Beach Petroleum Limited (ASX:BPT) Weekly Drilling Report Week ending 21 October 2009
Adelaide, Oct 21, 2009 AEST (ABN Newswire) - Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) drilling report for the week ending 21 October.
Highlights of the week's activities include:
Egypt - North Shadwan Concession - Gulf of Suez
The NS 394-3 [Burtocal North-1] oil exploration well (Beach 20%) is at a depth of 2998 metres. Current operation is rig repairs.
The NS 377-3 development well (Beach 20%) is drilling ahead at a depth of 1601 metres towards its extended reach target.
--------------------------------------Well Participants--------------------------------------Paralana-2 BPT* 21.00%GEL 178 PTR 69.00%Geothermal Exploration TRU 10.00%Arrowie Basin, SA-------------------------------------------------------Weekly Progress & Summary Primary Targets-------------------------------------------------------Report Time: 0600 hrs(CST) 21/10/2009 Upper CannanaDepth: 3551m or Bolla BollanaOperation: Drilling ahead.Progress: 361m--------------------------------------Well Participants--------------------------------------NS 394-3 BPT 20.00%(Burtocal North-1) BP* 50.00%Oil Exploration TOE 30.00%N. Shadwan, Egypt-------------------------------------------------------Weekly Progress & Summary Primary Targets-------------------------------------------------------Report Time: 0600hrs(local) 20/10/2009 Nubia SandstoneDepth: 2998mOperation: Rig repair.Progress: 75m--------------------------------------Well Participants--------------------------------------NS 377-3 BPT 20.00%Oil Development BP* 50.00%North Shadwan TOE 30.00%Egypt-------------------------------------------------------Weekly Progress & Summary Primary Targets-------------------------------------------------------Report Time: 0600 hrs(local) 20/10/2009 Kareem FormationDepth: 1601Operation: Drilling ahead.Progress: 403m--------------------------------------Well Participants--------------------------------------Daralingie-27 BPT 20.21%PPL 10 STO* 66.60%Gas Development ORG 13.19%C/E Basin, SA-------------------------------------------------------Weekly Progress & Summary Primary Targets-------------------------------------------------------Report Time: 0600 hrs(CST) 21/10/2009 Patchawarra FormationDepth: 756mOperation: Pressure testing blowout preventers after setting casing.Progress: 756m--------------------------------------Well Participants--------------------------------------Kercummurra-2 BPT 28.80%ATP 259P STO* 61.20%Oil Appraisal ORG 10.00%C/E Basin, QLD-------------------------------------------------------Weekly Progress & Summary Primary Targets-------------------------------------------------------Report Time: 0600 hrs(CST) 21/10/2009 Hutton SandstoneDepth: 191m Murta FormationOperation: Drilling aheadProgress: 191m(*) Operator(s) Secondary TargetsBPT Beach Petroleum LtdORG Origin Energy Resources LtdBP BP Exploration (Delta)PTR Petratherm LtdTRU TRUenergy Pty LtdSTO Santos LimitedTOE TriOcean Energy
Contact
Hector Gordon
Chief Operating Officer
TEL: +61-8-8338-2833
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