GAS CONDENSATE

Drillsearch 2P up 33% on western flank discoveries

RECENT discoveries by Drillsearch Energy in the western flank of the Cooper Basin have led to a reserves bump, with its proved and probable reserves going up by 33% to 11.3 million barrels of oil equivalent.

Drillsearch 2P up 33% on western flank discoveries

The reserves upgrade was provided by independent auditors Gaffney, Cline and Associates, with the new discoveries also altering the oil and hydrocarbon liquids weighting of its reserves, up to 60% of its...

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