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Article: Beach Petroleum Limited (ASX:BPT) Oil Column Encountered In NS377-3 Development Well, North Shadwan Egypt

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abnnewswire.net
Article date:
November 11, 2009
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Beach Petroleum Limited (ASX:BPT)(PINK:BEPTF) is pleased to advise the NS377-3 oil development well (North Shadwan Development Lease, Gulf of Suez, Egypt, Beach 20%) has reached its total depth of 2,873 metres MD (1,800 metres TVD RT) after intersecting a gross oil column of 144 metres in the Kareem Formation sandstone of Miocene age. The well is the first production well on the NS377 Oilfield and was drilled as an extended reach deviated well from an onshore location. The onshore surface location will enable rapid completion and connection, with first production expected by second quarter, 2010.

NS377-3 was drilled 150 metres due north of the GH377-1 Kareem Formation discovery well ...

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