Adelaide, Oct 1, 2008 AEST (ABN Newswire) - Beach Petroleum Limited Weekly Drilling Report Week ending 01 October 2008
Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) announce the drilling report for the week ending 1 October, 2008 are attached. Highlights of the week's activities include:
The drilling report and well location map for the week ending 1 October, 2008 are attached. Highlights of the week's activities include:
Cooper/Eromanga Oil
- In areas operated by Santos, one well has been successful (Illiad-1, Beach 30.00%) and one well is in progress
----------------------------Well Participants----------------------------Big Lake-90 BPT 20.21%PPL 11 STO* 66.60%Gas Development ORG 13.19%C/E Basin, SA ---------------------------------------------------------------Weekly Progress & Summary Primary Targets---------------------------------------------------------------Report Time: 0600 hrs (CST) 30/09/2008 Patchawarra FmDepth: 2552m Tirrawarra Sst (s)Operation: Pulling out of hole for bit change. Progress: 1028m ----------------------------Well Participants----------------------------Munkah-12 BPT 23.20%PL 60 STO* 60.06%Gas Development ORG 16.74%C/E Basin, QLD ---------------------------------------------------------------Weekly Progress & Summary Primary Targets---------------------------------------------------------------Report Time: 0600 hrs (CST) 30/09/2008 Patchawarra FmDepth: 1165m Operation: Drilling ahead in Wallumbilla Formation.Progress: 1165m ----------------------------Well Participants----------------------------Jackson South-15BPT 38.50%PL 24 STO* 55.50%Oil Development IOR 2.00% C/E Basin, Qld DLS 2.00% AGF 2.00% ---------------------------------------------------------------Weekly Progress & Summary Primary Targets---------------------------------------------------------------Report Time: 0600 hrs (CST) 30/09/2008 Westbourne FmDepth: 1081m Mid Birkhead Fm \Operation: Pulling out of hole for bit change. Hutton Sst Progress: 1081m ----------------------------Well Participants----------------------------Iliad-5 BPT 30.00% PL 34 STO* 70.00% Oil Appraisal C/E Basin, Qld ---------------------------------------------------------------Weekly Progress & Summary Primary Targets---------------------------------------------------------------Report Time: 0600 hrs (CST) 30/09/2008 Murta FmDepth: 1338m (TD) McKinlay Mem (s)Operation: Well is cased and suspended as a future Murta Formation and Mckinlay Member oil producer.Progress: 1338m --------------------------------COAL SEAM GAS PROJECTS Location Participants--------------------------------Pl 198 BPT 40% Coal Seam Develop't AOE* 60% Surat Basin, QLD --------------------------------------------------------------------Well Depth Operation: 0600hrs (EST) 1st October 2008 --------------------------------------------------------------------Tipton - 137 545m (TD) Completed as a producer. Tipton - 147 600m Mechanical standby. * Operator(s) Secondary Targets AOE Arrow Energy NLBPT Beach Petroleum Ltd ORG Origin Energy Resources LTDSTO Santos Limited AGF Australian Gas Fields LTD DLS Drillsearch Energy IOR Inland Oil Resources
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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