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Beach Energy Hits Stacked Oil Discovery at Stunsail Project
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Beach Energy Ltd. has reported that the Stunsail-1 exploration well in PEL 91 (Beach 40 percent and operator, Drillsearch Energy Ltd. 60 percent) in Australia's Cooper Basin successfully discovered oil in stacked pay over the McKinlay/Top Namur, Mid-Namur and Birkhead reservoirs.
The Stunsail-1 well exceeded expectations by encountering a thicker column and multiple hydrocarbon bearing zones. The well intersected the McKinlay/Namur at a depth of 1,367 meters (4,484 feet) with a 10 meter column, 6 meters of which was within the highly productive Namur Sandstone. A four meter oil column was also penetrated in the mid-Namur at a depth of 1,403 meters (4,603 feet).
Additional oil shows were encountered in the deeper Birkhead Formation, with two intervals tested. The first drill stem test…
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