Beach Petroleum Company News

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Beach Commences Production from Middleton Gas Project
Monday, January 09, 2012Beach Energy has produced first gas from the PEL106B Joint Venture's Middleton gas production facility.

Beach Says Hello to Mr. Rod Rayner
Friday, November 11, 2011Beach Energy appoints Mr. Rod Rayner to its Executive Management Team in the role of Group Executive Strategic Business and External Affairs.

Beach Energy Gains Majority Control of Adelaide Energy
Thursday, November 10, 2011Beach has increased its relevant interest in Adelaide Energy to 50.96% which gives Beach majority control of Adelaide Energy.

Beach Starts Flow Stimulation at Holdfast-1
Tuesday, June 14, 2011Beach advised that the flow stimulation of Holdfast-1 commenced over the weekend.

Beach Discovers Oil at Butlers Well
Wednesday, April 13, 2011Beach 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

Beach Completes Drilling at Holdfast Shale Well
Wednesday, April 06, 2011Beach has successfully completed drilling and evaluation of the Holdfast-1 shale gas well, with production casing to follow.

Beach Concludes Impress Acquisition
Wednesday, April 06, 2011Beach has acquired all of the outstanding shares in Impress through compulsory acquisition.

Beach, JV Partner Commence Seismic Survey Offshore Albania
Friday, March 25, 2011Beach and its joint venture partner San Leon advised that they have commenced a seismic survey in the Durresi Block, offshore Albania.

Senex Proposes 10-Well Drilling Program on Growler Field
Tuesday, March 01, 2011Beach 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.

Beach to Begin Drilling in Cooper Basin
Wednesday, February 16, 2011Cooper reported that drilling in PEL92 in the Cooper Basin is expected to commence within the next seven days.

Beach to Spud Second Shale Gas Well in ND
Friday, January 21, 2011Despite recent localized rain in the Cooper Basin, Beach is expecting to spud its second shale gas well, Holdfast-1, later Friday, Jan. 21.

Beach Cases, Suspends Encounter-1 Well
Thursday, December 23, 2010Beach reported that the Encounter-1 well has been cased and suspended for future fracture stimulation.

Drillsearch Announces Five-well Cooper Basin Campaign
Thursday, December 09, 2010Drillsearch 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

Drillsearch, Beach to Drill 5 Wells in Cooper Basin
Thursday, July 15, 2010Drillsearch announced the planned drilling of up to five exploration wells in PEL 91 in the Cooper Basin Western Flank Oil Fairway.

Beach Gains Great Rift Valley Access
Thursday, June 24, 2010Beach 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.

Beach Confirms Discovery in Gulf of Suez Concession
Monday, February 15, 2010The 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.

Beach Petroleum Bullish on Shale Gas, Egypt
Thursday, November 26, 2009Beach 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%.

Beach, Drillsearch Test Positive at Chiton Oil Discovery Well
Wednesday, November 18, 2009Beach Petroleum reported to its partner Drillsearch Energy that a flow test on the Chiton-1 oil discovery well has been successfully completed.

Ocean Patriot Completes Drilling Program at BMG Field
Thursday, September 03, 2009Following 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.

Beach Petroleum to Spud Spikey Beach-1 in Bass Basin
Thursday, September 03, 2009Beach 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.

Transocean Comet Mobilizes to Well Location in Gulf of Suez
Thursday, September 03, 2009Beach 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.

Marino-1 Plugged as Sub-Commercial Oil Discovery
Wednesday, September 02, 2009Drillsearch and Beach Petroleum have decided to plug and abandon Marino-1 as a sub-commercial oil discovery.

Marino-1 Partners Recover Oil Onshore Cooper Basin
Monday, August 31, 2009The 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.

Beach Petroleum, Drillsearch Spy Oil Shows at Marino-1
Friday, August 28, 2009Oil shows were encountered at the Marino-1 well, the second of a two-well program in PEL 91, following the Chiton-1 oil discovery.

Drillsearch Issues Update on Marino-1
Thursday, August 27, 2009Drillsearch 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.

