DLS 0.00% 69.0¢ drillsearch energy limited

DLS has hedging in place, page-14

  1. DSD
    15,757 Posts.
    DlS up 2c. My av entry price now 73.5c. Am holding as feel POO could go under $55 but DLS can weather the storm. Hopefully the oil price will rebound to say $65 within a couple of months. If AUD hits 80c and POO at $65 DLS will be smiling. Hedging helps but it only covers part of production.
 
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