DLS 0.00% 69.0¢ drillsearch energy limited

upcoming quarterly, page-41

  1. 11,785 Posts.
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    Quite a few more articles focusing on DLS quarterly.
    This one I found particularly interesting, as it mentions that the Bauer fields reserves might increase due to the upgrade in guidance. I think it was hinted at in the quarterly, so I can only assume they have spoken to management.

    I think its a bit strange they are not upgrading their price target ($1.75), but they are increasing full year earnings... I mean, it was a 'surprise' so, that would mean they had not anticipated it?? Perhaps upon further thought, they will change their SP target......

    Cooper surprise lifts Drillsearch

    Another article.

    Drillsearch ramps up full-year expectations

    btw - Brent price held steady, so its business and usual for DLS today, with over a million dollars of revenue to be made.
 
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