Brisbane, July 3, 2008 AEST (ABN Newswire) - Beach Petroleum Limited Weekly Drilling Report Week ending 2 July 2008
The weekly drilling report for the week ending 2 July 2008 is attached.
Highlights of the week's activities include:
Cooper/Eromanga Oil
- In areas operated by Santos, one successful well was drilled (Granchio-3, Beach 20.21%), and two wells are in progress (Big Lake-88, Beach 20.21% and Deparanie-2, Beach 20.21%).
----------------------------Well Participants----------------------------Granchio-3 BPT 20.21%PPL 188 STO* 66.60%Oil Appraisal ORG 13.19%C/E Basin, SAWeekly Progress & Summary Primary TargetsReport Time: 0600 hrs (CST) 01/07/2008 McKinlayDepth: 1571m Basal Birkhead (S)Operation: Cased and suspended as future McKinlay oil producer.Progress: 257m---------------------------- Well Participants----------------------------Big Lake-88 BPT 20.21%PPL 11 STO* 66.60%Oil Development ORG 13.19%C/E Basin, SAWeekly Progress & Summary Primary TargetsReport Time: 0600 hrs (CST) 01/07/2008 HuttonDepth: 550mOperation: Running surface casingProgress: 550m----------------------------Well Participants----------------------------Deparanie-2 BPT 20.21%PPL 174 STO* 66.60%Oil Appraisal ORG 13.19%C/E Basin, SAWeekly Progress & Summary Primary TargetsReport Time: 0600 hrs (CST) 01/07/2008 NamurDepth: 1439m Tirrawarra (s)Operation: Drilling ahead in main hole.Progress: 1439m---------------------------- COAL SEAM GAS PROJECTS----------------------------Location ParticipantsPL 198 BPT 40%Coal Seam Develop't AOE*60%Surat Basin, QLDWell Depth Operation: 0600hrs (EST) 2nd July 2008Tipton - 113 392.35m Running production linerTipton -39T 133.93m Drilling ahead in main hole.Tipton - 132A 622.00m (TD) Well completed, moved to Tipton 39TTipton - 133 631.00m (TD) Wellhead installed, moved to Tipton 113* Operator(s) Secondary TargetsBPT Beach Petroleum Ltd STO Santos LimitedORG Origin Energy Resources LtdAOE Arrow Energy NL
Contact
Reg Nelson
Beach Petroleum
TEL: +61-8-8338-2833
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