Effective 1 March 2016, Drillsearch Energy Limited is a wholly owned subsidiary of Beach Energy Limited. For latest information regarding the combined operations, please visit Beach’s web site at www.beachenergy.com.au. Please note the existing Drillsearch web site will close in due course.
Effective 1 March 2016, Drillsearch Energy Limited is a wholly owned subsidiary of Beach Energy Limited. For latest information regarding the combined operations, please visit Beach’s web site at www.beachenergy.com.au. Please note the existing Drillsearch web site will close in due course.

Glossary

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There are 13 names in this directory beginning with the letter E.
E&A
Exploration and Appraisal
E&P
Exploration and Production
EBIT
Earnings before Interest and Tax
EBITA
Earnings before Interest, Tax, Depreciation and Amortisation
Economic
In relation to petroleum reserves and resources, economic refers to the situation where the income an operation exceeds the expenses involved in, or attributable to, that operation.
Economic Interest
U.S. Treasury Regulation Sec. 1. 611-1(6)(1): An economic Interest is possessed in every case in which the taxpayer has acquired by investment any Interest in mineral in place and secures, by any form of legal relationship, income derived from the extraction of the mineral ... to which he must look for a return of his capital.
EIA
Environmental Impact Assessment
EMV
Expected Monetary Value
Entitlement
Reserves consistent with the cost recovery plus profit hydrocarbons that are recoverable under the terms of the contract or lease are typically reported by the upstream contractor.
EOR
Enhances Oil Recovery
Estimated Ultimate Recovery (EUR)
Those quantities of petroleum which are estimated, on a given date, to be potentially recoverable from an accumulation, plus those quantities already produced there from.
Estimates
Recoverable volumes for an individual accumulation or a project. In the case of reserves, and where appropriate, this range of uncertainty can be reflected in estimates for proved reserves (1P), proved plus probable reserves (2P), and proved plus probable plus possible reserves (3P) scenarios. For other resource categories, the equivalent terms Low Estimate, Best Estimate, and High Estimate are recommended.
Exploration
Prospecting for undiscovered petroleum.