Adelaide, Oct 22, 2008 AEST (ABN Newswire) - Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) announce the drilling report for the week ending 22 October, 2008 are attached. Highlights of the week's activities include:
Highlights of the week's activities include:
Cooper/Eromanga Oil
In areas operated by Santos, Tickalara-19 (Beach 30.00%) has been cased and suspended as a future McKinlay oil producer.
Beach Petroleum Operated Cooper / Eromanga Exploration
Brownlow-1 (PEL 106FI, Beach 50.00%), targeting lower Patchawarra Formation gas and condensate, spudded on 19 October and is currently running surface casing.
Bass Basin - Offshore Tasmania: PeeJay-1 (T/39P)
The West Triton jack-up rig is being moved to shallower waters to effect rig repairs.
----------------------------Well Participants----------------------------PeeJay-1 BPT* 50.00%T/39P BEN 50.00% Oil Exploration Bass Basin, Tas. ---------------------------------------------------------------Weekly Progress & Summary Primary Targets---------------------------------------------------------------Report Time: 0600 (AEST) 22/10/2008 Upper EasternDepth: 0m View GroupOperation: Rig repairs. Progress: 0m ----------------------------Well Participants----------------------------Brownlow-1 BPT* 50.00%PEL106 (Farmin block) DLS 50.00%Gas Exploration C/E Basin, SA ---------------------------------------------------------------Weekly Progress & Summary Primary Targets---------------------------------------------------------------Report Time: 0600 (CST) 22/10/2008 Patchawarra FmDepth: 924m Operation: Running surface casing. Progress: 924m ----------------------------Well Participants----------------------------Tickalara-19 BPT 30.00% PL 34 STO* 70.00% Oil Appraisal C/E Basin, Qld ---------------------------------------------------------------Weekly Progress & Summary Primary Targets---------------------------------------------------------------Report Time: 0600 hrs (CST) 22/10/2008 Murta FmDepth: 1486m (TD) McKinlay Mbr (s)Operation: Well is cased and suspended as a future McKinlay Member oil producer. Progress: 1227m ----------------------------Well Participants----------------------------Jackson South-14 BPT 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) 22/10/2008 Westboure Fm Depth: 1593m (1512TVD) (TD) mid Birkhead Fm / Operation: Well to be plugged and abandoned. Hutton Sst (s) Progress: 615m DST-1: Recovered 25 bbls of formation water ----------------------------Well Participants----------------------------Yawa-2 BPT 23.20% PL 111 STO* 60.06% Gas Development ORG 16.74% C/E Basin, QLD ---------------------------------------------------------------Weekly Progress & Summary Primary Targets---------------------------------------------------------------Report Time: 0600 hrs (CST) 22/10/2008 Patchawarra FmDepth: 764m Operation: Nippling up blow-out preventers. Progress: 764m ----------------------------Well Participants----------------------------Big Lake-91 BPT 20.21%PPL11 STO* 66.60%Gas Development ORG 13.19%C/E Basin, SA ---------------------------------------------------------------Weekly Progress & Summary Primary Targets---------------------------------------------------------------Report Time: 0600 hrs (CST) 22/10/2008 Patchawarra FmDepth: 1219m (1194m TVD) Tirrawarra Sst (s)Operation: Drilling ahead - directional hole. Progress: 1219m --------------------------------COAL SEAM GAS PROJECTS Location Participants--------------------------------Pl 198 BPT 40%Coal Seam Develop't AOE* 60%Surat Basin, QLD --------------------------------------------------------------------Well Depth Operation: 0600hrs (EST) 22nd October 2008 --------------------------------------------------------------------Tipton-141 553.04m (TD) Completed as future gas producer Rig moved to Tipton-138 Tipton-138 29.0m Drilling surface hole. * Operator (s) Secondary Targets AOE Arrow Energy NL BPT Beach Petroleum Ltd ORG Origin Energy Resources LTD STO Santos Limited AGF Australian Gas Fields LTD DLS Drillsearch Energy IOR Inland Oil Resources BEN Benaris Petroleum N.V
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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