Adelaide, Jan 28, 2009 AEST (ABN Newswire) - Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) announce the drilling report for the week ending 28 January, 2009 are attached. Highlights of the week's activities include:
Beach Petroleum Operated Cooper / Eromanga Exploration
Perlubie-1 is at a depth of 1393 metres in the basal Murta Formation. A wiper trip is being conducted prior to drilling ahead. Interests in Perlubie-1 are Beach Petroleum Ltd (75%) and Cooper Energy Ltd (25%).
Cooper/Eromanga Oil Exploration and Development - Santos Operated
In areas operated by Santos, one well was successful (Jackson-58, Beach 38.50%) and one well is in progress (Bindah-3, Beach 20.21%).
Egypt - South East July Concession - Gulf of Suez
South July-1, targeting oil in the Lower Rudeis and Nubia Formations is at a depth of 2741 metres, currently running 13 3/8 inch intermediate casing. Interests in South July-1 are Beach Petroleum (Egypt) Pty Limited, 20%, Santos Egypt Pty Ltd, 40% and Dana Petroleum (E&P) Limited, 40%.
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Well Participants
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Perlubie-1 BPT* 75.00%
PEL 92 COE 25.00%
Oil Exploration
C/E Basin, SA
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Weekly Progress & Summary Primary Targets
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Report Time: 0600 (CST) 28/01/2009 Namur Sst
Depth: 1393mRT Poolowanna Fm (s)
Operation: Conducting wiper trip prior to
drilling ahead. Birk/Hutt (s)
Progress: 1286m
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Well Participants
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South July-1 BPT 20.00%
SE July Concession STO* 40.00%
Oil Exploration DNX 40.00%
Gulf of Suez, Egypt
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Weekly Progress & Summary Primary Targets
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Report Time: 0600hrs (Egypt) 27/01/2009 Rudeis Fm
Depth: 2741m Nubia Sst
Operation: Cementing 13 3/8" casing.
Progress: 71m
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Well Participants
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Jackson-58 BPT 38.50%
PL 21 STO* 55.50%
Oil Appraisal IOR 2.00%
C/E Basin, Qld DLS 2.00%
AGF 2.00%
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Weekly Progress & Summary Primary Targets
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Report Time: 0600 hrs (AEST) 28/01/2009 Hutton Sst
Depth: 1518m (TD) Westbourne Fm (s)
Operation: Well is cased and suspended as a future Westbourne
Formation and Hutton Sandstone oil producer.
Progress: 0m
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Well Participants
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Bindah-3 BPT 20.21%
PPL 124 STO* 66.60%
Oil/Gas Development ORG 13.19%
C/E Basin, SA
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Weekly Progress & Summary Primary Targets
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Report Time: 0600 hrs (AEST) 28/01/2009 Tirrawarra Sst
Depth: 2603m Patchawarra Fm
Operation: Drilling ahead in the Patchawarra Formation.
Progress: 1683m
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Well Participants
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Tirrawarra-77 BPT 20.21%
PPL20 STO* 66.60%
Gas Appraisal ORG 13.19%
C/E Basin, SA
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Weekly Progress & Summary Primary Targets
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Report Time: 0600 hrs (CST) 28/01/2009 Patchawarra Fm
Depth: 3044m (TD) Tirrawarra Sst
Operation: Well has been plugged and abandoned
after intersecting
no commercial hydrocarbons.
Progress: 51m
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COAL SEAM GAS PROJECTS
Location Participants
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COAL SEAM GAS PROJECTS
Location Participants
PL 198 BPT 40% ..
Coal Seam Development AOE* 60%
Surat Basin, QLD
PLA 258 BPT 40%
Coal Seam Development AOE* 60%
Surat Basin, QLD
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Well Depth Operation: 0600hrs (EST) 28th January 2009
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Tipton- 146 567m (TD) Gravel packing well prior to packing up site
Meenawarra-9 59.91m Cementing surface casing.
