BPT 2.57% $1.52 beach energy limited

And here is what DLS said:Drillsearch Energy Limited (ASX: DLS)...

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    And here is what DLS said:

    Drillsearch Energy Limited (ASX: DLS) is pleased to announce that the Bauer-8 appraisal/development well has definitively proven that the Bauer Oil Field extends far further to the north than previously mapped. Bauer- 8 is to be cased and suspended as a future oil producer after encountering net oil pay in both the McKinlay and Namur sandstones. Bauer-8 was drilled by the PEL 91 Joint Venture which consists of Drillsearch 60% and Beach Energy as Operator 40%.

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