Summary
Drillsearch Energy Limited (Drillsearch), a subsidiary of Beach Energy Limited is a mineral exploration company that offers development and exploration of oil and gas properties. The company’s operations comprise oil and wet gas exploration; creating share holders, production, reserves and contingent resources; and tenements. It produces oil from the highly profitable Bauer oil field on the Western Flank Oil Fairway, and mature operations on the Cooper Basin’s Eastern Margin. The company operates gas discoveries across its acreage that produces associated liquid hydrocarbons which include LPG and condensate. Drillsearch is headquartered in Sydney, New South Wales, Australia.
Drillsearch Energy Limited (DLS) - Oil & Gas - Deals and Alliances Profile provides you comprehensive data and trend analysis of the company's Mergers and Acquisitions (M&As), partnerships and financings. The report provides detailed information on Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnership transactions recorded by the company over a five year period. The report offers detailed comparative data on the number of deals and their value categorized into deal types, sub-sector and regions.
GlobalData derived the data presented in this report from proprietary in-house Oil & Gas eTrack deals database, and primary and secondary research.
Scope
- Financial Deals - Analysis of the company's financial deals including Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnerships.
- Deals by Year - Chart and table displaying information encompassing the number of deals and value reported by the company by year, for a five year period.
- Deals by Type - Chart and table depicting information including the number of deals and value reported by the company by type such as Mergers and Acquisitions, Equity/Debt Offering etc.
- Deals by Region - Chart and table presenting information on the number of deals and value reported by the company by region, which includes North America, Europe, Asia Pacific, the Middle East and Africa and South and Central America.
- Deals by Sub-sector - Chart and table showing information on the number of deals and value reported by the company, by sub-sector.
- Major Deals - Information on the company's major financial deals. Each such deal has a brief summary, deal type, deal rationale; and deal financials and target Company’s (major public companies) key financial metrics and ratios.
- Business Description - A brief description of the company's operations.
- Key Employees - A list of the key executives of the company.
- Important Locations and Subsidiaries - A list and contact details of key centers of operation and subsidiaries of the company.
- Key Competitors - A list of the key competitors of the company.
- Key Recent Developments - A brief on recent news about the company.
Reasons to Buy
Get detailed information on the company's financial deals that enable you to understand the company's expansion/divestiture and fund requirements
- The profile enables you to analyze the company's financial deals by region, by year, by business segments and by type, for a five year period.
Understand the company's business segments' expansion / divestiture strategy
- The profile presents deals from the company's core business segments' perspective to help you understand its corporate strategy.
Access elaborate information on the company's recent financial deals that enable you to understand the key deals which have shaped the company
- Detailed information on major recent deals includes a summary of each deal, deal type, deal rationale, deal financials and Target Company's key financial metrics and ratios.
Equip yourself with detailed information about the company’s operations to identify potential customers and suppliers.
- The profile analyzes the company's business structure, locations and subsidiaries, key executives and key competitors.
Stay up-to-date on the major developments affecting the company
- Recent developments concerning the company presented in the profile help you track important events.
Gain key insights into the company for academic or business research
- Key elements such as break up of deals into categories and information on detailed major deals are incorporated into the profile to assist your academic or business research needs.
Note*: Some sections may be missing if data is unavailable for the company.
