Drillsearch posts record FY production

Oil and gas explorer sets ambitious growth agenda for year ahead after record output.

A new full-year production record has seen Drillsearch Energy more than triple its sales revenue in the period, as the oil and gas explorer sets its sights on further growth in the year ahead. 

In the year to June 30, Drillserach produced 3.38 million barrels of oil equivalent (mmboe), above the miner's guidance range of 3 mmboe and 3.3 mmboe and a record.

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