Exploration & Production | Drilling / Well Results
Beach Energy Spuds Otway Exploration Well
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Promising early results from Otway Basin exploration drilling.
Beach Energy Ltd has advised that it has cased and suspended the Bungaloo-1 vertical exploration well in PRL 32 (Beach 70% and operator, Cooper Energy Ltd 30%) in the onshore Otway Basin.
The well is located approximately 14 kilometres north west of the first well in the program, Jolly-1 ST1, and reached a total depth of 3,713 meters.
Both Bungaloo-1 and Jolly-1 were drilled to assess the potential for liquids rich gas within the shale and tight sandstone in the Lower Sawpit Shale and the Casterton Formation in the Penola Trough.
Approximately 181 metres of core was cut within these wells, 103 metres in Bungaloo-1 and 78 metres in Jolly-1, with analysis of the core underway to measure properties such as gas content and…
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