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
Market Reports /
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8 years ago
18 Feb 2016 - Aus shares track 1.4% higher at noon. Sydney Airport Limited (ASX:SYD) has reported strong growth across all businesses with group revenue and EBITDA increasing 5.6 p…
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8 years ago
28 Jan 2016 - Aus shares close 0.6% higher. Ten Network (ASX:TEN) has posted strong advertising revenue growth in the six months to 31 December 2015, according to the latest figure…
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8 years ago
28 Jan 2016 - Drillsearch Energy Limited (ASX:DLS) says the December quarter was a momentous period for the company, with the announcement of an all-scrip merger with Beach Energy.
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8 years ago
27 Jan 2016 - Aus shares close 1.2% lower. Drillsearch Energy Limited (ASX:DLS) says shareholders have approved the scheme of arrangement to implement the proposed merger with Beac…
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8 years ago
21 Jan 2016 - Drillsearch Limited (ASX:DLS) says the company has continued to perform strongly at an operational level, despite uncertainty in global commodity markets.
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8 years ago
24 Dec 2015 - Aus shares close 0.5% higher. Lithium Australia (ASX:LIT) has gone into a trading halt pending the release of an announcement by the company.
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8 years ago
23 Dec 2015 - Drillsearch Energy Limited (ASX:DLS) has announced the start of production from the company’s Western Wet Gas joint venture with Santos in the Cooper Basin.
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8 years ago
22 Oct 2015 - Aus shares close 0.3% higher. Drillsearch Energy Limited (ASX:DLS) reports a 3 percent rise in its quarterly production.
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8 years ago
18 Sep 2015 - Aus shares close 0.46% higher. Veda Group Limited (ASX:VED) has received a $2.3 billion takeover bid from US company Equifax.
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8 years ago
18 Sep 2015 - DrillSearch Energy Limited (ASX:DLS) has appointed Chief Operating Officer Walter Simpson as CEO effective immediately.
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9 years ago
26 Aug 2015 - ASX swings back to positive territory. Steadfast Group Limited (ASX:SDF) reported a 38 per cent rise in underlying net profit to $56.7 million.
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9 years ago
26 Aug 2015 - Drillsearch Energy Limited (ASX:DLS) has posted a net loss of $8.1 million for the year ending June 30.
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9 years ago
23 Jul 2015 - Miners lead ASX lower. Drillsearch Energy Limited (ASX:DLS) trades lower on weaker revenue numbers despite production meeting guidance levels.
Resources Corner /
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9 years ago
10 Jul 2015 - As the Chinese stock market tanked the shock didn’t take long to hit iron ore prices.
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9 years ago
03 Jul 2015 - Aus shares tumble 1.1%. Qantas Airways Limited (ASX:QAN) had some surprise news for staff today, announcing it’ll pay $90M in bonuses.
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9 years ago
03 Jul 2015 - Drillsearch Energy Limited (ASX:DLS) on the hunt for a new CEO after announcing Brad Lingo will leave the role.
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9 years ago
01 Jul 2015 - Aus shares shake off Greek fears. Asciano Limited (ASX:AIO) has today confirmed speculation it is the subject of a takeover bid.
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9 years ago
01 Dec 2014 - Plunging global oil prices are sending energy stocks into sharp retreat with the Australian share market opening lower and trading 0.93 per cent down at noon. Pacific…
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9 years ago
29 Oct 2014 - Aus shares follow US higher. Drillsearch Energy Limited (ASX:DLS) indicates it’s on track to meet its forward guidance production figures.
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9 years ago
23 Oct 2014 - Santos Limited (ASX:STO) will pay $7.5 million to New Standard Energy (ASX:NSE) for an 35 % operating interest in a Cooper Basin joint venture between New Standard an…
Resources Corner /
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10 years ago
05 Aug 2014 – The slide in the price of ore is due to a glut of supply and a death knell is sounding for smaller miners as the big players are actually increasing production.
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10 years ago
27 Aug 2014 - Drill Search Energy Limited (ASX:DLS) lifts record full year profit to $71.5 million on the back of record production and strength in the oil price.
Resources Corner /
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10 years ago
01 Aug 2014 – As gas production grows local industry worries on rising domestic prices.
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10 years ago
25 Jul 2014 - Drillsearch Energy Limited (ASX:DLS) deliveres record output and revenue over the 2014 financial year and flags growth ahead.
