Beach Petroleum Operated Cooper / Eromanga Exploration (PEL 91)
Chiton-1 is drilling ahead at a depth of 887 metres in the Allaru Mudstone. It is expected that the well will enter the primary reservoir objective Namur Sandstone within the next 24-48 hours. Participants in Chiton-1 are Beach Petroleum Ltd, 40% and Drillsearch Energy Ltd, 60%.
Browse Basin, Offshore Western Australia - Burnside 1ST1 Gas Exploration Well
Burnside-1ST1 (Beach 7.34%) is being plugged and abandoned as planned. The well encountered low permeability sandstone in the primary reservoir objective Brewster Sandstone which is interpreted to be gas-saturated. The implications of the result are still being assessed by the Joint Venture.
Basker - Manta - Gummy (BMG) Oil Field Development - Gippsland Basin
Basker-7 (Beach 30%) has reached total depth of 3921 metres. Analysis of petrophysical data is being undertaken in order to finalise the forward program for the well.
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Well Participants
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Chiton-1 BPT* 40.00%
PEL 91 DLS 60.00%
Oil Exploration
C/E Basin, SA
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Weekly Progress & Summary Primary Targets
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Report Time: 0800 (CST) 12/08/2009 Namur Sandstone
Depth: 887m Birkhead Formation
Operation: Drilling ahead in Poolowanna Fm (s)
the Allaru Mudstone.
Progress: 231m Hutton Sandstone (s)
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Well Participants
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Paralana-2 BPT* 21.00%
GEL 178 PTR 69.00%
Geothermal Expln TRU 10.00%
Arrowie Basin, SA
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Weekly Progress & Summary Primary Targets
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Report Time: 0600 hrs (CST)12/08/2009 Upper Cannana
Depth: 1427m or Bolla Bollana
Operation: Drilling ahead in
the Erudina Formation.
Progress: 311m
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Well Participants
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Burnside-1ST1 BPT 7.34%
WA 281P (offshore) STO* 47.83%
Gas Exploration IBL 20.00%
Browse Basin, WA CVX 24.83%
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Weekly Progress & Summary Primary Targets
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Report Time: 0500 hrs (WST)12/08/2009 Lower Cretaceous
Depth: 4182m (TD)
Operation: Well is being plugged
and abandonded.
Progress: 0m
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Well Participants
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Basker-7 BPT 30.00%
Vic L26 ROC* 30.00%
Oil Development CIE 20.00%
Gippsland Basin, SJE 10.00%
VIC PTM 10.00%
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Weekly Progress & Summary Primary Targets
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Report Time: 600 hrs (AEST)12/08/2009 Latrobe Group
Depth: 3921m (TD)
Operation: Pulling out of hole
with MDT pressure tools.
Progress: 384m
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Well Participants
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Charo-5 BPT 20.21%
PPL 177 STO* 66.60%
Oil Appraisal 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)12/08/2009 Birkhead Formation
Depth: 1870m (TD) Hutton Sandstone
Operation: Pulling out of hole Namur Sandstone
prior to running
wireline logs
Progress: 1870m
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Well Participants
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Wackett-14 BPT 23.20%
PL 62 STO* 60.06%
Gas Development ORG 16.74%
C/E Basin, QLD
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Weekly Progress & Summary Primary Targets
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Report Time: 0600 hrs (CST)12/08/2009 Toolachee Formation
Depth: 1650m
Operation: Drilling ahead in the
Westbourne Formation.
Progress: 1650m
* Operator
(s) Secondary Targets
BPT Beach Petroleum Ltd
PTR Petratherm Ltd
CIE Cieco Exl & Prod
COE Cooper Energy
STO Santos Limited
ROC Roc Oil
CVX Chevron Australia Pty Ltd
TRU TRUenergy Pty Ltd
SJE Sojitz Energy
ORG Origin Energy Resources Ltd
IBL INPEX Browse, Ltd.
PTM Pertamina
About Beach Energy Limited
Beach Energy Limited (ASX:BPT) is a long established oil and gas Exploration and Production Company, based in Adelaide, South Australia.
Contact
Hector GordonChief Operating Officer
TEL: +61-8-8338-2833
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