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Drillsearch Energy Limited

ASX:DLS ISIN:AU000000DLS6

 Drillsearch Energy Limited (ASX:DLS) explores and develops conventional oil and gas projects. Drillsearch has a strategic spread of petroleum exploration and production acreage in Australia's most prolific onshore oil and gas province, the Cooper/ Eromanga Basins in South Australia and Queensland. The company's focus is on 'brownfields' exploration where geological risk is reduced and there is access to existing infrastructure, ensuring that any discoveries can be brought into production. The company also has offshore exploration interests in the Gippsland Basin and in PNG as well as oil & gas production interests in Canada.

  

News

Beach Energy Limited (ASX:BPT) Exploration Success and Production Increases on Western Flank

🕔6/14/2013 10:09:40 AM 7021

Beach Energy Limited (ASX:BPT) advises that four oil discoveries, consisting of three in PEL 91 (Beach 40% and operator, Drillsearch Energy Limited 60%) and one in PEL 92 (Beach 75% and operator and Cooper Energy Limited 25%), as well as a further development well interesection in the Bauer oil field in PEL 91, have recently been achieved.

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Beach Energy Limited (ASX:BPT) New Terms Agreed for PEL 106B Raw Gas Sales with SACB JV

🕔3/19/2013 11:42:00 AM 6565

Beach Energy Ltd (ASX:BPT) and Drillsearch Energy Ltd (ASX:DLS), its joint venture partner in PEL 106B (Beach 50% and operator, Drillsearch 50%), have entered into a new gas sales agreement (GSA) with the South Australian Cooper Basin Joint Venture ("SACB JV") (Beach 20.21%) relating to the production of gas and gas liquids.

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FINANCE VIDEO: Bounty Oil and Gas (ASX:BUY) CEO Philip Kelso Presents at Investorium.tv on February 4th, 2013

🕔2/12/2013 3:39:46 AM 19153

Presenting to investors in Sydney on February 4th, 2013, Bounty Oil and Gas (ASX:BUY) CEO Mr. Philip Kelso outlined the company's strategy and current projects as well as an overview of global oil demand.

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Drillsearch Energy Limited (ASX:DLS) Announces Bauer Oil Field Drilling Success Continues

🕔8/20/2012 10:28:33 AM 6224

Drillsearch Energy Limited (ASX:DLS) announced further success as the Western Flank Oil Field Development Program continues, with the completion of the Bauer-6 development well which is being cased and suspended as a future oil producer. The PEL 91 Joint Venture consists of Drillsearch 60% and Beach Energy as Operator 40%.

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Beach Energy Limited (ASX:BPT) Progressing Tie-In of New Oil Trunkline to Moomba

🕔5/25/2012 1:47:00 PM 8651

Beach Energy Limited (ASX:BPT) has been informed by Santos (ASX:STO), the operator of the Tantanna to Moomba oil pipeline, that Santos plans to permanently shut down the Tantanna to Gidgealpa oil pipeline on 1 June 2012. The new Lycium Hub to Moomba trunkline, which will replace the Tantanna pipeline and have an increased capacity of 15,000 bopd, is expected to be operational in Q4 2012

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Beach Energy Limited (ASX:BPT) Commences Production from Middleton Gas Project

🕔1/9/2012 10:32:00 AM 9127

Beach Energy Limited (ASX:BPT) (PINK:BEPTF) has produced first gas from the PEL106B Joint Venture's Middleton gas production facility. Gas is now flowing to the Moonanga Tie-In Point, at which point the Raw Gas is sold to the South Australian Cooper Basin Joint Venture (Santos (ASX:STO) 66.60%, Delhi Petroleum 20.21% and Origin Energy (ASX:ORG) 13.19%) under a Gas Sale Agreement for the sale of a minimum 3 Billion Cubic Feet of Raw Gas. Initial production rate after ramp up is expected to be 25 MMscf/d comprising about 15 TJ/d sales gas, and 1250 bbls per day of LPG and condensate.

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Beach Energy Limited (ASX:BPT) to Commence Appraisal and Development of PEL 91 Bauer Field

🕔9/21/2011 1:06:00 PM 5843

Beach Energy Limited (ASX:BPT) (PINK:BEPTF) advises that following mapping work undertaken on the Bauer Field in PEL 91 (Beach - 40% and Operator, Drillsearch Ltd (ASX:DLS)- 60%), Beach anticipates the field has the potential to deliver mean recoverable reserves of around 3.5 million barrels (MMbbl) (gross), up from the initial estimate of 2.0MMbbl (gross).

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Drillsearch Energy Limited (ASX:DLS) Update on Searcy-1 Drilling Results and PEL 91 Drilling Program

🕔8/19/2011 3:53:00 PM 5126

Drillsearch Energy Ltd (ASX:DLS) (PINK:DRLLF) is pleased to provide this drilling update for the Searcy-1 oil exploration well and the expansion of the PEL 91 Joint Venture drilling program. Drillsearch holds a 60% interest in the PEL 91 Joint Venture while Beach Energy Limited (ASX:BPT) (PINK:BEPTF) as Operator of the joint venture holds 40%.

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Drillsearch Energy Limited (ASX:DLS) Searcy-1 Oil Exploration Well Spuds, Western Flank Oil Fairway

🕔8/11/2011 10:04:00 AM 5156

Drillsearch Energy Limited (ASX:DLS) (PINK:DRLLF) is pleased to announce that following its fourth success in the Western Flank Oil Fairway drilling program with the discovery of oil at Bauer-1 that Searcy-1, the fifth well in the five well program spudded at 20:45hrs, Wednesday 10 August 2011. Drillsearch holds a 60% interest in PEL 91 while Beach Energy Limited (ASX:BPT) (PINK:BEPTF) as operator holds 40%. To date, Drillsearch has drilled four new oil discoveries on the first four oil exploration wells - Hanson-1, Snellings-1, Arno-1 and Bauer-1 as part of the 5-well Western Flank Oil exploration program.

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Drillsearch Energy Limited (ASX:DLS) Announce Western Flank New 2 Million Barrel Oil Field Discovery at Bauer-1

🕔8/1/2011 2:14:00 PM 5044

Drillsearch Energy Limited (ASX:DLS) (PINK:DRLLF) is pleased to announce its fourth consecutive new field oil discovery in the Western Flank Oil Fairway has been made at Bauer-1, the fourth well in a five well exploration drilling campaign in PEL 91. The PEL 91 Joint Venture is Drillsearch 60% and Beach Energy Limited (ASX:BPT) (PINK:BEPTF) 40% as operator.

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Company Data

    Headquarters
  • Level 8
    16 Spring Street
    Sydney NSW 2000
    Australia
  • Telephone
  • +61-2-9241-4440 
  • Fax
  • +61-2-9241-4404 
  • Principal Sector
  • Energy 
  • Principal Industry
  • Energy 
  • Listed
  • 1987/07/02 
  • Homepage
  • www.drillsearch.com.au/

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