BEACH ENERGY LIMITED For Immediate Release - 1 October 2014
Ref. #073/14
ASX Ltd/SGX Singapore Exchange Ltd Companies Announcement Office Electronic Lodgement System
September 2014 Highlights: Martlet-1 exploration well intersected six metres of net oil pay in the Namur Sandstone, the first
Namur oil discovery in the PEL 104/111 permits.
El Salmiya-6 development well intersected 52 metres of net pay in the primary target Kharita Sandstone. The well was flow tested at 2,880 barrels of oil per day (bopd) and 9.7 million standard cubic feet per day (MMscfd) of gas through a ¾" choke.
ASA-1X ST3 exploration well intersected seven metres of net pay in the primary target Abu Roash
"C" and 6.5 metres of net pay in the secondary target Abu Roash "E". The well was flow tested at
2,130 bopd from the "C" and 1,332 bopd from the "E".
Well | Participants | Progress and summary | Primary targets |
Pennington-3 | BPT* 40.00% DLS 60.00% | Report Tim e: 0600 hrs (CST) 01/10/2014 Depth: 1,461.5 m etres Operation: Drilling ahead. Progres s : 1,461.5 m etres | McKinlay Mem ber, Nam ur Sands tone. |
PEL 91 Oil apprais al Cooper, SA | BPT* 40.00% DLS 60.00% | Report Tim e: 0600 hrs (CST) 01/10/2014 Depth: 1,461.5 m etres Operation: Drilling ahead. Progres s : 1,461.5 m etres | McKinlay Mem ber, Nam ur Sands tone. |
Stunsail-2 | BPT* 40.00% DLS 60.00% | Report Tim e: 0600 hrs (CST) 01/10/2014 Depth: 1,814 m etres (TD) Operation: Plugged and abandoned. Progres s : 1,814 m etres | Nam ur Sands tone. |
PEL 91 Oil apprais al Cooper, SA | BPT* 40.00% DLS 60.00% | Report Tim e: 0600 hrs (CST) 01/10/2014 Depth: 1,814 m etres (TD) Operation: Plugged and abandoned. Progres s : 1,814 m etres | Nam ur Sands tone. |
Karrata-1 | BPT* 40.00% DLS 60.00% | Report Tim e: 0600 hrs (CST) 01/10/2014 Depth: 2,700 m etres (TD) Operation: Plugged and abandoned. Progres s : 2,700 m etres | Patchawarra Form ation. |
PEL 91 Gas /condens ate exploration Cooper, SA | BPT* 40.00% DLS 60.00% | Report Tim e: 0600 hrs (CST) 01/10/2014 Depth: 2,700 m etres (TD) Operation: Plugged and abandoned. Progres s : 2,700 m etres | Patchawarra Form ation. |
Martlet-1 | BPT 40.00% SXY* 60.00% | Report Tim e: 0600 hrs (CST) 01/10/2014 Depth: 2,096 m etres (TD) Operation: Cas ed and s us pended as a future Nam ur Sands tone oil producer. Progres s : 942 m etres | Nam ur Sands tone. |
PEL 104 Oil exploration Cooper, SA | BPT 40.00% SXY* 60.00% | Report Tim e: 0600 hrs (CST) 01/10/2014 Depth: 2,096 m etres (TD) Operation: Cas ed and s us pended as a future Nam ur Sands tone oil producer. Progres s : 942 m etres | Nam ur Sands tone. |
Caroowinnie Sth-1 | BPT 0.00% STO* 86.81% ORG 13.19% | Report Tim e: 0600 hrs (CST) 01/10/2014 Depth: 0 m etres Operation: Beach has elected not to participate in this well. Progres s : 0 m etres | McKinlay Mem ber Birkhead Form ation. |
PPL25 Oil apprais al C/E Bas in, SA | BPT 0.00% STO* 86.81% ORG 13.19% | Report Tim e: 0600 hrs (CST) 01/10/2014 Depth: 0 m etres Operation: Beach has elected not to participate in this well. Progres s : 0 m etres | McKinlay Mem ber Birkhead Form ation. |
Monthly Drilling Report- September 2014 BEACH
ENERGY
Weli Participants Progress and summary Prim ary targets
Caroowinnie-2 | BPT 20.21% STO' 66.60% ORG 13.19% | Report Time: 0600 hrs (CST) 01/10/2014 Depth: 1,701 m etres (ID) Operation: Cased and suspended as a future McKinlayMem ber oil producer. Progress: 1,701 metres | McKinlay Mem ber, Birkhead Formation, Murta Member. |
