pel 91 dls and bpt drilling

This is an extract from DLS, they and Beach are to drill two wells. Just south of Growler. They think it could be the same oil fairway.

this is an extract from DLS announcement



Drilling about to commence in PEL 91 - SA Cooper Basin
Drillsearch Energy Limited is pleased to announce that the much anticipated two well drilling campaign in PEL
91 of the South Australian Cooper Basin is about to commence. The Ensign Rig 30 is currently moving to the
Chiton-1 location where the well is expected to spud late this Saturday, 8 August 2009. Chiton-1 is the first of
two back-to-back wells to be drilled by Drillsearch and Beach Petroleum in the ‘oil fairway’ on the western
flank of the Cooper Basin. The second well will be Marino-1 (See attached map on following page).
As previously announced, the two well drilling program will target mean recoverable un-risked oil reserves
totalling 3.5 million barrels with P10 upside potential totalling 7.8 million barrels. The primary objective for
both wells is the Namur Sandstone that has proved to be a prolific oil producer at the Christies and
Callawonga oilfields along the same trend in PEL 92 immediately to the south. Recent discoveries at
Parsons-1, Perlubie-1, Perlubie South-1 and Butlers-1 have expanded this trend further to the south and
west. The ‘oil fairway’ is also prognosed to extend to the north to the Wirraway and Growler discoveries in
PEL104, where oil is being produced from the Birkhead Formation, which is a secondary objective in both
wells.