| CURRENT WELLS |
| AREA |
TENEMENT |
Beach Equity |
WELL |
STATUS |
| Cooper/Eromanga-Oil |
Cooper Oil Project |
20-39% |
Ongoing |
| |
|
|
|
|
| Cooper/Eromanga-Gas |
PPL 11 |
20.21% |
Big Lake-90 |
Drilling |
| |
PL 60 |
20% |
Munkah-12 |
Drilling |
| |
|
|
|
|
| Surat Basin |
Titpon West Project |
40% |
Ongoing |
|
| |
|
|
|
|
| PLANNED WELLS |
| AREA |
TENEMENT |
Beach Equity |
WELL |
TIMING |
| Cooper/Eromanga-Oil |
PEL 106 |
50% |
Brownlow-1 |
October |
| |
PEL 106 |
50% |
Canunda-1 |
November |
| |
PEL 92 |
75% |
Gunyah-1 |
December |
|
Cooper Oil Project |
20-39% |
Ongoing |
|
| |
|
|
|
|
| Cooper/Eromanga-Gas |
PL 111 |
20% |
Yawa-2 |
October |
| |
PPL 11 |
20.21% |
Big Lake-91 |
October |
|
|
|
|
|
| Bass Basin |
T/38P |
80% |
Spikey Beach -1 |
October |
| |
T/39P |
50% |
Peejay-1 |
November |
| |
|
|
|
|
| Otway Basin |
VIC/P46 |
50% |
Fermat-1 |
December |
| |
|
|
|
|
| Gippsland Basin |
VIC/L26 |
30% |
3 Wells |
December |
| |
|
|
|
|
| Egpyt |
North Shadwan |
20% |
Burtocal-2 |
September |
| |
|
|
|
|
| RECENT WELLS (from July 2008) |
| AREA |
TENEMENT |
Beach Equity |
WELL |
STATUS |
| Cooper/Eromanga-Oil |
Cooper Oil Project |
20-39% |
|
4 successes* |
| |
|
|
|
|
| Cooper/Eromanga-Gas |
PL 61 |
20% |
Galex-2 |
Gas Well |
|
PPL 11 |
20.21% |
Big Lake-89 |
Gas Well |
|
PPL 22 |
20.21% |
Marabooka-15 |
Gas Well |
| |
PPL 22 |
20.21% |
Marabooka-14 |
Gas Well |
| |
PPL 22 |
20.21% |
Marabooka-13 |
Gas Well |
| |
PPL 22 |
20.21% |
Mudera-16 |
Gas Well |
| |
PPL 51 |
20.21% |
Kirralee-2 |
Gas Well |
|
PPL 22 |
20.21% |
Mudera-15 |
Gas Well |
| |
|
|
|
|
* From 1 July 2008, as at 25 September 2008
| COOPER OIL PROJECT (COP) - as at 31 June 2008 |
| Well Type |
WELLS DRILLED |
WELLS
CASED |
%
CASED |
| Exploration |
33 |
15 |
45% |
| Appraisal |
47 |
34 |
72% |
Development |
32 |
31 |
97%
|