BEACH ENERGY LIMITED 
By For Immediate Release - 8 January 2014
Ref. #001/14
ASX Ltd/SGX Singapore Exchange Ltd Companies Announcement Office Electronic Lodgement System
AUSTRALIA Nappamerri Trough Natural GasDecember 2013
In PEL 218 (Beach Energy Ltd (Beach) 70% and operator, Chevron Australia Exploration 1 Pty Ltd
(Chevron) 30%), the Boston-3 horizontal well was cased and suspended and the rig was released on
3 December 2013.
The drilling campaign in the Nappamerri Trough in ATP 855 (Beach 46.9% and operator, Icon Energy Ltd 35.1%, Chevron 18%) continued in December 2013. Geoffrey-1 vertical exploration well reached a total depth of 4,124 metres on 9 December 2013. High levels of gas were encountered in the Permian section. Redland-1, a vertical exploration well, was spudded on 15 December 2013 and is currently running and cementing intermediate casing. Redland-1 will target the Toolachee and Daralingie Formations in a structurally deep location in the Nappamerri Trough.
A drilling campaign of at least four wells has commenced in the Growler area (PPL 242, Beach 40% and Senex Energy Limited 60% and operator). Growler-13, an exploration well to the northeast of Growler-6, intersected an oil-saturated Birkhead interval and has been cased and suspended awaiting further evaluation.
Cooper-Eromanga Oil - Queensland
A three well oil development campaign in the 100% Beach fields of Kenmore and Bodalla South in southwest Queensland concluded with Bodalla South-21 which was cased and suspended as a future Basal Jurassic oil producer.
A two well exploration campaign in southwest Queensland commenced in December. Peregian-1 in
ATP 269 (Beach 93.21% and operator, Gidgealpa Oil Pty Ltd 6.79%) is located approximately 8km
Monthly Drilling Report - December 2013
southwest of the Kenmore Oilfield and was designed to test the oil potential of the Jurassic strata. Peregian-1 was drilled to total depth of 1,560 metres and was plugged and abandoned due to lack of pay.
Beach also drilled Tangalooma-1 in ATP 732 (Beach 50% and operator of farmin, Bengal Energy Limited 50%) located on the south flank of the Queensland Cooper Basin. Tangalooma-1 is the first well of an exploration program that will fulfil Beach's farm-in obligations in ATP 732. The primary objective of Tangalooma-1 was the Hutton Sandstone which is oil productive in multiple fields in this part the Cooper Basin. The well failed to intersect hydrocarbons and was plugged and abandoned.
In the gas exploration program in Queensland, the Marama West-1 well (Beach 23.8%, Santos Ltd (Santos) 61.2% and operator, Origin Energy Resources Ltd (Origin) 10%) was drilled to a total depth of 3,028 metres and cased and suspended as a Wimma Sandstone Member, Paning Member, Toolachee Formation and Basement gas discovery. Marama West -1 was the third well of a three well gas exploration program, consisting of Bolah-1, Kaiden -1 and Marama West-1. All three wells were
gas discoveries.
Page 2
Monthly Drilling Report - December 2013
In the gas development program in Queensland (Beach 23.2%, Santos 60.06% and operator, Origin 16.5%, Australian Pacific LNG (APL) 0.24%), a three well drilling program has commenced on the Barrolka Field targeting the Toolachee Formation. Surface hole has been drilled at Barrolka-11 (total depth 880 metres), Barrolka-12 (total depth 880 metres) and Barrolka-13 (total depth
880 metres). Production hole will now be drilled at each location commencing with Barrolka-12.
Drilling continued in the five well Zeus-Minos-Tennaperra oil development campaign in southwest Queensland (Beach 30%, Santos 70% and operator). The fourth well, Minos-2, was cased and suspended as a future Birkhead Formation oil producer. The final well in the five well campaign, Tennaperra-3 recommenced drilling on the 9 December (top hole was spudded 23 November), and was cased and suspended as a future Birkhead Formation oil producer.
In the South Australian Cooper Basin Joint Venture (SACB JV) (Beach 20.21%, Santos 66.6% and operator, Origin 13.19%) gas development program, the Moomba-197 well was drilled to a total depth of 3,166 metres and was cased and suspended as a Toolachee/Daralingie/Epsilon/Patchawarra gas producer. The Moomba-197 well is a stand-alone conventional vertical well on the Moomba North Field located approximately two kilometres from the Moomba North Pad. On the four well Moomba North Pad, the program was completed with the drilling of the Moomba-200 and Moomba-
201 wells. Moomba-200 was drilled to a total depth of 3,184 metres and Moomba-201 was drilled to a total depth of 3,370 metres. Both wells were cased and suspended as Toolachee/Daralingie/Epsilon/Patchawarra gas producers. Moomba-202 is drilling ahead at 1,066 metres. This is a vertical well on the south part of the Moomba Field.
