Perth, Aug 20, 2008 (ABN Newswire) - Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) Announce the drilling report for the week ending 20 August, 2008 are attached. Highlights of the week's activities include:
Cooper/Eromanga
In areas operated by Santos:
- One well is logging (James-2, Beach 17.14%),
- Beach has elected not to participate in casing Naccowlah South-18 (Beach 38.50%), and
- Marabooka-14 (Beach 20.21%) was cased as a gas production
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Well Participants
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Big Lake-89 BPT 20.21%
PPL 11 STO* 66.60%
Gas Development ORG 13.19%
C/E Basin, SA
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Weekly Progress & Summary Primary Targets
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Report Time: 0600 hrs (CST) 19/082008 Patchawarra
Depth: 1173m Tirrawarra
Operation: Drilling deviated hole in
Oodnadatta Formation.
Progress: 294m
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Well Participants
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Naccowlah BPT 38.50%
Sth-18 PL 25 STO* 55.50%
Oil Development IOR 2.00%
C/E Basin, SA DLS 2.00%
AGF 2.00%
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Weekly Progress & Summary Primary Targets
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Report Time: 0600 hrs (CST) 19/08/2008 Hutton
Depth: 1902m TD Sandstone
Operation: Cleaning hole. Beach have Basal Jurassic(s)
elected not to participate in the
casing and completion of this well.
Progress: 176m
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Well Participants
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James-2 BPT 17.14%
PPL 182 STO* 72.32%
Oil Appraisal ORG 10.54%
C/E Basin, SA
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Weekly Progress & Summary Primary Targets
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Report Time: 0600 hrs (CST) 19/08/2008 Tinchoo
Depth: 2456m TD Formation
Operation: Running wireline logs.
Progress: 267m
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Well Participants
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Marabooka-14 BPT 20.21%
PPL 22 STO* 66.60%
Gas Development ORG 13.19%
C/E Basin, SA
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Weekly Progress & Summary Primary Targets
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Report Time: 0600 hrs (CST) 19/08/2008 Coorikiana
Depth: 1117m TD Sandstone
Operation: Well is cased and suspended as a future
Coorikiana Sandstone gas producer.
Progress: 817m
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COAL SEAM GAS PROJECTS
Location Participants
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Pl 198 BPT 40%
Coal Seam Develop't AOE* 60%
Surat Basin, QLD
Well Depth Operation: 0600hrs (EST) 20th August 2008
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Tipton -140 201.3m Drilling ahead.
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* Operator
(s) Secondary Targets AOE Arrow Energy NL
BPT Beach Petroleum Ltd DLS Drillsearch Energy N.L
STO Santos Limited IOR Inland oil (Prod) PTY LTD
ORG Origin Energy Resources LTD AGF Australian Gas Fields LTD