epr and bpt pre open, page-9

large volumes for BPT today, very misleading for EPR if the 25% is inacurate.
Weekly Drilling Report
Wednesday 17th December 2008
Well
Primary Targets
BPT*
50.00%
Report Time:
Waarre Fm (Unit C)
VIC/P46
EPR
25.00%
Depth:
Flaxman Fm
MIT
25.00%
Operation:
Progress:
BPT*
75.00%
Report Time:
Namur Sst
PPL 220
COE
25.00%
Depth:
Operation:
Progress:
BPT
20.21%
Report Time:
Birkhead Fm
STO*
66.60%
Depth:
Hutton Sst
ORG
13.19%
Operation:
Progress:
BPT
30.00%
Report Time:
Hutton Sst
STO*
70.00%
Depth:
1771m (TD)
Namur Sst (s)
Operation:
Basal Jurassic
Progress:
BPT
23.20%
Report Time:
Patchawarra Fm
STO*
60.06%
Depth:
2332m (TD)
Hutton Sst
ORG
16.74%
Operation:
Progress:
BPT
20.21%
Report Time:
Patchawarra Fm
STO*
66.60%
Depth:
951m
Tirrawarra Sst
ORG
13.19%
Operation:
Progress:
COAL SEAM GAS PROJECTS
Well
Depth
PL 198
BPT
40%
Tipton-144
638.93m
Coal Seam Develop't
AOE*
60%
Tiipton-146
28.89m
* Operator
(s) Secondary Targets
BPT Beach Petroleum Ltd
`
C/E Basin, QLD
951m
Tirrawarra-74
0600 hrs (CST) 17/12/2008
PPL 20
Gas Development
Drilling ahead in the Early Cretaceous.
Location
Participants
Operation: 0600hrs (EST) 17th December 2008
AOE Arrow Energy NL
COE Cooper Energy Limited
EPR Essential Petroleum Resources Ltd
MIT Mitsui E&P Australia
ORG Origin Energy Resources LTD
STO Santos Limited
Fermat-1
Zeus-1
0600 hrs (CST) 17/12/2008
0600 hrs (CST) 17/12/2008
736m
Oil Appraisal
Gidgealpa-61
C/E Basin, SA
PPL 6
Surat Basin, QLD
Drilling surface hole.
Tipton 146.
Drilling ahead in the Westbourne Formation.
C/E Basin, Qld
Participants
Weekly Progress & Summary
well completed as future gas producer; rig moved to
1661m
0600 hrs (CST) 17/12/2008
0600 hrs (CST) 17/12/2008
Well is being cased as a future Patchawarra Formation
1679m
0800 (AEST) 17/12/2008
999m
736m
Drilling ahead in the Early Cretaceous.
1346m
Well is being cased for further evaluation.
Gas Exploration
Pulling out of hole at 13.375" casing point.
Otway Basin, Vic
999m
C/E Basin, QLD
1399m
Okotoko-3
Oil Development
Callawonga-5
PL 83
Gas Development
C/E Basin, QLD
ATP 259P (Total 66)
Oil Exploration
gas