Beach Petroleum Limited (ASX:BPT)
Adelaide, April 1, 2009 AEST (ABN Newswire) - Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) The drilling report and well location map for the week ending 1 April, 2009 are attached.
Egypt - South East July Concession - Gulf of Suez South July-1 ST1, targeting oil in the Yusr sands of the lower Rudeis Formation, is at a depth of 3386 metres. Current operation is running in hole with a new bottom-hole assembly. Interests in the sidetrack are Beach Petroleum (Egypt) Pty Limited, 33.33% and Dana Petroleum (E&P) Limited, 66.67%.
-----------------------------------Well Participants-----------------------------------South July-1ST1 BPT 33.33%SE July Concession DNX* 66.67%Oil ExplorationGulf of Suez, Egypt-----------------------------------------------------------Weekly Progress & Summary Primary Targets-----------------------------------------------------------Report Time: 0600hrs (Egypt) 01/04/2009 Lower Rudeis FmDepth: 3386m Nubia SstOperation: Running in hole with new bottom-hole assembly.Progress: 328m---------------------------------Well Participants---------------------------------Nephrite South-5 BPT 20.21%PPL 140 STO* 66.60%Gas Development ORG 13.19%C/E Basin, SA-----------------------------------------------------------Weekly Progress & Summary Primary Targets-----------------------------------------------------------Report Time: 0600 hrs (CST) 01/04/2009 Patchawarra FmDepth: 3248m (TD)Operation: Well is cased and suspended as a future Patchawarra Formation gas producer.Progress: 0m------------------------------- Well Participants-------------------------------Tindilpie-7 BPT 20.21%PPL 140 STO* 66.60%Gas Development ORG 13.19%C/E Basin, SA----------------------------------------------------------Weekly Progress & Summary Primary Targets----------------------------------------------------------Report Time: 0600 hrs (CST) 01/04/2009 Patchawarra FmDepth: 3060mOperation: Drilling ahead in the Patchawarra Formation.Progress: 1957m------------------------------- Well Participants-------------------------------Nephrite-2 BPT 20.21%PPL 95 STO* 66.60%Gas Development ORG 13.19%C/E Basin, SA----------------------------------------------------------Weekly Progress & Summary Primary Targets----------------------------------------------------------Report Time: 0600 hrs (CST) 01/04/2009 Patchawarra FmDepth: 720mOperation: Drilling surface hole.Progress: 720m* Operator(s) Secondary TargetsBPT Beach Petroleum LtdDNX Dana Petroleum (E&P) LimitedSTO Santos LimitedORG Origin Energy Resources LTD
Contact
Hector Gordon
Chief Operating Officer
TEL: +61-8-8338-2833
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