Drillsearch Reports Spudding of Marino-1
Monday, August 24, 2009Drillsearch Energy Limited on Monday advised that the Marino-1 well spudded on Saturday 22 August 2009 at 23:00hrs CST.

Drillsearch to Spud Marino-1 Following Chiton Oil Discovery
Friday, August 21, 2009Drillsearch 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.

Drillsearch Cases and Suspends Chiton-1 as Future Oil Producer
Wednesday, August 19, 2009Chiton-1 has been cased and suspended as a future Namur Sandstone oil producer.

Pertamina Picks Up Stake in Offshore BMG Project
Wednesday, August 19, 2009Anzon 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.

Drillsearch Unlocks Modest Oil Discovery in Cooper Basin
Monday, August 17, 2009Drillsearch Energy announced that Chiton-1, located in PEL 91 onshore Australia, is an oil discovery.

Santos Strikes Gas in Browse Basin Offshore Western Australia
Thursday, August 13, 2009Santos has made a gas discovery at the Burnside-1ST1 exploration well in permit WA-281-P in the Browse Basin offshore Western Australia.

BMG JV Suspends B5 Workover, Moves Ocean Patriot to B3 Well
Tuesday, June 23, 2009Anzon Australia advised that the Basker-5 well workover has been suspended and the Ocean Patriot rig moved to the Basker-3 well workover.

Beach, Cooper Spy Oil Shows at Butlers-1 in Australia
Tuesday, June 23, 2009Cooper Energy announced that the Butlers-1 well has encountered oil shows in the Namur Sandstone primary target.

Beach/Cooper JV to Spud Butlers-1 by Friday
Monday, June 15, 2009Cooper Energy announced that the Ensign 30 rig has been released from the Perlubie South-1 location and will move to the Butlers-1 location.

Beach Petroleum, Cooper Energy Spy Oil Shows at Perlubie South-1
Friday, June 12, 2009Cooper 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.

BMG Project Participants File Defense in Australian Court
Friday, April 17, 2009Today, 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.

Baker-Manta-Gummy JV Swaps Rigs, Trims Project Costs by $100MM
Tuesday, March 17, 2009The 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.

Cooper Energy Reports on Callawonga Production Operations
Wednesday, March 04, 2009Cooper Energy has provided an update on production operations at the Callawonga oil field located in the Australia's Cooper Basin.

Santos' Recently Spudded Chilla Well Encounters Oil
Thursday, February 26, 2009On 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.

BW Offshore Files Claim against BMG Project Participants
Friday, February 20, 2009AZA 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.

Beach Discovers Oil in South Australian Cooper-Eromanga Basin
Tuesday, February 03, 2009Beach Petroleum reports that the Perlubie-1 exploration well, in the South Australian Cooper-Eromanga Basin, has discovered oil.

Beach's Production Increase Driven by Callawonga, Parsons Oil Fields
Friday, January 30, 2009Beach 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.

Beach Petroleum Successfully Hedges Oil Production
Wednesday, December 24, 2008Beach 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.

Cooper Energy Reports on PEL110 Exploration Permit's 5-Year Renewal
Friday, December 19, 2008Cooper Energy reported that the PEL110 exploration permit in the Cooper Basin has been renewed for a second 5 year term.

Beach Petroleum Spuds Callawonga-5 Appraisal Well
Monday, December 15, 2008Beach Petroleum has spudded the Callawonga-5 appraisal well in South Australia's Cooper Basin.

West Triton Jackup Moves on to Drill Fermat-1 Offshore Australia
Wednesday, December 10, 2008The 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.

Beach Plugs-Back Burtocal Well in Egypt, Preps for Second ST Well
Wednesday, November 26, 2008Beach Petroleum has issued its weekly drilling report for the week ending November 26.

Beach Petroleum Spuds Cooper/Eromanga & Bass Basin Wells
Wednesday, November 19, 2008Beach noted that it has spudded two wells, the Canunda-1 and PeeJay-1, on November 14 and 15, respectively.

Beach Strikes Gas at Brownlow-1 in Cooper Basin
Monday, November 03, 2008Beach 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.

West Triton to Resume Drilling at PeeJay-1 in Mid-November
Wednesday, October 29, 2008Beach 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.