WITH test and logging data showing that gas flows and potential reserves are sub-economic, Beevil...
Drill Stem Test 7 in the Basal Hutton formation over the interval 2061.5 to 2067 metres recovered 89 barrels of formation water in the drill string. DST 6 flowed gas to surface at 1 million cubic feet per day. Other tests recovered little else but water and rathole mud.
The Beeville prospect is about 52km north-northeast of Moomba.
Interests in the Beeville joint venture are Stuart Petroleum Limited (operator) 20%, Hughes & Hughes Australia Pty Ltd 53.3% and Tri-C Resources Inc 26.7%.
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