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DLS - Drillsearch Energy

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Drill Search Energy has a number of leases, the most exciting is in Joseph Bonepart Gulf (NT) where the current wildcat is nearing TD. When almost every director is buying up more stock and as many options as they can you can be sure something is going to happen soon. The lease is adjacent to one of the biggest 'finds' worldwide in recent years. How do I know. I worked on the rig that made that find.
I have bought a bundle of these shares - just waiting now.


Always rely on your own research & judgement - look at Company data and Announcements, ask people then do what you feel comfortable doing

Yella
 
Re: DLS - Oil/Gas big things coming

Yella said:
Drill Search Energy has a number of leases, the most exciting is in Joseph Bonepart Gulf (NT) where the current wildcat is nearing TD. When almost every director is buying up more stock and as many options as they can you can be sure something is going to happen soon. The lease is adjacent to one of the biggest 'finds' worldwide in recent years. How do I know. I worked on the rig that made that find.
I have bought a bundle of these shares - just waiting now.


Always rely on your own research & judgement - look at Company data and Announcements, ask people then do what you feel comfortable doing

Yella
first timer, big find u say, was it gas or oil, if oil I here reservoir quality 50/50!
 
Re: DLS - Oil/Gas big things coming

DLS getting into a bit of strife with the ASX for non-disclosure about activity at the Canadian sites. Hit an alltime high yesterday, settled back a bit today, waiting on results. Great breakout!
 
Re: DLS - Oil/Gas big things coming

Change in fortunes for DLS today, looking at the chart I can't believe I missed this breakout early on only saw it a few days ago week when it was too risky for me in terms of risk mgmt. The recent trend still holds though...have you been watching this one TechA- might be another candidate for that speccie thread that started here some months ago? Maybe a bit late but a bounce off support and it may be attractive again.
 

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DLS: Why the price jump?

Hi there,

Just wondering if anyone had heard anything on the grapevine on this stock? Rose pretty sharply yesterday

Regards,

Brent
 
Re: DLS - Oil/Gas big things coming

Can't say that I've heard anything credible or specific, but I believe they currently or atleast recently were subject to court proceedings - something to do with the issue of shares. Unfortunately, that's all I can recall, but a quick Google should clear it up. There may have been a favourable result in the case, or an indication there was to be a favourable result. Or it could have just been following other junior energy stocks (NWE, FAR, PSA, AMU, COE etc) in an upswing driven by high energy prices. The chart (attached) of gas prices at Henry Hub is particularly interesting and should drive favourable quarterlies for many junior oilers operating in the US.
 

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Re: DLS - Oil/Gas big things coming

Yep,

I do have the poison pen after all!!!!

Easy come, easier gone.

Regards to all

Brent
 
Re: DLS - Oil/Gas big things coming

In these kind of stocks, there are always plenty of jilted long time holders looking to sell into rallies. One more gone is one less you have to worry about down the track.
 
Re: DLS - Oil/Gas big things coming

Excellent full year result posted just after close of market today.

**Over 300% rise in profits!!** ;o)

Future for DLS is looking very good regarding existing oil/gas sales and new production wells also coming on stream soon. BIG expenditure on surveys/infrastructure also covered by the great profit result, so next few quarters should also be good. Interest bearing debt also slashed significantly.

I got in at .076 a few days back and they have shot to .080 on close today (BEFORE the report was listed). I wonder where they might head tomorrow on the back of the excellent data... I'm guessing .085 by tomorrows close!

Looks very strong from now on...

Go you good thang!

AJ
 
:)

Hi folks,

..... nobody on this DLS breakout ..... ???

DLS ... traders have been aggressively buying
this stock over the past week ..... :)

Looks set to continue, until around 17042006,
when a negative cycle kicks in ... ???

On only the second of a 50+ well program to
increase production ..... :)

happy days

yogi

:)
 
Yogi

You still on DLS?
Where do u se the sp going?

