BPT 0.44% $1.14 beach energy limited

egypt - at last!!

  1. 351 Posts.
    The NS 377-3 field development well (Beach 20%) has intersected a 140 metre
    gross oil column (20 metres greater than prognosed) in the Kareem Formation
    reservoir and is being cased as a future oil producer. NS 377-3, the first
    production well for the field, has been drilled from an onshore location to
    intersect the offshore oil pool 150 metres north of the GH 377-1 discovery well.
    Production from the 377 field is expected to commence into the Ras Ghara
    facility, 7 km to the north west of the 377-3 well location, in early 2010
 
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