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

Western Flank Oil Fairway - Hanson-1 Oil Exploration Well Spuds

• Hanson-1 oil exploration well spuds
• Targeting up to 2 million barrels recoverable oil
• Drilling expected to take 10-14 days

Drillsearch Energy Limited (ASX: DLS) is pleased to announce that the Western Flank Oil Fairway drilling program has began with the spudding of the first well in a five well program. The Hanson-1 well spudded at 5.00pm (CST), Saturday 21 May 2011. Drillsearch holds a 60% Interest in PEL 91 while Beach Energy (ASX: BPT) as operator holds 40%.

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