Drillsearch Information

Drillsearch is one of the largest acreage holders in the Cooper Basin, which is located in Central Australia on the borders of South Australia and Queensland. Our vision is to build Australia’s leading independent oil and gas company through: • Delivering sustained growth in shareholder value; • Being a partner and employer of choice, well regarded by our communities and peers; and • Providing a safe environment, focused on sustainability and continuous improvement. Our objective involves leveraging all of our human and resource capital in order to deliver and maximise shareholder value: • Our People • Our Plan; and • Our Projects The way we work is defined by adherence to our five core disciplines: • Focus • Execution • Innovation • Collaboration • Integrity Drillsearch’s fundamental strategy is to create shareholder value through the development of its Cooper Basin acreage. The company has a strong track record of increasing reserves, production and cash flow and its core activities are divided into three key business units: Oil, Wet Gas and Unconventional. Our Oil Business provides Drillsearch with the cash flow to pursue sustainable growth opportunities. Our Wet Business provides us with a clear pathway to growth in the medium term. Our Unconventional Business provides Drillsearch with opportunities that can be realised in the longer term.