2011 Production and revenue The Chiton Oil Field was shut-in for the duration of Australian sales revenue for the September quarter was the quarter due to road access issues and a lack of 2.9m,…
Drillsearch Energy Limited September 2011 Development and exploration SA SWQ All Permits APPEA Source: Drillsearch Energy Ltd Oil Business The September quarter continued the drilling success seen both intersected…
Drillsearch Energy Limited September 2011 The Bauer Oil Discovery is currently estimated to have gross mean oil reserves of 3.5 mmbbls. Bauer-1 has one of the largest McKinlay/Namur oil columns found to date in the Western Flank…
Drillsearch Energy Limited September 2011 Wet Gas Business Installation has begun of the Fiberspar spoolable ATP 932P with the relevant parties and the Environmental pipeline system which will connect Drillsearchs wet gas…
Drillsearch Energy Limited September 2011 Unconventional Gas Business Drillsearch has formed a strategic Joint Venture with BG Group is an active player in the exploration, QGC a BG Group company, to explore and develop development…
Drillsearch Energy Limited September 2011 Financial Position Drillsearch remains in a sound financial position. The cash balance at the end of September 2011 was 45 million with no debt. Production Summary and Financial…
Drillsearch Energy Limited September 2011 Corporate Website Drillsearch launched its new website on 16 September There is a glossary of industry terms, a conversion calculator 2011. It is hoped that the new website will deliver…
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