* Operator
(s) Secondary Targets
COE Cooper Energy Resources
MIT Mitsui E&P Australia
AOE Arrow Energy NL
DNX Dana Petroleum (E&P) Limited
ORG Origin Energy Resources LTD
BPT Beach Petroleum Ltd
EPR Essential Petroleum Resources 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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Well Participants
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Perlubie-1 BPT* 75.00%
PEL 92 COE 25.00%
Oil Exploration
C/E Basin, SA
---------------------------------------------------------------
Weekly Progress & Summary Primary Targets
---------------------------------------------------------------
Report Time: 0600 (CST) 28/01/2009 Namur Sst
Depth: 1393mRT Poolowanna Fm (s)
Operation: Conducting wiper trip prior to
drilling ahead. Birk/Hutt (s)
Progress: 1286m
------------------------------------
Well Participants
------------------------------------
South July-1 BPT 20.00%
SE July Concession STO* 40.00%
Oil Exploration DNX 40.00%
Gulf of Suez, Egypt
---------------------------------------------------------------
Weekly Progress & Summary Primary Targets
---------------------------------------------------------------
Report Time: 0600hrs (Egypt) 27/01/2009 Rudeis Fm
Depth: 2741m Nubia Sst
Operation: Cementing 13 3/8" casing.
Progress: 71m
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Well Participants
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Jackson-58 BPT 38.50%
PL 21 STO* 55.50%
Oil Appraisal IOR 2.00%
C/E Basin, Qld DLS 2.00%
AGF 2.00%
---------------------------------------------------------------
Weekly Progress & Summary Primary Targets
---------------------------------------------------------------
Report Time: 0600 hrs (AEST) 28/01/2009 Hutton Sst
Depth: 1518m (TD) Westbourne Fm (s)
Operation: Well is cased and suspended as a future Westbourne
Formation and Hutton Sandstone oil producer.
Progress: 0m
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Well Participants
------------------------------------
Bindah-3 BPT 20.21%
PPL 124 STO* 66.60%
Oil/Gas Development ORG 13.19%
C/E Basin, SA
---------------------------------------------------------------
Weekly Progress & Summary Primary Targets
---------------------------------------------------------------
Report Time: 0600 hrs (AEST) 28/01/2009 Tirrawarra Sst
Depth: 2603m Patchawarra Fm
Operation: Drilling ahead in the Patchawarra Formation.
Progress: 1683m
------------------------------------
Well Participants
------------------------------------
Tirrawarra-77 BPT 20.21%
PPL20 STO* 66.60%
Gas Appraisal ORG 13.19%
C/E Basin, SA
---------------------------------------------------------------
Weekly Progress & Summary Primary Targets
---------------------------------------------------------------
Report Time: 0600 hrs (CST) 28/01/2009 Patchawarra Fm
Depth: 3044m (TD) Tirrawarra Sst
Operation: Well has been plugged and abandoned
after intersecting
no commercial hydrocarbons.
Progress: 51m
--------------------------------
COAL SEAM GAS PROJECTS
Location Participants
--------------------------------
COAL SEAM GAS PROJECTS
Location Participants
PL 198 BPT 40% ..
Coal Seam Development AOE* 60%
Surat Basin, QLD
PLA 258 BPT 40%
Coal Seam Development AOE* 60%
Surat Basin, QLD
--------------------------------------------------------------------
Well Depth Operation: 0600hrs (EST) 28th January 2009
--------------------------------------------------------------------
Tipton- 146 567m (TD) Gravel packing well prior to packing up site
Meenawarra-9 59.91m Cementing surface casing.
* Operator
(s) Secondary Targets
COE Cooper Energy Resources
MIT Mitsui E&P Australia
AOE Arrow Energy NL
DNX Dana Petroleum (E&P) Limited
ORG Origin Energy Resources LTD
BPT Beach Petroleum Ltd
EPR Essential Petroleum Resources Ltd
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