Beach Petroleum Company News

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Beach Commences Production from Middleton Gas Project
Beach Energy has produced first gas from the PEL106B Joint Venture's Middleton gas production facility.
7:00 PM EST | January 08, 2012
Beach Says Hello to Mr. Rod Rayner
Beach Energy appoints Mr. Rod Rayner to its Executive Management Team in the role of Group Executive Strategic Business and External Affairs.
7:00 PM EST | November 10, 2011
Beach Energy Gains Majority Control of Adelaide Energy
Beach has increased its relevant interest in Adelaide Energy to 50.96% which gives Beach majority control of Adelaide Energy.
7:00 PM EST | November 09, 2011
Beach Starts Flow Stimulation at Holdfast-1
Beach advised that the flow stimulation of Holdfast-1 commenced over the weekend.
8:00 PM EST | June 13, 2011
Beach Discovers Oil at Butlers Well
Beach had its third success from as many wells in its 16 well operated program in the Western Flank of the Cooper Basin with the Butlers-2 well encountering a five meter oil column. B
8:00 PM EST | April 12, 2011
Beach Completes Drilling at Holdfast Shale Well
Beach has successfully completed drilling and evaluation of the Holdfast-1 shale gas well, with production casing to follow.
8:00 PM EST | April 05, 2011
Beach Concludes Impress Acquisition
Beach has acquired all of the outstanding shares in Impress through compulsory acquisition.
8:00 PM EST | April 05, 2011
Beach, JV Partner Commence Seismic Survey Offshore Albania
Beach and its joint venture partner San Leon advised that they have commenced a seismic survey in the Durresi Block, offshore Albania.
8:00 PM EST | March 24, 2011
Senex Proposes 10-Well Drilling Program on Growler Field
Beach has been advised by Senex of a proposed ten well drilling program on PRL 15 and PEL 104 (the Growler field) consisting of 4 development and 6 exploration wells.
7:00 PM EST | February 28, 2011
Beach to Begin Drilling in Cooper Basin
Cooper reported that drilling in PEL92 in the Cooper Basin is expected to commence within the next seven days.
7:00 PM EST | February 15, 2011
Beach to Spud Second Shale Gas Well in ND
Despite recent localized rain in the Cooper Basin, Beach is expecting to spud its second shale gas well, Holdfast-1, later Friday, Jan. 21.
7:00 PM EST | January 20, 2011
Beach Cases, Suspends Encounter-1 Well
Beach reported that the Encounter-1 well has been cased and suspended for future fracture stimulation.
7:00 PM EST | December 22, 2010
Drillsearch Announces Five-well Cooper Basin Campaign
Drillsearch Energy Limited on Thursday announced the planned drilling of five exploration wells in PEL 91 in the Cooper Basin Western Flank Oil Fairway in South Australia commencing in late January-early February 2011. PEL 91 is jointly owned by Dril
7:00 PM EST | December 08, 2010
Drillsearch, Beach to Drill 5 Wells in Cooper Basin
Drillsearch announced the planned drilling of up to five exploration wells in PEL 91 in the Cooper Basin Western Flank Oil Fairway.
8:00 PM EST | July 14, 2010
Beach Gains Great Rift Valley Access
Beach announced the execution of a PSA for a 100% interest in the Lake Tanganyika South concession with the Government of the United Republic of Tanzania.
8:00 PM EST | June 23, 2010
Beach Confirms Discovery in Gulf of Suez Concession
The NS377-5 oil development well, located in the North Shadwan Development Lease in Egypt, has intersected an oil column will be completed and connected to onshore production facilities.
7:00 PM EST | February 14, 2010
Beach Petroleum Bullish on Shale Gas, Egypt
Beach Petroleum on Thursday made bullish comments on the potential of its untapped shale gas resource in central Australia and a maiden oil discovery in Egypt, sending shares in the company up 4.6%.
7:00 PM EST | November 25, 2009
Beach, Drillsearch Test Positive at Chiton Oil Discovery Well
Beach Petroleum reported to its partner Drillsearch Energy that a flow test on the Chiton-1 oil discovery well has been successfully completed.
