GAS

Drillsearch posts record first-half profit

DRILLSEARCH has posted a record gross profit of $125.9 million for the first half of the 2014 financial year, driven by strong performance from its Cooper Basin operations.

Drillsearch posts record first-half profit

Record production and continuing strong oil prices drove the rise from $12.1 million. Underlying net profit before tax also rose to a record $112.4 million in the six months ended December 31. Net...

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