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Drillsearch Energy Limited

      

ASX:DLS ISIN:AU000000DLS6


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Drillsearch Energy Limited Company Summary
 
 Drillsearch Energy Limited has over 20 years of petroleum production and exploration experience, with a balanced development pipeline of permit interests containing a portfolio of production interests and exploration interests right through the development charts in Australia, Canada, and Papua New Guinea. This mix offers shareholders asset growth with real upside potential.

Drillsearch is an upstream petroleum company formed to explore, and develop, the conventional petroleum potential of a number of highly prospective areas specifically selected because of their potential to either yield significant discoveries and early cash flow or provide potential for high impact, "company maker" discoveries.
DIRECTORS / OFFICERS
 
Jim McKerlie
Chairman
Mr McKerlie is a Chartered Accountant and business consultant and has had a global career consulting to small and large companies on growth strategies as a managing partner at KPMG and Partner in Charge at Deloitte. He has extensive corporate experience as director and chairman of private and public companies. Mr McKerlie is Group Chief Executive of Bullseye, which he founded. Date of appointment, Great Artesian: 14 September 2007, appointed Drillsearch 12 August 2008.
Brad Lingo
Managing Director
Brad Lingo has more than 25 years of oil & gas experience ranging from frontier deepwater exploration offshore West Africa to commercialisation of major gas projects in Australia. He has been involved in all phases of the oil & gas business and project development, mergers & acquisitions, financing and equity capital raising for both listed and private companies both in Australia and internationally. Mr. Lingo was appointed to the Drillsearch Board in May 2009 and became Managing Director on 15 June 2009.
Dato' Choo Beng Kai
Non-Executive Director
Dato' Choo Beng Kai (BK) joined the family owned property development company in 1996. He later started his own company, Masmeyer Holdings Sdn Bhd in 2002 of which he is Managing Director. BK has many successful years entrepreneurial experience majoring in developing and implementing innovative business concepts. These developments have lead to the successful establishment of a number of businesses. In addition to hands on project management, BK is also involved in NGOs and is Deputy Chairman of Penang Choo's Association and a member of the central committee of the World Choo's Association. BK is a Member of the "Order of the Crown of Kedah" (AMK) and a Knight Commander of the "Most Honourable Order of Sultan Ahmad Shah" (DSAP). He was also appointed Justice of Peace by the State government of Kedah, Malaysia in 2008.
Fiona Robertson
Non-Executive Director
Fiona Robertson currently works as the Chief Financial Officer of Petsec Energy Limited and has a background of more than 30 years in corporate finance and the resources sector. She has extensive experience in financial reporting, international corporate finance, corporate governance and in working with emerging resource companies. Her career includes roles with Delta Gold and The Chase Manhattan Bank in New York, London and Sydney.
Ross Wecker
Non-Executive Director
Ross Wecker was until recently the Managing Director of Innamincka Petroleum Limited and has more than 35 years’ experience in the oil and gas industry. He is a highly experienced geologist with extensive exploration knowledge of the Cooper and Eromanga Basins. Prior roles include the direction of an exploration team in the Cooper Basin for Delhi Petroleum Pty Ltd and Esso Australia Limited and providing specialist technical advice to several Australian and American companies regarding the acquisition and management of exploration acreage in the Cooper and Eromanga Basins.
Ian Bucknell
Company Secretary
Ian joined Great Artesian in October 2007 as Financial Controller and was appointed as Company Secretary in March 2008. Ian is an experienced Certified Practicing Accountant with over 10 years International upstream Oil and Gas accounting experience. He held a number of finance management positions with Oil Search Limited prior to joining Great Artesian. Date of appointment as Company Secretary, Great Artesian: 26 March 2008, appointed Drillsearch 12 August 2008.
ANNUAL REPORT
 

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    PRESENTATIONS
     
     
    COMPANY DATA
     
    Company Headquarters Level 8 
        16 Spring Street 
        Sydney NSW 2000 
        Australia 
    Company Telephone +61-2-9241-4440 
    Company Fax +61-2-9241-4404 
    Company Principal Sector Energy 
    Company Principal Industry Energy 
    Company Listed 1987/07/02 
    Company Homepage www.drillsearch.com.au/
     
    Company Options Click Here To Request Research Report: 
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    NEWS  News Reader RSS   Drillsearch Energy Limited
     