Table of Contents
Table of Contents 3
List of Tables 5
List of Figures 6
Drillsearch Energy Limited, Oil & Gas, Deals By Year, 2011 to YTD 2017 7
Drillsearch Energy Limited, Oil & Gas Deals By Type, 2011 to YTD 2017 8
Drillsearch Energy Limited, Oil & Gas, Deals By Region, 2011 to YTD 2017 9
Drillsearch Energy Limited, Oil & Gas, Deals By Sector, 2011 to YTD 2017 10
Drillsearch Energy Limited, Oil & Gas, Deals Summary, 2011 to YTD 2017 11
Drillsearch Energy Limited, Oil & Gas, Deal Details 13
Asset Purchase 13
Australian Oil Company Sells 7.5% Joint Venture Interest In PEL 182 In South Australia To Senex Energy And Drillsearch Energy For US$3.5 Million 13
Drillsearch Energy Completes Acquisition Of Additional 29% Interest In Tintaburra Block In Australia From Santos For US$33.5 Million 15
Acer Energy Completes Acquisition Of Three Darling Basin Permits In New South Wales From Petrel Energy For US$0.3 Million 17
Acer Energy Completes Acquisition Of Additional Interest In Oil And Gas Cooper Basin Permits From AGL Energy For US$6.2 Million 18
Acer Energy Completes Acquisition Of 23.33% Interest In PEL 100 From Sundance Energy Australia For US$1 Million 20
Acer Energy Completes Acquisition Of Additional 25% Stake In PEL 103 In Cooper Basin From SCGAU For US$5 Million 21
Partnerships 22
Drillsearch Amends Cooper Basin Joint Venture Agreement With QGC 22
Equity Offering 23
Drillsearch Energy Raises US$0.21 Million Upon Exercise Of Options 23
Drillsearch Energy Raises US$0.31 Million Upon Exercise Of Options 24
Drillsearch Energy Raises US$1.3 Million Upon Exercise Of Options 25
Drillsearch Energy Issues 1.2 Million Shares 26
Drillsearch Energy Raises US$0.26 Million Through Issue Of Shares 27
Drillsearch Energy Raises US$0.27 Million Upon Exercise Of Options 28
Drillsearch Energy Completes Retail Entitlement Offering Of Shares For US$34 Million 29
Drillsearch Energy Completes Institutional Entitlement Offering Of Shares For US$18 Million 31
Drillsearch Energy Completes Private Placement Of Shares For US$51.3 Million 33
Drillsearch Energy Raises US$20.8 Million Upon Exercise Of Options 35
Ambassador Oil & Gas Completes IPO Of Shares For US$16 Million 36
Drillsearch Energy Completes Rights Offering For US$18.1 Million 37
Drillsearch Energy Completes Private Placement For US$16.9 Million 39
Drillsearch Energy Completes Private Placement Of Shares For US$15.8 Million 40
Innamincka Petroleum Completes Non-Renounceable Rights Offering For US$9.9 Million 41
Innamincka Petroleum Announces Private Placement For US$20.8 Million 42
Debt Offering 43
Drillsearch Energy Completes Private Placement Of 6% Bonds Due 2018 For US$125 Million 43
Asset Transactions 44
Key Petroleum Completes Acquisition Of 100% Interest In Oil And Gas Prospects In Queensland From Beach Energy 44
Drillsearch Energy To Sell 40% Stake In Tintaburra Block In Australia 45
AWE Completes Acquisition Of Additional 5% Interest In T/18P Permit Offshore Australia From Drillsearch Energy 46
Beach Energy To Acquire 45% Stake In ATP 924P Oil Exploration Permit From Drillsearch 47
Real Energy Completes Acquisition Of ATP 927P and ATP 917P Permits In Cooper Basin, Australia From Drillsearch Energy 48
New Standard Energy Completes Acquisition Of 52.5% Interest In PEL 570 In Cooper Basin, South Australia From Ambassador Oil & Gas For US$38.7 Million 49
Santos Completes Acquisition Of 60% Interest In PEL106A and PEL513 In South Australia From Drillsearch Energy 51
Santos Completes Acquisition Of 25.835% Interest In PEL 100 In South Australia From Drillsearch Energy For US$13.6 Million 53
Santos Acquires 33.3% Interest In ATP 549P In Australia From Drillsearch Energy 55
