OPERATIONS

Chiton to push Drillsearch output upwards

DRILLSEARCH Energy hopes to reverse the downward trend of its Australian oil production when the Chiton oil field in PEL 91 of the Cooper Basin resumes production later this month.

Marija Stojkovic

Chiton to push Drillsearch output upwards

The company's Australian oil production for the June quarter dropped 12% to 17,190 barrels due to flooding in the Cooper and ongoing natural decline of existing fields. Drillsearch said the decline...

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