Beach Petroleum Limited (ASX:BPT) Weekly Drilling Report Week ending 2 December 2009
Beach Petroleum Limited (ASX:BPT) Weekly Drilling Report Week ending 2 December 2009
Adelaide, Dec 3, 2009 AEST (ABN Newswire) - Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) The drilling report for the week ending 2 December. Highlights of the week's activities include:

Egypt - North Shadwan Concession - Gulf of Suez

NS377-4 (Teen) is scheduled to spud on 4 December. As information that will be obtained through the drilling of Teen is considered commercially sensitive, the Joint Venture will not be releasing further information on the well. Beach has a 20 percent interest in the well and the concession.

Arrowie Basin (South Australia) - Paralana-2 Geothermal Exploration Well

Operations at Paralana-2 have resumed after a week of waiting on roads to dry following heavy rainfalls in the basin. The well bore is being conditioned prior to continuing with the evaluation program (Beach, well Operator, earning 21%).
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Well                    Participants
--------------------------------------
Paralana-2              BPT*    21.00%
GEL 178                 PTR     69.00%
Geothermal Exploration  TRU     10.00%

Arrowie Basin, SA
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Weekly Progress & Summary              Primary Targets
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Report Time: 0600 hrs(CST)2/12/2009    Upper Cannana
Depth:       4012m (TD)                 or Bolla Bollana
Operation:   Conditioning hole prior to
             continuing with evaluation program.
Progress:    0m

--------------------------------------
Well                    Participants
--------------------------------------
NS377-4 (TEEN)          BPT     20.00%
Oil Development         BP*     50.00%
North Shadwan           TOE     30.00%
Egypt
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Weekly Progress & Summary              Primary Targets
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Report Time: 0600 hrs(local)1/12/2009  Kareem Formation
Depth:
Operation:   Rig move and rigging up.
Progress:

--------------------------------------
Well                    Participants
--------------------------------------
Dullingari-36DW1        BPT     20.21%
PPL 12                  STO*    66.60%
Gas Development         ORG     13.19%
C/E Basin, SA
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Weekly Progress & Summary            Primary Targets
-------------------------------------------------------
Report Time: 0600 hrs(CST)2/12/2009  Patchawarra Formation
Depth:       2607m (TD)
Operation:   Well is being cased and suspended as a future
             Patchawarra Formation gas producer.
Progress:    1021m 

(*)   Operator
BPT   Beach Petroleum Ltd
ORG   Origin Energy Resources Ltd
BP    BP Exploration (Delta)
PTR   Petratherm Ltd
TRU   TRUenergy Pty Ltd
STO   Santos Limited
TOE   TriOcean Energy


About Beach Energy Limited

Beach Energy Limited (ASX:BPT) is a long established oil and gas Exploration and Production Company, based in Adelaide, South Australia.

 


Contact

Hector Gordon
Chief Operating Officer
TEL: +61-8-8338-2833



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