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69.0¢ drillsearch energy limited

Ann: Commencement of Operated Drilling Program, page-7

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Autosime

15,774 Posts.

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06/10/15

15:25

Post #: 16123515
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Originally posted by speculator101 ↑

Very much agree Auto. DLS secured a good farmin for the tenement. IF.... BIG IF.. they got a goldilocks drilling result, it could possibly double DLS 2P reserves. Not that I expect such an outcome, as the Cooper is a fairly well explored basin, so chances are that while the prospect is covered by 3D, chances of success are still not high for exploration wells (appraisal and development is a different matter).

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Alot to gain and little to lose.
You can buy DLS which is very undervalued and have a free hit ( literally free hit) at a company transforming prospect

DLS Price at posting: 54.7¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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