DLS 0.00% 69.0¢ drillsearch energy limited

Ann: Becoming a substantial holder from SVW, page-10

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  1. Ya
    5,477 Posts.
    lightbulb Created with Sketch. 1040
    Interesting dynamics going on here. Seven just went past QGC's holding in Drillsearch.

    - Network Investments: 36.942mil (8.01%)
    - QGC: 36.216 mil shares (7.9%)
    - BPT: 21 mil (4.6%)

    Mkt Cap of $520mil, Low debt, cash $146 mil, reasonable prft margins I wonder what's the valuation for the 2P-28.3 mmboe, 3P-54.7 mmboe reserves & all that Cooper acreage.
 
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