7:00 PM EST | November 17, 2009
Ocean Patriot Completes Drilling Program at BMG Field
Following completion of the Basker-7 development well as a future producer, the Ocean Patriot rig has departed the BMG field having completed the 2009 workover and drilling program ahead of schedule.
8:00 PM EST | September 02, 2009
Beach Petroleum to Spud Spikey Beach-1 in Bass Basin
Beach Petroleum will secure the Ocean Patriot semisub later today for the drilling of the Spikey Beach-1 exploration well in T/38P in the offshore Bass Basin.
8:00 PM EST | September 02, 2009
Transocean Comet Mobilizes to Well Location in Gulf of Suez
Beach Petroleum reported that the Transocean Comet jackup rig has moved onto the NS394-3 (Burtocal North) oil exploration well location in the Gulf of Suez.
8:00 PM EST | September 02, 2009
Marino-1 Plugged as Sub-Commercial Oil Discovery
Drillsearch and Beach Petroleum have decided to plug and abandon Marino-1 as a sub-commercial oil discovery.
8:00 PM EST | September 01, 2009
Marino-1 Partners Recover Oil Onshore Cooper Basin
The Marino-1 well has reached a total depth, and several barrels of oil were recovered from the Birkhead formation during a drillstem test conducted over the weekend.
8:00 PM EST | August 30, 2009
Beach Petroleum, Drillsearch Spy Oil Shows at Marino-1
Oil shows were encountered at the Marino-1 well, the second of a two-well program in PEL 91, following the Chiton-1 oil discovery.
8:00 PM EST | August 27, 2009
Drillsearch Issues Update on Marino-1
Drillsearch Energy Limited on Thursday issued a drilling update for the Marino-1 well, which is the second of a two-well program in PEL 91, following the Chiton-1 oil discovery.
8:00 PM EST | August 26, 2009
Drillsearch Reports Spudding of Marino-1
Drillsearch Energy Limited on Monday advised that the Marino-1 well spudded on Saturday 22 August 2009 at 23:00hrs CST.
8:00 PM EST | August 23, 2009
Drillsearch to Spud Marino-1 Following Chiton Oil Discovery
Drillsearch advised that the Marino-1 well is planned to spud on Saturday, August 22, 2009. Marino-1 is the second of a two-well program in PEL 91, following the Chiton-1 oil discovery.
8:00 PM EST | August 20, 2009
Drillsearch Cases and Suspends Chiton-1 as Future Oil Producer
Chiton-1 has been cased and suspended as a future Namur Sandstone oil producer.
8:00 PM EST | August 18, 2009
Pertamina Picks Up Stake in Offshore BMG Project
Anzon Australia has completed the sale of a 10% participating interest in Production Licenses VIC/L26, VIC/L27 and VIC/L28, offshore Victoria, which include the BMG project, to a subsidiary of Pertamina.
8:00 PM EST | August 18, 2009
Drillsearch Unlocks Modest Oil Discovery in Cooper Basin
Drillsearch Energy announced that Chiton-1, located in PEL 91 onshore Australia, is an oil discovery.
8:00 PM EST | August 16, 2009
Santos Strikes Gas in Browse Basin Offshore Western Australia
Santos has made a gas discovery at the Burnside-1ST1 exploration well in permit WA-281-P in the Browse Basin offshore Western Australia.
8:00 PM EST | August 12, 2009
BMG JV Suspends B5 Workover, Moves Ocean Patriot to B3 Well
Anzon Australia advised that the Basker-5 well workover has been suspended and the Ocean Patriot rig moved to the Basker-3 well workover.
8:00 PM EST | June 22, 2009
Beach, Cooper Spy Oil Shows at Butlers-1 in Australia
Cooper Energy announced that the Butlers-1 well has encountered oil shows in the Namur Sandstone primary target.
8:00 PM EST | June 22, 2009
Beach/Cooper JV to Spud Butlers-1 by Friday
Cooper Energy announced that the Ensign 30 rig has been released from the Perlubie South-1 location and will move to the Butlers-1 location.
