Beach Ends Hervey-1 Hydraulic Stimulation Program in ATP 855 in Queensland

Icon Energy Limited reported that the ATP 855 Joint Venture has completed the Hydraulic Stimulation program at Hervey-1 well in Queensland, Australia.

The flow testing of Hervey -1 will be conducted over the coming weeks and more information will be announced upon a stabilized flow rate from the well.

Condor Energy Services has now moved the hydraulic stimulation equipment to the Etty-1 well location and the hydraulic stimulation program commenced on Saturday Oct. 11.

As the stimulation and testing program in ATP 855 progresses over the coming weeks, we will provide timely updates to the market.

Joint Venture Interests in ATP 855

  • Icon Energy Limited - 35.1 percent
  • Beach Energy Limited - 46.9 percent (Operator)
  • Chevron Australia Exploration 1 Pty Ltd - 18 percent

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