Q4 DRILLSEARCH ENERGY LIMITED June 2011 Highlights Growing Reserves, Exceeded annual production forecast Growing Production, by 22% Growing Cash Flow Drillsearchs total production for FY 2012 was 389,383 boe which exceeded the…
Q4 DRILLSEARCH ENERGY LIMITED June 2012 The Managing Directors comments As the 2012 Financial Year came to a close, we continued to experience strong growth as we increased production volumes across our oil and wet gas businesses,…
Q4 DRILLSEARCH ENERGY LIMITED June 2012 Production and Revenue Total production for the June 2012 quarter increased 16% to 191,380 boe, up from 164,788 boe recorded for the prior quarter. With production coming online from the new…
Q4 DRILLSEARCH ENERGY LIMITED June 2012 Development and Exploration Oil Business The June 2012 quarter saw an 52% increase in production from the The appraisal and development program planned at the Bauer Oil Oil Business, due…
Q4 DRILLSEARCH ENERGY LIMITED June 2012 Development and Exploration Wet Gas Business Western Wet Gas Fairway, Cooper-Eromanga Basin Production of wet gas from the Middleton-Brownlow Pilot Project increased 11% over the previous…
Q4 DRILLSEARCH ENERGY LIMITED June 2012 Development and Exploration Central Unconventional Fairway - ATP 940P Source: Drillsearch Energy Ltd Corporate Farm Out of ATP 917P and 927P to Real Energy Drillsearch has renegotiated…
Q4 DRILLSEARCH ENERGY LIMITED June 2012 Production Summary and Financial Highlights Financial Position Drillsearch has maintained a solid financial position. The cash balance at the end of June 2012 increased 7% to 45.6 million over…
Q4 DRILLSEARCH ENERGY LIMITED June 2012 Further information Drillsearch Permit Area, Cooper-Eromanga Basin For further information please contact: Brad Lingo Managing Director Ph: +61 2 9249 9600 Email: admindrillsearch.com.au Or…