Beach Energy hit oil in the Stunsail-3 development well, located in the western flank of the onshore Cooper Basin in South Australia.
The well was drilled to develop oil bearing reservoirs in the Namur and MidNamur sandstone in the Stunsail Field, Beach said, which is approximately 85km northwest of the Moomba processing facility.
Stunsail-3 also assessed potential for reservoir development in the Birkhead formation. The well was cased and suspended after intersecting 2m of net pay in the Namur Sandstone and 4m of net pay in the Mid-Namur sandstone.
The well also encountered a 15m gross interval within the Birkhead formation with strong oil shows. The well is to be completed as a Birkhead oil producer to provide extended production test information for this reservoir.
Beach has now completed all three development wells in its FY17 operated western flank drilling campaign. All three development wells were in line with pre-drill expectations and have been cased and suspended. All are expected to be completed and come online in Q2 FY17, the company said.
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