DLS STO

Drillsearch still has good chance to have realised A$95 oil...

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  1. g12m0
    1,632 Posts.
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    02/12/14
    15:37
    Post #: 14394181
    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
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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