SELGA public Neil Gibbins information session Chief Operating Officer, April 2014 Beach Energy 1
Company overview ASX 100 oil and gas explorer and producer. Key global One of the few ASX 100 operations companies based in SA. Founded in early 1960s by Reg Sprigg of Arkaroola and Ediacaran fossils fame a respected geologist…
East Australian gas supply East Coast of Australia domestic gas contracts are about to expire. East Australian Gas Basins will largely supply LNG international market. Significant supply shortfall is looming Gas prices rising…
Exploration activity in the Otway Basin Otway Basin extends from SA to Victoria onshore & offshore. Proven gas-producing basin with production from the Penola Trough, SA and in the Port Campbell area, VIC. Beach has a long history…
Otway Basin unconventional exploration NOT Coal Seam Gas (CSG) extraction. Deeply buried, organic rich shales are the source for hydrocarbons in Otway. Most conventional reservoirs in SA Otway have been depleted. If the…
The exploration process On ground activities require approval by the regulator and subject to a Statement of Environmental Objectives (SEO). Risk management process are outlined in the SEO and submitted to the regulator for…
Community Consultation During the development of the drilling SEO, Beach held public meetings in Penola and Robe (Sept 2013). Community was heard and feedback was incorporated into the SEO. Main concerns; Well design…
Well integrity A well is drilled in three stages. At the end of each stage the well is cased from the base of the well all the way to surface. A completed well has triple steel casing and cement from surface to approximately 500…
Future activity Beach only has permission to drill two wells. Future activity will require approvals & additional consultation. If fracture stimulation is considered and approved in the future it will be at depths of 3500 -…
Fracture Stimulation 10
Water Use Minimal water is required for drilling : 0.8 1 ML per well. Water is sourced from Gambier Limestone. Surface water is managed in contained plastic lined pits. Water is extracted in accordance with government…
Environmental Monitoring Groundwater monitoring at Jolly-1 has been taking place. Installed three monitoring bores into the Bridgewater formation, and one into the Gambier aquifer. All bores have been sampled to collect baseline…
General economic benefits The US experience has shown development of unconventional gas industry brings multiple benefits and has transformed the US economy. The development of unconventional gas resources in the US has been…
Benefits to the South East It is too early to say what future potential exists in the Otway Basin in SA until analysis of core samples our two exploration wells is completed This work will take up to six months. The future…
Summary Beach energy has a 50 year history of successfully working with communities and landholders. Commitment to safety. Responsible environmental custodian pioneering low impact seismic and heritage clearance processes. Have…
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