DLS 0.00% 69.0¢ drillsearch energy limited

US shale oil hitting the skids, page-58

  1. 15,774 Posts.
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    Positive news
    Spoke to company - some very positive news - DLS cash balance currently has 75m in USD so the CB is significantly hedged in terms of currency - smart strategy - good on them once again .
    Also this years fy 16 production signifcantly hedged with most at 60 and some and 90 usd oil price
 
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Currently unlisted public company.

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