DLS 0.00% 69.0¢ drillsearch energy limited

Corp, just replied on BPT. As for why its getting punished, not...

  1. 7,303 Posts.
    lightbulb Created with Sketch. 664
    Corp, just replied on BPT.

    As for why its getting punished, not sure. The quarterly should have production at approx 730k, barrels.
    So nothing bad in that, especially as production will ramp up further as new fields are brought online over the rest of the FY.

    Cash balance should be up again, but prob not by much as they have had a busy quarter. Better than a $63 million drop like BPT, or a $6.3 million drop like SXY....
 
watchlist Created with Sketch. Add DLS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.