Beach Petroleum Limited (ASX:BPT) Weekly Drilling Report Week ending 29 July 2009
Adelaide, July 30, 2009 AEST (ABN Newswire) - Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) announces the drilling report for the week ending 22 July, 2009.
Beach Petroleum Operated Cooper / Eromanga Exploration (PEL 92)
- Murninnie-1 (Beach 75%) spudded on 24 July and is drilling ahead in the Murta Formation at a depth of 1399m.
Cooper/Eromanga Oil Exploration And Development - Santos Operated
- In areas operated by Santos, one well is in progress (Charo-4, Beach 20.21%).
Arrowie Basin (South Australia) - Paralana-2 Geothermal Exploration Well
- The Paralana-2 geothermal exploration well (Beach earning 21%) is drilling ahead at a depth of 1069 metres.
Browse Basin, Offshore Western Australia - Burnside 1ST1 Gas Exploration Well
- Burnside-1ST1 (Beach 7.34%) is drilling ahead at a depth of 3849 metres.
Basker - Manta - Gummy (BMG) Ooil Field Development - Gippsland Basin
- Basker-7 (Beach 30%) spudded on 21 July and is drilling ahead at a depth of 2512 metres.
---------------------------------Well Participants---------------------------------Murninnie-1 BPT* 75.00%PEL 92 COE 25.00%Oil ExplorationC/E Basin, SA---------------------------------------------------------Weekly Progress & Summary Primary Targets---------------------------------------------------------Report Time: 0600 (CST) 29/07/2009 Namur SandstoneDepth: 1399m Birkhead FormationOperation: Drilling ahead in the Murta Formation.Progress: 1399m --------------------------------------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)29/07/2009 Upper CannanaDepth: 1069m or Bolla BollanaOperation: Drilling ahead.Progress: 273m---------------------------------Well Participants---------------------------------Burnside-1ST1 BPT 7.34% WA 281P (offshore) STO* 47.83% Gas Exploration IBL 20.00% Browse Basin, WA CVX 24.83% ---------------------------------------------------------Weekly Progress & Summary Primary Targets---------------------------------------------------------Report Time: 0500 hrs (WST)29/07/2009 Lower CretaceousDepth: 3849mOperation: Drilling ahead.Progress: 26m ------------------------------------Well Participants------------------------------------Basker-7 BPT 30.00% Vic L26 ROC* 30.00% Oil Development CIE 20.00% Gippsland Basin, VIC SJE 10.00% PTM 10.00%---------------------------------------------------------Weekly Progress & Summary Primary Targets---------------------------------------------------------Report Time: 0600 hrs (AEST)28/07/09 Latrobe GroupDepth: 2512mOperation: Drilling ahead.Progress: 2512m---------------------------------Well Participants---------------------------------Charo-4 BPT 20.21% PPL 177 STO* 66.60% Oil Appraisal ORG 13.19% C/E Basin, SA---------------------------------------------------------Weekly Progress & Summary Primary Targets---------------------------------------------------------Report Time: 0600 hrs (CST)29/07/2009 Birkhead FormationDepth: 1820m Hutton SandstoneOperation: Drilling ahead in the Namur Sandstone Hutton Sandstone.Progress: 1820m---------------------------------Well Participants---------------------------------Wackett-15 BPT 23.20%PL 62 STO* 60.06%Gas Development ORG 16.74%C/E Basin, QLD---------------------------------------------------------Weekly Progress & Summary Primary Targets---------------------------------------------------------Report Time: 0600 hrs(CST)29/07/2009 Toolachee FormationDepth: 1336mOperation: Drilling ahead in the Cadna-owie Formation.Progress: 1336m * Operator(s) Secondary TargetsIBL INPEX Browse, Ltd.SJE Sojitz EnergyBPT Beach Petroleum LtdORG Origin Energy Resources LtdSTO Santos LimitedCIE Cieco Exl & ProdPTM PertaminaTRU TRUenergy Pty LtdCOE Cooper EnergyPTR Petratherm LtdCVX Chevron Australia Pty LtdROC Roc Oil
Contact
Hector Gordon
Chief Operating Officer
TEL: +61-8-8338-2833
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