PPL25 Oil developm ent CIE Basin, SA | BPT 20.21% STO' 66.60% ORG 13.19% | Report Time: 0600 hrs (CST) 01/10/2014 Depth: 1,701 m etres (ID) Operation: Cased and suspended as a future McKinlayMem ber oil producer. Progress: 1,701 metres | McKinlay Mem ber, Birkhead Formation, Murta Member. |
Gaschnitz-3 | BPT 20.21% STO' 66.60% ORG 13.19% | Report Time: 0600 hrs (CST) 01/10/2014 Depth: 2,792 m etres Operation: Drilling ahead Progress: 2,792 m etres | Patchawarra Form ation, Tirrawarra Form ation. |
PPL 101 Gas exploration CIE Basin, SA | BPT 20.21% STO' 66.60% ORG 13.19% | Report Time: 0600 hrs (CST) 01/10/2014 Depth: 2,792 m etres Operation: Drilling ahead Progress: 2,792 m etres | Patchawarra Form ation, Tirrawarra Form ation. |
Durham Downs-7 ST1 | BPT 23.20% STO' 66.06% ORG 16.50% APL 0.24% | Report Time: 0600 hrs (CST) 01/10/2014 Depth: 2,758 m etres (ID) Operation: Running wireline logs. Progress: 2,511 metres | Toolachee Formation, Patchawarra Form ation. |
PL 80 Gas developm ent CIE Basin, QLD | BPT 23.20% STO' 66.06% ORG 16.50% APL 0.24% | Report Time: 0600 hrs (CST) 01/10/2014 Depth: 2,758 m etres (ID) Operation: Running wireline logs. Progress: 2,511 metres | Toolachee Formation, Patchawarra Form ation. |
Tallerangie-2 | BPT 17.14% STO' 72.32% ORG 10.54% | Report Time: 0600 hrs (CST) 01/10/2014 Depth: 3,174 metres (ID) Operation: Cased and suspended as a fUture Perm ian gas producer. Progress: 3,174 metres | Patchawarra Form ation, Tirrawarra Form ation, Epsilon Formation, Tirrawarra Sandstone. |
PPL 122 Gas developm ent CIE Basin, SA | BPT 17.14% STO' 72.32% ORG 10.54% | Report Time: 0600 hrs (CST) 01/10/2014 Depth: 3,174 metres (ID) Operation: Cased and suspended as a fUture Perm ian gas producer. Progress: 3,174 metres | Patchawarra Form ation, Tirrawarra Form ation, Epsilon Formation, Tirrawarra Sandstone. |
Andree-6 | BPT 20.21% STO' 66.60% ORG 13.19% | Report Time: 0600 hrs (CST) 01/10/2014 Depth: 3,168 metres (ID) Operation: Cased and suspender as a future Perm ian gas producer. Proqress: 3,168 metres | Patchawarra Form ation. |
PPL 238 Gas developm ent CIE Basin, SA | BPT 20.21% STO' 66.60% ORG 13.19% | Report Time: 0600 hrs (CST) 01/10/2014 Depth: 3,168 metres (ID) Operation: Cased and suspender as a future Perm ian gas producer. Proqress: 3,168 metres | Patchawarra Form ation. |
Leleptian-5 | BPT 20.21% STO' 66.60% ORG 13.19% | Report Time: 0600hrs (CST) 01/10/2014 Depth: 3,14 7 m etres (ID) Operation: Preparing to run wireline logs. Progress: 3,14 7 m etres | Patchawarra Form ation. |
PPL 238 Gas developm ent CIE Basin, SA | BPT 20.21% STO' 66.60% ORG 13.19% | Report Time: 0600hrs (CST) 01/10/2014 Depth: 3,14 7 m etres (ID) Operation: Preparing to run wireline logs. Progress: 3,14 7 m etres | Patchawarra Form ation. |
Big Lake-12 O | BPT 20.21% STO' 66.60% ORG 13.19% | Report Time: 0600 hrs (CST) 01/10/2014 Depth: 763 metres Operation: Drilling ahead. Progress: 763 metres | Patchawarra Form ation, Tirrawarra Form ation. |
PPL 11 Gas developm ent CIE Basin, SA | BPT 20.21% STO' 66.60% ORG 13.19% | Report Time: 0600 hrs (CST) 01/10/2014 Depth: 763 metres Operation: Drilling ahead. Progress: 763 metres | Patchawarra Form ation, Tirrawarra Form ation. |
Big Lake-125 | BPT 20.21% STO' 66.60% ORG 13.19% | Report Time: 0600 hrs (CST) 01/10/2014 Depth: 3,131 metres (ID) Operation: Cased and suspended as a fUture Perm ian gas producer. Progress: 3,131metres | Patchawarra Form ation, Tirrawarra Form ation, Merrimelia Formation. |