Big Lake-97 the third of five wells on the Big Lake well pad is currently drilling ahead at 2,542 metres. Big Lake-95 was drilled to a total depth of 3,126 metres and Big Lake-96 was drilled to a total depth of 2,997 metres. Both these wells were cased and suspended as Toolachee/Epsilon/Patchawarra/ Tirrawarra gas producers.
In the SACB JV unconventional gas appraisal program, the Roswell-2 horizontal well in the Roseneath Shale was drilled to a total depth of 3,481 metres and has been cased and suspended for future fracture stimulation of the ~550 metre horizontal section of the Roseneath Shale drilled in this well. Roswell-2 will be subject to surface microseismic monitoring.
Moomba-193 is currently drilling ahead at 2,374 metres. This well is planned to drill a 900 metre horizontal section in the Murteree Shale which will be fracture stimulated with microseismic
monitoring to be undertaken from the nearby vertical Moomba-192 well.
Page 3
Monthly Drilling Report - December 2013
El Salmiya-3 spudded on 8 November 2013 has set 9 5/8" casing and is drilling ahead at
3,714 metres in the Cretaceous Abu Roash Formation. The well is designed to appraise the oil discovery from July this year in the lower Cretaceous Kharita Formation. El Salmiya-2 flowed 3,530 barrels of oil per day on Drillstem test. Secondary objectives are to appraise the Abu Roash and Bahariya Formation discoveries.
Well | Participants | Progress & Summary | Primary Targets |
Tangalooma-1 | BPT* 50.00% BGE 50.00% | Report Tim e: 0600 (CST) 08/01/2014 Depth: 1558m (TD) Operation: Well is plugged and abandoned Progres s : 1558m | Hutton Sands tone, Cadna-owie Form ation. |
ATP 732 Oil Exploration Cooper, QLD | BPT* 50.00% BGE 50.00% | Report Tim e: 0600 (CST) 08/01/2014 Depth: 1558m (TD) Operation: Well is plugged and abandoned Progres s : 1558m | Hutton Sands tone, Cadna-owie Form ation. |
Peregian-1 | BPT* 93.21% GGO 6.79% | Report Tim e: 0600 (CST) 08/01/2014 Depth: 1560m (TD) Operation: Well is plugged and abandoned Progres s : 1560m | Hutton Sands tone, Birkhead Form ation, Wes tbourne Form ation, Bas al Juras s ic. |
ATP 269 Oil Exploration Cooper, QLD | BPT* 93.21% GGO 6.79% | Report Tim e: 0600 (CST) 08/01/2014 Depth: 1560m (TD) Operation: Well is plugged and abandoned Progres s : 1560m | Hutton Sands tone, Birkhead Form ation, Wes tbourne Form ation, Bas al Juras s ic. |
Bodalla South-21 | BPT* 100.00% | Report Tim e: 0600 (CST) 08/01/2014 Depth: 1713m (TD) Operation: Well is cas ed and s us pended as a future Bas al Juras s ic oil producer. Progres s : 1495m | Bas al Juras s ic, Birkhead Form ation, Hutton Sands tone. |
PL 31 Oil Developm ent Cooper, SA | BPT* 100.00% | Report Tim e: 0600 (CST) 08/01/2014 Depth: 1713m (TD) Operation: Well is cas ed and s us pended as a future Bas al Juras s ic oil producer. Progres s : 1495m | Bas al Juras s ic, Birkhead Form ation, Hutton Sands tone. |
Grow ler-13 | BPT 40.00% SXY* 60.00% | Report Tim e: 0600 (CST) 08/01/2014 Depth: 1836m (TD) Operation: Well is cas ed and s us pended pending further evaluation Progres s : 1836m | Birkhead Form ation |
PPL 242 Oil Exploration Cooper, SA | BPT 40.00% SXY* 60.00% | Report Tim e: 0600 (CST) 08/01/2014 Depth: 1836m (TD) Operation: Well is cas ed and s us pended pending further evaluation Progres s : 1836m | Birkhead Form ation |
