
Cooper Energy Limited
ASX:COE ISIN:AU000000COE2
News
Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) announces the drilling report for the week ending 22 July, 2009. Highlights of the week's activities include: Willunga-1 (Beach 75%) has been plugged and abandoned after wireline logs confirmed the absence of commercial volumes of hydrocarbons in the well. The Paralana-2 geothermal exploration well (Beach earning 21%) is drilling ahead at a depth of 796 metres.
Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) drilling report for the week ending 8 July, 2009. The Ensign 30 rig will be moved to the Willunga-1 location, also in PEL 92 and located 15 km north west of the Parsons oil field. The Paralana-2 geothermal exploration well is currently drilling ahead at a depth of 480 metres in the Maree Formation. Burnside-1 has been sidetracked due to mechanical issues. Burnside-1ST1 is drilling ahead at a depth of 2320 metres.
Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) is pleased to announce that the Butlers-1 oil discovery was successfully completed as an oil producer yesterday.
Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) announces the drilling report for the week ending 1 July, 2009.
Beach Petroleum Limited's (ASX:BPT)(PINK:BEPTF) Butlers-1, the third well of a planned six well oil exploration program in PEL 92 is to be cased and suspended after intersecting a 4.5 metre oil column in high quality reservoir at the top of the Namur Sandstone. Butlers-1 is the second successive oil discovery in the current drilling campaign.
Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) drilling report for the week ending 27 May, 2009 are attached. Highlights of the week's activities include:
Beach Petroleum Limited (ASX:BPT) reports that the Perlubie-1 exploration well, in the South Australian Cooper-Eromanga Basin, has discovered oil, with wireline logs indicating a 5 metre gross oil column at the top of the Namur Sandstone.
Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) announce the drilling report for the week ending ending 7 January 2009. The drilling report for the week ending 7 January, 2009 is attached.
Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) announce the drilling report for the week ending ending 17 December 2008
Yesterday the Australia market closed lower dragged by resource sector although the central bank's aggressive rate cut of 100 basis points lifted some sentiment in late trading. The benchmark S&P/ASX200 index closed down 153 points, or 4.16 per cent, at 3,528.2, while the broader All Ordinaries index was 145.6 points, or 4.02 per cent, lower at 3,473.4. Analysts anticipate a rise today in local market with positive lead from the US and the RBA rate cut.
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