Drillsearch upbeat on future growth

DRILLSEARCH Energy is looking forward to reaping rewards from the newly producing Chiton field in PEL 91 of the Cooper Basin, and is hopeful of further discoveries in the area.

Drillsearch upbeat on future growth Drillsearch upbeat on future growth Drillsearch upbeat on future growth Drillsearch upbeat on future growth Drillsearch upbeat on future growth

In the company's half-yearly report, managing director Brad Lingo said he expected company cash reserves to be enhanced by the positive cash flow generation from first oil at Chiton-1.

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