Drillsearch Energy Plans To Farm-Out Interest In Seven Exploration Blocks In Cooper-Eromanga Basin, Australia 56
Drillsearch Energy Plans To Sell Its Interest In ATP 299P And ATP 783P Blocks In Eromanga Basin 57
Bridgeport Energy Completes Acquistion Of 2% Interest In Naccowlah Block ATP 259P And Jackson Load-Out Facility In Queensland For US$1.3 Million 58
Drillsearch Energy Completes Sale of Three Permits To Larus Energy 60
Bounty Oil Completes Acquisition Of 2% Interest In Naccowlah Block From Drillsearch Energy For US$1 Million 61
Acquisition 62
Beach Energy Completes Acquisition Of Remaining 95.44% Stake In Drillsearch Energy For US$264.4 Million 62
Drillsearch Energy Completes Acquisition Of Remaining 80.1% Interest In Ambassador Oil and Gas For US$41.5 Million 64
Drillsearch Energy Completes Acquisition Of 19.9% Interest In Ambassador Oil & Gas For US$7.7 Million 66
Drillsearch Energy Completes Acquisition Of Remaining 80.1% Stake In Acer Energy For US$108.4 Million 68
Drillsearch Energy Acquires 19.9% Stake In Acer Energy, Oil And Gas Company, For US$24.3 Million 70
Ambassador Oil & Gas Acquires Ambassador Exploration 71
Drillsearch Energy Limited - Key Competitors 72
Drillsearch Energy Limited - Key Employees 73
Drillsearch Energy Limited - Locations And Subsidiaries 74
Head Office 74
Other Locations & Subsidiaries 74
Recent Developments 75
Drilling and Production Updates 75
Mar 02, 2016: Beach Energy Announces Monthly Drilling Report For February 2016 75
Feb 03, 2016: Beach Energy Announces Monthly Drilling Report For January 2016 77
Jan 06, 2016: Beach Energy: Monthly Drilling Report December 2015 78
Other Significant Developments 80
Feb 04, 2016: Drillsearch Energy Announces January Drilling Report 80
Appendix 81
Methodology 81
About GlobalData 81
Contact Us 81
Disclaimer 81
List of Tables
Drillsearch Energy Limited, Oil & Gas, Key Facts, 2015 2
Drillsearch Energy Limited, Oil & Gas, Deals Summary, 2011 to YTD 2017 2
Drillsearch Energy Limited, Oil & Gas, Deals By Year, 2011 to YTD 2017 7
Drillsearch Energy Limited, Oil & Gas Deals By Type, 2011 to YTD 2017 8
Drillsearch Energy Limited, Oil & Gas, Deals By Region, 2011 to YTD 2017 9
Drillsearch Energy Limited, Deals By Sector, 2011 to YTD 2017 10
Drillsearch Energy Limited, Oil & Gas, Deals Summary, 2011 to YTD 2017 11
Australian Oil Company Sells 7.5% Joint Venture Interest In PEL 182 In South Australia To Senex Energy And Drillsearch Energy For US$3.5 Million 13
Drillsearch Energy Completes Acquisition Of Additional 29% Interest In Tintaburra Block In Australia From Santos For US$33.5 Million 15
Acer Energy Completes Acquisition Of Three Darling Basin Permits In New South Wales From Petrel Energy For US$0.3 Million 17
Acer Energy Completes Acquisition Of Additional Interest In Oil And Gas Cooper Basin Permits From AGL Energy For US$6.2 Million 18
Acer Energy Completes Acquisition Of 23.33% Interest In PEL 100 From Sundance Energy Australia For US$1 Million 20
Acer Energy Completes Acquisition Of Additional 25% Stake In PEL 103 In Cooper Basin From SCGAU For US$5 Million 21
Drillsearch Amends Cooper Basin Joint Venture Agreement With QGC 22
Drillsearch Energy Raises US$0.21 Million Upon Exercise Of Options 23
Drillsearch Energy Raises US$0.31 Million Upon Exercise Of Options 24
Drillsearch Energy Raises US$1.3 Million Upon Exercise Of Options 25
Drillsearch Energy Issues 1.2 Million Shares 26
Drillsearch Energy Raises US$0.26 Million Through Issue Of Shares 27
Drillsearch Energy Raises US$0.27 Million Upon Exercise Of Options 28
Drillsearch Energy Completes Retail Entitlement Offering Of Shares For US$34 Million 29
