Beach Energy have released results from the drilling of their Cullen-1 well in the Bonaparte Basin in the area adjacent to Advent’s Bonaparte areas.

Beach Energy report extracts include: “initial Cullen-1 findings highly encouraging and results currently being assessed” “5,249 feet (1,600 meters) of over-pressured marine shale with variable carbonate content Encouraging gas and oil shows in tight sands 177 feet (54 meters) of core recovered” “3,281 foot (1,000 meter) of fractured platform carbonate Elevated gas shows over natural fracture intervals Extended production testing required to assess potential”

Tags: Beach Energy Limited