Beach Petroleum Limited (ASX:BPT)
Adelaide, April 8, 2009 AEST (ABN Newswire) - Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) announces the drilling report for the week ending 8 April, 2009.
Highlights of the week's activities include:
Egypt - South East July Concession - Gulf of Suez
South July-1 ST1 reached a final total depth of 3473 metres in the Yusr sands of the lower Rudeis Formation. As there were no hydrocarbon shows and electric logs indicate the reservoir objective Yusr Member to be water saturated, the well is being plugged and abandoned. Interests in the sidetrack are Beach Petroleum (Egypt) Pty Limited, 33.33% and Dana Petroleum (E&P) Limited, 66.67%.
-----------------------------------Well Participants-----------------------------------South July-1ST1 BPT 33.33%SE July Concession DNX* 66.67%Oil ExplorationGulf of Suez, Egypt---------------------------------------------------------Weekly Progress & Summary Primary Targets---------------------------------------------------------Report Time: 0600hrs(Egypt) 08/04/2009 Lower Rudeis FmDepth: 3473.2m(TD) Nubia SstOperation: Well is being plugged and abandoned.Progress: 87.2m-----------------------------------Well Participants-----------------------------------Tindilpie-7 BPT 20.21%PPL 140 STO* 66.60%Gas Development ORG 13.19%C/E Basin, SA---------------------------------------------------------Weekly Progress & Summary Primary Targets---------------------------------------------------------Report Time: 0600 hrs(CST) 08/04/2009 Patchawarra FmDepth: 3223m(TD) Operation: Well has been cased and suspended as a future Patchawarra Formation gas producer.Progress: 162m----------------------------------- Well Participants-----------------------------------Nephrite-2 BPT 20.21%PPL 95 STO* 66.60%Gas Development ORG 13.19%C/E Basin, SA---------------------------------------------------------Weekly Progress & Summary Primary Targets---------------------------------------------------------Report Time: 0600 hrs(CST) 08/04/2009 Patchawarra FmDepth: 1929mOperation: Drilling ahead in the Westbourne Formation.Progress: 1209m* Operator(s) Secondary TargetsBPT Beach Petroleum LtdDNX Dana Petroleum (E&P) LimitedSTO Santos LimitedORG Origin Energy Resources LTD
Contact
Hector Gordon
Chief Operating Officer
TEL: +61-8-8338-2833
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