     Drillsearch Energy Limited (ASX:DLS) Announce A Substantial Upgrade To Western Cooper Unconventional Gas Project Prospective Resource Potential
    MAR 3, 2010 15:02 - Article Views: 433
    Drillsearch Energy Limited (ASX:DLS) (PINK:DRLLF) is pleased to announce a significant increase in the Prospective Resource Potential of the Western Cooper Unconventional Gas Project. Drillsearch has just completed the second phase of an independent technical review with MBA Petroleum Consultants Pty Ltd (MBA) of the Prospective unconventional gas resource potential of deep coal seams in the Permian and Triassic formations of the Western Cooper Basin. This independent technical review is an extension of the earlier work completed by MBA prior to the award of PELA 513.
     ABN Newswire Stocks to Watch: February 9, 2010
    FEB 9, 2010 11:00 - Article Views: 558
    ABN Newswire stocks to watch today include: Drillsearch Energy Limited (ASX:DLS) (PINK:DRLLF), Pluton Resources Limited (ASX:PLV) and Marion Energy Limited (ASX:MAE) (PINK:MAEJF).
     ABN Newswire Stocks to Watch: February 8, 2010
    FEB 8, 2010 11:30 - Article Views: 755
    ABN Newswire stocks to watch today include: Emergent Resources Limited (ASX:EMG), Benitec Limited (ASX:BLT)(PINK:BNIKF), Legend Mining Limited (ASX:LEG) (PINK:LGDMF) and Drillsearch Energy Limited (ASX:DLS) (PINK:DRLLF).
     Drillsearch Energy Limited (ASX:DLS) Appoints Mr David Evans As Chief Technical Officer
    FEB 8, 2010 10:18 - Article Views: 456
    Drillsearch Energy Limited (ASX:DLS) (PINK:DRLLF) is pleased to announce the appointment of David Evans as the company's new Chief Technical Officer. David will oversee and manage all of the technical aspects of the company's exploration, development and production activities. David will start his role in early March 2010.
     Drillsearch Energy Limited (ASX:DLS) Commences Production At Chiton Oil Field
    FEB 5, 2010 09:29 - Article Views: 625
    Drillsearch Energy Limited (ASX:DLS) (PINK:DRLLF) is pleased to announce that first commercial oil production has commenced at the Chiton Oil Field located in PEL 91 in the Western Flank Oil Fairway. The Chiton Oil Field is the first commercial oil discovery in PEL 91 and is owned by Drillsearch (60%) and Beach Energy Ltd (40% and operator). Chiton is a major project for Drillsearch and could potentially increase the Company's annual oil production by 200% in the near term.
     Drillsearch Energy Limited (ASX:DLS) Quarterly Report For The Period Ended 31 December 2009
    FEB 2, 2010 10:52 - Article Views: 503
    Drillsearch Energy Limited (ASX:DLS) (PINK:DRLLF) is pleased to provide a Quarterly Activities Report for the period ended 31 Dcember 2009.
     Drillsearch Energy Limited (ASX:DLS) Surrenders Petroleum Exploration Permit WA-352-P And Remains Focused On Cooper Basin
    JAN 22, 2010 16:01 - Article Views: 744
    Drillsearch Energy Limited (ASX:DLS) (PINK:DRLLF) is pleased to advise that the Government of Western Australia Department of Mines and Petroleum has accepted its application to surrender Petroleum Exploration Permit WA-352-P. As a result of this, Drillsearch no longer has any interest in WA-352-P, which is located in the Carnarvon Basin offshore Western Australia and will remain in good standing with the Government of Western Australia.
     ABN Newswire Stocks to Watch: January 21, 2010
    JAN 21, 2010 11:00 - Article Views: 1,195
    ABN Newswire stocks to watch today include: Galaxy Resources Limited (ASX:GXY) (PINK:GALXF), Image Resources NL (ASX:IMA) (PINK:IMREF), Havilah Resources NL (ASX:HAV), Drillsearch Energy Limited (ASX:DLS) (PINK:DRLLF) and Beach Energy Limited (ASX:BPT) (PINK:BEPTF).
     Drillsearch Energy Limited (ASX:DLS) Acquisition Of Additional Working Interests In South Western Cooper Basin
    JAN 20, 2010 15:42 - Article Views: 727
    Drillsearch Energy Limited (ASX:DLS) (PINK:DRLLF) is pleased to announce that it has executed an agreement to purchase Magellan Petroleum (Southern) Pty Limited which holds interests in 1 Production Licence, PPL212 Kiana (30%), 1 Petroleum Retention Licence over the Udacha discovery (30%) and 1 Petroleum Exploration Licence PEL107 (20%) from US Company Magellan Petroleum Corporation (MGN). The consideration for the assets is A$550,000 which will be financed out of exiting cash reserves. The transaction is expected to be closed this quarter following third party approvals.
     ABN Newswire Stocks to Watch: December 9, 2009
    DEC 10, 2009 10:30 - Article Views: 2,012
    ABN Newswire Stocks to Watch today include: Linc Energy Limited (ASX:LNC)(PINK:LNCGY), Galaxy Resources Limited (ASX:GXY)(PINK:GALXF), iSOFT Group Limited (ASX:ISF), Havilah Resources Limited (ASX:HAV), Drillsearch Energy Limited (ASX:DLS)(PINK:DRLLF), Metallica Minerals Limited (ASX:MLM) and Otto Energy Limited (ASX:OEL)(PINK:OTTEF).
     
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