Adelaide, Feb 11, 2009 AEST (ABN Newswire) - Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) announce the drilling report for the week ending 11 February 2009.
Highlights of the week's activities include: Beach Petroleum Operated Cooper / Eromanga Exploration Operations to recover logging tools continue at Perlubie-1. The well will be cased for future completion as an oil producer once the logging tools have been recovered. 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 East-2, Beach 38.5%) and one well is in progress (Muteroo-6, Beach 20.21%).
Egypt - South East July Concession - Gulf of Suez South July-1, targeting oil in the Lower Rudeis and Nubia Formations, is drilling ahead at a depth of 3324 metres. Interests in South July-1 are Beach Petroleum (Egypt) Pty Limited, 20%, Santos Egypt Pty Ltd, 40% and Dana Petroleum (E&P) Limited, 40%.
------------------------------------Well Participants------------------------------------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) 11/02/2009 Namur Sandstone Depth: 1900mRT (TD) Birk/Hutt (s)Operation: Well to be cased and completed Poolowanna Fm (s) as an oil producer. Continuing recovery of logging tools. Progress: 0m ------------------------------------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) 10/02/2009 Rudeis Fm Depth: 3324m Nubia SstOperation: Drilling ahead. Progress: 419m ------------------------------------Well Participants------------------------------------Jackson East-2 BPT 38.50% PL 23 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) 11/02/2009 Birkhead Fm Depth: 1616m (TD) Westbourne Fm (s)Operation: Well has been cased and suspended as a Hutton Sandstone oil producer. Progress: 34m ------------------------------------Well Participants------------------------------------Muteroo-6 BPT 20.21% PPL 32 STO* 66.60% Oil Development ORG 13.19% C/E Basin, Qld --------------------------------------------------------------- Weekly Progress & Summary Primary Targets---------------------------------------------------------------Report Time: 0600 hrs (AEST) 11/02/2009 Birkhead Fm Depth: 1592m Hutton SstOperation: Drilling ahead in the Adori Sandstone. Progress: 1592m ------------------------------------Well Participants------------------------------------Fly Lake-27 BPT 20.21% PPL18 STO* 66.60% Gas Development ORG 13.19% C/E Basin, SA --------------------------------------------------------------- Weekly Progress & Summary Primary Targets---------------------------------------------------------------Report Time: 0600 hrs (CST) 11/02/2009 Patchawarra Fm Depth: 2291m Operation: Drilling ahead in the Hutton Sandstone. Progress: 1432m --------------------------------COAL SEAM GAS PROJECTS Location Participants--------------------------------PL A 258 BPT 40%Coal Seam Develop't AOE* 60%Surat Basin, QLD --------------------------------------------------------------------Well Depth Operation: 0600hrs (EST) 11th February 2009--------------------------------------------------------------------Meenawarra- 348m (TD) Installed production liner; 10 rig moved to Meenawarra-7 --------------------------------COAL SEAM GAS PROJECTS Location Participants--------------------------------PLA 258 BPT 40% Coal Seam Develop't AOE* 60% Surat Basin, QLD --------------------------------------------------------------------Well Depth Operation: 0600hrs (EST) 11th February 2009--------------------------------------------------------------------Meenawarra- 458.85m (TD) Preparing to run production liner7 * Operator (s) Secondary Targets COE Cooper Energy Resources IOR Inland Oil Resources BPT Beach Petroleum Ltd DNX Dana Petroleum (E&P) Limited ORG Origin Energy Resources LTD AOE Arrow Energy NL DLS Drillsearch N.L STO Santos Limited AGF Australian Gasfields LTD
Contact
Hector Gordon
Chief Operating Officer
TEL: +61-8-8338-2833
| ||
|
