Brisbane, Aug 28, 2008 (ABN Newswire) - Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) Announce the drilling report for the week ending 27 August, 2008 are attached. In areas operated by Santos, one well is in progress (Naccowlah West-22, Beach 38.50%) and one well has been plugged and abandoned (James-2, Beach 17.14%).
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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) 26/082008 Patchawarra Fm
Depth: 2359m (2257m TVD) Tirrawarra Sst
Operation: Changing drill bit prior
to drilling ahead in Nappamerri
Group.
Progress: 1186m
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Well Participants
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Naccowlah West-22 BPT 38.50%
PL 25 STO* 55.50%
Oil Development IOR 2.00%
C/E Basin, Qld DLS 2.00%
AGF 2.00%
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Weekly Progress & Summary Primary Targets
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Report Time: 0600 hrs (CST) 26/08/2008 Hutton Sst
Depth: 1072m
Operation: Drilling ahead in the Early
Cretaceous.
Progress: 1072m
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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) 26/08/2008 Tinchoo Fm
Depth: 2456m TD
Operation: Well is plugged and abandoned.
Progress: 0m
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COAL SEAM GAS PROJECTS
Location
Pl 198
Coal Seam Develop't
Surat Basin, QLD
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Participants Well Depth Operation:0600hrs(EST) 27-08-08
BPT 40% Tipton -140 554.9m Completing under reaming.
AOE* 60% Tipton - 145 177.80m Drilling surface hole.
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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
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ENDS
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