Redland-1 | BPT* 46.90% CVX 18.00% ICN 35.10% | Report Tim e: 0600 hrs (CST) 08/01/2014 Depth: 2883m Operation: Drilling ahead. Progres s : 2883m | Toolachee Form ation. Daralingie Form ation |
ATP 855 Nappam erri Trough Natural Gas -Exploration Cooper, QLD | BPT* 46.90% CVX 18.00% ICN 35.10% | Report Tim e: 0600 hrs (CST) 08/01/2014 Depth: 2883m Operation: Drilling ahead. Progres s : 2883m | Toolachee Form ation. Daralingie Form ation |
Geoffrey-1 | BPT* 46.90% CVX 18.00% ICN 35.10% | Report Tim e: 0600 hrs (CST) 08/01/2014 Depth: 4124m (TD) Operation: Well is cas ed and s us pended for further evaluation. Progres s : 145.2m | Ros eneath Shale, Eps ilon Form ation, Murteree Shale, Patchawarra Form ation, Toolachee Form ation. |
ATP 855 Nappam erri Trough Natural Gas -Exploration Cooper, QLD | BPT* 46.90% CVX 18.00% ICN 35.10% | Report Tim e: 0600 hrs (CST) 08/01/2014 Depth: 4124m (TD) Operation: Well is cas ed and s us pended for further evaluation. Progres s : 145.2m | Ros eneath Shale, Eps ilon Form ation, Murteree Shale, Patchawarra Form ation, Toolachee Form ation. |
Page 4
Monthly Drilling Report- December 2013 BEACH
ENERGY
Drilling Report - Period ending Wednesday 8th January 2014Weli Participants Progress & Summary Primary Targets
Barrolka-13 | BPT 23.20% STO' 60.06% ORG 16.50% .APL 0.24% | ReportTime: 0600hrs (CDT) 08/0112014 Depth: 854.0m (TD) Operation: Set 9 518" Casing. Rig Released. 854.0m | Toolachee Formation Patchawarra Formation. |
PL 112 Gas Development CIE Basin, QLD | BPT 23.20% STO' 60.06% ORG 16.50% .APL 0.24% | ReportTime: 0600hrs (CDT) 08/0112014 Depth: 854.0m (TD) Operation: Set 9 518" Casing. Rig Released. 854.0m | Toolachee Formation Patchawarra Formation. |
Barrolka-12 | BPT 23.20% STO' 60.06% ORG 16.50% .APL 0.24% | ReportTime: 0600hrs (CDT) 08/0112014 Depth: 854.66m Operation: Re-entering well. Om | Toolachee Formation Patchawarra Formation. |
PL 112 Gas Development CIE Basin, QLD | BPT 23.20% STO' 60.06% ORG 16.50% .APL 0.24% | ReportTime: 0600hrs (CDT) 08/0112014 Depth: 854.66m Operation: Re-entering well. Om | Toolachee Formation Patchawarra Formation. |
Mnos-2 | BPT 30.00% STO' 70.00% | ReportTime: 0600hrs (CDT) 08/0112014 Depth: 1783m (TD) Operation: Vlell is cased and suspended as a fUture Birkhead Formation oil producer. Om | Birkhead Formation, Vlestbourne Formation, Namur Sandstone. |
PL 301 Oil Development CIE Basin, QLD | BPT 30.00% STO' 70.00% | ReportTime: 0600hrs (CDT) 08/0112014 Depth: 1783m (TD) Operation: Vlell is cased and suspended as a fUture Birkhead Formation oil producer. Om | Birkhead Formation, Vlestbourne Formation, Namur Sandstone. |
Barrolka-11 | BPT 23.20% STO' 60.06% ORG 16.50% .APL 0.24% | ReportTime: 0600hrs (CDT) 08/0112014 Depth: 858m (TD) Operation: Set 9 518" Casing. Rig Released. Om | Toolachee Formation Patchawarra Formation. |
PL 112 Gas Development CIE Basin, QLD | BPT 23.20% STO' 60.06% ORG 16.50% .APL 0.24% | ReportTime: 0600hrs (CDT) 08/0112014 Depth: 858m (TD) Operation: Set 9 518" Casing. Rig Released. Om | Toolachee Formation Patchawarra Formation. |
MaramaWest-1 | BPT 23.20% STO' 60.06% ORG 16.50% .APL 0.24% | ReportTime: 0600hrs (CDT) 08/0112014 Depth: 3457m Operation: Vlell is cased and suspended as a fUture Permian gas producer. 3157m | Paning Sand Member, Toolebuc Formation, Toolachee Formation. |
