BPT 0.00% $1.28 beach energy limited

Ann: Beharra Springs Deep gas discovery, page-10

  1. Ya
    6,809 Posts.
    lightbulb Created with Sketch. 3829
    Good coverage for Beach in the local press, betcha 7grp will b happy with their holdings.

    This well is apprx 200m from Beharra Springs Plant. All that they need to do next is drill a couple of infill wells at some spacing to suss out the continuity of the Kingia gas bearing sands south of Waitsia-4. Plenty of faults, so expect things 2b compartmentalised Besides they know the gas-water contact at Waitsia, so mayb some subtle changes r going on between the 2 terraces (ie BS & W).

    Sales gas split was 87-13 betwn BS & Waitsia for the last qtr from the 0.8 PJ produced. Also WA gas is cheaper then East coast so this mayb the reason why Beach has $7.1 sales gas.
 
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