DLS 0.00% 69.0¢ drillsearch energy limited

Nice quarterly, highlights for me are: - Production up on last...

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  1. 2,773 Posts.
    Nice quarterly, highlights for me are:

    - Production up on last quarter
    - Operating costs of around US$23 per barrel
    - Decision to bring forward the drilling of 4 new Bauer wells (to be drilled in a pad)
    - 3 new wet gas discoveries as we knew
    - Another 927,000 barrels hedged at a minimum of US$60 per barrel - with still plenty of upside to the US$90 ceiling


    I haven't listened to the audio yet but look forward to it.
 
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