Q3 DRILLSEARCH ENERGY LIMITED March 2011 Highlights Growing Reserves, 962% increase in production over the Growing Production, last quarter Growing Cash Flow with the start-up of the Wet Gas Pilot Project at an initial rate at 25…
Q3 DRILLSEARCH ENERGY LIMITED March 2012 The Managing Directors comments I am pleased to report on another quarter in which we delivered solid growth for our shareholders from the strengthening of our Oil and Wet Gas businesses…
Q3 DRILLSEARCH ENERGY LIMITED March 2012 Production and Revenue The March quarter witnessed strong growth in Drillsearchs total production up 962% to 164,787 boe over last quarters 15,512 boe. Oil production from the Chiton Oil Field…
Q3 DRILLSEARCH ENERGY LIMITED March 2012 Development and Exploration DRILLSEARCH PERMIT AREA, COOPER-EROMANGA BASIN Source: Drillsearch Energy Ltd Oil Business Drillsearch Net Reserves & Contingent Resources The March quarter…
Q3 DRILLSEARCH ENERGY LIMITED March 2012 Development and Exploration The independent Reserves audit review confirmed the extent of Drillsearch has entered into an agreement with WesternGeco for 3D the Bauer Oil Discovery as being…
Q3 DRILLSEARCH ENERGY LIMITED March 2011 Development and Exploration Wet Gas Business This quarter also saw the beginning of test reprocessing of 100km2 of the Spinel 3D seismic survey. The preliminary results of this This quarter…
Q3 DRILLSEARCH ENERGY LIMITED March 2012 Corporate Divestment of Tintaburra and ATP 783P Issue of Options to QGC Drillsearch is inviting offers for its divestment of the Tintaburra QGC Pty Limited, a BG Group business, has exercised…
Q3 DRILLSEARCH ENERGY LIMITED March 2012 Financial Position Drillsearch remains in a sound financial position. The cash balance at the end of March 2012 was 42.6 million with no debt. The financial information presented in this…
Q3 DRILLSEARCH ENERGY LIMITED March 2012 Further information For further information please contact: Brad Lingo Managing Director Ph: +61 2 9249 9600 Email: admindrillsearch.com.au Or visit the website www.drillsearch.com.au Media…
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