Q3 DRILLSEARCH ENERGY LIMITED March 2013 Highlights Total Production increases 80% a new daily & quarterly record Oil Business Total oil and gas production increased to approximately Oil Production increases 66% another new daily…
Q3 DRILLSEARCH ENERGY LIMITED March 2013 The Managing Directors comments Over the past quarter, Drillsearch maintained its singular focus on growing Reserves, production and cash flows and the March Quarterly results clearly…
Q3 DRILLSEARCH ENERGY LIMITED March 2013 Production and Revenue New Quarterly Records set During the March quarter the Company delivered a new all-time commissioning the Bauer-to-Lycium Crude Oil Export Pipeline. record in both…
Q3 DRILLSEARCH ENERGY LIMITED March 2013 Exploration and Development Oil Business Western Flank Oil Fairway WESTERN FLANK OIL FAIRWAY PEL 91, Exploration drilling recommenced in the Western Flank Oil Fairway, COOPER-EROMANGA BASIN…
Q3 DRILLSEARCH ENERGY LIMITED March 2013 Inland-Cook Oil Fairway Under the GSA the PEL 106B Joint Venture will sell untreated raw Two commitment wells were drilled during the quarter in ATP 539P. gas consisting of condensate, LPG and…
Q3 DRILLSEARCH ENERGY LIMITED March 2013 the sands are of good quality if found to be gas bearing elsewhere. The wells, Anakin-1 and Charal-1, have been based on 3D seismic In addition, elevated gas readings were observed in several…
Q3 DRILLSEARCH ENERGY LIMITED March 2013 Financial Position The financial information presented in this report is unaudited. 9 months ended March 2013 3 months ended 3 months ended Quarter Change Description Units (Unaudited)…
Q3 DRILLSEARCH ENERGY LIMITED March 2013 Further information For further information please contact: Media enquiries to: Brad Lingo Justin Kelly, Director, Mercury Consulting, Managing Director P:+61 2 8256 3350 Ph: +61 2 9249 9600…