Follow-up on Cooper Basin
Just as we were publishing the earlier profile of Cooper Basin oil players, Drillsearch Energy went into a trading halt, pending the release of an announcement regarding a potential merger.
Just as we were publishing the earlier profile of Cooper Basin oil players, Drillsearch Energy went into a trading halt, pending the release of an announcement regarding a potential merger.
As I indicated in this morning’s feature, there is significant scope for consolidation in the Cooper Basin, and it would appear that Drillsearch is about to act on that. There is a good chance that the target is Innamincka Petroleum .
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