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Beach Energy Limited (ASX:BPT) (PINK:BEPTF) drilling report for the week ending 3 February, 2010. Highlights of the week's activities include: The NS 377-5 oil field development well (Beach 20%) is at a depth of 2209m(MD).
Beach Energy Limited (ASX:BPT) (PINK:BEPTF) is pleased to provide a drilling report for the week ending 27 January, 2010. Highlights of the week's activities include: The NS 377-5 oil field development well (Beach 20%) is drilling ahead at a depth of 2011m(MD).
Beach Energy Limited (ASX:BPT) (PINK:BEPTF) drilling report for the week ending 20 January, 2010 is attached. Highlights of the week's activities include: The NS 377-5 oil field development well (Beach 20%) is at a depth of 920 metres. 13 3/8 inch casing has been run and cemented and the blowout preventer is being installed.
The Nafta-1 rig has been moved to the NS 377-5 oil development well drill location (Beach 20%). NS 377-5 is designed to access oil in the Kareem Formation updip and to the north of the recently drilled and successful NS 377-3 oil development well. As with the NS377-3 well, NS 377-5 will be a high angle, deviated well, drilled from an onshore location. The well is expected to spud early next week.
Australian market Monday ended lower in a thin trade led by resources stocks, as commodities prices dropped on a sharp rise in US dollar. At the close, the benchmark S&P/ASX200 index fell 25.7 points, or 0.6 per cent, at 4676.5, while the broader All Ordinaries lost 26 points, or 0.6 per cent, to 4695.2.
Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) The drilling report for the week ending 2 December. Highlights of the week's activities include: NS377-4 (Teen) is scheduled to spud on 4 December. Operations at Paralana-2 have resumed after a week of waiting on roads to dry following heavy rainfalls in the basin.
Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) drilling report for the week ending 25 November. Highlights of the week's activities include: Production testing of NS377-3 (Beach 20%) Kareem Formation reservoir to provide data about fluid and reservoir properties has been completed. Logging information for Paralana-2 geothermal deep injector well (Beach, well Operator, earning 21%) has been acquired to 3,740m and is currently being evaluated.
Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) drilling report for the week ending 18 November, 2009 are attached. Highlights of the week's activities include: The upper 5.6 metres of the Namur Sandstone at Chiton-1 (PEL 91, Beach 40%) has been perforated and was flow-tested for an 80 minute period at an average rate of 2434 barrels oil and 226 barrels of water per day. The NS377-3 field development well (Beach 20%) has been cased and production testing to provide data about fluid and reservoir properties has been initiated. Evaluation of the Paralana-2 geothermal deep injector well (Beach, well Operator, earning 21%) has commenced.
Linc Energy Limited (ASX:LNC)(PINK:LNCGY) is pleased to announce that it has extended its Memorandum of Understanding (MOU) with BP Australia Pty Ltd. This MOU allows for BP Australia to be the first customer to purchase a minimum of 14,000 barrels per day of Ultra-Clean diesel to be produced at Linc Energy's first production plant to be commissioned in South Australia.
Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) drilling report for the week ending 11 November. Highlights of the week's activities include: 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 Paralana-2 geothermal exploration well has reached target TD of 4012 metres and the formation evaluation program is being planned.
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