DLS 0.00% 69.0¢ drillsearch energy limited

Ann: Quarterly Report June 2015, page-3

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  1. 1,579 Posts.
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    thank you speculator!
    After a great quarterly report I came here to get a sense of the buzz and you were the only poster!
    But worth 10 posts

    Ii is clear that DLS have definitely been managing themselves in a disciplined and strategic manner throughout this POO crisis. Great cash position, their oil production well hedged, free carried wells with STO and BPT and great acreage and new discoveries. But still conservative an managing their overheads and capex extremely tightly. Very sound IMO.
    cheers
    J
 
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