Two-well Penola Trough Drilling Program Planned By Beach Energy
Drilling Activity Details
Geo Coordinate
Drilling Activity Summary
Description
In South Australia's Otway Basin, Beach Energy Ltd. has begun a two-well gas exploration drilling program to explore shales and tight sands at a depth of 2,500 to 4,000 meters. According to the Adelaide, South Australia-based company, the Penola Trough exploratories are in PRL32 permit area, where Beach is the operator with 70% interest and Cooper Energy holds the remaining 30%.
Description
In South Australia's Otway Basin, Beach Energy Ltd. has begun a two-well gas exploration drilling program to explore shales and tight sands at a depth of 2,500 to 4,000 meters. According to the Adelaide, South Australia-based company, the Penola Trough exploratories are in PRL32 permit area, where Beach is the operator with 70% interest and Cooper Energy holds the remaining 30%.