OIL

Beach drilling program hits home straight

BEACH Petroleum has spudded Bodalla South-15, the last hole in the company’s six-well program for the Bodalla Block and ATP 269P in south-west Queensland's.

This development well is in northern portion of the the Bodalla South Oilfield in the Eromanga Basin. It is designed to access 0.2 million barrels of oil not being drained by surrounding wells.

The five previous wells in this program are all set to become oil producers.

Beach Petroleum owns 100% of the Bodalla South Field.

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