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Beach Spuds Nappamerri Well; Talks Cooper Basin Progress

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Beach Spuds Nappamerri Well; Talks Cooper Basin Progress

Beach Energy Ltd. has reported that the Ensign 965 rig spudded the Holdfast-2 horizontal well on 10 December 2012, one week after finishing work at the Marble-1 site at its Nappamerri Cooper Basin prospect. 

Other activities within the PEL 218 unconventional exploration program in the Nappamerri Trough include:

Moonta-1 vertical well expected to commence flow back imminently Marble-1 reached total depth with thickest Patchawarra Formation in the program to date Streaky-1 two remaining stimulation stages, flow back anticipated late next week Boston-1 coring program completed with elevated gas readings observed Holdfast-2 horizontal well

The Ensign 965 rig was released from the Marble-1 vertical well on Monday, 3 December 2012, and spudded the Holdfast-2 horizontal well on Monday 10…

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