DRILLING

Beach kicks off Holdfast-1

DESPITE recent localised rain in the Cooper Basin, Beach Energy has started drilling its second shale gas well, Holdfast-1, in PEL 218.

Marija Stojkovic

Holdfast-1 was spudded on Friday and is 24 kilometres northeast of the company's first shale gas well, Encounter-1. The well is targeting the same Roseneath, Epsilon and Murteree shale formations that...

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