Following the program in PEL 92, two exploration wells will be drilled in PEL 91 (Beach Petroleum 40%), subject to joint venture approval. These wells will also target oil in the Namur sandstone.
Beach Petroleum Operated Geothermal Exploration – Arrowie Basin
Paralana-2, a geothermal well in the Arrowie basin is expected to commence drilling in late June 2009. The Weatherford lightening rig which will be used to drill the well to a depth of 4000 meters arrived in Port Pirie this week and is being unloaded prior to transportation to the well location. (Beach Petroleum is earning up to 36% by contributing to the cost of the Paralana project of which drilling this well is a part).
