Drillsearch Energy Limited

Australian oil production for the March quarter was 19,566 bbls, which was 25% below the prior quarter. This larger than expected decline was due to flooding in the Cooper basin affecting production combined with the ongoing natural decline of existing fields.

On April 19th and 20th at the Hilton Hotel in Sydney, ABN Newswire will be among many in Australia's booming investment community present at the 5th Annual Excellence in Oil and Gas 2010 Exhibition.

Drillsearch Energy Limited (ASX:DLS) (PINK:DRLLF) is pleased to announce a significant increase in the Prospective Resource Potential of the Western Cooper Unconventional Gas Project. Drillsearch has just completed the second phase of an independent technical review with MBA Petroleum Consultants Pty Ltd (MBA) of the Prospective unconventional gas resource potential of deep coal seams in the Permian and Triassic formations of the Western Cooper Basin. This independent technical review is an extension of the earlier work completed by MBA prior to the award of PELA 513.

ABN Newswire stocks to watch today include: Drillsearch Energy Limited (ASX:DLS) (PINK:DRLLF), Pluton Resources Limited (ASX:PLV) and Marion Energy Limited (ASX:MAE) (PINK:MAEJF).

ABN Newswire stocks to watch today include: Emergent Resources Limited (ASX:EMG), Benitec Limited (ASX:BLT)(PINK:BNIKF), Legend Mining Limited (ASX:LEG) (PINK:LGDMF) and Drillsearch Energy Limited (ASX:DLS) (PINK:DRLLF).

Drillsearch Energy Limited (ASX:DLS) (PINK:DRLLF) is pleased to announce the appointment of David Evans as the company's new Chief Technical Officer. David will oversee and manage all of the technical aspects of the company's exploration, development and production activities. David will start his role in early March 2010.

Drillsearch Energy Limited (ASX:DLS) (PINK:DRLLF) is pleased to announce that first commercial oil production has commenced at the Chiton Oil Field located in PEL 91 in the Western Flank Oil Fairway. The Chiton Oil Field is the first commercial oil discovery in PEL 91 and is owned by Drillsearch (60%) and Beach Energy Ltd (40% and operator). Chiton is a major project for Drillsearch and could potentially increase the Company's annual oil production by 200% in the near term.

Drillsearch Energy Limited (ASX:DLS) (PINK:DRLLF) is pleased to provide a Quarterly Activities Report for the period ended 31 Dcember 2009.

Drillsearch Energy Limited (ASX:DLS) (PINK:DRLLF) is pleased to advise that the Government of Western Australia Department of Mines and Petroleum has accepted its application to surrender Petroleum Exploration Permit WA-352-P. As a result of this, Drillsearch no longer has any interest in WA-352-P, which is located in the Carnarvon Basin offshore Western Australia and will remain in good standing with the Government of Western Australia.

ABN Newswire stocks to watch today include: Galaxy Resources Limited (ASX:GXY) (PINK:GALXF), Image Resources NL (ASX:IMA) (PINK:IMREF), Havilah Resources NL (ASX:HAV), Drillsearch Energy Limited (ASX:DLS) (PINK:DRLLF) and Beach Energy Limited (ASX:BPT) (PINK:BEPTF).