ATP259 Gas Exploration CIE Basin, QLD | BPT 23.20% STO' 60.06% ORG 16.50% .APL 0.24% | ReportTime: 0600hrs (CDT) 08/0112014 Depth: 3457m Operation: Vlell is cased and suspended as a fUture Permian gas producer. 3157m | Paning Sand Member, Toolebuc Formation, Toolachee Formation. |
Tennaperra-3 | BPT 30.00% STO' 70.00% | ReportTime: 0600hrs (CDT) 08/0112014 Depth: 1829m (TD) Operation: Vlell is cased and suspended as a fUture Birkhead Formation oil producer. 1331m | Birkhead Formation, Vlestbourne Formation. |
PL 168 Oil Development CIE Basin, QLD | BPT 30.00% STO' 70.00% | ReportTime: 0600hrs (CDT) 08/0112014 Depth: 1829m (TD) Operation: Vlell is cased and suspended as a fUture Birkhead Formation oil producer. 1331m | Birkhead Formation, Vlestbourne Formation. |
Biglake-97 | BPT 20.21% STO' 66.60% ORG 13.19% | ReportTime: 0600 hrs (CST) 08/0112014 Depth: 2542m Operation: Drilling ahead. Progress: 2542m | Patchawarra Formation, Tirrawarra Formation. |
PPL 11 Gas Development CIE Basin, SA | BPT 20.21% STO' 66.60% ORG 13.19% | ReportTime: 0600 hrs (CST) 08/0112014 Depth: 2542m Operation: Drilling ahead. Progress: 2542m | Patchawarra Formation, Tirrawarra Formation. |
Biglake-96 | BPT 20.21% STO' 66.60% ORG 13.19% | ReportTime: 0600 hrs (CST) 08/0112014 Depth: 2997m (TD) Operation: Vlell is cased and suspended as a fUture Permian gas producer. Progress: 2997m | Patchawarra Formation, Tirrawarra Formation. |
PPL 11 Gas Development CIE Basin, SA | BPT 20.21% STO' 66.60% ORG 13.19% | ReportTime: 0600 hrs (CST) 08/0112014 Depth: 2997m (TD) Operation: Vlell is cased and suspended as a fUture Permian gas producer. Progress: 2997m | Patchawarra Formation, Tirrawarra Formation. |
Moomba-202 | BPT 20.21% STO' 66.60% ORG 13.19% | ReportTime: 0600 hrs (CST) 08/0112014 Depth: 1066m Operation: Drilling head. Progress: 1066m | Roseneath Shale, Epsilon Formation, Patchawarra Formation, Toolachee Formation. |
PPL 11 Gas Appraisal CIE Basin, SA | BPT 20.21% STO' 66.60% ORG 13.19% | ReportTime: 0600 hrs (CST) 08/0112014 Depth: 1066m Operation: Drilling head. Progress: 1066m | Roseneath Shale, Epsilon Formation, Patchawarra Formation, Toolachee Formation. |
Moomba-193 | BPT 20.21% STO' 66.60% ORG 13.19% | ReportTime: 0600 hrs (CST) 08/0112014 Depth: 2374m Operation: Drilling ahead. Progress: 2374m | Roseneath Shale, Epsilon Formation, Patchawarra Formation, Toolachee Formation. |
PPL 7 Gas Appraisal CIE Basin, SA | BPT 20.21% STO' 66.60% ORG 13.19% | ReportTime: 0600 hrs (CST) 08/0112014 Depth: 2374m Operation: Drilling ahead. Progress: 2374m | Roseneath Shale, Epsilon Formation, Patchawarra Formation, Toolachee Formation. |
Moomba-201 | BPT 20.21% STO' 66.60% ORG 13.19% | ReportTime: 0600 hrs (CST) 08/0112014 Depth: 3370m (TD) Operation: Vlell is cased and suspended as a fUture Permian gas producer. Progress: 3370m | Roseneath Shale, Epsilon Formation, Patchawarra Formation, Toolachee Formation. |
PPL 7 Gas Appraisal CIE Basin, SA | BPT 20.21% STO' 66.60% ORG 13.19% | ReportTime: 0600 hrs (CST) 08/0112014 Depth: 3370m (TD) Operation: Vlell is cased and suspended as a fUture Permian gas producer. Progress: 3370m | Roseneath Shale, Epsilon Formation, Patchawarra Formation, Toolachee Formation. |
