Q1 DRILLSEARCH ENERGY LIMITED September 2013 Highlights Record total sales revenue for the Quarter of 86.7 million Record production for the quarter along with strengthening oil prices (AUD121/bbl) resulted in a record result for…
Q1 DRILLSEARCH ENERGY LIMITED September 2013 Managing Directors comments Drillsearch has commenced Financial Year (FY) 2014 with a clear demonstration of our ability to deliver on our focused strategy of increasing Reserves,…
Q1 DRILLSEARCH ENERGY LIMITED September 2013 Financial Overview Drillsearch achieved record production rates again for the September quarter with total production of 0.85 mmboe, a 53% increase over the June quarter (0.6 mmboe). This…
Q1 DRILLSEARCH ENERGY LIMITED September 2013 The financial information in the following table provides detailed production, revenue, operating and capital expenditure. The data presented is unaudited. 3 months ended 3 months ended…
Q1 DRILLSEARCH ENERGY LIMITED September 2013 Exploration and Development Overview Oil Business Western Flank Oil Fairway On 15 August 2013 Drillsearch announced a 157% increase to its Following the development and appraisal drilling,…
Q1 DRILLSEARCH ENERGY LIMITED September 2013 Wet Gas Business Western Cooper Wet Gas Project Area Drillsearch announced on 4 July 2013 that it had entered into a series incorporated the increase in Estimated Ultimate Recovery (EUR)…
Q1 DRILLSEARCH ENERGY LIMITED September 2013 Northern Cooper Wet Gas Project Area During the quarter, Flax South-1 was drilled as an appraisal well in the The Northern Cooper Wet Gas project area contributed to the Flax field.…
Q1 DRILLSEARCH ENERGY LIMITED September 2013 Unconventional Business Central Unconventional Fairway During the quarter the Cooper Basin Shale Gas Exploration Program Drillsearch will firstly complete three top holes in Anakin-1,…
Q1 DRILLSEARCH ENERGY LIMITED September 2013 Corporate Drillsearch and Santos Western Cooper Wet Gas Joint Venture Drillsearch had undertaken an extensive review of its governance The mutual due diligence conditions to the series of…
Q1 DRILLSEARCH ENERGY LIMITED September 2013 Further information For further information please contact: Brad Lingo Managing Director Ph: +61 2 9249 9600 Email: admindrillsearch.com.au Or visit the website at www.drillsearch.com.au…
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