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0.00% 69.0¢ drillsearch energy limited

Drillsearch has the ability to convert 2P reserves to cash. $5o...

  1. g12m0
    1,632 Posts.
    lightbulb Created with Sketch. 52
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    10/09/15
    22:58
    Post #: 15972896
    Drillsearch has the ability to convert 2P reserves to cash. $5o per barrel ( this includes hedging). can drill more in bauer to improve oil recovery rates. Not much expense in doing this.
    drillsearch not in trouble financially. No deal for me if under $1.
    DLS Price at posting: 52.0¢ Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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