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Beach Energy Provides Cooper Basin Drilling Update

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Beach Energy Provides Cooper Basin Drilling Update

A build up survey was conducted on Encounter-1 (PEL 218, Beach 100%) during August, following the extended production test of the Roseneath-Epsilon-Murteree (REM) in July. The pressure data will be analysed over the coming weeks. Halifax-1, a vertical exploration well in ATP 855P (Beach 60%, Icon Energy 40%), was spudded on the 4th August on the Ensign 916 rig. Halifax-1 will evaluate the shale gas and basin-centred gas potential in the REM and Patchawarra Formation intervals within the Queensland portion of the Nappamerri Trough.

The well is located approximately 12 kilometres northeast of Encounter-1 and has a planned total depth of 4,130 metres.

At the time of reporting a DST had been conducted over a sandstone in the Callamurra Member immediately above the Toolachee Formation which…

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