PPL 11 Gas developm ent CIE Basin, SA | BPT 20.21% STO' 66.60% ORG 13.19% | Report Time: 0600 hrs (CST) 01/10/2014 Depth: 3,131 metres (ID) Operation: Cased and suspended as a fUture Perm ian gas producer. Progress: 3,131metres | Patchawarra Form ation, Tirrawarra Form ation, Merrimelia Formation. |
Big Lake-12 6 | BPT 20.21% STO' 66.60% ORG 13.19% | Report Time: 0600 hrs (CST) 01/10/2014 Depth: 2,464 m etres Operation: Drilling ahead. Progress: 2,464 m etres | Patchawarra Form ation, Tirrawarra Form ation. |
PPL 11 Gas developm ent CIE Basin, SA | BPT 20.21% STO' 66.60% ORG 13.19% | Report Time: 0600 hrs (CST) 01/10/2014 Depth: 2,464 m etres Operation: Drilling ahead. Progress: 2,464 m etres | Patchawarra Form ation, Tirrawarra Form ation. |
Big Lake-113 | BPT 20.21% STO' 66.60% ORG 13.19% | Report Time: 0600 hrs (CST) 01/10/2014 Depth: 3,101 metres(TD) Operation: Cased and suspended as a fUture Perm ian gas producer. Progress: 477 metres | Patchawarra Form ation, Tirrawarra Form ation. |
PPL 11 Gas developm ent CIE Basin, SA | BPT 20.21% STO' 66.60% ORG 13.19% | Report Time: 0600 hrs (CST) 01/10/2014 Depth: 3,101 metres(TD) Operation: Cased and suspended as a fUture Perm ian gas producer. Progress: 477 metres | Patchawarra Form ation, Tirrawarra Form ation. |
Big Lake-114 | BPT 20.21% STO' 66.60% ORG 13.19% | Report Time: 0600 hrs (CST) 01/10/2014 Depth: 3,178 metres (ID) Operation: Cased and suspended as a fUture Perm ian gas producer. Progress: 2,546 m etres | Patchawarra Form ation, Tirrawarra Form ation. |
PPL 11 Gas developm ent CIE Basin, SA | BPT 20.21% STO' 66.60% ORG 13.19% | Report Time: 0600 hrs (CST) 01/10/2014 Depth: 3,178 metres (ID) Operation: Cased and suspended as a fUture Perm ian gas producer. Progress: 2,546 m etres | Patchawarra Form ation, Tirrawarra Form ation. |
8 Salmiya-6 | BPT 22.00% KEE' 50.00% DOV 28.00% | Report Time: 0600 hrs (lo cal) 01/10/2014 Depth: 4,114 m etres (ID) Operation: Cased and suspended as a fUture Kharita Formation oil producer. Progress: 72 m etres | Abu Roash C, E, Bahariya,Khatatba. |
Abu Sennan Oil developm ent Egwt. Western Desert | BPT 22.00% KEE' 50.00% DOV 28.00% | Report Time: 0600 hrs (lo cal) 01/10/2014 Depth: 4,114 m etres (ID) Operation: Cased and suspended as a fUture Kharita Formation oil producer. Progress: 72 m etres | Abu Roash C, E, Bahariya,Khatatba. |
ASA-1X ST3 | BPT 22.00% KEE' 50.00% DOV 28.00% | Report Time: 0600 hrs (lo cal) 01/10/2014 Depth: 3,385 m etres (ID) Operation: Cased and suspended as a future Abu Roash C & E oil produc er. Progres s: O m etres | Abu Roash C, E, |
Abu Sennan Oil exploration Egwt. Western Desert | BPT 22.00% KEE' 50.00% DOV 28.00% | Report Time: 0600 hrs (lo cal) 01/10/2014 Depth: 3,385 m etres (ID) Operation: Cased and suspended as a future Abu Roash C & E oil produc er. Progres s: O m etres | Abu Roash C, E, |
(') | Operator | ||||
BPT | Beach Erergy Ltd | OOV | Dcv er hves trrnnts Ltd | ORG | Ongin Erergy Ltd |
AFL SXY | Aus tralia Pa ciflc LNG ltd Senex Erergy ltd | KEE DLS | Kuw ait Erergy Egypt Ltd D"1llseach Erergy ltd | STO | Santos Ltd |
Monthly Drilling Report - September 2014
Neil Gibbins
Chief Operating Officer
For more information, contact the following on +61 8 8338 2833: CorporateNeil Gibbins Chief Operating Officer
Investor Relations
Chris Jamieson General Manager Investor Relations
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