Operator Stuart told the Australian Stock Exchange that drill stem test 3 run over the interval 1196.1-1199m in the McKinlay Member recovered two barrels of oil in the drill pipe.
DSTs 4 and 5 were mis-runs and as a result, the Murta Member will be evaluated further during completion operations.
Stuart holds a 66.7% stake in Might & Power-1, while Beach owns the remaining 33.3%.
Might & Power-1, named after a racehorse that won the 1997 Melbourne Cup, was the second well to be drilled in Stuart's four-well, back-to-back drilling program.
The first well, Tawriffic East-1 in PEL 93, was plugged and abandoned after failing to encounter hydrocarbons.