Beach Gets Encouraging Results From Cooper Basin Shale Well

Beach Energy has said that Encounter-1 shale well flow tested at a combined rate of over 2 MMscfd.

The second phase fracture stimulation resulted in five stages over a 250 metre section of Roseneath Shale, Epsilon Formation and Murteree Shale and delivered a peak gas flow of 1.3 MMscfd, which, when combined with the first phase fracture stimulation of the Patchawarra Formation, delivered a peak total flow for the well of up to 2.1 MMscfd.

“Our unconventional vertical exploration program for 2012 is on time and continues to build momentum. This is evidenced by the finishing of the Moonta-1 well, the fracture stimulation of the Encounter-1 well with a significant combined flow rate of over 2 MMscfd, and the Streaky-1 well, which is only a week or so away from total depth," Beach's Managing Director, Reg Nelson, said.