Drillsearch Energy Limited is an ASX-listed oil and gas exploration and production company with over 20 years of petroleum exploration and production experience. Drillsearch is primarily focused on the Cooper / Eromanga Basins, Australia's premier onshore oil and gas basins, which span South West Queensland and the North East of South Australia. Drillsearch is now the largest acreage holder in these basins.
Drillsearch has a balanced portfolio of high-impact exploration, development and production interests presenting significant growth potential with oil well drilling and development of the company's significant wet gas discoveries along with the expansion of the company's holdings in key production interests. Drillsearch has 4 main growth platforms:
- The company's Mature Oil business;
- The New Oil business;
- The Wet Gas business and
- Emerging Unconventional Gas business.
The company is pursuing growth through organic exploration, development activities and strategic acquisitions in its core areas that complement its key businesses. This mix offers shareholders asset growth with real upside potential. This mix is designed to enable Drillsearch to increase shareholder value by becoming, in the near future, a better placed, more successful and sustainable, mid tier Australasian oil and gas explorer and producer.
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Latest News
Company News /
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10 years ago
29 Apr 2013 - Drillsearch Energy Limited (ASX:DLS) shares are in a trading halt as the group commences a convertible bonds issue to repay existing debt facilities.
Market Reports /
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11 years ago
19 Apr 2013 - Aus shares close week flat. Drillsearch Energy Limited (ASX:DLS) and joint venture partner Beach Energy Limited (ASX:BPT) say the commissioning of the Bauer to Lycium…
Market Reports /
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11 years ago
21 Nov 2012 - Aus shares close at session lows. Drillsearch Energy Limited ( ASX:DLS) revises its 2013 production forecast to between 1.3 and 1.6 million barrels of oil, as part of…
Resources Corner /
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11 years ago
21 Nov 2012 - The Reserve Bank of Australia’s Governor Glenn Stevens forecasts Australia’s terms of trade this year will fall 15 per cent from last year’s peak.
Market Reports /
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11 years ago
19 Nov 2012 - Arrium Limited (ASX:ARI) announces its succession plan for CEO Geoff Plummer to move on from the global mining and materials company
Company News /
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11 years ago
19 Nov 2012 - Drillsearch Energy Limited (ASX:DLS) has announced it has acquired more than 90 per cent of petroleum explorer Acer Energy Limited (ASX:INP).
Resources Corner /
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11 years ago
31 Oct 2012 – Miners are fielding takeover bids and withdraws with Endocoal Limited (ASX:EOC) attracting a $71 million offer while a $435 million bid for Western Desert Resources L…
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11 years ago
26 Oct 2012 - Drillsearch Energy Limited (ASX:DLS) increases its all offer forAcer Energy Limited (ASX:INP) from 25.5 to 28.5 cents per share.
Market Reports /
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11 years ago
04 Oct 2012 - Aus shares lift as M&A swirls. Shares in Billabong International Limited (ASX:BBG) plunge as reports emerge the surfwear retailer’s sole suitor is considering walking…
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11 years ago
04 Oct 2012 - Drillsearch Energy Limited (ASX:DLS) makes a takeover bid for petroleum explorer Acer Energy Limited (ASX:INP), valuing the company at about $118 million.
Company Presentations /
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11 years ago
12 Sep 2012 - Drillsearch Energy Limited (ASX:DLS) Managing Director, Brad Lingo presents ‘Focusing in on our Wet Gas Potential’ at the Good Oil Conference in WA.
Company News /
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11 years ago
26 Jul 2012 - Drillsearch Energy Limited (ASX:DLS) secures a long term contract Weatherford International’s 826 drilling rig.
Company News /
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12 years ago
10 Jan 2012 - Beach Energy Limited (ASX:BPT) and Drillsearch Energy Limited (ASX:DLS) produce first gas from the Middleton gas production facility in South Australia.
Market Reports /
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12 years ago
29 Nov 2011 - Aus shares set to extend gains. Shares in Drillsearch Energy Ltd (ASX:DLS) lift after inking a gas sales deal with Santos Ltd (ASX:STO), Beach Energy Ltd (ASX:BPT) an…
Resources Corner /
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12 years ago
Resources and mining companies dominating the headlines this week include BHP's force majeure at its Escondida copper mine. We speak with Drillsearch Managing Director Brad Lingo a…
Market Reports /
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13 years ago
23 Dec 2010 - Aus shares close firmer. Riversdale Mining Ltd (ASX:RIV) recommends shareholders accept Rio Tinto Ltd's (ASX:RIO) $3.9 billion takeover bid for the coal miner.
Company News /
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13 years ago
08 Sep 2010 - Drillsearch Energy Ltd (ASX:DLS) and Innamincka Petroleum Ltd (ASX:INP) agree to a friendly merger, that would see the combined entity with a market cap in excess of …
Company News /
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13 years ago
14 Jul 2010 - Drillsearch Energy Ltd (ASX:DLS) says exploration of a well in south west Queensland has identified it as a possible future oil producer.
Market Reports /
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14 years ago
Aussie shares close lower. Drillsearch Energy Ltd (ASX:DLS) says it will divest or sell down its non-core assets to generate capital to invest in its projects in South Australia’s …
Company News /
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14 years ago
Drillsearch Energy Ltd (ASX:DLS) announces a significant increase in the prospective resource potential of its Western Cooper Unconventional Gas Project.