Beach Energy Ltd (ASX: BPT, ?Beach?) advises that the flow stimulation of Holdfast-1 commenced over the weekend.
This is the first time flow stimulation has specifically targeted shale target zones at depth in the Cooper Basin, with the flow stimulation of Holdfast-1 to be undertaken in eight stages.
It is expected that the stimulation process will be completed within two weeks, after which the flow testing will commence (early July).
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