OIL

Beach's big oil opportunity

PRELIMINARY results from a 2D seismic survey over Beach Energy's Lake Tanganyika South Block have confirmed a rifting structure similar to that in Lake Albert where Tullow Oil discovered more than one billion barrels of oil.

Beach's big oil opportunity

The 1800km 2D seismic survey is expected to take two months to acquire and a further seven to process and interpret. "This is an exciting exploration play for Beach as it is now only months away from...

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