DRILLING

Great Artesian, Beach spud Goolwa

Great Artesian Oil and Gas and Beach Petroleum have spudded the second well in Beachs farm in pro...

Great Artesian, Beach spud Goolwa

The companies said the well was a strategic test of the Permian, Patchawarra Formation reservoirs in a structural trap in PEL 107, around 10km from the Lake Hope oil fields and 9km from the Raven gas field.

The companies are expecting either oil or liquids-rich gas in the 2800m well.

Interests are Great Artesian (60%) and Beach (40%, operator).

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