Moomba-200 | BPT 20.21% STO' 66.60% ORG 13.19% | ReportTime: 0600 hrs (CST) 08/0112014 Depth: 3185m (TD) Operati on: Vlell is cased and suspended as a fUture Permian gas producer. Progres s : Om | Roseneath Shale, Epsilon Formation, Patchawarra Formation, Toolachee Formation. |
PPL 7 Gas Appr aisal CIE Basin, SA | BPT 20.21% STO' 66.60% ORG 13.19% | ReportTime: 0600 hrs (CST) 08/0112014 Depth: 3185m (TD) Operati on: Vlell is cased and suspended as a fUture Permian gas producer. Progres s : Om | Roseneath Shale, Epsilon Formation, Patchawarra Formation, Toolachee Formation. |
Beach Energy Ltd
ABN: 20 007 617 969
25 Conyngham Street
GLENSIDE SA 5065
GPO Box 175
ADELAIDE SA 5001
Tel: +618 8338 2833
Fax: +618 8338 2336
Web : w w w.beac h e n erg y .com.a u
Ema i l : i n fo @ b eac h e ner gy . com . au Page 5
Monthly Drilling Report - December 2013
Drilling Report - Period ending Wednesday 8th January 2014Well | Participants | Progress & Summary | Primary Targets |
Moomba-197 | BPT 20.21% STO* 66.60% ORG 13.19% | Report Tim e: 0600 hrs (CST) 08/01/2014 Depth: 3156.8m (TD) Operation: Well is cas ed and s us pended as a future Perm ian gas producer. Progres s : 2243.8m | Ros eneath Shale, Eps ilon Form ation, Patchawarra Form ation, Toolachee Form ation. |
PPL 7 Gas Developm ent C/E Bas in, SA | BPT 20.21% STO* 66.60% ORG 13.19% | Report Tim e: 0600 hrs (CST) 08/01/2014 Depth: 3156.8m (TD) Operation: Well is cas ed and s us pended as a future Perm ian gas producer. Progres s : 2243.8m | Ros eneath Shale, Eps ilon Form ation, Patchawarra Form ation, Toolachee Form ation. |
Roswell-2 | BPT 20.21% STO* 66.60% ORG 13.19% | Report Tim e: 0600 hrs (CST) 08/01/2014 Depth: 3481m (TD) Operation: Cas ed and s us pended for future evaluation. Progres s : 1060m | Ros eneath Shale, Eps ilon Form ation, Murteree Shale, Patchawarra Form ation, Toolachee Form ation. |
PPL 9 Unconventional Gas Exploration C/E Bas in, SA | BPT 20.21% STO* 66.60% ORG 13.19% | Report Tim e: 0600 hrs (CST) 08/01/2014 Depth: 3481m (TD) Operation: Cas ed and s us pended for future evaluation. Progres s : 1060m | Ros eneath Shale, Eps ilon Form ation, Murteree Shale, Patchawarra Form ation, Toolachee Form ation. |
El Salmiya-3 | BPT 22.00% KEE* 50.00% DOV 28.00% | Report Tim e: 0600 hrs (local) 07/01/2014 Depth: 3714m Operation: Drilling ahead. Progres s : 857m | Abu R's h C, E, Bahariya, Khatatba |
Abu Sennan Oil Exploration Egypt, Wes tern Des ert | BPT 22.00% KEE* 50.00% DOV 28.00% | Report Tim e: 0600 hrs (local) 07/01/2014 Depth: 3714m Operation: Drilling ahead. Progres s : 857m | Abu R's h C, E, Bahariya, Khatatba |
( * ) Operator
BPT Beach Energy Ltd
DOV Dover Investments Ltd ORG Origin Energy Resources Ltd
APL Australia Pacif ic LNG
GGO Gidgealpa Oil Pty Ltd
STO Santos Limited
BGE Bengal Energy Ltd
ICN Icon Energy Ltd SXY Senex Energy Ltd
CVX Chevron Australia KEE Kuw ait Energy Egypt Ltd
Neil Gibbins
Chief Operating Officer
For more information, contact the following on +61 8 8338 2833: Corporate
Reg Nelson Managing Director
Neil Gibbins Chief Operating Officer
Investor Relations
Chris Jamieson General Manager Investor Relations
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