Brisbane, Aug 14, 2008 AEST (ABN Newswire) - Beach Petroleum Limited (ASX:BPT) Announce the weekly drilling report for the week ending 13 August 2008. Highlights of the week's activities include:
Cooper/Eromanga Oil
- In areas operated by Santos, two wells are in progress: (James-2, Beach 17.14% and Naccowlah South-18, Beach 38.50%).
----------------------------Well Participants----------------------------Marabooka-13 BPT 20.21%PPL 22 STO* 66.60%Gas Development ORG 13.19%C/E Basin, SAWeekly Progress & Summary Primary Targets-----------------------------------------------------------Report Time: 0600 hrs (CST) 12/08/2008Depth: 1112m TD PatchawarraOperation: Well is cased and suspended Formation as a future Coorikiana Sandstone gas producer.Progress: 804m----------------------------Well Participants----------------------------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%Weekly Progress & Summary Primary Targets-----------------------------------------------------------Report Time: 0600 hrs (CST) 12/08/2008 HuttonDepth: 1726m SandstoneOperation: Drilling ahead in the Basal Jurassic(s) Hutton Sandstone.Progress: 1711m----------------------------Well Participants----------------------------James-2 BPT 17.14%PPL 182 STO* 72.32%Oil Appraisal ORG 10.54%C/E Basin, SAWeekly Progress & Summary Primary Targets-----------------------------------------------------------Report Time: 0600 hrs (CST) 12/08/2008 TinchooDepth: 2189m FormationOperation: Drilling ahead in the Hutton Sandstone.Progress: 292m----------------------------Well Participants----------------------------Marabooka-14 BPT 20.21%PPL 22 STO* 66.60% Gas Development ORG 13.19%C/E Basin, SAWeekly Progress & Summary Primary Targets-----------------------------------------------------------Report Time: 0600 hrs (CST) 12/08/2008 CoorikianaDepth: 300mOperation: Rigging to cement surface casing.Progress: 300m----------------------COAL SEAM GAS PROJECTS----------------------Location ParticipantsPl 198 BPT 40%Coal Seam AOE* 60%Develop'tSurat Basin, QLD------------------------------------------------------------Well Depth Operation:0600hrs (EST) 13 Aug. 2008------------------------------------------------------------Tipton - 44T 552.5m Well is completed.------------------------------------------------------------* Operator(s) Secondary TargetsASX:BPT Beach Petroleum LtdASX:STO Santos LimitedASX:ORG Origin Energy Resources LTDASX:AOE Arrow Energy NLASX:DLS Drillsearch Energy N.LASX:IOR Inland oil (Prod) PTY LTDASX:AGF Australian Gas Fields LTD
Contact
Reg Nelson
Beach Petroleum
08 8338 2833
Mark Lindh
Adelaide Equity
0414 551 361
Ian Howarth
Farrington National
03 9223 2455
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