Drillsearch Energy Completes Institutional Entitlement Offering Of Shares For US$18 Million 31
Drillsearch Energy Completes Private Placement Of Shares For US$51.3 Million 33
Drillsearch Energy Raises US$20.8 Million Upon Exercise Of Options 35
Ambassador Oil & Gas Completes IPO Of Shares For US$16 Million 36
Drillsearch Energy Completes Rights Offering For US$18.1 Million 37
Drillsearch Energy Completes Private Placement For US$16.9 Million 39
Drillsearch Energy Completes Private Placement Of Shares For US$15.8 Million 40
Innamincka Petroleum Completes Non-Renounceable Rights Offering For US$9.9 Million 41
Innamincka Petroleum Announces Private Placement For US$20.8 Million 42
Drillsearch Energy Completes Private Placement Of 6% Bonds Due 2018 For US$125 Million 43
Key Petroleum Completes Acquisition Of 100% Interest In Oil And Gas Prospects In Queensland From Beach Energy 44
Drillsearch Energy To Sell 40% Stake In Tintaburra Block In Australia 45
AWE Completes Acquisition Of Additional 5% Interest In T/18P Permit Offshore Australia From Drillsearch Energy 46
Beach Energy To Acquire 45% Stake In ATP 924P Oil Exploration Permit From Drillsearch 47
Real Energy Completes Acquisition Of ATP 927P and ATP 917P Permits In Cooper Basin, Australia From Drillsearch Energy 48
New Standard Energy Completes Acquisition Of 52.5% Interest In PEL 570 In Cooper Basin, South Australia From Ambassador Oil & Gas For US$38.7 Million 49
Santos Completes Acquisition Of 60% Interest In PEL106A and PEL513 In South Australia From Drillsearch Energy 51
Santos Completes Acquisition Of 25.835% Interest In PEL 100 In South Australia From Drillsearch Energy For US$13.6 Million 53
Santos Acquires 33.3% Interest In ATP 549P In Australia From Drillsearch Energy 55
Drillsearch Energy Plans To Farm-Out Interest In Seven Exploration Blocks In Cooper-Eromanga Basin, Australia 56
Drillsearch Energy Plans To Sell Its Interest In ATP 299P And ATP 783P Blocks In Eromanga Basin 57
Bridgeport Energy Completes Acquistion Of 2% Interest In Naccowlah Block ATP 259P And Jackson Load-Out Facility In Queensland For US$1.3 Million 58
Drillsearch Energy Completes Sale of Three Permits To Larus Energy 60
Bounty Oil Completes Acquisition Of 2% Interest In Naccowlah Block From Drillsearch Energy For US$1 Million 61
Beach Energy Completes Acquisition Of Remaining 95.44% Stake In Drillsearch Energy For US$264.4 Million 62
Drillsearch Energy Completes Acquisition Of Remaining 80.1% Interest In Ambassador Oil and Gas For US$41.5 Million 64
Drillsearch Energy Completes Acquisition Of 19.9% Interest In Ambassador Oil & Gas For US$7.7 Million 66
Drillsearch Energy Completes Acquisition Of Remaining 80.1% Stake In Acer Energy For US$108.4 Million 68
Drillsearch Energy Acquires 19.9% Stake In Acer Energy, Oil And Gas Company, For US$24.3 Million 70
Ambassador Oil & Gas Acquires Ambassador Exploration 71
Drillsearch Energy Limited, Key Competitors 72
Drillsearch Energy Limited, Key Employees 73
Drillsearch Energy Limited, Subsidiaries 74
List of Figures
Drillsearch Energy Limited, Oil & Gas, Deals by Type, 2011 to YTD 2017 2
Drillsearch Energy Limited, Oil & Gas, Deals By Year, 2011 to YTD 2017 2
Drillsearch Energy Limited, Oil & Gas, Deals By Region, 2011 to YTD 2017 2
Drillsearch Energy Limited, Oil & Gas, Deals By Sector, 2011 to YTD 2017 2
Drillsearch Energy Limited, Oil & Gas, Deals By Year, 2011 to YTD 2017 7
Drillsearch Energy Limited, Oil & Gas, Deals by Type, 2011 to YTD 2017 8
Drillsearch Energy Limited, Oil & Gas, Deals By Region, 2011 to YTD 2017 9
Drillsearch Energy Limited, Oil & Gas, Deals by Sector, 2011 to YTD 2017 10
