Drillsearch still has good chance to have realised A$95 oil price this quarter. Prevous quarter realised oil price was A$114. Almost half of oil production this qtr is hedged at US$90. Some more hedging in place for the next two qtrs. On these numbers, realised oil price for FY15 will likely be at least A$90.
DLS Price at posting:
83.0¢ Sentiment: Buy Disclosure: Held
STO Price at posting:
$9.23 Sentiment: Buy Disclosure: Held