Brisbane, July 9, 2008 (ABN Newswire) - Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) Weekly Drilling Report for Week ending 9 July 2008
The weekly drilling report for the week ending 9 July 2008 is attached. Highlights of the week's activities include:
Cooper/Eromanga Oil
In areas operated by Santos, one successful well was drilled (Narcoonowie-7, Beach 20.21%), and two wells are in progress (Deparanie-2, Beach 20.21% and Big Lake-88, Beach 20.21%).
Well Participants
Big Lake-88 BPT 20.21%
PPL 11 STO* 66.60%
Oil Development ORG 13.19%
C/E Basin, SA
Weekly Progress & Summary Primary Targets
Report Time: 0600 hrs (CST) 08/07/2008 Hutton
Depth: 1984m
Operation: Drilling ahead in the Hutton Sandstone.
Progress: 1434m
Narcoonowie-7 BPT 20.21%
PPL 25 STO* 66.60%
Oil Development ORG 13.19%
C/E Basin, SA
Report Time: 0600 hrs (CST) 08/07/2008 Basal Birkhead
Depth: 1678m (TD)
Operation: Well to be cased and suspended as a future oil producer.
Progress: 1678m
Deparanie-2 BPT 20.21%
PPL 174 STO* 66.60%
Oil Appraisal ORG 13.19%
C/E Basin, SA
Report Time: 0600 hrs (CST) 08/07/2008 Namur
Depth: 2512m (TD) Tirrawarra (s)
Operation: Running wireline logs.
Progress: 1073m
COAL SEAM GAS PROJECTS
Location Participants
Pl 198 BPT 40%
Coal Seam Develop't AOE* 60%
Surat Basin, QLD
Well Depth Operation: 0600hrs (EST) 9th July 2008
Tipton - 113 392.35m (TD) Well completed, rig moved to Tipton 38T.
Tipton -39T 553m Under reaming.
Tipton - 38T 389.25m Drilling production hole.
* Operator
(s) Secondary Targets
BPT Beach Petroleum Ltd
STO Santos Limited
ORG Origin Energy Resources Ltd
AOE Arrow Energy NL
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