Beach Petroleum Limited (ASX:BPT) Weekly Drilling Report Week Ending 11 November 2009
Adelaide, Nov 12, 2009 AEST (ABN Newswire) - Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) drilling report for the week ending 11 November. Highlights of the week's activities include:
Egypt - North Shadwan Concession - Gulf of Suez
The NS377-3 field development well (Beach 20%) has been cased and the 145 metre gross vertical oil column intersected by the well is being perforated for future oil production.
The NS 394-3 [Burtocal North-1] oil exploration well (Beach 20%) has reached final total depth of 3659 metres. The well is being plugged and abandoned having failed to encounter significant hydrocarbons.
Arrowie Basin (South Australia) - Paralana-2 Geothermal Exploration Well
The Paralana-2 geothermal exploration well has reached target TD of 4012 metres and the formation evaluation program is being planned.
--------------------------------------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) 11/11/2009 Upper CannanaDepth: 4012m (TD) or Bolla BollanaOperation: Conditioning mud prior to running wire line logs and conducting temperature surveys.Progress: 148m--------------------------------------Well Participants--------------------------------------NS 394-3 BPT 20.00%(Burtocal-Nth) BP* 50.00%Oil Exploration TOE 30.00%North Shadwan, Egypt-------------------------------------------------------Weekly Progress & Summary Primary Targets------------------------------------------------------- Report Time: 0600hrs (local) 10/11/2009 Nubia SandstoneDepth: 3659m (TD)Operation: Running plug and abandoment program.Progress: 61m--------------------------------------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) 10/11/2009 Kareem FormationDepth: 2872m (1792m TVDSS)Operation: Running completion operations.Progress: 0m--------------------------------------Well Participants--------------------------------------Dullingari-40DW1 BPT 20.21%PPL 12 STO* 66.60%Gas Development ORG 13.19%C/E Basin, SA-------------------------------------------------------Weekly Progress & Summary Primary Targets-------------------------------------------------------Report Time: 0600 hrs (CST) 11/11/2009 Patchawarra FormationDepth: 2465mOperation: Drilling ahead in the Patchawarra Formation.Progress: 908m(s) Secondary Targets(*) OperatorBPT 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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