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Back to Posts Beach Spuds Halifax 1 in Cooper Basin

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Icon Energy reported that a vertical exploration well, Halifax 1, was spudded on 4-Aug-2012 in the ATP 855P, located in the Cooper Basin, Queensland.

Partners in the ATP 855P area: Beach (60%, operator), and Icon Energy (40%)

The Halifax 1 vertical exploration well will be:

Located 12 km to the north-east of Encounter 1, and will evaluate the shale gas potential in the REM and Patchawarra Formation Drilled to a planned TD of 4,130m, and is expected to take ~ 55 days Used to identify the best targets for a future horizontal well

Beach will be funding the first $16 million needed for Halifax 1. The company has already delivered excellent results from its Cooper Basin Nappamerri Trough unconventional gas exploration program in PEL 218, adjacent to ATP 855P.

Mr James, MD, Icon Energy, said…

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