DLS 0.00% 69.0¢ drillsearch energy limited

i would recommend this stock

  1. av
    2,595 Posts.
    - Already sitting on approx 10-15 mmsfd/day from Middleton and Udacha (which people forget about because of GOG)
    - Latest drill, BPT has announced as 'major new gas discovery' - result of seismic that was the reason for inactivity this last year.
    - inherited production from DLS
    - Debt free
    - Company maker permit in Otway.
    - low market cap - BPT increase around $100 million on gas find - DLS around $4 million although they are 50-50.

    All it really has to do make some significant gains is ride BPT's coat tails the next couple of months and leverage that into Otway drill.
 
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