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Beach Energy Continues Cooper Basin Drilling Program

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Beach Energy Continues Cooper Basin Drilling Program

Operated Cooper Basin Unconventional Gas Program

In Encounter-1 (PEL 218, Beach 100%) a pressure build-up survey was completed in early June of the previously fracture stimulated and tested Patchawarra Formation. The Patchawarra was then isolated and a further five fracture stimulation treatments were placed over the Roseneath, Epsilon and Murteree (REM) intervals. A sixth stage was attempted but was not pumped to completion. Early injection pressures during this stage indicated that the downhole packer integrity was not sufficient to complete the treatment within specified limits and pumping was curtailed. The well bore was cleaned out and flowback commenced to clean-up and test the newly treated interval. At the end of June the well was flowing gas at 1.0 MMscf/d with the rate steadily…

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