AUSTRALIA

Basin-centered concept proved up: Beach

BEACH Energy reckons Moonta-1 is proof positive that its basin-centred gas concept is real and exists in the Nappamerri Trough of PEL 218.

It told the market today that the well was flowing at a maximum controlled rate of 2.6 million cubic feet per day but was currently at 1.6MMcfd. The well flowed from a nine-stage frac in the Patchawarra...

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