DLS 0.00% 69.0¢ drillsearch energy limited

farmout for marina with exxon mobil, page-19

  1. 7,809 Posts.
    Rassie, Oilers are risky generally and you need to weigh up your exposure . DLS won't be stuffed if it is a duster, but it will have an impact no doubt . The upside will be far greater than the downside imo . DLS are producing close to 1000 bopd now and have enough reserves in the Cooper for 15 years . That's nice insurance . I don't know how much 15% of the drill will cost .
 
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