DLS 0.00% 69.0¢ drillsearch energy limited

Ann: Investor Presentation , page-28

  1. 11,848 Posts.
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    Good to have you aboard Canning.

    Corp - great run down of DLS figures.

    I can only agree, great company with huge income.
    As you also mention, production is set to increase further. For those with the time, BPTs quarterly has some interesting info. For example, the Bauer facility has been upgraded to handle 33,000 bpd! This does include water, but thats a 60% higher rate.

    Then you have the wet gas, not just the DLS/BPT joint venture, but also the new DLS/STO venture. Then you have the Flax field to come online and also increased production from the Tintaburra field.

    Just to keep things in perspective. As I understand it, BPT still have 4.9% of DLS. So whilst COE may be the next target, DLS is a much juicier plum that is ripening more every day.
 
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Currently unlisted public company.

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