Drillsearch expects to book non-cash impairments in the range of A$65 million to A$75 million (US$46.1 million to US$53.2 million), on a pre-tax basis, for the first half of the current financial year, which ends 30 June.
It said on Wednesday the impairments related to the value of its longer-dated oil and gas exploration and evaluation assets as of 31 December.
It