8:00 PM EST | June 14, 2009
Beach Petroleum, Cooper Energy Spy Oil Shows at Perlubie South-1
Cooper Energy reported that the Perlubie South-1 exploration well in PEL92 has encountered 5 meters of oil shows between 1,313 and 1,318 meters.
8:00 PM EST | June 11, 2009
BMG Project Participants File Defense in Australian Court
Today, the participants in the BMG Project have jointly filed a Defence to the Statement of Claim in the Federal Court of Australia related to BW Offshore's claim seeking recovery costs for the BMG Phase 2 Project.
8:00 PM EST | April 16, 2009
Baker-Manta-Gummy JV Swaps Rigs, Trims Project Costs by $100MM
The Basker-Manta-Gummy JV will focus on enhancing the production performance of its Phase 1 oil project, and will cut costs for its Phase-2 gas project by $100 million.
8:00 PM EST | March 16, 2009
Cooper Energy Reports on Callawonga Production Operations
Cooper Energy has provided an update on production operations at the Callawonga oil field located in the Australia's Cooper Basin.
7:00 PM EST | March 03, 2009
Santos' Recently Spudded Chilla Well Encounters Oil
On Feb, 18, Santos commenced drilling the Chilla 3A well in the Naccowlah Block, located in ATP 259P in Australia. The well encountered oil shows, and was cased and suspended as a potential oil producer.
7:00 PM EST | February 25, 2009
BW Offshore Files Claim against BMG Project Participants
AZA received notice of a claim against the participants in the BMG Project by BW Offshore in the Federal Court of Australia seeking recovery of costs relating to terminating third party vendor contracts.
7:00 PM EST | February 19, 2009
Beach Discovers Oil in South Australian Cooper-Eromanga Basin
Beach Petroleum reports that the Perlubie-1 exploration well, in the South Australian Cooper-Eromanga Basin, has discovered oil.
7:00 PM EST | February 02, 2009
Beach's Production Increase Driven by Callawonga, Parsons Oil Fields
Beach Petroleum has continued its strong operating performance in the December quarter generating record oil production of 872,000 barrels driven by increased oil production from the Callawonga and Parsons oil fields in the Cooper basin.
7:00 PM EST | January 29, 2009
Beach Petroleum Successfully Hedges Oil Production
Beach Petroleum Limited is largely protected from declining oil prices for the remainder of the financial year, with more than half of its forecast oil production in the second half underpinned at a minimum of $US60 a barrel.
7:00 PM EST | December 23, 2008
Cooper Energy Reports on PEL110 Exploration Permit's 5-Year Renewal
Cooper Energy reported that the PEL110 exploration permit in the Cooper Basin has been renewed for a second 5 year term.
7:00 PM EST | December 18, 2008
Beach Petroleum Spuds Callawonga-5 Appraisal Well
Beach Petroleum has spudded the Callawonga-5 appraisal well in South Australia's Cooper Basin.
7:00 PM EST | December 14, 2008
West Triton Jackup Moves on to Drill Fermat-1 Offshore Australia
The West Triton jackup rig was unable to successfully jack up at the Spikey Beach-1 well location offshore Southeast Australia, and the decision has been made to move the rig to the Fermat-1 location.
7:00 PM EST | December 09, 2008
Beach Plugs-Back Burtocal Well in Egypt, Preps for Second ST Well
Beach Petroleum has issued its weekly drilling report for the week ending November 26.
7:00 PM EST | November 25, 2008
Beach Petroleum Spuds Cooper/Eromanga & Bass Basin Wells
Beach noted that it has spudded two wells, the Canunda-1 and PeeJay-1, on November 14 and 15, respectively.
7:00 PM EST | November 18, 2008
Beach Strikes Gas at Brownlow-1 in Cooper Basin
Beach Petroleum has made another significant natural gas discovery in the Cooper basin in South Australia, intersecting a a high quality gas sand in the Brownlow-1 wildcat exploration well.
7:00 PM EST | November 02, 2008
West Triton to Resume Drilling at PeeJay-1 in Mid-November
Beach Petroleum reported that rig repairs are taking place at PeeJay-1 offshore Tasmania, and that drilling at PeeJay is expected to resume in mid-November.
8:00 PM EST | October 28, 2008