Looking back to aug 05 posts, it hasn't moved much from there
 
:)

Hi folks,

DLS ..... will be alert for some positive
news, with the spotlight focused on DLS,
around 13062006 ??? ... :)

happy days

yogi

:)
 
Good news will come eventually, this is another stock with lots of potential that I'm just patiently sitting on. :cool:
 
Out Too Soon said:
Good news will come eventually, this is another stock with lots of potential that I'm just patiently sitting on. :cool:

i agree.. but i haven't dipped into this one yet..profits can be made quicker with other stocks atm..but eventually i grab a few of this stock ;) i think they're planning to drill the marina + turtle/barnett prospects in sept 2007 which is still a long time away :( and they're planning to farm out these proposed wells..i wonder if thats a good idea? :confused:
 
sleeper88 said:
i agree.. but i haven't dipped into this one yet..profits can be made quicker with other stocks atm..but eventually i grab a few of this stock ;) i think they're planning to drill the marina + turtle/barnett prospects in sept 2007 which is still a long time away :( and they're planning to farm out these proposed wells..i wonder if thats a good idea? :confused:

Can't say I blame you Sleeper, I'd like to talk this stock up of cause but it has been bouncing between .14c & .17c for a while. TOday there are nearly 1 million buyers @ .145c , 1.4 million buyers @ .14c & 1.3 million sellers @ .17c, so it's obvious where the market values the stock @ present. Still long term holders could eventually be sitting on another Woodside or Rio. :)
 
sleeper88 said:
i agree.. but i haven't dipped into this one yet..profits can be made quicker with other stocks atm..but eventually i grab a few of this stock ;) i think they're planning to drill the marina + turtle/barnett prospects in sept 2007 which is still a long time away :( and they're planning to farm out these proposed wells..i wonder if thats a good idea? :confused:

Can't say I blame you Sleeper, I'd like to talk this stock up of cause but it has been bouncing between .14c & .17c for a while. TOday there are nearly 1 million buys @ .145c , 1.4 million buys @ .14c & 1.3 million sells @ .17c, so it's obvious where the market values the stock @ present. Still long term holders could eventually be sitting on another Woodside or Rio. :)
 
I'm starting to research Drillsearch Energy ( DLS ) and would be interested to hear of anyone elses point of view or comment on the stock. Mr Christopher Ryan, Principal of Westchester Corporation, was poking around a bit, reference the meeting in late November last which concerned fund raising by an issue of shares.
Westchester are not exactly a vulture outfit, as I know Mr Ryan has undoubted qualifications and experience with major financial institutions. More, that he, is quick to see an opportunity based on an oversold stock or/and one to replenish Westchester's financial archives.

What now? More moves, as trying to shift weak Directors could appear on the horizon, against Ryan's undoubted ability in choosing when to move on, and an opening left for a return, perhaps.
 
It's great that Drillsearch constantly gives us ann/updates unlike some others but this constant Tintaburra "found a bit of oil looks good, capped it movin' on to the next one is like a "dear diary- today was much like yesterday", consequentially investors get just as bored. I suppose we're hard to please. :(
As I said on another oiler thread I have this seemingly unrealistic picture in my head from TV/movies of oil shooting out of the ground & happy oil covered workers dancing around singing out "Eureka, we're rich!" :eek:
 
:)

Hi folks,

DLS ... time cycles due on:

24-27082007 ... aggressive and positive move

04092007 ... negative light on DLS ???

13092007 ... BIG and positive news expected here.

05102007 ... positive spotlight on DLS ..... :)

22102007 ... negative cycle here ... finance-related ???

02-05112007 ... 2 difficult cycles expected.

19112007 ... 2 positive cycles ... finance-related???

122007 ... 4 negative and difficult cycles expected in December 2007.

happy days

paul

:)
 
Hi folks,

DLS ... time cycles due on:

24-27082007 ... aggressive and positive move

04092007 ... negative light on DLS ???

13092007 ... BIG and positive news expected here.

05102007 ... positive spotlight on DLS ..... :)

22102007 ... negative cycle here ... finance-related ???

02-05112007 ... 2 difficult cycles expected.

19112007 ... 2 positive cycles ... finance-related???

122007 ... 4 negative and difficult cycles expected in December 2007.

happy days

paul

:)

...... hope you are holding some, folks !~!

As per post, above ..... positive cycle came in, right on time ... :)

happy trading

paul

:)

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