DRILLING

Beach comes up empty

BEACH Petroleum's search for oil on the north coast of Tasmania has hit a snag after its PeeJay-1 exploration well in T/39P, Bass Strait, failed to find any significant hydrocarbon deposits.

The West Triton jack-up rig is now waiting for bad weather to clear before moving to the Spikey Beach-1 well site, 40 kilometres west of PeeJay-1. It's not all bad for Beach as it also reported the Canunda-1...

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