DLS 0.00% 69.0¢ drillsearch energy limited

announcement out.., page-6

  1. 7,809 Posts.
    It is slipping under the radar.
    It doesn't take much to realise that the new wells are going to create huge revenue increases.
    At 80 % success rate (present), the next 22 drills in the current program (not including the 9 further wells after that, announced previously) are going to add another 17 wells to production.
    That would mean 39 new production wells in less than a years drilling.
    There is obviously a high radar setting at instos because DLS is doing what oilers are supposed to do fundamentally. Wilson are obviously successful investors because they get in early.
 
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