Ann: New Wet Gas Discovery at Varanus South-1, page-3

Very reassuring announcements today and yesterday. The main risk for DLS, as I see it, is that they squander all the cash they are generating currently for booked reserves, on poor expansion plans. Recent announcements relieve that concerns somewhat, and suggest that 2P reserves growth might continue to rise, despite ongoing depletion of existing reserves. Fingers crossed.

A very solid little company. And if SXY is on Santos's radar, surely too is Drillsearch.