DRILLING

Seacliff-1 no seachange

The Beach Petroleum - Magellan Petroleum Joint Venture in PEL 95, Cooper/Eromanga Basin, SA, has ...

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Drill stem tests reported no fluids to surface with recovery consisting of six barrels of muddy water.

Primary targets had consisted of Early Cretaceous Namur Sandstone with secondary targets in the Early Cretaceous Murta Member at a location some 85km south of Moomba.

Interests in the well were Beach Petroleum (Operator) 50% and Magellan Petroleum Australia 50%.

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