Beach Petroleum Limited (ASX:BPT) Weekly Drilling Report Week ending 9 December 2009
Adelaide, Dec 9, 2009 AEST (ABN Newswire) - Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) drilling report for the week ending 9 December. Highlights of the week's activities include:
Arrowie Basin (South Australia) - Paralana-2 Geothermal Exploration Well
The running of the 7" casing string at Paralana-2 (GEL 178) has commenced. Well completion and rig release is expected to occur in mid to late December 2009. Post casing evaluation is expected to be undertaken early in the New Year to determine the static temperature and rock properties of the basal interval of the well.
(Beach, well Operator, earning 21%).
.--------------------------------------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) 9/12/2009 Bolla Bollana Depth: 4012m (TD) FormationOperation: Running 7" casing.Progress: 0m--------------------------------------Well Participants--------------------------------------Burke-11 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) 9/12/2009 Epsilon Formation,Depth: 804m Patchawarra FormationOperation: Running surface casing.Progress: 804m(s) Secondary Targets(*) OperatorBPT Beach Petroleum LtdORG Origin Energy Resources LtdTRU TRUenergy Pty LtdPTR Petratherm LtdSTO Santos Limited
Contact
Hector Gordon
Chief Operating Officer
TEL: +61-8-8338-2833
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