Location Of Wells
Brisbane, June 4, 2008 AEST (ABN Newswire) - Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) Weekly Drilling Report Week ending 4 June 2008. Highlights of the week's activities include:
Cooper/Eromanga Oil
- In areas operated by Santos, Mitchie-2, (Beach 20.21%) has been cased and suspended and will be completed as a commingled Tirrawarra Sandstone oil and Patchawarra Formation / Toolachee Formation gas tandem.
-------------------------------------------------------------Well Participants -------------------------------------------------------------Mitchie-2 BPT 20.21% PPL 119 STO* 66.60% Gas/Oil Appraisal ORG 13.19% C/E Basin, SA -------------------------------------------------------------Weekly Progress & Summary Primary Targets-------------------------------------------------------------Report Time: 0600 hrs (CST) 03/06/2008 Patchawarra gasDepth: 3097m (TD) Tirrawarra oilOperation: Well to be cased and suspended as a future Tirrawarra Oil and Patchawarra and Toolachee gas producer.Progress: 0m--------------------------------------------------------------------------------------------------------------------------Well Participants-------------------------------------------------------------Cowralli-9 BPT 20.21%PPL 91 STO* 66.60%Gas Development ORG 13.19%C/E Basin, SA -------------------------------------------------------------Weekly Progress & Summary Primary Targets-------------------------------------------------------------Report Time: 0600 hrs (CST) 03/06/2008 PatchawarraDepth: 3107m Tirrawarra (s)Operation: Drilling ahead in the Patchawarra FormationProgress: 1134m--------------------------------------------------------------------------------------------------------------------------Well Participants-------------------------------------------------------------Mia-1 BPT 20.21%PPL 149 STO* 66.66%Oil Appraisal Well ORG 13.19%C/E Basin, SA-------------------------------------------------------------Weekly Progress & Summary Primary Targets-------------------------------------------------------------Report Time: 0600 hrs (CST) 03/06/2008 BirkheadDepth: 1541m (TD) McKinlay (s)Operation: Preparing to plug and abandon.Progress: 1541m -------------------------------------------------------------COAL SEAM GAS PROJECTS---------------------------------------------Location Participants Well---------------------------------------------Pl 198 BPT 40% Tipton-98TCoal Seam Devel't AOE* 60% Tipton-102TSurat Basin, QLD ---------------------------------------------Depth Operation: 0600hrs (EST) 4th June 2008407.68m (TD) Wet weather standby; minor rig repairs579.6m (TD) Wet weather standby; preparing to under ream---------------------------------------------* Operator(s) secondary objectiveBPT Beach Petroleum LtdSTO Santos LimitedORG Origin Energy Resources LtdAOE Arrow Energy NL ---------------------------------------------
Contact
Hector Gordon
Chief Operating Officer
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