Exploration & Production | Deals - Joint Ventures | Top Story
Beach Touts Progress at Multiple Australian Unconventional Projects
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Beach Energy Ltd. has reported the following in relation to the unconventional exploration program in the South Australian Cooper Basin Joint Venture (SACB JV) (Beach 20.21%, Santos Ltd 66.6% and operator, Origin Energy Ltd 13.19%) and the Nappamerri Trough Natural Gas (NTNG) project in PEL 218 (Beach 70% and operator, Chevron Exploration Australia 1 Pty Ltd (30%)) and ATP 855 (Beach 45.9% and operator, Chevron 18% and Icon Energy Ltd 40%).
SACB JV Unconventional Gas REMThe REM exploration program is focused on the Roseneath Shale, Epsilon Formation, Murteree Shale and Patchawarra Formation. This program is being undertaken in the shallower areas of the Nappamerri Trough near existing infrastructure. Three projects have been initiated, namely Aurora, Roswell and Fortuna.
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